Ravi Puravankara, founder of real estate firm Puravankara Ltd, has bought 12 commercial properties in Mumbai for Rs 242 crore in his capacity, according to CRE Matrix. The report added that the family office does these transactions for investments.
The seller of these 12 commercial units is RockFort Estate Developer Pvt Ltd, while the buyer is Ravi Puravankara. These 12 properties, ranging from 6,750 sq ft carpet area to nearly 10,000 sq ft, are located in Andheri, Mumbai.
As per the registration documents of these 12 commercial units, these properties were registered this month. Bengaluru-based Puravankara Ltd is one of the leading real estate developers in the country.
