Book your advance copy of Track2Realty Best Practices Audit Report 2019 at marketing@track2media.com

Piramal Realty launches Piramal Mahalaxmi

Posted on by Track2Realty

News Point: One of South Mumbai’s largest premium residential projects, Mahalaxmi Racecourse, Arabian Sea and expansive Mumbai Harbour facing project will be sold with EOI ( Expression of Interest) format starting March 31, 2018.

Piramal Fund Management, Lodha Group, Private Equity in Indian real estate, PE Fund in real estate, India real estate news, Indian property news, NRI investment, Track2RealtyPiramal Realty has announced the launch of Piramal Mahalaxmi, its flagship project in South Mumbai. The development takes on the name of the locality, Mahalaxmi.

The quintessential offering of this project is views of the 225 acre Mahalaxmi Racecourse, uninterrupted views of the Arabian Sea on the horizon, Willingdon Golf Course and the expansive Mumbai Harbour.

With over 2 million square feet of development, Piramal Realty will invest INR 2600 crores in this marquee development.

Anand Piramal, Executive Director, Piramal Group and Founder, Piramal Realty, said, “Piramal Mahalaxmi is the perfect fusion of rich culture and a cosmopolitan heart. Through this development, we intend to continue setting new benchmarks in the real estate industry. Much akin to world class metropolitan cities, with the likes of New York’s Manhattan, London, or Hong Kong, Piramal Mahalaxmi offers units that are designed based on market demand. Offering Lifetime Views of the Racecourse and the Sea, this will be South Mumbai’s most prestigious residential project.” 

Piramal Mahalaxmi Highlights

2 million square feet development

63 storeys high

Views of Mahalaxmi Racecourse, Arabian Sea, Willingdon Golf Course and the expansive Mumbai Harbour

State-of-the-art amenities such as Swimming pools with infinite views, Podium garden, Gym, Variety of indoor- sport courts, Jogging and cycling track and many more

Well-developed social infrastructure in the vicinity

Accessibility from Arthur Road and E Moses Road 

Naaman Atallah, CEO, Piramal Realty, said, “We are delighted to launch our flagship development in the vibrant real estate landscape of Mahalaxmi. Piramal Mahalaxmi is built on our core foundations of quality and customer centricity. We aim to introduce innovative, world-class design & development at competitive prices.”

The newly launched 63 storeyed tower, with over 300 units, offers a range of world-class amenities, such as swimming pools with infinite views, podium garden, landscaped outdoor terraces, gym, sports hall and jogging & cycling tracks.

The luxury development offers customers a slate of 2 & 3-Bed residences, with spectacular views, in Tower-1.

Piramal Realty has partnered with internationally acclaimed organizations, for the design and development of Piramal Mahalaxmi.

Principal Architects: Callison RTKL, USA

Associate Architect: Hafeez Contractor, Mumbai, India

Interior Design: One of a Kind, Dubai, UAE

Vertical Transport Strategy – TAK Consulting, Mumbai, India

Lead Structural and MEP Consultants: WME, Dubai, UAE 

Piramal Mahalaxmi- A Design Conceptualized around ‘Framed Views’

‘Framed Views’ is an emerging theme throughout the development of Piramal Mahalaxmi. Inspired by the surroundings and regality of the coveted address, the floor-to-ceiling windows frame the picturesque views while filling the apartment with an abundance of sunlight.

Earlier this year, Piramal Realty had announced a Development Agreement with Omkar Realtors for developing this 2 million square feet marquee project in Mahalaxmi. As per the agreement, Piramal Realty will lead the design, development, construction, sales & marketing for Piramal Mahalaxmi.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also be interested in :