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Monday, December 23, 2024 | 09:09 PM ISTEN Hindi

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Godrej family office, Piramal scion invest in luxury realty firm

Incidentally, both Godrej and Piramal run real estate companies that build high-end homes

Nadir Godrej, Anand Piramal
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Godrej Agrovet Chairman Nadir Godrej (left) and Piramal Group Executive Director Anand Piramal have invested in Isprava

Raghavendra Kamath Mumbai
The Godrej family office and Anand Piramal, executive director of Piramal Group and son of Ajay Piramal, have invested in a real estate firm to build high-end luxury holiday homes in Goa, and the Nilgiris in Tamil Nadu.
 
Incidentally, both Godrej and Piramal run real estate companies that build high-end homes, among others.Isprava, the real estate company, had raised about Rs 10 crore from the investors initially.
 
“I have known the promoters of Isprava for a long time and had a shareholding in the predecessor company. My company participated in this round of investment as well,” said Nadir

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