Puravankara Redefining Chembur: Transforming Communities, Building Futures

 Bengaluru-based Puravankara Limited has been selected as the preferred developer for the redevelopment of eight residential societies in Mumbai’s Chembur, with a gross development value (GDV) of ₹2,100 crore. Spread across four acres, the project offers a development potential of 1.2 million sq ft, further strengthening Puravankara’s presence in Mumbai’s redevelopment market. This follows the company’s recent acquisitions in Breach Candy, Pali Hill, and Lokhandwala, reflecting its growing footprint in the western region. Puravankara now has 11 projects across Mumbai and Pune, covering around 14 million sq ft. The western region is expected to contribute a GDV of ₹18,000 crore, including ₹7,700 crore from redevelopment. The company’s design-led approach, focus on quality, and community-driven development remain its key strengths. As Puravankara celebrates its Golden Jubilee, this expansion into Chembur reaffirms its position as a trusted partner in transforming urban spaces while delivering value to residents and stakeholders.