Bangalore-based Puravankara, one of India's largest real estate developers, won the redevelopment rights for two Lokhandwala, Andheri west housing complexes. Puravankara's initial venture into western suburb redevelopment with this purchase is notable.

Actor Tamannaah Bhatia buys flat at Rs 80,778 per sqft, breaks record - This is more than two times the ongoing rate in the area