Puravankara Expands Its Redevelopment Portfolio in Mumbai & Signs JDA for a Project in Bengaluru

Mumbai (Maharashtra) [India], September 13: Puravankara Limited (NSE: PURVA | BSE: 532891) has acquired the redevelopment rights of a prestigious society -- Miami Apartments at Breach Candy. Spread little over ~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.