Mumbai Realty
Puravankara secures Goregaon West redevelopment rights for ₹2,600 crore project
Puravankara has secured redevelopment rights covering three residential societies in Bangur Nagar, Goregaon West. As of October 2026, the project is an upcoming development opportunity; the company has disclosed its scale and estimated gross development value, but not a home-sale launch or buyer-facing details.
| Developer | Puravankara Limited |
|---|---|
| Location | Bangur Nagar, Goregaon West, Mumbai |
| Status | Upcoming redevelopment opportunity as of October 2026 |
| Societies covered | Three residential societies |
| Land area | 4.68 acres |
| Development potential | Approximately 1.05 million sq ft |
| Estimated gross development value | ₹2,600 crore |
| Rights announcement | 17 September 2026 |
Redevelopment rights secured
Puravankara announced on 17 September 2026 that it had secured redevelopment rights for three residential societies in Bangur Nagar, Goregaon West. The site covers 4.68 acres, with approximately 1.05 million sq ft of development potential. The company estimated the project’s gross development value at ₹2,600 crore.
Puravankara described the addition as its eighth Mumbai redevelopment project. The company’s 13 October 2026 operational update reiterated the Goregaon figures as a business-development addition.
Upcoming, not a launched home-sale project
As of October 2026, the project is described as development potential and remains upcoming. Puravankara’s Q2 FY27 operational update did not identify it among the quarter’s launches. The disclosures do not set out residential sale configurations, unit sizes, a buyer price band, a booking timeline or a possession date.
The ₹2,600 crore figure is the developer’s estimated project gross development value, not a published sale price for homes.
Registration and project details
The available disclosures identify the redevelopment scope and development potential, but do not provide tower or floor counts, total homes, amenities or construction-stage details.
Locality context
The site is in Bangur Nagar, within Goregaon West in Mumbai. The project disclosures do not specify distances or travel times to transport links, roads, schools, hospitals or employment areas, so no project-specific connectivity or infrastructure claims are included here.
Frequently asked questions
Where is Puravankara’s Goregaon West project?
The redevelopment site is in Bangur Nagar, Goregaon West, Mumbai.
What has Puravankara secured?
The company announced redevelopment rights covering three residential societies.
How large is the project opportunity?
The site covers 4.68 acres and has approximately 1.05 million sq ft of development potential. Puravankara estimated gross development value at ₹2,600 crore.
Is the project launched for home sales?
As of October 2026, it is described as an upcoming development opportunity. The company’s Q2 FY27 operational update did not identify it among the quarter’s launches.
What are the apartment configurations and prices?
Puravankara’s disclosures do not set out sale configurations, unit sizes or a buyer-facing price band. The announced ₹2,600 crore is estimated project gross development value, not a home price.
Has a possession date or MahaRERA registration been announced?
The disclosures do not give a possession date.