Puravankara Projects Signs 2 acre JV Deals in Bhandup, Mumbai

Puravankara Projects Signs 2 acre JV Deals in Bhandup, Mumbai

Puravankara Makes Mumbai Comeback with Bhandup Residential Project. Bengaluru-based developer Puravankara Projects Ltd. is re-entering the Mumbai market with a new residential project in Bhandup. Puravankara Projects Signs 2 acre JV Deals in Bhandup, Mumbai with Maharashtra Steel Rolling Mills to develop a residential project in Bhandup, Mumbai.

Project Details:

• Location: Bhandup, Mumbai
• Area: 2 acres (through joint development agreement with Maharashtra Steel Rolling Mills)
• Project Type: Residential
• Estimated Sales Revenue: Rs 400 crore

Project Significance:

• This marks Puravankara’s return to the Mumbai real estate market.
• The project leverages the high potential of the Bhandup suburb.

Additional Information:

• The project is currently in the planning and conceptualization stage.
• Launch will happen upon obtaining necessary clearances.
• Puravankara has a strong presence in South Indian cities and is expanding its portfolio.

This news indicates Puravankara’s strategic move to tap into the growing Mumbai residential market. The Bhandup project adds to their existing development portfolio across various cities.

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in