Mumbai, July 13 -- Customer collections climbed 40% YoY to Rs 1,199 crore during the quarter, reflecting sustained customer confidence and strong execution of delivery timelines.

The sales area stood at 1.36 million square feet (msft) in Q1 FY27, up 9% compared with the corresponding quarter last year, while average realisation improved 18% YoY to Rs 10,589 per sq ft.

During the quarter, Puravankara handed over 745 homes, totaling 0.94 msft.

Further, the company entered into a definitive agreement with ICICI Prudential AMC for the sale of its commercial property, Purva Zentech. The transaction values the asset at an enterprise value of Rs 625.94 crore. Of the total consideration, Rs 145 crore will be received through the sale of shares...