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Piramal Realty

Est. 2012 · Anand Piramal · Mumbai, Maharashtra · Privately held · Mumbai & MMR

🗓Published·Updated·Edited by Rakesh Mahajan

★★★★★ 3.9 Dependable — with caveats

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.

Construction quality 84/100
Delivery record 74/100
Customer satisfaction 74/100
Financial strength 88/100
Trust 78/100

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

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

  1. RERA registration and quarterly progress for the exact project and tower you are buying.
  2. Credit ratings and company filings, because Piramal Realty is privately held and does not publish audited results.
  3. That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
  4. 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.

Residential

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.

Compare Piramal Realty against another builder →