Monday, November 19, 2018

Piramal Realty Launches ‘Central Tower’ at Piramal Mahalaxmi, an INR 2600 crore project
Thursday, July 12, 2018 - 2:02:17 AM - By News Bureau
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Naaman Atallah, CEO, Piramal Realty
MUMBAI : Piramal Realty announces the exclusive launch of the second tower at Piramal Mahalaxmi, its flagship project in South Mumbai. The newly launched Central Tower offers luxurious 3 and 4-Bed Private residences starting at 1441 sq. ft. carpet area and INR 6.64 crores. This announcement comes soon after the grand launch of Piramal Mahalaxmi, where the first Tower witnessed bookings worth INR 1500 crores during its launch.

Naaman Atallah, CEO, Piramal Realty, said, “Our vision for Piramal Mahalaxmi is to create a world-class development that caters to a spectrum of customers and their specific needs, while remaining true to its style, sophistication and offerings. The residences in the Central Tower will offer utmost privacy with stunning panoramas from every angle. Excellent connectivity, lifetime views, competitively priced residences with a premium address in a city such as Mumbai will continue to remain the unique selling point of Piramal Mahalaxmi. Together, the two towers will represent a new era of contemporary living.”

Towering up to 70 storeys, the sleek Central Tower offers dedicated swimming pool, exclusive fitness centre, resident lounge and a library to its residents. These are in addition to the overall amenities offered by Piramal Mahalaxmi such as infinity-edged Swimming Pool, Spa, Fitness Centre, Observatory Deck, Podium Garden, Landscaped Outdoor Terraces, Sports Hall, Squash & Badminton Courts, Jogging Tracks and Children’s Play Area.

With over 2 million square feet of development, Piramal Mahalaxmi is designed based on market demand and is set to be one of the largest premium residential developments in South Mumbai. Piramal Mahalaxmi is a joint development project between Piramal Realty and Omkar Realtors.

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
Naaman Atallah
CEO
Piramal Realty
Launches
Central Tower
Piramal Mahalaxmi
INR 2600 crore project