Puravankara up 8%, launches residential development proj in Pune

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26 Aug, 2025 12:21

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Puravankara Projects shares surged more than 8 percent intraday after the company launched integrated lifestyle project in Pune.

"Puravankara announced its foray back into western region with a proposed development of 30 acres in Mundhwa, Pune. Purva Silversands, the first phase of development across 20 acres, is being launched as a unique integrated lifestyle district with a design theme," says the Bengaluru-based real estate company in its filing.

This property offers a variety of residential apartments - 1, 2, 3 and 4 BHK apartments, penthouses, garden apartments.

Puravankara says it has opened bookings at base price of Rs 4,995 per square foot.

At 15:15 hours IST, the scrip of Puravankara Projects was quoting at Rs 48.50, up Rs 1.05, or 2.21 percent on the BSE.Posted by Sunil Shankar Matkar