PURAVANKARA BORIVALI — New Project Coming Up in Borivali East, Mumbai
Puravankara Enters Borivali East with 18-Acre Development
Puravankara Limited, founded in 1975 and headquartered in Bengaluru, has announced a new residential project in Borivali East, Mumbai, spanning 18 acres. The developer has delivered over 100 landmark projects across Bangalore, Mumbai, Pune, Chennai, Kochi, and Coimbatore, bringing its proven track record to this northern Mumbai location.
Location and Connectivity
Borivali East is a prominent residential and commercial locality in the northern part of Mumbai, well-known for its strategic location and excellent connectivity, notably close to the expansive Sanjay Gandhi National Park. The area is a major railway hub with Borivali railway station on the Western Line and benefits from metro connectivity via the Magathane Metro Station and Borivali East Metro Station.
Eastern Expressway Highway, Link Road, and SV Road connect Borivali from other areas of Mumbai, ensuring seamless access to the city's commercial and residential zones.
Borivali East: An Emerging Market
The locality sees approximately 10 new launch projects, indicating ongoing development and potential for improved infrastructure. 2 BHK flats in Borivali East typically range from ₹60 lakhs to ₹1.2 crore depending on the locality, builder, and amenities.
Borivali East has excellent social infrastructure, ranging from schools and colleges to reputed healthcare clinics and hospitals, with essential services like banks and ATMs, grocery stores, restaurants, and shopping malls located nearby.
Puravankara's Track Record in Mumbai
In November 2023, Puravankara secured residential redevelopment rights for two housing societies in the western suburbs of Mumbai, with a cumulative estimated development potential of 5.8 lakh square feet of carpet area and a potential Gross Development Value of Rs 1,500 crore. The company was later selected as the preferred developer for the redevelopment of eight residential societies in Chembur, unlocking a total development potential of over 1.2 million square feet spread over approximately 4 acres, with an estimated GDV of ₹2,100 crore.
Puravankara is known for its modern designs, superior construction quality, and customer-first approach, with strong focus on timely delivery and transparency. Their projects are strategically located in prime areas with excellent connectivity, social infrastructure, and high investment potential.