Rajeev Piramal is Vice Chairman & Managing Director of Peninsula Land Ltd and has led the robust growth of the company, with over 7.4 million sq ft of development in residential, commercial and retail space. The current value of these projects is estimated to be Rs 1,40,000 million. The company has another 16 mn sq ft of projects in the pipeline.
Rajeev spearheaded the development of India’s first retail mall, in Mumbai, bringing in a new concept of shopping. He also pioneered the re-development of first textile mill land and in the process established Lower Parel as the new Business District in Central Mumbai.
He led to the growth of Peninsula Land outside of Mumbai to eight cities across India. Some of the iconic developments under his leadership include Peninsula Business Park, Peninsula Technopark, Ashok Towers and Ashok Gardens.
He has enabled Peninsula Land to create a strong brand for itself and firmly believes that quality and timely execution of projects are the key factors leading to success in the real estate business.
Rajeev is the co-chair for the real estate sector of Federation of Indian Chambers of Commerce and Industry (FICCI)
He completed his BBA (Bachelor in Business Administration) from Baldwin Wallace College, Cleveland, USA and entered the real estate sector and became a Director at Peninsula Land in 2001.