Puravankara Limited is a publicly listed real estate developer founded in 1975 by Ravi Puravankara. Over five decades the company has grown from a regional developer to a pan-India player, delivering 86 projects covering 50 million sq ft, with another 31 million sq ft under development across more than 23,000 homes. The company carries two residential brands: the flagship Puravankara brand serves the high-end segment, while Provident is aimed at the premium affordable market. In 2019 the company introduced the WorldHome Collection, targeting ultra-luxury residential projects in Bengaluru, Chennai, and Mumbai.
Chembur is now a deliberate strategic address for Puravankara — not incidental. The company was selected as the preferred developer for a redevelopment project in Chembur, and its redevelopment portfolio in Mumbai now stands at 4.25 million square feet with a potential GDV of ₹10,500 crore. Looking ahead, the company is set to further strengthen its Mumbai presence with upcoming launches in Thane, Malabar Hill, Breach Candy, Pali Hill, and Chembur, with approvals already received for Thane, Pali Hill, and Breach Candy. Chembur is therefore one of the specific micro-markets where Puravankara has committed capital, secured redevelopment rights, and launched a branded residential product.
Puravankara's Golden Jubilee commemorative stamp encapsulates its journey from inception in Mumbai in 1975 to its current status as a pan-India developer, with the stamp's design featuring the years 1975–2025 and showcasing iconic buildings from both Mumbai and Bengaluru. That origin in Mumbai gives the brand's Chembur commitment a full-circle quality: the city where Ravi Puravankara began is the city where the company is now aggressively expanding through redevelopment.
Purva Clermont is a residential property at Chembur, Mumbai, by Puravankara. It is a gated branded residential development featuring state-of-the-art Blunex home automation technology, offering 2, 3, and 4 BHK ultra-luxury residences. The project is located on China Bistro Lane, off Sion-Panvel Highway, Chembur, Mumbai 400088, and is registered under MahaRERA numbers P51800028571, P51800028427, P51800028428, P51800028494, and P51800028492.
Purva Clermont has five towers with a floor range of G+18 storeys. Homes span carpet areas from 533 to 1,354 sq ft across 2, 3, and 4 BHK configurations. A 2 BHK apartment starts at ₹2.34 crore and a 3 BHK is priced from ₹4.49 crore. Possession is scheduled for June 2027.
The project's interiors and club spaces have been shaped by Singapore-based designer Andy Fisher. The design reflects international sensibilities inspired by Kyoto, Monaco, and Seoul, and introduces advanced wellness and smart-home concepts. The project integrates modern technology with sustainable living, featuring smart home technologies powered by BluNex Life. Homes open on both sides, offering views of the Vashi creek and the Mumbai skyline.
The project's amenity list includes log benches, a wood play area, climbing log, camping area, hammock zone, barbeque deck, picnic area, tree climbing and zip-lining, a pet zone, security gate, jogging track, reflexology path, car wash, amphitheatre, lawn, plaza, sitting alcoves, children's play area, basketball hoop, gathering space, a skylight podium, senior citizen space, pool deck, kids' pool, swimming pool, a green zone, wellness zone, roastery, seating space, viewing deck, and a zen deck.
Full-time security personnel, an advanced CCTV surveillance system, and gated entry with controlled access protect the development, while each apartment is equipped with intercom systems and smart access technologies including RFID for vehicles and biometric door access, and the property is fitted with smoke detectors, fire alarm systems, and carbon monoxide detection.
Chembur sits at the confluence of three major arterial corridors — the Eastern Express Highway, the Eastern Freeway, and the Sion-Panvel Highway — giving residents unmatched access to South Mumbai, BKC, Navi Mumbai, and Thane. For a developer whose Mumbai redevelopment pipeline is anchored in connectivity-rich pockets (Lokhandwala, Pali Hill, Breach Candy, Malabar Hill), Chembur fits precisely that thesis.
Mumbai Metro Line 2B has catalyzed a significant transformation in Chembur's real estate landscape, with property prices surging approximately 8% over the past year. The 23.6-kilometer metro line, spanning 20 stations from DN Nagar to Mandale, has positioned Chembur as a critical node in Mumbai's expanding transit network, with trial runs already underway between Diamond Garden (Chembur) and Mandale stations. Industry experts anticipate additional growth of 15–20% following Phase 1 completion.
With the completion of the SCLR extension, the infrastructure now offers signal-free connectivity from Chembur directly to the Western Express Highway and the airport, effectively bridging the east-west divide. The Mumbai Monorail connects Chembur to Jacob's Circle near Lower Parel, giving residents access to one of Mumbai's largest commercial and retail hubs through an entirely dedicated transit corridor free from road traffic.
Purva Clermont's specific address — off Sion-Panvel Highway on China Bistro Lane — places it within direct reach of each of these corridors. Tata Hospital is approximately five minutes away, and Apollo Spectra Hospital is reachable in around fifteen minutes. The catchment also includes established schools and institutions like TISS (Tata Institute of Social Sciences).
Chembur has witnessed tremendous real estate growth over the last two decades; its transformation from an industrial zone to a well-connected, upmarket residential destination is reflected in its property price trends. Average property rates per square foot in Chembur currently stand around ₹32,650, with flat rates having changed by 9.9% in the last three years and 23.2% in the last five years.
Demand for larger formats is accelerating rapidly, with a 272% rise in 4 BHK absorption and a 230% rise in 3 BHK absorption recorded between 2020 and 2024. The premium housing segment in Chembur, Deonar, and Tilak Nagar is witnessing a demand-supply mismatch; luxury residences with curated amenities are becoming highly sought-after, and a shortage of premium inventory continues to drive interest from end-users and investors alike. This supply gap is precisely the gap that Purva Clermont is positioned to fill.
Chembur offers property rates that are 25–40% lower than comparable localities in the western suburbs like Bandra East, Khar, or Santacruz, while delivering equivalent or superior connectivity to BKC and South Mumbai. Rental yields in Chembur typically range between 3.5–4.5%, competitive with most premium Mumbai micro-markets and underpinned by a diversified tenant base.
Purva Clermont is not Puravankara's only Mumbai commitment — it is part of a structured city-wide strategy. The company recorded sales exceeding ₹800 crore at the launch of its first Mumbai redevelopment project, Purva Estrella at Lokhandwala Circle, Andheri West, with Phase 1 seeing 85% of its initial inventory absorbed. Separately, the company has acquired four marquee projects in Mumbai — including redevelopment projects in Lokhandwala, Pali Hill, Breach Candy, and Thane — with a combined Gross Development Value of over ₹9,500 crore.
The Chembur redevelopment project — where Puravankara was selected as the preferred developer for eight residential societies — boasts a development potential of over 1.2 million square feet and an estimated GDV of ₹2,100 crore. That pipeline, separate from Purva Clermont, indicates that Chembur will carry Puravankara's name well beyond the current project's possession date of June 2027.
In a sector historically challenged by fragmented delivery, Puravankara's legacy of trust, institutional processes, and consistent track record of timely execution are emerging as key differentiators, and the company's ability to deliver design-focused, sustainable housing solutions is positioning it as a preferred brand for both housing societies and discerning homebuyers.
