Tag Archives: Anand Piramal

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.

Piramal Realty launches Piramal Aranya at Byculla

Posted on by Track2Realty

Spread over 7 acres in metropolitan Mumbai, Piramal Aranya will be approximately 70-storey high and the luxurious residences range from 1700 square feet to 2600 square feet (carpet area) are priced Rs. 8 crore upwards.

Piramal Realty, Piramal Aranya, Anand Piramal, Byculla property, South Mumbai property, Luxury residential property in Mumbai, India real estate news, Indian property news, Track2Realty, NRI investment Piramal Realty has launched its signature luxury project at Byculla called Piramal Aranya. Reaching about 70-storey high, the residential skyscraper will be amongst the tallest buildings in the city.

Piramal Aranya is spread across 7 acres and has breathtaking views of the 60 acres of lush botanical gardens on the west and the picturesque Mumbai skyline and Mumbai Harbour on the East.

Over the lifecycle of this project, Piramal Realty will invest INR 4300 crores for its signature project and employ over 2000 people directly & 10,000+ people indirectly.

Piramal Aranya is adjacent to Jijamata Udyan, better known as the Byculla zoo, which just celebrated its 150th anniversary and boasts of 1200 species of flora and dense foliage, which makes this a unique opportunity to experience the abundance of nature in South Mumbai.

This is a limited pre-launch opportunity, between March 5 to March 22, for select luxurious 3 and 4 bedroom residences – that range from 1700 square feet to 2600 square feet carpet area, priced between INR 8 crore to INR 12 crore, respectively.

For the first 25 units, there is a special offer which will assure a price benefit of INR 30 lacs on 3 BHK and INR 40 lacs on 4 BHK over the pre-launch price.

For this exclusive launch, the company has adopted a unique EOI (Expression of Interest) strategy that allows customers to understand the product proposition and register for the pre-launch offer with a token amount of INR 10 lacs only. 

Anand Piramal, Executive Director, Piramal Group said, “Piramal Aranya will be our company’s most significant residential development. We endeavour to build a world-class luxurious residential high-rise in the city. We have assembled one of the world’s best teams to deliver this project. The residential towers will be as good as any that you see in the finest cities of the world. We strive to delight our customers and be true to our core Piramal values and brand.”

Commenting on the location Anand added, “Byculla is blessed with tree-lined avenues and several heritage buildings such as Bhau Daji Musuem, Magen David Synagogue, Gloria Church amongst others. It was also home to the Mumbai’s most prestigious club – The Byculla Club. We hope that with several new developments in tandem with Piramal Aranya, Byculla will once again emerge as the cultural nerve centre of the city. It enjoys easy access to South Mumbai via JJ Flyover and the Eastern Freeway that has opened connectivity to northern Suburbs and Navi Mumbai. We foresee it becoming the new hub for Mumbai’s elite.”

Piramal Aranya’s design is contemporary yet classical. Sophisticated landscape, private residences, dual aspect homes with light, space and ventilation, community spaces and outdoor terraces are artfully enhanced by rich and luxurious materials. Elegant and environmentally sound, each material has been selected to captivate and soothe the senses of its residents. Piramal Aranya has international partners such as:

         Make Architects is an architectural practice based in the United Kingdom founded by Ken Shuttleworth and are Piramal Aranya’s principal architects. They are currently engaged in projects worldwide ranging from high rise offices to urban masterplans, Make Architects have also been ranked 46th in The Sunday Times 100 Best Small Companies to Work For & Practice of the Year – South East and London by the Architects Journal at the AJ100 Awards.

         Hirsch Bedner Associates leading the hospitality interior design industry since 1964, Hirsch Bedner Associates are the name behind The Ritz-Carlton at Dubai International Financial Centre, Waldorf Astoria, Shanghai and The Ritz-Carlton, Hong Kong.They have won numerous awards such as the Best Overall Resort Design for the Four Seasons, Seychelles which was one of the six awards won at the 2010 Hospitality Design Awards

         BuroHappold who are world leaders in sustainable design are Piramal Aranya’s Lead Structural & MEP Consultants. This London-based firm was founded by the well-known Edmund Happold who before founding BuroHappold worked on projects such as the Sydney Opera House and the Pompidou Centre, Paris.

         EDSA who are the lead landscape architects for Piramal Aranya and have worked in almost 100 countries across the globe creating sustainable places to live, work, learn and play. Some of the projects EDSA has worked are the Dubai Opera House, Atlantis, Paradise Island in the Bahamas their legacy has grown in stature to one of the world’s most renowned landscape architecture firms.