Puravankara secures redevelopment project in Goregaon West worth Rs 2,600 crore

Puravankara said that it has secured redevelopment rights for three residential societies in Bangur Nagar, Goregaon West, Mumbai.

Spread across 4.68 acres, the project offers a total developable potential of approximately 1.05 million square feet and an estimated gross development value (GDV) of Rs 2,600 crore.

Located in the western suburbs, Goregaon West is a well-established residential market with strong connectivity to key business districts and social infrastructure.

Over the past three years, Puravankara has steadily expanded its Mumbai redevelopment portfolio across locations including Breach Candy, Pali Hill, Lokhandwala, Chembur, Malabar Hill and Cuffe Parade.

The addition marks Puravankaras eighth redevelopment project in Mumbai and further strengthens its presence in the citys redevelopment market.