Puravankara buys 12.75 acre land near Mumbai; to develop housing project with a revenue potential of ₹4000 crore Hindustan Times
Bengaluru-based real estate firm Puravankara Limited said on June 1 that it has acquired 12.75 acres of land in Patlipada on Ghodbunder Road, Thane, near Mumbai, and will be developing a residential project with an estimated revenue potential of ₹4,000 crore. The land has an estimated potential carpet area of 18.20 lakh sq ft and a potential Gross Development Value (GDV) of ₹4,000 crores over the project lifecycle, the company said in a regulatory filing.
