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New 3.48M sq ft project to launch within six months
The land parcel has a saleable area of 5.42 lakh sq ft.
Rastogi brings over 30 years of leadership experience.
The firm anticipates generating rental income of Rs 1.40 billion by 2025-26.
The newly acquired land has a development potential of 2 million square feet in phase 1.
Puravankara also expanded its footprint in the Lokhandwala area of Andheri, Mumbai.
The company's net consolidated total income stood at Rs 6.75 billion in Q1 FY25.
The land spread 7.26-acre in Hebbagodi, Bengaluru.
Many developers recorded record pre-sales during the 2023-24 fiscal year.
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