Puravankara Ltd Selected as Developer for Redevelopment of 8 Cooperative Housing Societies in Chembur, Mumbai with a Gross Development Value of Rs. 2,100 crore

Puravankara Limited has been selected as the developer for the redevelopment of eight residential societies in Chembur, Mumbai. The redevelopment project unlocks a total development potential of over 1.2 million square feet, spread over approximately 4 acres. The estimated gross development value (GDV) of the project is Rs. 2,100 crore. The societies that have awarded the order to Puravankara Ltd are Sahyagiri Co-operative Housing Society Limited, Rainbow Co-operative Housing Society Limited, Deonar Hill View Co-operative Housing Society Limited, Deonar Gulmohar Co-operative Housing Society Limited, Deonar Madhuban Co-operative Housing Society Limited, Sunbeam Co-operative Housing Society Limited, Deonar Avanti Co-operative Housing Society Limited, and Deonar Parijat Co-operative Housing Society Limited.