Piramal Realty to pump Rs 35 bn into ongoing MMR projects

26 Dec 2022 CW Team

Piramal Realty will invest Rs 35 billion over the next two years in four ongoing housing projects as it aims to deliver a six million square feet of area to customers, its chief executive officer Gaurav Sawhney said.

Founded in 2012, Piramal Realty is the real estate arm of the Piramal Group. It is one of the leading developers in the Mumbai Metropolitan Region (MMR), with 15 million sq ft of residential and commercial projects under development.

In an interview, Sawhney said the company is developing 13 million sq ft in phases across four residential projects in Mulund, Thane, Mahalaxmi and Byculla in the MMR.

The company is developing around 12,000 apartments across these four projects.

"We have launched around 8-8.5 million sq ft so far in these four projects and the remaining 4-5 million sq ft will be launched over the next two years," he said.

Sawhney said the company is focusing on delivery and has started handing over the first set of 1,000 apartments to its customers totalling about 1 million sq ft.

Sawhney highlighted that the company has established itself in the premium luxury side of the market, with a lot of emphasis on green initiatives, better use of space inside as well as outside the apartments and community living.

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..