PURAVANKARA PALI HILL REDEVELOPMENT — New Project Coming Up in Pali Hill, Bandra West, Mumbai
A 2.5-Acre Premium Redevelopment in Mumbai's Most Exclusive Address
Puravankara has been selected as the preferred developer for redeveloping a residential housing society in Pali Hill, Mumbai. The project spans a prime 2.5-acre plot, making it one of the largest developments in the local market.
Scale and Development Potential
The project has a cumulative estimated development potential of 4.10 lakh sq ft carpet area, with over ~2.15 lakh sq ft available for sale, and a potential Gross Development Value (GDV) of over Rs 2,000 crore. The development will offer 3 and 4 BHK apartments.
Pali Hill: Mumbai's Premier Residential Enclave
Pali Hill is a premium address in Bandra West, with property rates ranging from Rs 1 Lakh to Rs 1.20 lakh per sq ft. In 2023, 39 homes were sold in Pali Hill in the price bracket of INR 15 crore to INR 55 crore, with total agreement value of homes sold touching over INR 500 crore.
The strategic placement of this locality and its connectivity with neighboring localities like Bandra East, Santacruz East, Kherwadi, Bandra West, Union Park, Mhada, Santacruz West, Carter Road, Khar West, Turner Road makes it popular among property buyers. Khar road railway station, Bandra Terminus, Bandra railway station, etc, are crucial for Pali Hill connectivity.
Puravankara's Mumbai Presence and Execution Track Record
Founded in 1975, Puravankara Limited is one of India's most admired and trusted developers among the top real estate companies in India. As of late 2025, Puravankara has completed 93+ projects totalling ~56 million sq ft across nine cities: Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa.
Puravankara marked a defining entry into Mumbai's redevelopment segment, recording sales exceeding Rs. 800 crore at the launch of its first redevelopment project— Purva Estrella at Lokhandwala Circle, Andheri West, with Phase 1 witnessing exceptional traction and 85% of its initial inventory already absorbed.
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.
Building Standards and Design
Puravankara combines its 50 years legacy with innovative technology to build luxurious, state-of-the-art projects. Puravankara Limited is an ISO 9001-certified company by DNV since 1998, and is also CRISIL rated as an outstanding developer in India with a DA2+ rating.