Puravankara Enters Malabar Hill Market

  Published 9 months ago

Puravankara acquires Malabar Hill project, 1.43 acres, 0.7m sq ft, revenue potential Rs 2,700 crore.

  • Promoters clarified no related party involvement, ensuring compliance with regulatory norms and full transaction transparency.
  • Project strengthens Mumbai portfolio, second major redevelopment after Miami Apartments at Breach Candy, highlighting luxury positioning.
  • Redevelopment portfolio now totals 4.25m sq ft, with potential GDV worth Rs 10,500 crore in Mumbai.

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