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Puravankara Reviews

Bengaluru, Karnataka

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Puravankara Limited is a prominent and highly trusted Indian real estate development company headquartered in Bengaluru, Karnataka. Established in 1975 by Ravi Puravankara, the company has built a distinguished 50-year legacy in the Indian property market, evolving from a local builder into a technology-driven real estate leader with a global footprint. The company operates in both the residential and commercial sectors, managing projects across major metropolitan hubs and key urban markets in India, including Bengaluru, Mumbai, Chennai, Pune, Hyderabad, Kochi, Goa, Coimbatore, and Mangalore, alongside an international presence in Colombo and the United Arab Emirates. The core operations of Puravankara are strategically structured across a diversified real estate platform that addresses distinct market segments through specialized brands. The flagship brand, Puravankara, focus on luxury and premium residential developments as well as commercial office spaces. To address the demands of mid-income homebuyers, the company established its wholly-owned subsidiary, Provident Housing Limited, in 2008, which delivers premium affordable housing. Additionally, the Purva Land brand, introduced in 2021, caters to the rising investor demand for planned communities and plotted developments. The group also features the ultra-luxury WorldHome Collection for high-end buyers. Supporting its core real estate activities, Puravankara operates Starworth Infrastructure and Construction Limited (SICL), an in-house engineering, procurement, and construction (EPC) subsidiary providing technology-enabled construction solutions and precast technology, and Purva Streaks, which delivers end-to-end interior design solutions. Financially, Puravankara Limited is a publicly listed entity trading on both the National Stock Exchange (NSE) under the ticker PURVA and the Bombay Stock Exchange (BSE) under the code 532891. The company maintains an institutional profile, having been among the first developers in India to secure Foreign Direct Investment (FDI) through partnerships with global entities like Singapore's Keppel Land and the International Finance Corporation (IFC). Led by Founder and Chairman Ravi Puravankara, Vice-Chairman Nani R. Choksey, Managing Director Ashish Ravi Puravankara, and CEO South Mallanna Sasalu, the company achieved its strongest financial year on record in fiscal year 2026. Full-year sales reached INR 7,407 crore, marking a 55% growth over the previous fiscal year, with customer collections standing at INR 4,258 crore. For the fourth quarter of FY26, the developer reported a profit after tax (PAT) of INR 111 crore and a consolidated operational revenue of INR 1,501.92 crore. The company holds strong credit credentials with an A+ (Stable) rating from both ICRA and CRISIL. Moving forward, Puravankara is expanding its development pipeline with a major emphasis on eco-friendly luxury properties and redevelopment initiatives, notably in Mumbai.