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Puravankara eyes 40-50% of business from Mumbai, Pune
The Morning Standard
|October 01, 2023
BENGALURU-based property developer Puravankara, which has a significant presence across Southern India, is eyeing major expansion in Mumbai and Pune as it aims the two key western cities to generate 40-50% of its business in the next two years.
"Bengaluru will continue to be our fort and we will increase our presence here. We will also justify the other markets where we have a presence. However, our goal is that 40-50% of our business (value wise) should come from the West (Mumbai and Pune) in the next two years," Puravankara Group CEO Abhishek Kapoor told this newspaper in an interaction.
Currently, Puravankara has two ongoing projects in Mumbai and four in Pune. The realtor is soon expected to launch two more projects in Mumbai and one in Pune. Kapoor informed that by next quarter they will increase their land bank in the west.
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