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Piramal Realty is Mr. Ajay Piramal’s fully owned real estate venture. He developed India’s first mall, Cross Roads, at South Mumbai. He also was one the first to develop organized work space at Lower Parel. He has also built landmark structures such as Ashok Towers.
Indiareit is Piramal Group’s real estate equity funding arm. It the largest Reit fund by AUM (assets under management) in India i.e. Rs 3800 crore by June 2011. It has domestic and offshore funds, and has recently raised funds from UK, Singapore and Dubai.
PHL Finance Pvt Ltd. is the non-banking financial company (NBFC) that has recently formed to look into funding of real estate and infrastructure projects.
Piramal Glass is the largest specialty glass player in Asia and is the fastest growing glass companies in the world in the last 10 years. It has 17 of the world’s top 20 cosmetic companies as clients.
Read more about this topic: Piramal Healthcare