Piramal Realty
Est. 2012 · Anand Piramal · Mumbai, Maharashtra · Privately held · Mumbai & MMR
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Piramal Realty?
Piramal group developer with landmark sites (Aranya at Byculla, Mahalaxmi) and international design collaborations.
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Completed projects (not disclosed)
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Sq ft delivered (not disclosed)
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Ongoing projects (not disclosed)
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Upcoming projects (not disclosed)
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: 70% of towers delivered within 6 months of committed date.
At a glance
Piramal Realty in Numbers
Piramal Realty is a privately held developer founded in 2012 by Anand Piramal, headquartered in Mumbai, Maharashtra, active mainly in Mumbai & MMR. We rate it 3.9/5 overall — dependable, with caveats — which ranks 48th of the 212 developers we profile and ahead of 75% of them. Its strongest area is financial strength (4.4/5) and its weakest is delivery record (3.7/5). We track 4 of its projects across 1 city.
Benchmarking
How Piramal Realty Compares
Each rating against all 212 developers we profile and the 24 in Mumbai & MMR.
| Rating | Piramal Realty | Mumbai & MMR average | Better than |
|---|---|---|---|
| Construction quality | 4.2/5 | 3.5/5 | 84% of developers |
| Delivery record | 3.7/5 | 3.3/5 | 75% of developers |
| Customer satisfaction | 3.7/5 | 3.3/5 | 73% of developers |
| Financial strength | 4.4/5 | 3.3/5 | 89% of developers |
| Trust | 3.9/5 | 3.5/5 | 71% of developers |
Footprint
Where Piramal Realty Builds
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Mumbai · 4 projects
Piramal Aranya, Piramal Mahalaxmi, Piramal Revanta, Piramal Vaikunth
Buyer guidance
Should You Buy a Piramal Realty Project?
Piramal Realty is dependable, with caveats. Its weakest area is delivery record, so before booking, compare the promised and actual completion dates of its last few projects on the state RERA portal. Prefer construction-linked payment plans and check the project's RERA progress reports.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Piramal Realty is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Delivery record: compare the promised and actual completion dates of its last few projects on the state RERA portal.
The bottom line
Our Verdict
Design and governance strong; some phases have run slow — buy advanced towers.
Portfolio
Piramal Realty Projects
Every project links to its own page. Gold entries carry full PropertyNivesh research; the rest have overview pages while research completes.
Questions
Piramal Realty: FAQs
Is Piramal Realty a good builder? +
We rate Piramal Realty 3.9/5 overall — dependable, with caveats. Design and governance strong; some phases have run slow — buy advanced towers.
Is Piramal Realty a listed company? +
No. Piramal Realty is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Where does Piramal Realty have projects? +
We track Piramal Realty projects in Mumbai. None has a full research page yet.
Does Piramal Realty deliver on time? +
Piramal Realty has delivered 70% of its towers within six months of the committed date, and we rate its delivery record 3.7/5.
How many projects has Piramal Realty completed? +
Piramal Realty has not published a completed-project count that we could verify.