Realty developer Puravankara s subsidiary, Purva Oak, acquired 12.75 acres in Thane s Patlipada for a premium residential project with an estimated potential of 18.20 lakh sq ft. The project, adding to Mumbai Metropolitan Region portfolio, has a potential gross development value of Rs 4,000 crores. Puravankara aims for strategic expansion and increased revenue contribution in the western region.
Puravankara: 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 crore over the project lifecycle.