Puravankara Limited Strengthens Presence in Mumbai with Massive 12.75-Acre Land Acquisition in Thane

Real estate giant Puravankara Limited expands its portfolio with a significant land acquisition in Thane, marking a major milestone in its growth strategy.

Real EstateMumbaiThaneLand AcquisitionPuravankara LimitedReal Estate MumbaiJun 03, 2024

Puravankara Limited Strengthens Presence in Mumbai with Massive 12.75-Acre Land Acquisition in Thane
Real Estate Mumbai:In a strategic move to strengthen its presence in the Mumbai metropolitan region, Puravankara Limited, one of India's most trusted and admired real estate developers, has announced the acquisition of a massive 12.75-acre land parcel in Thane.

The latest addition to Puravankara's portfolio is expected to contribute significantly to the company's growth trajectory, further solidifying its position as a leading player in the Indian real estate market. With this acquisition, Puravankara Limited aims to develop a world-class residential project that will cater to the growing demand for quality housing in the Thane region.

Thane, being a rapidly growing suburb of Mumbai, has witnessed significant infrastructure development in recent years, making it an attractive destination for homebuyers. The area's proximity to Mumbai, coupled with its relatively affordable prices and modern amenities, has led to a surge in demand for housing.

Puravankara Limited's acquisition is a testament to the company's commitment to providing high-quality housing solutions to its customers. With a strong track record of delivering projects on time and exceeding customer expectations, Puravankara Limited is poised to create a landmark residential project in Thane that will set a new benchmark for the industry.

Puravankara Limited is a renowned real estate developer with a rich legacy of over four decades. The company has established itself as a trusted brand in the Indian real estate market, known for its commitment to quality, innovation, and customer satisfaction. With a diverse portfolio of projects across India, Puravankara Limited has consistently delivered high-quality residential and commercial spaces that embody the values of excellence and sustainability.

Puravankara Limited is a publicly traded company listed on the Bombay Stock Exchange (BSE 532891). With a presence in major cities across India, the company has earned a reputation for its customer-centric approach, innovative designs, and unwavering commitment to delivering high-quality projects on time.

Frequently Asked Questions

What is the size of the land parcel acquired by Puravankara Limited in Thane?

The size of the land parcel acquired by Puravankara Limited in Thane is 12.75 acres.

Why did Puravankara Limited choose Thane for its latest land acquisition?

Thane was chosen for its proximity to Mumbai, relatively affordable prices, and modern amenities, making it an attractive destination for homebuyers.

What kind of project is Puravankara Limited planning to develop on the acquired land?

Puravankara Limited is planning to develop a world-class residential project on the acquired land in Thane.

What is Puravankara Limited's track record like in terms of project delivery?

Puravankara Limited has a strong track record of delivering projects on time and exceeding customer expectations.

What is Puravankara Limited's commitment to its customers?

Puravankara Limited is committed to providing high-quality housing solutions to its customers, with a focus on innovation, quality, and customer satisfaction.

Related News Articles

Mumbai's Malad Area Sees Major Real Estate Deal: IT Park Sold for ₹335 Crore
Real Estate

Mumbai's Malad Area Sees Major Real Estate Deal: IT Park Sold for ₹335 Crore

Property Ventures (India) Pvt Ltd sells IT Park to Clear Bridge Ventures LLP for ₹335 crore in Mumbai's Malad area.

August 30, 2024
Read Article
Leo Daily Horoscope for September 10, 2024: Invest in Real Estate for Big Profits
Real Estate

Leo Daily Horoscope for September 10, 2024: Invest in Real Estate for Big Profits

Finance and Property: Ganesha says real estate is likely to yield big profits, so go ahead and invest. Contact a reputed real estate developer to get some good deals.

September 9, 2024
Read Article
Indian Companies Selling Non-Core Real Estate Assets
real estate news

Indian Companies Selling Non-Core Real Estate Assets

The trend of Indian corporates divesting their non-core real estate assets has gained significant momentum, attracting institutional investors and developers to the market.

December 3, 2024
Read Article
Impact of Los Angeles Wildfires on California’s Home Insurance Market
real estate news

Impact of Los Angeles Wildfires on California’s Home Insurance Market

The recent wildfires in the Los Angeles area, particularly in Pacific Palisades, have caused significant property damage and are expected to intensify the challenges in the state's home insurance market. High real estate prices and limited coverage option

January 11, 2025
Read Article
Panvel: The Promising Real Estate Investment Destination of 2025
Real Estate Mumbai

Panvel: The Promising Real Estate Investment Destination of 2025

Once a quiet hamlet, Panvel has emerged as a prime real estate investment destination, thanks to its strategic location and rapid infrastructure growth.

February 12, 2025
Read Article
Nationwide Bank Strike: Employee Demands and Industry Impact
Real Estate Maharashtra

Nationwide Bank Strike: Employee Demands and Industry Impact

A nationwide bank strike is set to commence as key employee demands remain unmet, potentially disrupting financial services across the country. The United Forum of Bank Unions (UFBU) has confirmed the strike, citing unresolved issues with pay, working con

March 15, 2025
Read Article