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Puravankara secures Rs 2,600 crore redevelopment project in Mumbai

18 Sep 2026 Evaluate

Puravankara has secured redevelopment rights for three residential societies in Bangur Nagar, Goregaon West, Mumbai. Spread across 4.68 acres, the project offers a total developable potential of around 1.05 million sq. ft. and an estimated Gross Development Value (GDV) of Rs 2,600 crore. The addition marks Puravankara’s eighth redevelopment project in Mumbai and further strengthens its presence in the city’s redevelopment market.

Located in the western suburbs, Goregaon West is a well-established residential market with strong connectivity to key business districts and social infrastructure. The project further expands Puravankara’s footprint in one of Mumbai’s important residential corridors.

Puravankara is a leading real estate company in India, with a presence in Bengaluru, Kochi, Chennai, Coimbatore, Mangaluru, Hyderabad, Mysore, Mumbai and Pune. Puravankara is a part of Puravankara Group.


Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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