Bengaluru-based real estate developer Puravankara Ltd has been chosen to lead the redevelopment of Mumbai’s exclusive Pali Hill residential complex. This upscale neighborhood in Bandra West boasts property values ranging from ₹1 lakh to ₹1.20 lakh per square foot. The project encompasses a sprawling 4.10 lakh square feet of carpet area, with over 2.15 lakh square feet available for sale, and a potential Gross Development Value (GDV) exceeding ₹2,000 crore. Puravankara’s appointment adds to its growing portfolio of redevelopment projects in Mumbai, including the acquisition of redevelopment rights for two housing societies in Lokhandwala in November 2023.