Mumbai, July 7 -- The project marks a key milestone for the company, unlocking a total development potential of over 1.2 million sq ft, spread across approximately 4 acres. The estimated gross development value (GDV) of the project stands at Rs 2,100 crore, Puravankara said in a regulatory filing.

This announcement follows Puravankara's recent acquisition of development rights for marquee redevelopment projects in Breach Candy, Pali Hill, and Lokhandwala in Mumbai.

These strategic wins underscore the company's growing footprint in the western region's redevelopment segment, reinforcing its commitment to revitalising urban spaces with quality and integrity.

Ashish Puravankara, Managing Director, Puravankara, said, "Securing marquee rede...