Puravankara has entered into a sale deed for acquiring 3 acres 4 guntas of land parcel located at North Bangalore. This will be for developing a residential project.
Earlier, the company had acquired the redevelopment rights of a prestigious society -- Miami Apartments at Breach Candy. Spread little over around 2,000 sq m of land, this marks the developer’s entry into the uber-luxury South Mumbai market, where rates (as per market sources) are estimated in the range of Rs 1,25,000 and Rs 1,40,000 per sq. ft.
Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune.
