Tag: #Piramal Realty

High Court sets aside attachment of Piramal Realty’s properties worth Rs.410 crore.

February 27, 2023

The Delhi High Court has set aside a provisional attachment of Piramal Realty’s properties worth Rs.410 crore by the Enforcement Directorate. The high court ruled in an order issued a week ago that the ED’s provisional attachment of properties “cannot continue” because the realty company “was not arrayed as an accused and was merely a […]

High Court sets aside attachment of Piramal Realty’s properties worth Rs.410 crore.more
residential

Residential sector saw an upward trend; sales grew by 5% in December month.

February 13, 2020

The residential property market in the nation is starting to look up. India’s Top 35 real estate markets, including Tier I and Tier II, saw 3 per cent annual growth, as well as 5 per cent sequential growth in sales in the quarter ended December. Of these, 27 cities recorded an upward trend in sales […]

Residential sector saw an upward trend; sales grew by 5% in December month.more
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Piramal Realty to focus on the mid-market segment – plans to invest Rs. 3,500 crore in Mumbai.

January 23, 2020

Piramal Realty, the Piramal Group’s real estate development arm, plans to invest over Rs 3,500 crore in the Mumbai Metropolitan Region (MMR) residential project over the next 3 years with a strong focus on mid-market segment, said a top company official. Goldman Sachs and Warburg Pincus are investors of this enterprise which is entering the […]

Piramal Realty to focus on the mid-market segment – plans to invest Rs. 3,500 crore in Mumbai.more
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Piramal Group combines luxury and modern life with its newly launched “Back to Nature – Space to Grow” project.

June 6, 2019

By Abhay Harish Shah, Realty Quarter   The real estate development arm of Piramal Group (Piramal Realty) has successfully launched a unique concept at Piramal Mahalaxmi in South Mumbai called as ‘Back to Nature – Space to Grow’. This idea is central to the dedication of Piramal Realty to Biophilia, a design philosophy that seamlessly […]

Piramal Group combines luxury and modern life with its newly launched “Back to Nature – Space to Grow” project.more
Profit

Piramal Realty gained 4 times sales booking with Rs 3,400cr in FY’19.

May 18, 2019

By Abhay Harish Shah , Realty Quarter Piramal Realty, led by Anand Piramal Realty, saw the improvement of housing needs almost four times as high as Rs 3,400crore during 2018-19. In the past fiscal year, Piramal Realty sold nearly 1,000 apartments with more than half of total sales in South Mumbai. In 2017-18, the company […]

Piramal Realty gained 4 times sales booking with Rs 3,400cr in FY’19.more
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Piramal Realty is planning to Raise Funds and Double its portfolio.

May 16, 2019

By Abhay Harish Shah , Realty Quarter The Real Estate Development arm of Piramal Group (Piramal Realty), is aiming to take over its under-construction projects and double its portfolio. Piramal Realty is planning to construct nearly 30 million sq ft within the coming two years. Anand Piramal who is the executive director of the group […]

Piramal Realty is planning to Raise Funds and Double its portfolio.more