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In November 2023, Puravankara secured rights to undertake the redevelopment of two housing societies spanning 3 acres in the Lokhandwala area of Andheri West.
Puravankara said the land in Thane, near Mumbai, has an estimated potential carpet area of 18.20 lakh sq ft
Chembur has transformed due to infrastructure developments, boosting connectivity, and driving real estate demand.
Mumbai's real estate landscape has evolved significantly, driven by factors like population growth, infrastructure expansion, and governmental policies. The Cushman & Wakefield's report on Chembur, mentions this micro market having emerged as one of the most sought-after residential hubs in eastern Mumbai. Chembur's residential real estate market has evolved from a mid-end to a premium category. In 2023, Chembur witnessed 10% of the total supply among the eastern suburb markets and 27% supply among the adjoining markets (i.e., Chembur, Ghatkopar, Kurla, Vidyavihar, Deonar, Tila...
A video of the crash has surfaced on the internet showing four cars dashed into each other bumper-to-bumper on the right side of the south-bound lane of the Eastern Freeway.