Builders Bet Big as Steel Spikes and Rate Hikes Lurk

Puravankara's ₹5,200 crore entry into Delhi NCR is a powerful vote of confidence in India's housing market. The Bengaluru-based developer secured a 13.44-acre land parcel in Greater Noida with saleable potential of 4.57 million sq ft — its largest land deal in FY27 so far. Managing Director Ashish Puravankara called it "a meaningful first step" in a market the company describes as "one of India's largest and most dynamic." This takes Puravankara's total FY27 business...