Puravankara Ltd founder buys 12 commercial units in Mumbai’s Andheri area for ₹242 crore
Ravi Puravankara, founder and chairman of Puravankara Ltd, has purchased 12 commercial units in Business Park 2 in Andheri, documents showed
Ravi Puravankara, founder and chairman of Puravankara Ltd, has purchased 12 commercial units in a Business Park in Marol, Andheri, in Mumbai for ₹242 crore, documents accessed by CRE Matrix showed.
In 12 separate transactions, the founder of the real estate conglomerate purchased commercial units in Business Park 2, Church Road, Marol, Andheri. The first, second and third units spread across an area of 9998 sq ft were bought for ₹23.19 crore each. The fourth, fifth, and sixth units of 9109 sq ft, were bought for ₹21.13 crore, the documents showed.
The seventh, eighth and ninth commercial spaces, covering an area of 8939 sq ft, have been bought for ₹20.73 crore each. The 10th, 11th and 12th commercial units, covering an area of 6749 sq ft, have been bought for ₹15.65 crore each, the documents showed.
The buyer is RockFort Estate Developer Pvt Ltd, the documents showed. These documents were registered on March 19, 2025.
These transactions are done by the family office for the purpose of investments, company sources told HT.com
Queries have been emailed to the company. The copy will be updated once a response is received.
Bengaluru-based Puravankara Ltd is one of the leading real estate developers in the country.
