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Piramal Realty has finalised a high-value deal exceeding INR 100 crore, involving the sale of a premium penthouse and two duplex apartments at its flagship Piramal Mahalaxmi project in Mumbai. The buyer, whose identity has not been revealed, acquired over 13,000 sq ft of carpet area located on the topmost floors, offering panoramic views of the Mahalaxmi Racecourse and the Arabian Sea. This transaction highlights the continued appetite for ultra-luxury homes in the Mumbai Metropolitan Region (MMR).
Piramal Realty confirmed that it had completed a high-ticket sale at its Piramal Mahalaxmi project in Mumbai, involving a sea-facing penthouse and two duplex apartments valued at over INR 100 crore. The deal was executed with a single buyer, although the company refrained from disclosing the individual's identity. Advertisement
The three residences together span more than 13,000 square feet of carpet area and are situated on the top floors of one of the towers within the development. These elevated homes provide uninterrupted views of the 225-acre Mahalaxmi Racecourse along with expansive vistas of the Arabian Sea.
Piramal Mahalaxmi, one of the developer's flagship luxury residential projects, has drawn interest from high-net-worth individuals looking for ultra-premium city living. The project is strategically located in south Mumbai and is known for combining modern design with prime location benefits.
Piramal Realty, which serves as the real estate arm of the diversified Piramal Group, was established in 2012. Since its inception, the company has grown to become one of the prominent developers in India. Currently, it has 13 million square feet of residential development underway across the Mumbai Metropolitan Region (MMR), with a portfolio that blends luxury, scale, and strategic urban placement.
Source - PTI
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