Puravankara Ventures into South Mumbai's Luxury Real Estate Market with Redevelopment Project
Puravankara secures redevelopment rights for Miami Apartments at Breach Candy, marking its entry into South Mumbai's luxury market
PuravankaraSouth MumbaiLuxury Real EstateRedevelopment ProjectMiami ApartmentsReal EstateSep 12, 2024
The project marks a significant milestone for Puravankara, as it enters the uber-luxury South Mumbai market, where rates are estimated to be in the range of ₹1,25,000 and ₹1,40,000 per sq ft. The company aims to deliver unparalleled luxury and reinforce its vision to create iconic living spaces in the most coveted locations.
Frequently Asked Questions
What is the location of the redevelopment project in South Mumbai?
The redevelopment project is located at Miami Apartments, Breach Candy, in South Mumbai.
What is the estimated rate per sq ft in the South Mumbai market?
The estimated rate per sq ft in the South Mumbai market is between ₹1,25,000 and ₹1,40,000.
How many housing societies has Puravankara entered into joint development agreements with in Andheri?
Puravankara has entered into joint development agreements with four housing societies in Andheri.
What is the saleable area of the land parcel in Electronics City, Bengaluru?
The saleable area of the land parcel in Electronics City, Bengaluru is 260,000 sq ft.
What is the current market rate per sq ft in the Electronics City locality?
The current market rate per sq ft in the Electronics City locality is between Rs. 12,000 and Rs. 14,000.
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