Puravankara secures rights to redevelop housing society in South Mumbai’s Breach Candy
Realty developer Puravankara has secured the right to redevelop a housing society spread over half an acre in South Mumbai’s Breach Candy locality marking its foray into the country’s super-luxury property market.
Residential property rates in the vicinity currently are in the range of Rs 1.25 lakh to rs 1.40 lakh sq ft per sq ft.
«Our entry into South Mumbai with the redevelopment of Miami Apartments at Breach Candy marks a significant milestone for Puravankara…We are excited to bring our expertise to South Mumbai and redefine the standards of luxury living in this prestigious neighbourhood, while strengthening our presence in other markets,” said Ashish Puravankara, MD, Puravankara.
In addition to this, the company has also been selected as the preferred developer by a cluster of four housing societies in Lokhandwala locality of Mumbai’s Andheri suburb with land admeasuring around 1.30 acres.
In November 2003, the Bengaluru-based developer had acquired redevelopment rights for two societies spread over 3 acres. The latest addition to its portfolio will allow the company to undertake development with an overall land area of around 4.3 acres, the company said in a regulatory filing.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrow's Innovations
By — Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Generative AI for Dynamic
