Piramal Group
Piramal Realty today launched a mixed-use development project in sub-urban Thane. Piramal Vaikunth is a pre Launch project spread over a land area of 32 acres and offers 2BHK and 3BHK in Baklum Thane West one of the most happening residential sectors of the city of dreams in Thane West. The area is a well-developed [...] Continue Reading »
The Piramal Group is a diversified conglomerate with operations in over 30 countries and brand-presence across 100 markets around the world. Mr. Ajay G Piramal is the Chairman of the Piramal Group. Now Ajay Piramal will strengthen his role in Shriram Group by taking over as chairman of Shriram Capital. Shriram Capital is the holding company of [...] Continue Reading »
The Ajay Piramal Group is exploring the possibility of buying into Infrastructure Leasing & Financial Services (IL&FS). The Piramal Group is an Indian multinational Company with presence in Pharmaceuticals, Healthcare Services, Life Sciences, Glass Manufacturing and Real Estate. The company’s legal and finance teams are busy charting out the contours of the proposed deal, which has been under negotiation [...] Continue Reading »
Tata Group chairman Cyrus Mistry and Piramal Group head Ajay Piramal are reportedly in talks to work out a partnership for the infrastructure business in India; thereby exploiting the infrastructure opportunity unfolded by the Narendra Modi government. Sources familiar with the ongoing talks between Mistry and Piramal have revealed that the two corporate biggies recently [...] Continue Reading »
The Telengana Chief Minister K Chandrasekhara Rao has asked the Chairman of Piramal group Ajay Piramal to invest in the proposed Phama City that the State Government is planning to set up. The Chief Minister stated Ajay Piramal that he can set up a facility there and also find a place in order to develop [...] Continue Reading »
The Ajay Piramal group is close to finalising transactions to purchase controlling stakes in six road assets spread across the country. This move is expected to inject life blood into the stressed road sector and boost infrastructure development in a big way. The real estate to financial services group has signed non-binding preliminary term sheets [...] Continue Reading »
With the swearing in of the Modi government, real estate is seeing an upward trend. Following that trend a top official of Piramal Enterprises Ltd (Founded by billionaire Ajay Piramal) mentioned that they are looking for some investment opportunities in infrastructure and expect to finalize some deals in the next four months. They are focussing [...] Continue Reading »
Piramal Sunteck Realty Pvt Ltd has tied up with Sussanne Roshan’s plush interiors brand for interior designing. The tie up is done for the Charcoal Project. The tie up will provide Nagpur’s elite denizens a taste of exclusive high living which was previously accessible only to the aristocratic circles in large metros. The tie up [...] Continue Reading »
Subodh Kumar’s new Development Control Rules (DCR) proposals will allow developers to build an extra 25% above the sanctioned FSI in a residential project, for which they will be charged 100% premium. For commercial buildings, the BMC will allow 15% additional built-up area and charge a similarly hefty premium. In a joint statement issued exclusively [...] Continue Reading »
