Piramal Realty launches Piramal Mahalaxmi in South Mumbai

Piramal Realty, the real estate development arm of Piramal Group, announced the launch of Piramal Mahalaxmi, its flagship project in South Mumbai worth With over 2 million square feet of development, this project is set to be one of the largest premium residential developments in South Mumbai. Piramal Realty will invest INR 2600 crores in this marquee development.The newly launched 63 storeyed tower will offer over 300 units of 2 & 3-Bed residences. Anand Piramal, Executive Director, Piramal Group and Founder, Piramal Realty, said, “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.” The developer has partnered with USA’s Callison RTKL as theprincipal architectsfor the design and development of this project while the associate architect is Mumbai’s Architect Hafeez Contractor.