New Launch
Puravankara Breach Candy Redevelopment Receives RERA Approval; Ultra-Luxury 3 & 4 BHK Launch Announced for South Mumbai
Puravankara Limited announced in September 2024 that it had acquired redevelopment rights to Miami Apartments at Breach Candy in South Mumbai. The project is now RERA approved with possession scheduled for June 2032.
| Developer | Puravankara Limited (Bengaluru-headquartered, publicly listed) |
|---|---|
| Location | Breach Candy, South Mumbai, on the site of the former Miami Apartments society |
| Land Area | 2,000 square metres |
| Product Type & Configuration | 3, 4 & 5 BHK premium residences |
| Price Band | Estimated in the range of ₹1,25,000 to ₹1,40,000 per sq ft |
| RERA Registration | PR1170002002600857 |
| Possession Timeline | June 2032 |
| Status (as of September 2026) | RERA-registered, pre-launch phase |
| Redevelopment Context | Puravankara acquired the redevelopment rights of Miami Apartments at Breach Candy |
Project Overview & Developer Strategy
Puravankara Limited's entry into South Mumbai with the redevelopment of Miami Apartments at Breach Candy marks a significant milestone for the developer. The project brings a fifty-year-old, Bengaluru-headquartered, publicly listed developer into a micro-market long dominated by legacy South Mumbai names, and does so through the redevelopment route rather than a fresh land purchase, replacing an existing society with a new residential address on the same parcel.
The acquisition is part of a broader Mumbai strategy — the Breach Candy acquisition follows Puravankara's previous acquisitions of development rights for prestigious redevelopment projects in Mumbai's Pali Hill and Lokhandwala.
Product & Unit Configurations
The project sits on approximately 2,000 square metres of prime real estate and offers a select collection of 3, 4, and 5 BHK residences, with unit sizes starting from approximately 2,375 square feet. As a redevelopment project, the design brief works within a compact urban footprint to deliver a limited collection of 3, 4 and 5 BHK residences, with an approach that favours fewer, larger homes over volume, a format consistent with how redevelopment projects in old South Mumbai buildings are typically planned.
Pricing & Market Context
This South Mumbai housing society spans 2,000 square metres of land and represents entry into the uber-luxury South Mumbai market, where rates are estimated in the region of ₹1,25,000 to ₹1,40,000 per sq ft. The area boasts some of the highest real estate prices in the country, making it a prized destination for ultra-high-net-worth individuals (UHNWIs).
Amenities & Design
The project is designed to maximize space, light, and views. Planned amenities include over 30 lifestyle features catering to wellness, recreation and security. Residents will enjoy access to a range of modern amenities, including a clubhouse, swimming pool, rooftop garden, lounge room, pool deck, and multipurpose hall.
Location & Connectivity
Breach Candy is an up-market residential and semi-commercial locality of South Mumbai on Bhulabhai Desai Road, also known by the old name Warden Road. Breach Candy offers easy access via Peddar Road, Bhulabhai Desai Road and Nepean Sea Road, with Mumbai Central and Grant Road railway stations nearby. The area's proximity to Nariman Point, Lower Parel, and Bandra-Kurla Complex makes it strategically valuable for business leaders and entrepreneurs who require easy access to Mumbai's primary commercial hubs.
The project's strategic location places residents at the centre of Mumbai's cultural and commercial hub, with the Arabian Sea serving as a stunning backdrop.
RERA Status & Regulatory Standing
With possession scheduled for June 2032 and full RERA approval (PR1170002600857), the project has secured regulatory registration. Puravankara brings a strong South Indian luxury-housing pedigree and listed-company transparency including financial disclosures, RERA compliance discipline, and structured customer care.
Frequently asked questions
What is the total built-up area of the project?
The project sits on approximately 2,000 square metres of prime land.
What BHK configurations are offered?
The project offers 3, 4 & 5 BHK premium residences.
When is the expected possession date?
Possession is scheduled for June 2032.
What is the estimated price range?
Rates are estimated in the region of ₹1,25,000 to ₹1,40,000 per sq ft.
Is the project RERA approved?
Yes, the project has full RERA approval with registration number PR1170002600857.
Why is Breach Candy significant for Puravankara?
The entry into South Mumbai with the redevelopment of Miami Apartments at Breach Candy marks a significant milestone for Puravankara Limited.
What amenities are planned?
Amenities include a clubhouse, swimming pool, rooftop garden, lounge room, pool deck, and multipurpose hall.