Piramal Realty has acquired a land parcel in Mumbai suburb Mulund for ₹153 crore from Nirmal Lifestyles. The 3.2-acre land is located, adjacent to Piramal Revanta — an existing residential project in Mulund.

Anand Piramal, Executive Director, Piramal Group, said, “This strategic land acquisition will now significantly benefit existing and potential customers with a direct access to the development from LBS Marg – the main access road, and a larger layout with more open spaces, additional amenities and reduced density. We continue to explore opportunities that ultimately help us contribute to customer delight.”

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Published on October 3, 2017