Patel Realty India Limited or PRIL is a wholly owned subsidiary and group company of the Patel Engineering Group. This Firm is over 60 years old and has global business interests in power, infrastructure and tunnelling with a market capitalization surpassing Rs. 10, 000 crore or $ 2 billion. Patel Realty was founded by Shri Pravin Bhai Patel and started its journey in the year 2007 in Mumbai. The company’s mission lies in the acquisition and development of real estate assets that are present in contemporary urban environments where demands for quality housing have only gone up with time on account of lifestyle changes. The portfolio of property by Patel Realty spans residential, IT Park, commercial, retail, hospitality, SEZ, entertainment and waterfront development segments.
The company prides itself on its huge experience and knowledge garnered from the parent company throughout several years, particularly with regard to building and developing civil engineering projects. The company specializes in offering cost effective solutions to customers and delivering workable solutions. The company builds several kinds of structures in addition to following sustainable construction methods and refurbishing existing structures. The company also offers pre-planning and purchase advice for projects in addition to taking care of procurement, analysis, design and construction.
Unique Selling Point:
The company aims at bringing about change in the realty industry through setting newer standards, innovation, quality and affordability with a view towards creating greater value for customers and investors. The company believes in engaging natural resources for efficient and sustainable use across its projects. The USPs of the company include detailed planning, fusion of traditional and contemporary architectural styles, environmentally sensitive construction, honesty, business ethics, quality customer service, community engagement and a skilled team of the best employees across diverse sectors.
Every building developed by the company is symbolic of top class planning, appealing design, innovation, environment friendliness, quality technology and supreme professionalism. The company wishes to cater to customer needs right from start to finish in addition to building lifelong relationships with its clientele. The company starts with in depth analysis of the land with a view towards preserving any historical structures or sites that may exist and determine the best use of the same. The project is delivered within budget and time and cost effectiveness is a guiding philosophy at the company. Holistic Life is a concept manifested by the company across its projects and it works with the best architects, consultants and designers for the same. The company has its own quality monitoring process and information technology systems to maintain transparency, quality and accountability.
Some of the landmark projects developed by the company include Smondoville which is a collection of smartly priced condos that come with the best amenities and other fixtures in addition to lovely living environments. Smondo 2.0 is another landmark project offering several condominiums to clients at a premium location along with several amenities and innovative project designs.
Key Technologies Used:
The company makes use of environment friendly technology and adheres to the guidelines issued by the Indian Green Building Council and the LEED rating system. The company also uses information technology to streamline processes and ensure greater quality and transparency in addition to better project management.
Type/Category of Projects:
The company believes in offering cost effective living solutions to customers without compromising on aesthetics, location or amenities. less