Real Estate on Fire: Puravankara’s Q4FY25 Pre-Sales Skyrocket to ₹12.82 Billion!

Image Source: Realty Quarter

Puravankara Ltd has delivered a blockbuster performance in Q4FY25, reporting collections of ₹9.46 billion and pre-sales reaching an impressive ₹12.82 billion. This robust quarter caps a year of sustained growth, operational efficiency, and strategic expansion for the real estate major.

Key Highlights:

Record Collections: Q4FY25 customer collections surged to ₹9.46 billion, underscoring improved cash flows and strong project execution. This momentum builds on a 19% year-on-year increase in collections for the first nine months of FY25.

Pre-Sales Momentum: Pre-sales for the quarter stood at ₹12.82 billion, reflecting heightened demand and successful sales strategies across both new and ongoing projects.

Rising Realizations: The average sales realization in the preceding quarter climbed to ₹8,847 per sq ft, marking a 16% year-on-year increase, indicating strong pricing power and product mix optimization.

Strategic Investments: Puravankara invested over ₹1,100 crore in land acquisitions during FY25, adding a potential gross development value (GDV) of ₹10,500 crore to its pipeline, including a major acquisition on Kanakapura Road, Bengaluru.

Growth Pipeline: The company is poised for further growth with a launch pipeline of 15.7 million sq ft scheduled between Q4FY25 and Q1FY26. Four major projects, with a total saleable area of 3.95 million sq ft and a GDV of ₹3,200 crore, are expected to receive occupancy certificates in the coming quarters.

Leadership Update: Deepak Rastogi has been appointed as Group CFO and Key Managerial Personnel, effective January 15, 2025, to steer the company’s financial strategy through its next phase of expansion.

With these results, Puravankara cements its position as a leader in India’s consolidating real estate market, ready to capitalize on new opportunities and deliver value to stakeholders.

Sources: Economic Times, Business Standard, ICICI Direct

Stay Ahead – Explore Now! DSM Capital Partners LLC Boosts Stake in HDFC Bank

STORIES YOU MAY LIKE

Image Source : Mint

Getting A Personal Loan With A Low Credit Score In India: Smart Moves For 2025 Borrowers

Image Source : India Today

Royal Flavours Unveiled: Farah And Dilip Learn Laal Maas From Udaipur’s Prince

Image Source : Swarajya

Support Local Light: Bengal Potters Appeal For Indian-Made Diyas This Diwali

Image Source : Deccan Chronicle

Reimagining Indian Cuisine: Chef Ajit Bangera Talks Dosa Tacos And Ice Cream Chaat

Image Source: Man's World India

Celebrity Trainer Shivohaam Debunks Fat Loss Myths, Urges Sustainable Fitness Over Crash Diets

Image Source : Astroyogi

Ayodhya Deepotsav 2025: A Guide To Exploring The City's Festive Food Trail

Image Source : Travelsite India

India’s Top 9 Rafting Destinations For Thrill Seekers: From Rishikesh To Zanskar

Top Searches

Suggestions

Real Estate on Fire: Puravankara’s Q4FY25 Pre-Sales Skyrocket to ₹12.82 Billion!

STORIES YOU MAY LIKE

Live Blogs

Top Stories

Real Estate on Fire: Puravankara’s Q4FY25 Pre-Sales Skyrocket to ₹12.82 Billion!

STORIES YOU MAY LIKE

Subscribe to receive the day's headlines from WOWNEWS 24X7 straight in your inbox

Live Blogs

Top Stories