Mumbai Residential Launch
Puravankara Launches Tower D at Purva Panorama Thane; 12.75-Acre Patlipada Development Under Construction
Puravankara Limited's subsidiary Purva Oak Private Limited has announced the launch of Tower D in its Purva Panorama residential project in Thane, following Maharashtra RERA approval in March 2026. The 12.75-acre development in Patlipada on Ghodbunder Road includes 2 and 3 BHK apartments with possession targeted for March 2031, as the project progresses toward completion of its five-tower master plan.
| Developer | Puravankara Limited (via subsidiary Purva Oak Private Limited) |
|---|---|
| Location | Patlipada, Ghodbunder Road, Thane West, Maharashtra 400607 |
| Total Land Area | 12.75 acres |
| Total Development Potential | 18.20 lakh sq ft carpet area; ₹4,000 crore GDV over project lifecycle |
| Master Plan | 5 towers with 2, 3 & 4 BHK configurations; Tower 1 launched as Phase 1 |
| Current Status (as of Sept 2026) | Tower C launched Mar 2025; Tower D RERA-approved & launched Mar 28, 2026; further towers in pipeline |
| Price Band (Tower 1) | 2 BHK starts ₹1.69 Cr; 3 BHK starts ₹1.99 Cr (quoted approx. ₹24,000/sq ft) |
| Possession Timeline | Expected by 01 March 2031 (per RERA) |
| RERA Registration | P51700079811 (primary); Tower D: PR1333032502912 |
| Construction Progress | Approx. 40% complete as of June 2026 |
Project Overview & Status
Puravankara's wholly owned subsidiary Purva Oak Private has acquired 12.75 acres of land in Patlipada, Ghodbunder Road, Thane, with an estimated potential carpet area of 18.20 lakh sq ft and a potential gross development value of Rs 4,000 crore over the project lifecycle.
Purva Oak Private Limited has announced the launch of Tower D in its existing project 'Purva Panorama' in Thane, with the launch scheduled for March 28, 2026, following receipt of a registration certificate from the Maharashtra Real Estate Regulatory Authority. Purva Panorama Tower C officially launched on 27-Mar-2025 and is expected to complete by 31-Mar-2031.
The entire project is spread across 12.75 acres of land and consists of five towers, with the developer initially launching Tower 1. Construction was approximately 40% complete as of June 23, 2026.
Product & Configurations
The landmark premium apartment project has launched Tower 1 offering 2 BHK, 3 BHK and Jodi Options, with 2 BHK flats available in sizes 714–800 sq ft and 3 BHK flats in sizes 1011–1050 sq ft, at a quoting price of approximately ₹24,000 per sq ft including PSF and FRC.
The booking is open for 2 BHK 714 sq ft units priced at INR 1.69 CR all inclusive. 3 BHK units start at ₹1.99 Cr onwards. Puravankara offers special prices applicable for the first 100 bookings only.
The development features two levels of basement parking, 8 levels of podium parking, and 43 habitable floors of the podium. The project includes over 50 premium amenities located across the podium level, spread across 125,000 sq ft for recreational purpose.
Possession & RERA Status
The expected possession date is 01 March 2031 as per RERA, with the primary RERA number being P51700079811. Tower D is registered under MahaRERA number PR1333032502912. Project details are publicly available on the RERA website at maharerait.maharashtra.gov.in, ensuring transparency for potential buyers and stakeholders.
Location & Connectivity Context
Known for its strategic location along Ghodbunder Road, Patlipada offers excellent connectivity to Mumbai and other key areas in Thane, making it a sought-after destination for real estate. Situated along Ghodbunder Road, the locality benefits from excellent road infrastructure, linking it to the Eastern Express Highway and Western Express Highway, ensuring smooth connectivity to Thane, Mumbai, and the western suburbs; the presence of Thane Railway Station and the upcoming Metro Line 4 (Wadala-Kasarvadavali) further enhances accessibility.
