Piramal Enterprises’ subsidiary company -- Piramal Realty is aiming about Rs 2,200 crore sales bookings in FY23, up over 40 per cent year-on-year, on strong housing demand. The company has achieved average annual sales bookings of around Rs 2,000 crore in the past five years as it witnessed robust demand for its residential properties across four projects that it has launched so far. Sales bookings were more than Rs 1,500 crore last financial year. Piramal Realty is developing around 12,000 apartments, covering 13 million square feet area, in phases across four residential projects in Mulund, Thane, Mahalaxmi and Byculla in the MMR.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.
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