India, Sept. 22 -- Delhi-NCR has long been the market every serious pan-India developer eventually wants a piece of, precisely because it is large, liquid and unforgiving in equal measure. Southern and Western developers in particular have historically stayed cautious about the region, wary of its longer approval cycles and more fragmented land titles. When one of them finally commits capital there, it tends to say as much about their confidence as about the market itself.

Shares of Puravankara Ltd. closed at Rs. 218.12, up 1.48 percent from previous close of Rs. 214.94. The stock opened at Rs. 214.94, reaching an intraday high of Rs. 223.70 and low of Rs. 214.00. The company currently has a market capitalization of Rs. 5,173 crores.

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