Ravi Puravankara, the founder of Puravankara Ltd, has acquired 12 commercial properties in Mumbai for a total of Rs 242 crore in his capacity.
The properties, which range from 6,750 sq ft to nearly 10,000 sq ft in carpet area, are located in the Andheri area of Mumbai. The seller of these properties is RockFort Estate Developer Pvt Ltd.
Puravankara Ltd, the Bengaluru-based real estate development firm, is one of the leading developers in the Indian real estate market, known for its focus on residential, commercial, and mixed-use developments.