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Piramal Realty Launches Piramal Mahalaxmi, its Flagship Project in South Mumbai
 Launches Tower 1 (MahaRERA P51900015854) with 2 & 3-Bed Residences, starting at INR 3.4 Crores
 Located in Mahalaxmi, this development will be one of South Mumbai’s largest premium residential
projects
 Majority of residences offer Lifetime Views of the Mahalaxmi Racecourse, Arabian Sea and
expansive Mumbai Harbour
 To collaborate with internationally acclaimed partners for design & development
Mumbai, April 02, 2018: Piramal Realty (PRL), the real estate development
arm of Piramal Group, announced the launch of Piramal Mahalaxmi, its
flagship project in South Mumbai. The development takes on the name of
the locality, Mahalaxmi, which is one of Mumbai’s most desirable and
sought-after addresses. The quintessential offering of this project is the
coveted Views- Lifetime Views of the 225 acre Mahalaxmi Racecourse,
uninterrupted views of the Arabian Sea on the horizon, Willingdon Golf
Course and the expansive Mumbai Harbour – at a highly competitive price.
With over 2 million square feet of development, Piramal Mahalaxmi offers
customers a slate of 2 & 3-Bed residences, starting at INR 3.4 Crores. 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.”
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.
Piramal Mahalaxmi at a Glance
 2 million square feet
development
 2 & 3-Bed Residences
starting at INR 3.4 Crores
 63 storeys high
 Spectacular 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
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.
-EndAbout Piramal Group:
Piramal Group is a US$ 10 Bn global business conglomerate with interests in pharmaceuticals, financial services, information
management, glass packaging and real estate. Driven by its core values of Knowledge, Action, Care and Impact, the Group
steadfastly pursues inclusive growth, while adhering to ethical and value driven practices. Piramal Foundation, the Group’s
philanthropic arm, has initiatives in healthcare, water and education, across 21 states of India and has impacted over 88 million
lives till date, mostly in partnership with state governments. For more details, visit piramal.com
About Piramal Realty:
Piramal Realty, the real estate development arm of Piramal Group, has currently, over 15Mn sq.ft of land under development.
Goldman Sachs and Warburg Pincus, two international equity partners, have invested approx. US$434 million in the company, at
the entity-level, which is one of the largest private equity investments in Indian real estate.
The company aims to be the gold standard in design, quality, safety and customer centricity in both residential and commercial
real estate. Piramal Realty’s developments, while being cutting edge and contemporary, focus on embracing a more intuitive
definition of luxury, which celebrates nature, greenery, space, light, ventilation, art, culture and community living.
Piramal Realty’s Board of Directors include industry leaders like Ajay Piramal (Chairman of Piramal Group), Deepak Parekh
(Chairman of HDFC), Nitin Nohria (Dean of Harvard Business School), Robert Booth (former CEO of Emaar Properties PJSC, Dubai),
Subbu Narayanswamy (Director of McKinsey & Co. and head of the real estate/infrastructure practice in Asia) and Ankur Sahu,
(Managing Director & Co-Head of Private Equity – Asia Pacific, Goldman Sachs Inc.). The company collaborates with the world’s
leading architectural practices, and world-class contractors. For more details, visit www.piramalrealty.com