Puravankara Limited subsidiary acquires 12.75-acre land parcel in Thane, with potential GDV of Rs 4,000 crores
Jun 03, 2024
Mumbai (Maharashtra) [India], June 3: Puravankara Limited (BSE: 532891), one of India's most trusted and admired real estate developers, has announced the acquisition of 12.75 acres of land in Patlipada on Ghodbunder Road, Thane, by its wholly-owned subsidiary company, Purva Oak Private Limited. The land has an estimated potential carpet area of 18.20 lakh sq ft and a potential Gross Development Value (GDV) of Rs 4,000 crores over the project lifecycle.