Piramal Fund Management

PFMPL believes that real estate is an essential component of any investment portfolio as it provides both diversification and long-term capital appreciation. The team has extensive experience underwriting primary fund investments, developing and managing properties, and investing in direct real estate through unique equity, structured and debt transactions. Simplicity has been the firm's core approach. Value generation is the firm's prime focus. The firm's investment strategy is defined by pursuing the most compelling opportunities, driving strong execution through partnerships with strong local developers, and implementing various risk mitigation techniques to protect its investments. The Fund Manager typically targets investments in residential projects in select tier 1 cities. While India has several developers that do business on a national basis, the firm partners with strong local developers. In negotiating an agreement with the developer, the goal is to structure the partnership such that the investor's, developer's and PFMPL's economic interests are aligned.