Puravankara Ltd
23 Dec 2025 12:00 AM
Puravankara acquires 53.5-acre land parcel in Anekal Taluk, Bengaluru,
Puravankara has acquired a 53.5-acre land parcel in Anekal Taluk, Bengaluru, further strengthening its presence in one of the city`s emerging residential growth corridors. The acquisition is aligned with the company`s strategy to expand across Bengaluru micro-markets, supported by improved infrastructure, strong connectivity, and sustained end-user demand. Commenting on the development, Ashish Puravankara, Managing Director, Puravankara Limited, said, �This acquisition is part of our ongoing efforts to systematically add quality developable land to our launch pipeline across strategic micro-markets. This reflects our disciplined approach to growth with a long-term view for the organisation, and also confidence in the fundamentals of these markets to create large, sustainable communities.� The newly acquired land parcel at Attibele Hobli is strategically located and has a saleable area of 6.4 msft, with a potential gross development value of over Rs 4,800 crore. Powered by Capital Market - Live News
Puravankara Ltd
19 Dec 2025 12:00 AM
Puravankara provides corporate guarantee on behalf of subsidiary,
Puravankara has provided a Corporate Guarantee to Starworth Infrastructure & Construction, wholly owned subsidiary of the Company, for enhancement of credit facilities of Rs. 50 crore in favour of Axis Bank. Powered by Capital Market - Live News
Puravankara Ltd
21 Nov 2025 12:00 AM
Puravankara raises Rs 75 cr via private placement of NCDs,
Puravankara has allotted 750 unlisted, unrated, senior, secured, redeemable, non-convertible debentures of face value of Rs 10,00,000 each, aggregating up to Rs 75 crore as second tranche, by way of a private placement basis on 20 November 2025.Powered by Capital Market - Live News
Puravankara Ltd
17 Nov 2025 12:00 AM
Puravankara to lease retail space to IKEA at Purva Zentech Park, Bengaluru,
Puravankara announced the signing of an Agreement to Lease (ATL) with IKEA India for leasing of two floors of retail space at the Purva Zentech Park, located on Kanakapura Road, Bengaluru. Purva Zentech Park is a mixed-use commercial development with approximately 9.6 lakh square feet of leasable and saleable area. Typical floor plates are approximately 50,000 square feet, with modular units ranging from 4,500 to 5,000 square feet available for lease or sale. Strategically located within a five-minute walk from both the Konankunte Metro Station and Forum Mall, the project is a sustainable, Indian Green Building Council (IGBC) Gold development, designed to accommodate large-format tenants as well as mid-sized occupiers. The development is currently under construction and is slated for completion by early 2026. IKEA will occupy the first and second floors of the development, which are designated for retail use. The space is expected to be handed over next year in Q1 of calendar year 2026, with operations scheduled to commence thereafter. Colliers` office services team was the advisor on this transaction. Powered by Capital Market - Live News
Puravankara Ltd
07 Nov 2025 12:00 AM
Puravankara reports consolidated net loss of Rs 41.79 crore in the September 2025 quarter,
Net Loss of Puravankara reported to Rs 41.79 crore in the quarter ended September 2025 as against net loss of Rs 16.78 crore during the previous quarter ended September 2024. Sales rose 30.00% to Rs 644.20 crore in the quarter ended September 2025 as against Rs 495.54 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales644.20495.54 30 OPM %16.1322.60 - PBDT-46.133.22 PL PBT-56.65-4.78 -1085 NP-41.79-16.78 -149 Powered by Capital Market - Live News
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