Puravankara Secures Major Redevelopment Project in Chembur, Mumbai
Puravankara, a leading real estate developer, has been selected to redevelop eight residential societies in Chembur, Mumbai, spanning four acres with a total development potential of over 1.2 million sq. ft. and an estimated GDV of Rs 2,100 crore.
Real EstateRedevelopmentPuravankaraChemburMumbaiReal Estate MumbaiJul 07, 2025
This latest win builds on Puravankara’s ongoing redevelopment projects in other prime Mumbai locations such as Breach Candy, Pali Hill, and Lokhandwala. These developments highlight the brand’s commitment to transforming urban spaces with a strong emphasis on design and quality.
Managing Director of Puravankara, Ashish Puravankara, commented, “Securing marquee redevelopment projects in highly sought-after Mumbai neighbourhoods such as Breach Candy, Pali Hill, Lokhandwala, and now Chembur is a strong validation of the trust, discerning societies and residents place in the Puravankara brand. We are committed to delivering exceptional living experiences that enhance the quality of life for our residents.”
Puravankara’s success in these redevelopment projects is a testament to its reputation and expertise in the real estate sector. The company’s focus on sustainable and innovative designs ensures that the new developments not only meet but exceed the expectations of the residents and the community.
Chembur, a well-connected and bustling area in Mumbai, is set to benefit greatly from this redevelopment project. The new residential complexes will feature modern amenities and facilities, catering to the evolving needs of urban dwellers. With Puravankara’s proven track record and commitment to quality, the project is expected to set new benchmarks in the real estate market.
In addition to enhancing the living standards of the residents, the project will also contribute to the overall development of Chembur, fostering a vibrant and thriving community. Puravankara’s involvement in such high-profile projects underscores its position as a leading player in the Indian real estate market, particularly in the redevelopment segment.
As the project progresses, Puravankara will continue to engage with the local community to ensure that the development meets the highest standards of quality and sustainability. The company’s dedication to creating spaces that blend seamlessly with the urban landscape while offering a premium living experience is a key factor in its continued success.
Frequently Asked Questions
What is the total area of the redevelopment project in Chembur?
The redevelopment project in Chembur spans approximately four acres.
What is the estimated gross development value (GDV) of the project?
The estimated gross development value (GDV) of the project is Rs 2,100 crore.
Which other areas in Mumbai has Puravankara redeveloped?
Puravankara has redeveloped projects in Breach Candy, Pali Hill, and Lokhandwala in Mumbai.
What is Puravankara's focus in its redevelopment projects?
Puravankara focuses on sustainable and innovative designs, ensuring that the new developments meet and exceed the expectations of residents and the community.
How will the Chembur redevelopment project benefit the local community?
The Chembur redevelopment project will enhance the living standards of residents, contribute to the overall development of Chembur, and foster a vibrant and thriving community.
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