Puravankara targets ₹5,200 crore revenue from debut Delhi-NCR project

Puravankara Projects Limited has set its sights on substantial returns from its inaugural development in the Delhi-NCR region, with the company targeting a gross development value (GDV) of ₹5,200 crore from the project. The 13.44-acre parcel, located in the high-growth corridor, offers approximately 4.57 million square feet of saleable area, positioning it as a significant addition to the developer's portfolio.

The project represents a strategic expansion for Puravankara, which has traditionally focused on markets in South and Western India. Entry into the Delhi-NCR market provides access to a large, affluent demographic and aligns with the company's growth ambitions across multiple geographies.

With the real estate sector in the National Capital Region experiencing robust demand for residential properties, the developer's foray into the region comes at a favourable time. The project's scale and projected revenue underscore growing investor confidence in Delhi-NCR's residential market.

Puravankara's move reflects a broader trend among established Indian real estate firms to diversify geographically and tap emerging opportunities beyond their traditional strongholds. The company's entry into Delhi-NCR is expected to strengthen its competitive position in India's real estate landscape and unlock fresh revenue streams.