Bengaluru-based listed developer Puravankara Ltd has added four new real estate projects—two each in Mumbai and Bengaluru—with a combined gross development value (GDV) of ₹9,100 crore in the first half of FY26. The expansion includes a marquee redevelopment project in Malabar Hill (₹2,700 crore) and another in Chembur (₹2,100 crore) in Mumbai, alongside large-scale joint development ventures in North and East Bengaluru, valued at ₹3,300 crore and ₹1,000 crore, respectively.

In Mumbai, the company secured a redevelopment project in the Malabar Hill area of South Mumbai, with an estimated potential of ₹2,700 crore. The project involves offering 0.7 million sq ft of development on 1.43 acres of land. The second project, located in Chembur, has an estimated potential of ₹2,100 crore and comprises 1.2 million sq ft of development on 4 acres of land.

In Bengaluru, the company announced a partnership with KVN Property Holdings LLP for a 24.59-acre land parcel, offering a developable area of 3.48 million sq ft and an estimated potential value of over ₹3,300 crore. This was followed by another joint development project in the Balegere area of Bengaluru, with a potential value of ₹1,000 crore on a 5.5-acre land parcel.

“In Q2 FY26, we sustained the growth momentum, driven entirely by sustenance sales, achieving pre-sales of ₹1,322 crores and collections of ₹1,047 crores, both improving year-on-year. During the first half of FY26, we made significant progress in expanding our portfolio, adding over 6.36 million square feet of potential developable area with an estimated GDV of approximately ₹9,100 crores,” said Ashish Puravankara, Managing Director, Puravankara Limited.

The company statement reported pre-sales of ₹1,322 crore in Q2 FY26, a 4% year-on-year increase from ₹1,270 crore in the same quarter last year. For the first half of FY26, pre-sales totalled ₹2,445 crore, representing a 4% increase from ₹2,349 crore in H1 FY25. Sales volume during Q2 FY26 was 1.50 million sq ft, taking the total for H1 FY26 to 2.75 million sq ft.

The company’s average realisation improved to ₹8,814 per sq ft in Q2 FY26, up 7% year-on-year, and to ₹8,891 per sq ft in H1 FY26, reflecting an 8% increase from the previous year, the statement said.