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PCPL delivers 1.4 million sq ft, eyes 2.1 million sq ft pipeline

2026-07-14

Pranav Constructions (PCPL) has delivered more than 1.4 million sq ft of redeveloped residential space across Mumbai as of March 2026, while outlining a future pipeline exceeding 2.1 million sq ft across key redevelopment markets.

Over the past decade, the Mumbai-based developer has completed 28 redevelopment projects, benefiting more than 2,450 families across the city's western suburbs, including Borivali, Kandivali, Malad and Goregaon. Since 2023, the company has expanded into neighbourhoods such as Santacruz, Bandra, Andheri and Vile Parle, while also entering heritage precincts including Mahim and Matunga.

PCPL currently has 20 redevelopment projects under construction, spanning locations from Borivali to Mahim. Key developments include Kaveri and Falcon Crest in Malad, Om Manikanta in Goregaon, Vaibhav Vista in Andheri, Pearl Palace, Samrat and 42 Aura in Santacruz, Gulnar in Bandra, and Vivante in Mahim.

Looking ahead, the company plans to undertake 18 redevelopment projects with a combined development potential of more than 2.1 million sq ft. The pipeline is spread across Mumbai's western suburbs and South Mumbai, with the developer also evaluating opportunities across the Mumbai Metropolitan Region.

Pranav Kiran Ashar, Chairman and Managing Director, PCPL, said the company remains focused on execution, quality and timely delivery while pursuing responsible growth through redevelopment. He added that future projects will continue to emphasise sustainable construction practices, green building principles and technology-led planning.

While residential redevelopment will remain its core business, PCPL plans to selectively expand into commercial and mixed-use redevelopment projects to support integrated urban development.

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