Puravankara Limited

Puravankara Limited is a public real estate firm formed in 1975, based in Bengaluru, with 45 million square feet of finished space in 86 delivered projects. It trades on both the National Stock Exchange under PURVA and the Bombay Stock Exchange under code 532891. Last year, the group sold ₹7,407 crore in homes and collected ₹4,258 crore from buyers.

It holds 40 million square feet of clear land across nine big cities like Bengaluru, Mumbai, Chennai, Pune, and Hyderabad. The company builds homes under three clear labels: Puravankara for luxury, Provident Housing for mid-income buyers, and Purva Land for open plots.

What Is Puravankara Limited’s Current Net Worth and Cash Health?

Puravankara Limited holds a market value above ₹5,400 crore and owns a land bank of 40 million square feet. Its average home sales rate jumped 21% to ₹10,213 per square foot while yearly sales reached ₹3,745 crore.

• The firm held ₹1,031 crore in bank cash at the end of the fiscal year.
• Its net debt was ₹2,321 crore, which keeps its net debt-to-equity ratio low at 1.31.
• It keeps ₹574.2 crore in unused bank credit to buy new land fast.
• The team expects a cash surplus of ₹19,290 crore from ongoing building work over the next 3 to 5 years.

How Does Puravankara Limited Divide Its Housing Business?

Puravankara Limited splits its home builds across three brand names to fit different income groups, keeping 40% of its new build plan for high-end luxury flats. The builder has handed over 86 projects across nine cities and retains rights on 50 million square feet of finished work.

• Puravankara (Luxury Flats): Builds top-end high-rise homes with automated app door locks, sky lounges, and big clubhouses for wealthy buyers.
• Provident Housing (Mid-Income Flats): Sells low-cost flats built with fast precast concrete walls to help middle-class families buy their first home.
• Purva Land (Plotted Layouts): Sells clear land plots inside gated areas with paved roads, streetlights, and piped water ready to use.
• Commercial and Retail Parks: Builds Grade-A corporate office towers and retail centers that bring in steady monthly shop rent.

Purva Cityspire: Puravankara Limited’s Flagship Luxury Launch on Bengaluru’s Bellandur Tech Belt

Purva Cityspire is Puravankara Limited’s flagship pre-launch twin-tower luxury project set across 6 acres in Bellandur along Bengaluru’s Outer Ring Road (pin code 560103). The site holds two high-rise towers of 35 and 38 floors, offering around 500 luxury flats in 1, 2, 3, and 4 BHK plans starting from ₹97.5 lakh.

Flat Sizes, Prices, and Community Living

The project leaves 55% of the 6-acre ground open for green parks, jogging tracks, and trees rather than filling every corner with concrete.

• 1 BHK Flats: Sized from 700 to 800 square feet, with prices starting at ₹97.5 lakh.
• 2 BHK Flats: Sized from 1,150 to 1,400 square feet, with prices starting from ₹1.50 crore.
• 3 BHK Flats: Sized from 1,700 to 2,100 square feet, with prices starting from ₹2.21 crore.
• 4 BHK Sky Homes: Sized from 2,600 to 3,200 square feet, with prices starting from ₹3.38 crore.
• Clubhouse Perks: Houses a 20,000 sq ft sky club with a pool, gym, yoga room, spa, work lounge, and party hall.
• Green Systems: Runs rain harvesting pits, an on-site water recycling plant for garden use, and basement EV car chargers.

Prime Location and Road Connections

Purva Cityspire sits right in the Bellandur IT corridor, located 900 meters from Helios Business Park and 1.6 km from National Highway 44.

• Nearby Tech Parks: It lies close to Pritech Park SEZ (4 km), RMZ Ecospace (4.5 km), and Embassy TechVillage (5.7 km).
• Transit Stops: It is 1.7 km from the new Kadubeesanahalli Blue Line metro stop and 2.9 km from the Bellandur Road train station.
• Rental Income: Strong demand from IT workers nearby keeps rent high, with 2 BHK flats earning about ₹32,000 per month and 3 BHK flats earning ₹45,000 per month.

What Building Methods and Quality Systems Does Puravankara Use?

Puravankara Limited uses factory-made precast concrete blocks and smooth metal forms to pour solid walls and complete towers on schedule. These modern building steps replace 60% of messy brick and mortar work on site, which prevents wall cracks and extends building life.

• Metal Form Shuttering: Pours concrete directly into steel molds to create flat walls with no large pillar corners in living rooms.
• Treated Water Setup: Runs on-site wastewater plants and dual pipes to clean and reuse all dirty water for garden lawns.
• BluNex Smart Living: Adds smart tech so homeowners can unlock doors with fingerprints and manage hall lights from their phones.
• Green Building Code: Plans towers to meet IGBC gold ranks for cool cross-ventilation and low power draw.

Where Is Puravankara Limited Growing Its Footprint?

Puravankara Limited is spending fresh funds to buy prime city plots and rebuild old apartment societies in Mumbai, Pune, and Bengaluru. The builder holds a solid pipeline of 21.02 million square feet across growing city zones.

• Bengaluru: Builds along the Outer Ring Road tech strip and North Bengaluru airport roads to meet high housing demand from software staff.
• Mumbai MMR: Takes on society rebuild jobs in Lokhandwala and Goregaon West to sell modern luxury flats to city families.
• Hyderabad: Adds new open land layouts and high towers near bustling business parks for corporate managers.
• Delhi-NCR and Chennai: Develops mid-rise homes and gated plot schemes in growing outer suburbs for new home buyers.

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