Browsing: Puravankara Limited

Brand Rating Track2Realty BrandXReport 2022-23

Prestige emerges as new National Brand Leader

Prestige Group has emerged as the new Brand Leader of Indian real estate. The brand had continuously been closer to the Leadership and among the Top 3 National Brands. Brigade Group makes a giant leap and jumps from Number 5 to now the 2nd Best Brand of the business. DLF is continuously scaling up and now rests as 3rd Best Brand at the National level. Godrej Properties is losing its sheen as a Valuable Brand and slips down to Number 5 from Number 2 this fiscal year. Puravankara is also proving to be the Dark Horse of the National Brand Leadership and emerges from Number 7 to now at Number 5.

Company News Financial Results, Puravankara Limited, Ashish Puravankara, Bengaluru Property Market, India's Best Realty Brands, Quarterly Results, Financial Results

Puravankara reports highest ever Q3 sales; revenue growth of 67% amounting to INR 410 crore

On Puravankara’s future plans he said, “We will continue to work towards expanding our market share,and we are excited to announce that in Q3FY23 the group has achieved increased revenue from projects by 77%, increased collection from operations by 87% from construction and delivery against the similar quarter in the previous year. This is supported by increased sales and new launches of over 4.11 msft in 9MFY23 with the last quarter of the current financial year adding another 2.17 msft. Our per Sq. Ft. of debt on under construction area has reduced by 49% from INR 2,524 to INR 1,291 over the last four years.

Brand Rating Track2Realty BrandXReport 2018-19, Brand Rating of Indian Real Estate, Best Brands of Indian Real Estate, Best Property Developers in India, Brand Performance of Indian Real Estate, Sobha Limited, Embassy Group, Godrej Properties, Prestige Group, Oberoi Realty, K Raheja Corp, Brigade Group, DLF Limited, Puravankara Limited, Piramal Realty

Sobha retains brand leadership; Embassy is the brand performer

In terms of the overall brand gain for the year, Embassy has been way ahead of the competition curve post the REIT listing. Embassy has jumped from its last fiscal ranking at Number 5 to now at Number 2. As a matter of fact, Embassy is just 0.4 brand score behind Sobha Limited. Moreover, Embassy has taken a lead ahead of Sobha in terms of NRI perception. Moving forward, Embassy Group with diversified portfolio could have an edge over Sobha Limited.  

Network Ashish R Puravankara, Puravankara Ltd, Puravankara Projects, Bangalore real estate market, Provident Housing, India real estate news, Indian realty news, Indian property market news, Real estate news India, Track2Realty

Puravankara to launch BluNex Life – NexGen Intelligent Homes

BluNex Life’ will give home buyers and residents a distinct edge by converting their homes into a smart home. As the concept of home automation picks up in India, ‘BluNex Life’ is in line with Puravankara’s vision of providing intelligent homes to new home buyers, who are looking for more smart and safety features, and to stay contemporary.

Editorial Ashish R Puravankara, Puravankara Ltd, Puravankara Projects, Bangalore real estate market, Provident Housing, India real estate news, Indian realty news, Indian property market news, Real estate news India, Track2Realty

A business leader with vision beyond market curve

Those who know Puravankara family are not surprised. After all, he grew up in a home where every dinner discussion was about business and opportunities, which would invariably veer towards brick, mortar and realty. He was mentored by a passionate and focused visionary father whose passion and perseverance made Ashish understand what it takes to build vibrant communities and enriching lives by offering families their dream of buying a home.

Network Puravankara Limited, Puravankara in Goa, Puravankara Goa project, Ashish Puravankara, Adora de Goa, Goa real estate, Goa property launches, Goa affordable housing, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty

Puravankara enters Goa with ‘Adora de Goa’

The project is expected to deliver a Sales Volume of close to INR 1000 crores over the next 5 years or so. As part of its marketing strategy, the company has a dual strategy of attracting the local home buyers in Goa, as well as position it as a Vacation Home to those who live in other parts of India yet love Goa for what it is.