• Piramal Mahalaxmi | Luxurious Residences in South Mumbai CALL9958959555

    Piramal Mahalaxmi | Luxurious Residences in South Mumbai CALL9958959555 PRESS RELEASE
    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

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