Piramal Realty, the city-based real estate development arm of Piramal Group, has launched a 70-storey tower called Piramal Mahalaxmi in the tony South Mumbai area. The tower will have luxurious 3 and 4 BHK private residences, with price starting at Rs 6.64 cr. The focus of the realty company is the premium segment.
The company has released 150 units for booking in the launch phase. The tower offers magnificient views of the Mahalaxmi Race Course, the Arabian Sea, Willingdon Golf Course and the Mumbai Harbour.
The announcement, as per the release, follows the launch of Piramal Mahalaxmi, where the first tower witnessed bookings worth Rs 1500 cr during its launch.
Towering up to 70 storeys, the Central Tower boasts of a dedicated swimming pool, exclusive fitness centre, resident lounge and a library for its residents. These are in addition to the overall amenities offered by Piramal Mahalaxmi such as infinity-edge swimming pool, podium garden among other things.
With over 2 million square feet of development, Piramal Mahalaxmi’s design is based on market demand and is set to be one of the largest premium residential developments in South Mumbai. Piramal Mahalaxmi is a joint development project between Piramal Realty and Omkar Realtors.
“Our vision for Piramal Mahalaxmi is to create a world-class development that caters to a spectrum of customers and their specific needs, while remaining true to its style, sophistication, and offerings. The residences in the Central Tower will offer utmost privacy with stunning panoramas from every angle. Excellent connectivity, lifetime views, competitively priced residences with a premium address in a city such as Mumbai will continue to remain the unique selling point of Piramal Mahalaxmi. Together, the two towers will represent a new era of contemporary living,” said Naaman Atallah, CEO, Piramal Realty.