Business News

Ashish Puravankara, MD, Puravankara Limited

Puravankara to redevelop 8 societies in Mumbai, with a GDV potential of Rs 2,100 crore

Jul 07, 2025

Mumbai (Maharashtra) [India], July 7: Puravankara Limited (NSE: PURVA | BSE: 532891), one of India's most trusted and admired real estate developers, has been selected as the preferred developer for the redevelopment of eight residential societies in Chembur, Mumbai. This marks a significant milestone for the company, unlocking total development potential of over 1.2 million square feet, spread over approximately 4 acres, with an estimated gross development value (GDV) of Rs 2,100 crore.

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