New phases, plotted communities, and metro-linked homes mark Puravankara's Chennai growth in 2026.
Puravankara Limited continues to expand its footprint in Chennai as part of a nationwide portfolio that has grown significantly over the past year. As of March 31, 2026, Puravankara has completed 95 projects totalling 57 million sq ft across nine cities including Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa, with ongoing projects adding up to 36.69 million sq ft. Chennai remains one of the company's core markets, with active developments spanning apartments, plotted communities, and township-style projects across South and West Chennai.
The flagship project in the city right now is Purva Windermere in Medavakkam, near Pallikaranai and Velachery. This expansive development spans 55 acres and is adjacent to a serene 58-acre lake, featuring a total of 2,688 apartments in 21 towers, with 1 BHK, 2 BHK, and 3 BHK units ranging from 620 sq. ft. to 1,490 sq. ft. The project comprises three well-planned phases, with Phase 1 already delivered and housing over 2,000 residents, while Phases 2 and 3, named Purva Pinnacle and Purva Lakevista, are under construction and expected to be ready by December 2027. Pricing for the ongoing phases starts competitively: Purva Windermere offers 1 BHK flats starting at ₹52 lakhs (614-625 sq.ft), 2 BHK apartments from ₹76 lakhs (902-915 sq.ft), and 3 BHK residences from ₹98 lakhs to ₹1.25 crores. The community is backed by 76% open spaces, two state-of-the-art clubhouses, and 40+ lifestyle amenities, and residents will soon benefit from access to an upcoming Metro station nearby.
On the plotted-development side, Purva Soukhyam in Guduvancheri is the largest such project Puravankara has undertaken in Chennai. Purva Soukhyam is the largest plotted development in the suburb of Chennai-Guduvancheri, presenting a harmonious blend of wellness and luxury living with an innovative concept that places community-wide wellness at its core. The development offers a diverse range of plot options, from Rowhouse Plots to Estate Plots, comprising over 2,200 residential plots. The project is registered under TNRERA, and Purva Soukhyam is registered under TNRERA with the registration numbers TN/35/Layout/4355/2023 and TN/35/Layout/4356/2023. Purva Soukhyam is expected to be completed by December 2027. Pricing has moved up since launch, with recent listings quoting plots from around ₹19.9 lakhs onwards, reflecting steady absorption in the corridor along GST Road.
Further west, Purva Raagam in Thirumazhisai adds another plotted option to the portfolio. The project offers a total of 655 plots spread across 33 acres, with sizes ranging from 600 to 2,400 sq.ft., and it carries TNRERA registration number TN/02/Layout/1440/2023. Prices for plots here range roughly between ₹22 lakhs and ₹88 lakhs depending on plot size and location within the layout, making it one of the more accessible entry points into Puravankara's Chennai portfolio for plot buyers looking to self-build.
Chennai's broader residential market backdrop supports this pipeline. Property prices in the city typically range between roughly ₹6,000 and ₹12,000 per sq ft for apartments, with prime micro-markets commanding a premium, and steady housing demand continues to push new supply into corridors like Medavakkam, Pallikaranai, Guduvancheri, and Thirumazhisai. These localities benefit from proximity to IT corridors, improving road and rail connectivity, and in some cases upcoming metro links, all of which have made them consistent focus areas for developers including Puravankara.
Financially, the company entered 2026 on stable footing to support this Chennai expansion alongside its other city portfolios. Entering 2026, Puravankara stands on solid financial ground, with the market valuing the company between ₹5,300 and ₹6,300 crore; in the first half of the year they clocked revenue of ₹1,201 crore, and sales saw a 17% bump, touching ₹1,414 crore. This financial base gives ongoing Chennai projects like Purva Windermere's later phases and Purva Soukhyam's remaining plot inventory a reasonable cushion against construction and delivery delays.
For homebuyers tracking Puravankara in Chennai through 2026, the practical takeaway is that the company's activity in the city is currently split between finishing large apartment communities (Purva Windermere) and rolling out plotted developments (Purva Soukhyam, Purva Raagam) in the city's growing southern and western suburbs. Buyers should verify current RERA possession timelines directly on the TNRERA portal before booking, since phase-wise possession dates for large multi-phase projects can shift as construction progresses.
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Presented for informational reference only; not an offer or a contract. All particulars — pricing, dimensions, imagery — are subject to change without notice. Independent verification is recommended before deciding. About · Projects
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