Purva Panorama Tower D Launch in Bengaluru
Purva Oak Launches Tower D Within Purva Panorama, Thane
Puravankara Limited's wholly owned subsidiary, Purva Oak Private Limited, announced the launch of Tower D in its existing project 'Purva Panorama' in Thane, Maharashtra on March 28, 2026, following receipt of a registration certificate from the Maharashtra Real Estate Regulatory Authority (Maha RERA).
Project Location and Details
The new residential tower is located at Sector No. 5, Kolshet, Thane, and is registered under the number PR1333032502912. The project is located on Ghodbunder Road, in Thane West, a developing residential hub, with strong social infrastructure including IT parks, schools, malls and hospitals within a 3–4 km radius.
Portfolio Context
Purva Oak's portfolio consists of the under-construction project 'Purva Panorama' of 3 million square feet, which was acquired by Purva Oak in Q1 FY2025 from Man Realty Limited. Towers 1 and 6 (saleable area 0.41 million square feet) were launched by the earlier developer and are approximately 50 percent sold, while Tower C of 0.52 million square feet launched in March 2025 is 17 percent completed and 28 percent sold. As of May 2026, a total of 36 residential transactions have been registered for Purva Panorama, amounting to ₹59 crore.
Market Context: Kolshet and Thane
The average flat rates in Kolshet, Thane is ₹19,050 per square foot. Thane has emerged as one of the fastest-growing residential destinations in the Mumbai Metropolitan Region, with the city witnessing remarkable infrastructure development, improved connectivity, and growing demand from homebuyers. The Thane real estate market has matured into a dependable residential zone, with demand coming largely from end users rather than short-term investors. Professionals working across Mumbai, Navi Mumbai, and Thane prefer the balance of connectivity and livability found here.
About Puravankara
Founded in 1975, Puravankara Limited is one of India's most admired and trusted developers, headquartered in Bengaluru. For five decades, the brand has been built on an unwavering commitment towards customer delight, responsibility, and trust. The company has a family of 55,000+ happy residents, with a mammoth scale of development evidenced by its track record of approximately 20 million square feet of projects: approximately 12.8 million square feet completed and approximately 7.2 million square feet of ongoing projects.
Puravankara presently has a strong presence across India, with projects in Bengaluru, Hyderabad, Chennai, Kochi, Coimbatore, Mangaluru, Kolkata, Mumbai, Pune, and Goa, and has also expanded its footprint overseas, with a presence in Gulf Cooperation Council countries and Sri Lanka.