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.
A man was killed and his wife and eight-year-old son injured in a road accident here while they were going to attend the last rites of her father, police said on Saturday.