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Puravankara acquires a 3-acre redevelopment project in Mumbai

Puravankara acquires rights for a 3-acre redevelopment project in Mumbai’s Andheri

Unnati More Nov 16, 2023 0

Leading real estate firm Puravankara Ltd has secured the rights for the redevelopment of two housing projects in Mumbai’s Andheri, with a revenue potential of 1,500 INR-Crore. The company is expanding its footprint in Mumbai by entering the western region with this project.

The projects occupy a combined area of three acres with a development potential of 5.8 lakh SqFt. Out of this, 3.65 lakh SqFt area will be available for sale.

Also Read: ‘Godrej Ananda’ an upcoming residential project by Godrej Properties in Bangalore

According to Ashish R. Puravankara, Managing Director of Puravankara Group, this latest acquisition aligns with the company’s strategy of expanding its presence across key markets in India. The company has always been renowned for its high-quality projects and customer-centric approach. Puravankara hopes to continue its mission of providing unparalleled real estate solutions by acquiring this redevelopment project.

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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.


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