SPONSORED CONTENT

Piramal Vaikunth outperforms in Thane's residential market records sales of over 400 units; emerges as one of the fastest selling projects

November 12, 2020 23:30 IST
Tennis player James Blake
Artist's Impression of ISKCON Temple complex at Piramal Vaikunth in Thane

Mumbai (Maharashtra) [India], November 12 (ANI/NewsVoir): Piramal Realty, the real estate arm of Piramal Group, has witnessed exponential growth in Q2FY'20 compared to Q1 for its township project in Thane, Piramal Vaikunth.

Despite the COVID-19 pandemic, the project achieved sales of over 400 units in the last quarter, outperforming itself in Thane's residential market. The project offers a range of apartments staring to 1 BHK to 3BHK with access to premium amenities.

Piramal Vaikunth is spread across 32 acres and goes beyond bare necessities by providing its owners with an elevated experience. It offers a unique blend of amenities along with biophilic aesthetics that include elements of natural habitats. In addition to the central amenities across the project, some of the cluster-specific amenities comprise of swimming pool, toddler's play area, library, hobby area, indoor games room and gymnasium.

* Composition: 1, 1 + Study, 2 & 3 Bed Residences

* Project Location: Balkum, Thane West

* Piramal Vaikunth Area: approx. 32Acres

* Approx. 2.75 Acre ISKCON temple complex

* Up to 40 per cent open spaces

* Up to 60,000 sq. ft. of amenities

* Renowned project partners

"From establishing a presence in the Value Housing segment last year to integrating an enriched virtual journey built to book apartments without leaving the comfort of one's home, Piramal Realty has relentlessly worked towards sufficing the needs of customers. We are optimistic that we will have another good financial year with the backing of a robust digital sales infrastructure while maintaining social distancing norms," said Gaurav Sawhney, President, Sales & Marketing, Piramal Realty, commenting on the announcement.

"With work from home becoming normal in the long run, there is a shift in consumer behavior. Customers are moving towards projects that offer community living, Biophilic Designs, flexible layouts with amenities upgrading them to a better lifestyle," he further added.

Piramal Vaikunth is a residential complex spread over 32 acres, featuring high-rise towers, townhouses, world-class amenities and facilities. The development will also include an approx. 2.75 acre ISKCON temple complex. The project partners with the world's most renowned and leading experts in the real estate sector to create benchmarks in Safety, Quality, Customer-centricity, and Architectural Design.

Founded in 2012, Piramal Realty, the real estate development arm of Piramal Group is one of India's leading developers with 17 mn square feet of residential and commercial under development in and around Mumbai. In 2015, Warburg Pincus and Goldman Sachs two of the world's most respected private equity investors invested USD 235 million dollars for a minority stake in the company.

Piramal Realty aims to be the gold standard in design, quality, safety and customer centricity in both residential and commercial real estate. Piramal Realty's developments, while being cutting edge and contemporary, focus on embracing a more intuitive definition of luxury, which celebrates nature, greenery, space, light, ventilation, art, culture and community living.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

 

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Piramal Vaikunth outperforms in Thane's residential market records sales of over 400 units; emerges as one of the fastest selling projects

Mumbai (Maharashtra) [India], November 12 (ANI/NewsVoir): Piramal Realty, the real estate arm of Piramal Group, has witnessed exponential growth in Q2FY'20 compared to Q1 for its township project in Thane, Piramal Vaikunth.

Despite the COVID-19 pandemic, the project achieved sales of over 400 units in the last quarter, outperforming itself in Thane's residential market. The project offers a range of apartments staring to 1 BHK to 3BHK with access to premium amenities.

Piramal Vaikunth is spread across 32 acres and goes beyond bare necessities by providing its owners with an elevated experience. It offers a unique blend of amenities along with biophilic aesthetics that include elements of natural habitats. In addition to the central amenities across the project, some of the cluster-specific amenities comprise of swimming pool, toddler's play area, library, hobby area, indoor games room and gymnasium.

* Composition: 1, 1 + Study, 2 & 3 Bed Residences

* Project Location: Balkum, Thane West

* Piramal Vaikunth Area: approx. 32Acres

* Approx. 2.75 Acre ISKCON temple complex

* Up to 40 per cent open spaces

* Up to 60,000 sq. ft. of amenities

* Renowned project partners

"From establishing a presence in the Value Housing segment last year to integrating an enriched virtual journey built to book apartments without leaving the comfort of one's home, Piramal Realty has relentlessly worked towards sufficing the needs of customers. We are optimistic that we will have another good financial year with the backing of a robust digital sales infrastructure while maintaining social distancing norms," said Gaurav Sawhney, President, Sales & Marketing, Piramal Realty, commenting on the announcement.

"With work from home becoming normal in the long run, there is a shift in consumer behavior. Customers are moving towards projects that offer community living, Biophilic Designs, flexible layouts with amenities upgrading them to a better lifestyle," he further added.

Piramal Vaikunth is a residential complex spread over 32 acres, featuring high-rise towers, townhouses, world-class amenities and facilities. The development will also include an approx. 2.75 acre ISKCON temple complex. The project partners with the world's most renowned and leading experts in the real estate sector to create benchmarks in Safety, Quality, Customer-centricity, and Architectural Design.

Founded in 2012, Piramal Realty, the real estate development arm of Piramal Group is one of India's leading developers with 17 mn square feet of residential and commercial under development in and around Mumbai. In 2015, Warburg Pincus and Goldman Sachs two of the world's most respected private equity investors invested USD 235 million dollars for a minority stake in the company.

Piramal Realty aims to be the gold standard in design, quality, safety and customer centricity in both residential and commercial real estate. Piramal Realty's developments, while being cutting edge and contemporary, focus on embracing a more intuitive definition of luxury, which celebrates nature, greenery, space, light, ventilation, art, culture and community living.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22