BENGALURU — Amidst a volatile global economic backdrop, Ashish Puravankara, Managing Director of Puravankara Limited, expressed strong confidence in the Indian housing sector’s resilience. Despite the ongoing conflict in West Asia and its impact on global supply chains, the company maintains that input cost pressures are “manageable” and demand remains “robust.”
The 24-Month Growth Blueprint
Puravankara is doubling down on its expansion strategy, particularly in South India and the high-value Mumbai market.
- Launch Pipeline: Plans to launch 30 projects over the next 24 months.
- Development Area: Spans approximately 51.14 million sq ft.
- Estimated GDV: The Gross Development Value of these projects is pegged at over ₹55,000 crore.
- Regional Focus: Heavy concentration on Bengaluru, Hyderabad, Chennai, Mumbai, and Pune.
Financial Resilience & Market Sentiment
The company’s 9MFY26 (nine months ending December 2025) performance indicators suggest a strong operational runway:
| Metric | Value (9MFY26) |
| Pre-sales | ₹3,859 Crore |
| Customer Collections | ₹3,045 Crore |
| Inventory Status | Strategic focus on both end-users and investors. |
On Input Costs & Margins:
Ashish Puravankara noted that while raw material costs (steel, cement) face some upward pressure due to energy spikes, the long lifecycle of real estate projects (typically 4–6 years) allows for cost-averaging. He expects profit margins to remain largely intact as high demand allows for slight price appreciation to offset expenses.
Related Market Buzz: “Dhurandhar” & Infrastructure
- Box Office Gold: In the entertainment sector, the Ranveer Singh-starrer Dhurandhar: The Revenge continues its record-breaking run, earning ₹47.70 crore on Day 7, with its global collection now nearing the ₹1000 crore mark.
- Travel Boost: Union Minister Nitin Gadkari announced that the Surat-Kurnool Greenfield Expressway will shrink the Delhi-Chennai distance by 320 km, a move expected to further boost real estate values along the new corridor.
- LPG Crisis: While the real estate sector remains optimistic, the hospitality industry is struggling with a commercial LPG shortage caused by the redirection of gas to domestic households during the ongoing energy crisis.
