Purva Blue Agate: Puravankara's Redevelopment Address on Malabar Hill
3 & 4 BHK · Price on Request
Purva Blue Agate marks Puravankara's entry into Malabar Hill, one of South Mumbai's oldest and most guarded addresses. The project is being delivered by Purva Blue Agate Pvt Ltd, a wholly owned subsidiary formed to execute the redevelopment of a prime 1.43-acre residential society, with a gross development value potential of approximately Rs 2,700 crore across 0.7 million sq ft.
The redevelopment is structured to give existing society members contemporary new homes on the same land they have long occupied, while releasing a substantial share of premium inventory for sale in the open market. For incoming residents, that translates into 3 BHK and 4 BHK homes set within walking distance of the Hanging Gardens, Kamala Nehru Park and the sea-facing promenades that give Malabar Hill its character.
As a redevelopment rather than a greenfield launch, the project inherits an established plot within a mature, low-density neighbourhood rather than an unproven micro-market. Puravankara's approach here follows the same design and delivery discipline the group has applied across its 50 years in residential construction, now directed at reworking a legacy Malabar Hill address for contemporary luxury living.
This is Puravankara's second major South Mumbai redevelopment, following the Miami Apartments project at Breach Candy, and comes as the developer's Mumbai redevelopment portfolio expands to 4.25 million sq ft with a combined GDV potential of Rs 10,500 crore. The Malabar Hill acquisition sits alongside an active pipeline of society redevelopments in Pali Hill and Lokhandwala, underlining a deliberate push into South and West Mumbai's most established neighbourhoods.
For buyers evaluating a long-term home in one of Mumbai's most restricted-supply addresses, Purva Blue Agate represents an early opportunity to secure a residence on Malabar Hill through an organised, listed developer.
| Configuration | Size | Starting Price |
|---|---|---|
| 3 BHK Ultra-premium 3 BHK residences planned as part of the Malabar Hill redevelopment | On request | |
| 4 BHK Ultra-premium 4 BHK residences planned as part of the Malabar Hill redevelopment | On request |
Detailed master plan and unit-wise floor plans available on request.
Malabar Hill, South Mumbai 400006 · Mumbai
Malabar Hill occupies the elevated western tip of South Mumbai, a peninsula bounded by the Arabian Sea and Back Bay that has drawn the city's most affluent residents since the nineteenth century. The locality is anchored by landmarks such as the Hanging Gardens, Kamala Nehru Park, Banganga Tank and Raj Bhavan, the official residence of the Governor of Maharashtra, and carries pin code 400006 within the Brihanmumbai Municipal Corporation's South Mumbai zone.
Purva Blue Agate occupies a 1.43-acre site within this address, placing residents within easy reach of Nepean Sea Road, Marine Drive and Pedder Road, and a short drive from the commercial cores of Nariman Point and Cuffe Parade. The immediate neighbourhood combines hilltop greenery and sea-facing views with the civic infrastructure, schools, hospitals and clubs that have long defined Malabar Hill as one of Mumbai's most exclusive residential enclaves.
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The coastal road corridor passes through the Malabar Hill stretch, easing north-south travel along South Mumbai and cutting commute times to Worli and the western suburbs.
The underground metro corridor connects South Mumbai's business districts to Bandra and the northern suburbs, improving transit access for residents working across the city.
India's longest sea bridge links South Mumbai to Navi Mumbai and the upcoming international airport, widening the commute and business catchment for South Mumbai addresses.
Ongoing modernisation of South Mumbai's original business district continues to draw corporate occupiers, sustaining daytime demand and commercial activity near Malabar Hill.
Suburban rail station improvements near South Mumbai are easing last-mile access to Malabar Hill, reinforcing the locality's already strong road connectivity.
Malabar Hill remains one of Mumbai's most restricted-supply neighbourhoods, and this 1.43-acre redevelopment offers a genuine opportunity to acquire a new residence within its boundaries, an address that rarely sees fresh inventory.
Puravankara Limited was founded in 1975 and has built a five-decade track record across residential and commercial real estate, bringing that institutional discipline to a legacy South Mumbai society redevelopment.
With a development potential of 0.7 million sq ft and an estimated GDV of Rs 2,700 crore, the project is sized to deliver a cohesive, well-planned residential enclave rather than a piecemeal reconstruction.
Purva Blue Agate follows Puravankara's Miami Apartments redevelopment at Breach Candy, giving the developer direct prior experience executing complex society redevelopments in the same part of the city.
Residents gain proximity to the Hanging Gardens, Kamala Nehru Park and other Malabar Hill green spaces, alongside established schools and hospitals already serving the locality.
Despite its hilltop setting, the address stays within a short drive of Nariman Point, Cuffe Parade and Lower Parel, keeping South Mumbai's commercial districts easily reachable.
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