π Tender Overview
Scope : To Build a High-End, Mixed-Use Residential Project in Patlipada on Ghodbunder Road, Thane in Maharashtra
Puravankara has announced the acquisition of 12.75 acres of land in Patlipada on Ghodbunder Road, Thane, by its wholly-owned subsidiary company, Purva Oak. The land has an estimated potential carpet area of 18.20 lakh sq. ft. It will build a high-end, mixed-use residential project with a projected gross development value (GDV) of Rs 4,000 crore.
Apart from the fact that Ghodbunder Road is a micro-market for value-led proposition, connectivity benefits, and robust social infrastructure, the upcoming Metro line 4 will further improve the area's connectivity. With views of a 30-acre botanical garden and the SGNP, residents will get ample lung space.