BENGALURU, Feb. 25 -- Real estate company Puravankara Ltd plans to launch three luxury residential projects in Mumbai's upmarket neighbourhoods of Pali Hill, Malabar Hill and Breach Candy, with homes priced at Rs.1 lakh per square foot and above, a top company executive said.

All three are society redevelopment projects and are part of a Rs.15,200 crore launch pipeline spanning 15.46 million sq ft that the company plans to roll out across cities such as Bengaluru, Kochi and Mumbai over the next 10-12 months.

The Bengaluru-based company sells luxury homes under the Purva brand, premium projects under the Provident banner and plotted developments under Purva Land. Besides its home market, Puravankara has projects in Hyderabad, Chennai and...