Puravankara Set to Redefine Luxury Living in South Mumbai with Miami Apartments Redevelopment

Puravankara Ltd has acquired the redevelopment rights for Miami Apartments in Breach Candy, South Mumbai, marking its entry into the high-end market.

Puravankara LtdLuxury Real EstateSouth MumbaiRedevelopmentMumbai Real EstateReal Estate MumbaiSep 12, 2024

Puravankara Set to Redefine Luxury Living in South Mumbai with Miami Apartments Redevelopment
Real Estate Mumbai:Puravankara Ltd has announced its foray into the high-end South Mumbai real estate market with the acquisition of redevelopment rights for Miami Apartments, a prestigious society located in Breach Candy. The site, spanning over 2,000 square meters, is a significant milestone for the company.

Property rates in the area are estimated at ₹1,25,000-1,40,000 per square foot, as per market sources. This project is expected to showcase the company's commitment to delivering unparalleled luxury and reinforce its vision to create iconic living spaces in the most coveted locations.

Ashish Puravankara, MD, Puravankara, said, \

Frequently Asked Questions

What is the location of the Miami Apartments redevelopment project?

The project is located in Breach Candy, South Mumbai.

What is the estimated property rate in the area?

The estimated property rate in the area is ₹1,25,000-1,40,000 per square foot.

What is the size of the land parcel acquired by Puravankara Ltd?

The land parcel spans over 2,000 square meters.

What is the expected saleable area of the project in Electronics City, Bengaluru?

The expected saleable area of the project is 260,000 square feet.

Who is the Managing Director of Puravankara Ltd?

Ashish Puravankara is the Managing Director of Puravankara Ltd.

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