Real estate arm of the <keyword id="6400918" type="General" weightage="50" keywordseo="piramal-group" source="Orion">Piramal Group</keyword>, <keyword id="620925" type="General" weightage="80" keywordseo="piramal-realty" source="Orion">Piramal Realty</keyword>, and Jio-bp announced their partnership to provide world-class EV charging solutions across all <keyword id="100407" type="General" weightage="100" keywordseo="piramal" source="Orion">Piramal</keyword>'s residential projects in the Mumbai Metropolitan Region, a joint press release stated on Thursday. Jio-bp is a fuel and mobility joint venture between RIL and bp. As part of this partnership, customers and visitors to Piramal's residential projects will be able to charge their electric vehicles seamlessly at Jio-bp pulse EV charging stations at sites with the Jio-bp pulse mobile app. The first set of EV charging points at <keyword id="3415882" type="General" weightage="50" keywordseo="piramal-vaikunth" source="Orion">Piramal Vaikunth</keyword> in Thane were installed. Piramal Group said sustainability is a key pillar of Piramal Realty's business strategy and is integrated at all levels of its operations. The availability of EV charging infrastructure within its residential complexes ensures convenient charging of electric vehicles and boosts the confidence of potential electric vehicle buyers. Jio-bp constructed and launched many charging hubs along with hundreds of public charge points in various cities and major highways in India. Besides fixed charging, Jio-bp also offers <keyword id="5930710" type="General" weightage="80" keywordseo="battery-swapping" source="Orion">Battery Swapping</keyword> services through its large network of Battery Swapping Stations. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/heres-how-meesho-zepto-pepperfry-and-icertis-cracked-hyperscaling/slidelist/98943189.cms">Here’s how Meesho, Zepto, Pepperfry and Icertis cracked ‘hyperscaling’</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/global-it-services-firm-accenture-slashes-19000-jobs-tech-mayhem-deepens/articleshow/98944217.cms">Global IT services firm Accenture slashes 19,000 jobs, tech mayhem deepens</a>

Piramal Realty inks deal with Jio-bp to install EV charging stations at its properties

Mumbai, Jan 22 () Piramal Group real estate arm Piramal Realty plans to invest Rs 1,500 crore for developing a residential project in Thane, targeting homebuyers with specific budgets by offering smaller configurations, a top company official said.
 Terming it 'value housing' segment, the company has for the first time configured size of the apartments to attract millennials with relatively smaller budgets.
 The project is a part of the 32-acre township project Piramal Vaikunth, which will be spread across five acres and have a development potential of 2 million sq ft. 
 "With millennials at the helm, we have witnessed an increased traction towards the value segment over the last few quarters. Our foray into this segment is in line with our expansion plans of creating presence across the consumer demand pyramid. We will be investing Rs 1,500 crore for this development," Piramal Realty founder Anand Piramal said. 
 The configurations of these homes would be 1, 1.5 and 2 BHK apartments with access to premium amenities starting at 350 sq ft carpet area at Rs 60 lakh.
 He further said the company plans to replicate the model in future expansion of its existing projects. However, he did not give further details on the same.
 The company will fund its investment plans through debt and internal accruals, Piramal said.
 Developers, across markets, who have been primarily in the luxury and premium residential projects, are trying to right-price and right-size their offerings to meet requirements of first time homebuyers. 
 Piramal Realty, which currently has 17 million sq ft of residential and commercial space under development in and around Mumbai, plans to add another 10 million sq ft of residential space under development in 2020. 
 "Along with this project, we will be launching a few more including the next phase of our Byculla project and the other at Mahim, which we are developing jointly with Omkar Realtors. Apart from these, we will be also considering a few stressed projects to achieve the 10 million sq ft target," Piramal said.
 Banks and financial institutions are approaching the company to take up projects which they have funded and are now stuck due to various reasons, he added. 
 "We are evaluating a few such deals. Moreover, its a good proposition for us as we will not have to make capital investments as these projects are already funded, but we will get project development fees," Piramal said. PSK
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Piramal Realty to invest Rs 1,500 cr for 'value housing' project in Thane

New Delhi, Jul 13 () ITC Hotels on Monday said it has partnered with food delivery platform Zomato to offer its customers dining experiences in the comfort of their homes. This partnership comes after the hospitality chain's partnership with Swiggy, announced in May this year. The association with Zomato further strengthens ITC Hotels' pan India distribution footprint for home delivery and takeaway. This will widen the outreach of the chain's signature culinary offerings to thousands of customers, ITC Hotels said in a statement. Zomato, as an online aggregator, will not only enable 'contactless' deliveries on all pre-paid orders, but will also provide patrons of ITC Hotels the option of takeaway menus via this platform, it added. * * * * * Piramal Realty sets up online portal for township project Mumbai: Piramal Group real estate arm Piramal Realty on Monday said it has adopted a digital platform for sales by making its inventory at its township project Piramal Vaikunth in the neighbouring Thane district available online. Starting with tower 2 of cluster 3 at Piramal Vaikunth, Piramal Realty has introduced a complete online booking process for customers which includes finding an apartment, completing the booking form and making the payment through a secured link. AKT PSK MR MR

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Piramal Realty inks deal with Jio-bp to install EV charging stations at its properties

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Piramal Realty to invest Rs 1,500 cr for 'value housing' project in Thane

PTI

ITC Hotels expands dining outreach with Zomato partnership

PTI