More than 90 per cent consolidation in Indian real estate at project-level; only a few (such as Indiabulls) consider exiting realty business altogether. After DeMo wiped out fly-by-night and many small developers, liquidity crisis led Big Boys to take up stuck or delayed projects. Preferred consolidation models include JVs, alliance, development management contract, land monetisation.
Ready to step foot into 2019, the construction sector has gone through a resurgence owing to technological advancements. Technology plays an integral role, and to a large extent, influences our day-to-day activities.
Piramal Realty has launched PiramalMahalaxmi, its flagship project in South Mumbai. With over 2 mn sq ft of development, this project is set to be one of the largest premium residential developments in South Mumbai.
Piramal Realty, the real estate arm of the Piramal Group, India’s leading diversified global conglomerate, inaugurated Aranya Pavillion, the world-class experience centre at Piramal Aranya, its signature project in Byculla in Mumbai. Embroidered with superior design features and state-of-the-art technology, the Aranya Pavillion offers a new perspective on premium living.
Piramal Realty has marked the exclusive pre-launch of its new project, Piramal Revanta, in Mumbai. Spread across eight acre of lush greenery, residents of Piramal Revanta will discover the new benchmark in contemporary luxury living.