Piramal Realty is an Indian real estate company, founded in 2012 and headquartered in Mumbai, India.[ It is a part of the Piramal Group. The company focuses on the development of residential and commercial properties, with projects under development covering an estimated 15 million square feet. Among its notable projects include Piramal Aranya, Piramal Mahalaxmi, Piramal Revanta, Piramal Vaikunth and Piramal Agastya.][
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History
The company was founded in 2012 as a real estate arm of Piramal Group led by Ajay Piramal.
In July 2015, Piramal Realty raised $234 million from private equity firms Warburg Pincus and Goldman Sachs, making it one of the largest investment in India's real estate sector.[
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The company has acquired multiple land parcels for development in Mumbai. In April 2012, it acquired a sea-facing property from Hindustan Unilever Limited in Worli, Mumbai, for 452 crore.
