The location offers a saleable area of around 0.83 million sq. ft., and sits close to some of the city’s largest IT hubs and social infrastructure.
In the past year, Puravankara has entered similar agreements in Breach Candy, Pali Hill, and Lokhandwala all high-value residential pockets within Mumbai.
On approval, the firm will allot up to 3,000 NCDs of face value ₹10 lakh each.
In the first half of FY25, client collections increased by 27% to ₹1,998 Crore from ₹1,575 Crore in the previous year.
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