Puravankara Limited, a leading real estate developer in India, has secured the rights to redevelop eight residential societies in Mumbai's Chembur area, marking a significant milestone in their expansion strategy.
Puravankara LimitedMumbai Real EstateChembur RedevelopmentUrban DevelopmentSustainable LivingReal Estate MaharashtraJul 07, 2025
The Chembur redevelopment project has a total development potential of over 1.2 million square feet across approximately 4 acres.
The estimated gross development value of the Chembur redevelopment project is Rs 2,100 crore.
Puravankara Limited is currently managing 11 projects across Mumbai and Pune, covering approximately 14 million square feet.
Puravankara Limited's approach to redevelopment involves creating vibrant, sustainable, and livable communities with a strong focus on quality and customer-centric developments.
Puravankara Limited has acquired development rights in prime locations such as Breach Candy, Pali Hill, and Lokhandwala in Mumbai.
According to Colliers India, institutional investments in real estate have already reached USD 4.7 billion in the first three quarters of 2024, accounting for 87% of the total inflows. The report suggests a further growth in 2025.
The Insolvency and Bankruptcy Code (IBC) has been a game-changer in dealing with corporate insolvency. But is it equipped to handle default cases by real estate companies? This article delves into the complexities and capabilities of IBC in the real estat
In a significant real estate deal, Rishabh Family Trust, one of the prominent family trusts managed by Rajivnayan Bajaj, has purchased a land parcel in Pune's upscale Koregaon Park for a whopping Rs 72 crore.
Kalpesh Mehta, the founder of Tribeca Developers, made headlines when he attended Donald Trump's pre-inauguration celebrations in Washington. Here's a closer look at his journey and achievements in the real estate industry.
ADDA, a leading PropTech company, has been awarded 'Best PropTech ERP Solution' at The Economic Times Real Estate Awards 2025. This recognition highlights ADDA's commitment to transforming the real estate industry through advanced digital solutions.
SignatureGlobal India, a prominent midcap construction and real estate firm, has successfully navigated through a series of technical challenges, demonstrating market resilience and strategic adaptability.