Tag: Piramal Realty

Piramal Realty Acquires Gulita From HUL.

Piramal Realty has acquired Gulita – property in south Mumbai from¬†Hindustan Unilever¬†for R452Cr. Piramal Realty is planning to develop high-end luxury apartments on the one-acre land and Ajay Piramal might keep a part of it for his personal use, given the premium location, according to ET. Gulita is a one-acre property in Worli Seaface, which […]

Hindustan Unilever Ltd sells leasehold rights for Mumbai property for Rs 452 cr.

FMCG major Hindustan Unilever Ltd (HUL) on Wednesday said the company has sold its leasehold rights of a property in Mumbai for Rs 452.5 crore to Ajay Piramal Group firm Piramal Realty. HUL and entities of Piramal Realty have signed an agreement for assignment of HUL’s leasehold rights of the land and building named ‘Gulita’ […]