Get latest articles and stories on Business at LatestLY. Bengaluru (Karnataka) [India], April 5: Puravankara Limited (BSE: 532891), one of India's most trusted and admired real estate developers, recorded sales of Rs 5,914 crores in FY24, an increase of 90 per cent compared to Rs 3,107 crores in FY23. Customer collections increased by 60 per cent to Rs 3,609 crores for the FY, compared to Rs 2,258 crores in the previous fiscal. Business News | Puravankara Crosses Rs 5,914 Cr in Sales, Achieves Highest-Ever Collections in FY24.
Bengaluru-based real estate developer Puravankara achieves record-high annual sales and customer collections in FY24, with sales reaching Rs 5,914 crores, a 90% increase, and customer collections rising by 60% to Rs 3,609 crores. The company attributes its success to operational dedication, customer trust, and successful new launches. Land acquisitions and redevelopment projects contribute to growth.
The collection of ₹3,609 Crore for FY24 reflects Puravankara's dedication to operations and delivery, fostering increased trust in the brand among customers.