Puravankara Limited has been unanimously chosen as the preferred developer for the redevelopment of a residential housing society in Pali Hill, Mumbai. Pali Hill, located in Bandra West, is a prestigious address with property rates ranging from Rs 1 Lakh to Rs 1.20 lakh per sq ft.
The project has an estimated development potential of 4.10 lakh sq ft carpet area, with over ~2.15 lakh sq ft available for sale, and a potential Gross Development Value (GDV) exceeding Rs 2,000 crore. Situated strategically, the residential society spans slightly over two and a half acres, making it one of the largest in the micro-market.