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

31 Jul 2026

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read the full article Click Here..

The Road Ahead Begins Here

The future of India’s roads took centrestage at RAHSTA Expo 2026, where policymakers, contractors and industry leaders came together under one roof. The event blended thought leadership, technology showcase and industry recognition into a single powerful platform.India’s roads and highways community gathered in full strength at the Jio World Convention Centre, Mumbai, on July 8-9, 2026, for the 16th edition of the RAHSTA Expo (Roads and Highways Sustainable Technologies & Advancement). Over two action-packed days, the event brought together policymakers, contractors, consultants, devel..

Wricks® is 50 per cent stronger than conventional bricks

India’s construction boom is colliding with mounting plastic and demolition waste. Angirus is responding with Wricks®, made from recycled waste and already deployed in over 400,000 units nationwide. Kunjpreet Arora, Cofounder and CEO, explains the technology, impact and growth roadmap.With several alternative building materials available, what industry gap did Angirus identify and how does Wricks® address it?The construction industry already has alternatives such as AAC blocks, fly-ash bricks and concrete blocks but these have limitations. AAC blocks may crack due to contraction and expans..