Tower 5 Success Highlights Better Confidence at Piramal Revanta

Mumbai, May 15, 2025: Piramal Realty, the real estate arm of the Piramal Group, has announced Piramal Revanta in Mulund, a significant milestone for its residential development.

The project has achieved remarkable sales with over 1 mn sq ft of residential real estate sold, firmly establishing itself as a benchmark for aspirational living in Mumbai’s eastern suburbs.

Furthermore, the recently launched Tower 5-Raynav witnessed a phenomenal response with over 50 per cent of its inventory sold in just a few months, reflecting strong buyer confidence and sustained demand. Notably, Piramal Revanta continues to attract interest from the global Indian diaspora with 15 per cent of the units sold to NRI homebuyers.

As of April, Towers 1, 2 and 3 have been delivered and over 600 families have been handed over their dream homes, reinforcing Piramal Realty’s commitment to timely construction and delivery. Keeping the momentum, Tower 4 is soon slated for handover.

Tower 5 stands tall at 37 storeys within a 3-acre private paradise (also known as Vana), which is part of an extensive 12-acre ecosystem at Piramal Revanta. It offers a range of spacious 2BHKs to 3BHKs plus study residences with decks.

Raynav launched with a successful gross revenue of over INR 350 crore. This momentum was driven by the popularity of unique offerings such as the Lumina Collection and the Park Grove residence —a limited curated selection of premium residences featuring larger configurations, garden views and private decks that cater to evolving family lifestyles.

“The strategic investment we have made over the years to transform Mulund into a premium residential destination is paying dividends,” said Abhijeet Maheshwari, CEO, Piramal Realty.

“Piramal Revanta has emerged as a benchmark for elevated living in this micro-market driven by its strategic location, design-led approach, expansive biophilia and timely delivery. We are redefining low-density living in Mulund, ensuring that our residents experience not just spacious homes but also an abundance of greenery and recreational spaces.”

He added, “The overwhelming response to the launch of Tower 5 has strengthened our confidence in maintaining this momentum, and this success further strengthens our resolve as we prepare to launch the last tower at Piramal Revanta.”

Offering unmatched connectivity, Piramal Revanta rests comfortably at the intersection of Lal Bahadur Shastri Marg and the upcoming Goregaon-Mulund Link Road. Its residents enjoy sprawling views of 25,000 acres of the Sanjay Gandhi National Park—a rare offering in the city’s dense urban fabric.

A standout feature of the development is Club Rasa an opulent lifestyle and wellness clubhouse spanning 20,000 sq ft, which has already been delivered. A second clubhouse spanning 10,000 sq ft is under construction and is set to elevate the community living experience.

Piramal Revanta redefines urban wellness with low-density planning, over 5.5 acres of amenities, 30 per cent green spaces and a focus on biophilic design in a city often lacking open spaces.