Puravankara's First Mumbai Redevelopment at Lokhandwala Circle, Andheri West
2, 3 & 4 BHK · Starting ₹3 Cr onwards
Puravankara Andheri West Redevelopment is the project through which Puravankara enters Mumbai's redevelopment segment for the first time. Puravankara has acquired the redevelopment rights for two housing societies in Lokhandwala, Andheri West. The development occupies a three-acre address at Lokhandwala Circle, with a cumulative estimated development potential of 5.8 lakh square feet of carpet area, of which approximately 3.65 lakh square feet is available for sale, and a potential Gross Development Value of Rs. 1,500 crore over the project's lifecycle.
For residents, the promise is a settled, well-serviced address rather than a still-developing periphery. The launch offers premium 2, 3, and 4 BHK residences, priced between roughly Rs. 3 crore and Rs. 7 crore. Early demand has already validated the positioning: the launch of this first redevelopment project recorded sales exceeding Rs. 800 crore, with 85% of the initial inventory already absorbed in Phase 1.
The design intent for a redevelopment on a compact urban parcel is to trade density for openness. The project is planned across three acres of L-shaped land with 50% open areas, offering residents a measure of breathing room within the heart of the city. That ratio of open ground to built form is a deliberate response to the density typical of older Andheri West housing stock being replaced.
The timing reflects both a market moment and a company moment. Mumbai's land-scarce western suburbs have made society redevelopment the primary route to new premium supply in already-established neighbourhoods, and Puravankara brings to this its roots as a company established in 1975 by Ravi Puravankara and headquartered in Bengaluru, with projects across Bengaluru, Chennai, Kochi, Coimbatore, Pune, Mumbai, Dubai and Colombo. That institutional weight is what two ageing Lokhandwala societies chose to partner with for their own renewal.
For homebuyers evaluating Andheri West, Puravankara Andheri West Redevelopment offers a chance to occupy a long-established, well-connected micro-market in a newly built residence, backed by a developer with a five-decade operating history.
Starting from Rs. 3 Cr onwards
| Configuration | Size | Starting Price |
|---|---|---|
| 2 BHK Efficiently planned two-bedroom residences suited to professionals and smaller families | Rs. 3 Cr onwards | |
| 3 BHK Spacious three-bedroom homes designed for growing families in Lokhandwala | ||
| 4 BHK Larger four-bedroom residences at the upper end of the launch offering | Rs. 7 Cr |
Detailed master plan and unit-wise floor plans available on request.
Lokhandwala Circle, Andheri West, Mumbai · Lokhandwala · Mumbai
Lokhandwala sits within Andheri West, one of Mumbai's more established western suburb addresses, long known as an upmarket residential and commercial neighbourhood favoured by film and television personalities. Lokhandwala Complex is a large upmarket and affluent residential and commercial neighbourhood in the Andheri West suburb of Mumbai. The locality also holds an unusual transit distinction: it is the starting point of Line 6 of the city's metro system. This combination of settled residential character and active infrastructure expansion is part of what continues to draw redevelopment interest to the address.
The specific value of Lokhandwala Circle lies in what surrounds it. The area is surrounded by major landmarks such as Infinity Mall, Lilavati Hospital, and the Western Express Highway. Metro access is close at hand, with Versova Metro Station on the Blue Line, about 2 km away, connecting the locality to Ghatkopar. For a redevelopment project, this mix of an established residential fabric, retail, healthcare, and transit within a short radius is difficult to replicate on a fresh greenfield site.
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Lokhandwala Complex forms the starting point of Mumbai Metro Line 6, giving the immediate neighbourhood an early foothold in the city's expanding rapid-transit network.
Roughly 2 km away, Versova Metro Station links Lokhandwala to Ghatkopar and the wider eastern suburbs, easing daily commutes for residents and reducing dependence on road transport.
Seamless access to the Western Express Highway connects Lokhandwala to business hubs including Bandra Kurla Complex and Goregaon, shortening commute times for working professionals.
Land scarcity across the city's western suburbs has made society redevelopment the primary mechanism for new premium housing supply, steadily upgrading ageing residential stock into modern developments.
Beyond Lokhandwala, Puravankara has lined up further redevelopment launches across Thane, Malabar Hill, Breach Candy, Pali Hill and Chembur, signalling sustained investment in the city's premium micro-markets.
This is the project through which Puravankara enters Mumbai's redevelopment segment, bringing institutional processes and a five-decade operating history to a category historically run by smaller, fragmented players.
The development sits on an L-shaped three-acre parcel with 50% open areas, an unusually generous open-space ratio for a redevelopment project in a land-scarce Mumbai suburb.
The project's launch phase crossed Rs. 800 crore in sales with 85% of initial inventory absorbed, indicating strong buyer confidence at the outset rather than after years in the market.
With an estimated 5.8 lakh square feet of carpet area and a projected Gross Development Value of about Rs. 1,500 crore, the project represents a substantial addition to Lokhandwala's housing stock.
Homes span 2, 3 and 4 BHK layouts priced from roughly Rs. 3 crore to Rs. 7 crore, allowing both smaller households and larger families to consider the same address.
Puravankara was established in 1975 and has since built projects across Bengaluru, Chennai, Kochi, Coimbatore, Pune, Mumbai, Dubai and Colombo, giving buyers a developer with operating history beyond a single city.
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