Puravankara Records Highest-ever Sales for 9MFY24

India’s most trusted and admired real estate developers, Puravankara Limited has recorded a sturdy sales performance in 9MFY24 with a sales value of Rs. 3,967 crores, an increase of 89 percent compared to Rs. 2,100 crores in 9MFY23. The Customer collections amplified to Rs. 2,515 crores compared to Rs. 1,597 crores in 9MFY23. These account of sales indicating a bound of 57 percent Y-o-Y.

Giving insights on the company’s performance, Ashish Puravankara, Managing Director, Puravankara says, "The first nine months of FY24 has seen exceptional pre-sales, marking a strong growth of 89 percent Y-o-Y. Achieving our highest-ever collection of Rs. 2,515 crores for 9MFY24 and Rs. 941 crores for Q3FY24 is a testament to our significant progress in construction while affirming our commitment to excellence in quality.

The successful launch of two new projects and a promising pipeline of upcoming launches show our confidence in sustaining this positive momentum. Our focus on efficiency and prompt execution has contributed to these impressive pre-sales and collection numbers."

The present positive economic conditions have generated an extraordinary demand for quality residential real estate and the company Puravankara Limited is evidently witnessing it in the sustenance sales of its enduring projects.

Overall, Puravankara is cheerful about upholding this sales momentum. This confidence of giving sturdy sales performance is deep-rooted in a merge of deliberated vision, customer-centric solutions and an untiring dedication to maintain high-quality standards.