Patlipada is an established, mid-to-premium residential pocket built almost entirely around the Hiranandani Estate township, with 9 residential projects in total; buyers here are typically working professionals commuting toward Powai, Vikhroli, and Thane's own IT corridors, along with families who value gated-community living, and it is a settled, self-contained neighbourhood rather than a new or speculative micro-market.
Healthcare facilities are readily available, with Horizon Prime Hospital, Criticare Lifeline Hospital, and Jinkushal Cardiac Care & Superspeciality Hospital providing quality medical services, and shopping enthusiasts can explore Cosmos Mall and R Mall Thane for their retail needs. As of January 2026, authorities set 15 January 2026 as an internal target date to ease Ghodbunder Road congestion, tying road decongestion directly to metro station readiness in the Patlipada stretch.
Market Context & Infrastructure Growth
Patlipada is experiencing significant real estate growth driven by improved connectivity, infrastructure development, and a growing demand for residential properties, with recent trends indicating steady appreciation in property values, particularly for apartments and gated communities.
On December 2, 2025, MMRDA awarded a large viaduct construction contract worth ₹1,415 crore for the section from Raila Devi to Shivaji Chowk under the separate Thane Internal Ring Metro project, which will eventually add a second metro option near Patlipada. Patlipada has transformed in recent years, with a mix of residential complexes, commercial establishments, and social infrastructure; the area is home to reputed schools, healthcare facilities, supermarkets, and shopping malls, with green spaces such as Ovalekar Wadi Butterfly Garden and Upvan Lake offering recreational options for residents.
Developer Background
Puravankara has a legacy of over 50 years and has delivered over 100 landmark projects in Bangalore, Mumbai, Pune, Chennai, and Kochi, with flagship developments including Purva Kensho Hills, Puravankara Bellandur, Purva Amaiti Phase 2, Puravankara Soukhyam, and Purva Trivante, showcasing the brand's commitment to modern design, superior construction, and customer satisfaction. The Purva Panorama project is designed by Hafeez Contractor.
Development phases
Frequently asked questions
What is the actual project name and developer?
The project is officially marketed as 'Purva Panorama' and developed by Puravankara Limited through its wholly owned subsidiary Purva Oak Private Limited. It is sometimes referred to as Puravankara Patlipada or Puravankara Ghodbunder Road Thane.
When is Tower D launching and what is its RERA status?
Tower D was launched on March 28, 2026, following MahaRERA approval on March 18, 2026. Its RERA registration number is PR1333032502912.
What is the expected possession timeline?
The expected possession date for all towers is March 1, 2031, as per RERA filings. As of June 2026, construction was approximately 40% complete.
What are the price ranges for different configurations?
2 BHK units start at ₹1.69 Crore (714 sq ft), and 3 BHK units start at ₹1.99 Crore onwards. The quoting price is approximately ₹24,000 per sq ft. Early-bird offers apply to the first 100 bookings.
How many towers and units are planned for the full project?
The master plan includes 5 towers across 12.75 acres with a total carpet area of 18.20 lakh sq ft. The project offers 2 BHK, 3 BHK, and 4 BHK configurations, with an estimated total GDV of ₹4,000 crore over its full lifecycle.
What are the key amenities and design features?
The project features over 50 premium amenities across 125,000 sq ft of podium-level recreational space, including a swimming pool, gymnasium, mini theatre, jogging track, pets corner, and 24x7 security. The design by Hafeez Contractor includes panoramic views of Sanjay Gandhi National Park, with landscaped gardens and preserved existing banyan trees.
What are the connectivity advantages of Patlipada?
Patlipada is strategically located on Ghodbunder Road with direct access to the Eastern Express Highway and Western Express Highway, Thane Railway Station, and the upcoming Metro Line 4. It is well-positioned for commuters to Powai, Bandra-Kurla Complex, and Navi Mumbai IT parks.