Shapoorji Pallonji started 150 years back as Little Pallonji like a partnership real estate firm in the year 1865.In the year 1971, the company got an opportunity to construct the stone palace for the Sultan of Oman.The Growth Story of Shapoorji Pallonji Group is acknowledged for building few of Mumbai’s revolutionary projects near the fort area that comprises of Standard Chartered Bank, Hong Kong Bank, Taj Intercontinental, Grindlays Bank, Imperial and many more. With the passing years, the company rapidly grew into a well-known name in the real estate business and got an opportunity to get engaged into the repair and renovation work of Taj Mahal Palace & Tower that was severely damaged after the 2008 Mumbai Attacks. In the year 2012, the company planned to invest in IT Park, deep sea port, hydroelectricity, night shelters for poor and construction of roads.
The father of Pallonji Mistry, Shapoorji Mistry also named as Phantom of Bombay House first purchased shares in the Tata sons in the year 1930. In the Tata Sons Mistry is the largest single shareholder and the firm is mainly managed by trustees. Gradually the company developed into a $4 billion group. The company has five main verticals such as infrastructure, engineering, real estate, construction, water and power. The main companies are SPCL, SP Real Estate, Afcons, Sterling & Wilson, and SP International. The SP Group has an undertaking with CPPIB a Canada based company for buying office assets whereas IFC is for inexpensive housing solutions. The group is rapidly growing at a rate of 30 per cent.
Shapoorji Pallonji Vicinia Project in Chandivali Powai, Mumbai is a residential project that offers luxurious living with 2, 3 BHK apartments. The strategically planned project is centrally located to offer close connectivity to all the major addresses important for homebuyers. It is surrounded by best of educational institutions, health care facilities, entertainment and various corporations that make living easy and reduces commute time. The apartments offer fine living in the commercial capital of the country Mumbai to a completely new level. It is also developed with the aim to provide a wide range of world-class amenities with international level facilities. The major highlights of the project are 22 storeys & a stilt, 19 towers of stilt along with 5 storey building luxuriously developed with an array of amenities that are relevant in nature at affordable prices.
Shapoorji Pallonji Epsilon Project in Kandivali East, Mumbai is a new residential project by the Shapoorji Pallonji developers. The project is advantageously planned to offer close proximity to major social resources. It offers less commute time because of easy connectivity to road, rail and air transport. The 2BHK, 3BHK (premium) & 3BHK (luxury) apartments are spread across 52 acres of land and offer an all-inclusive range of leisure amenities such as swimming pools, clubhouses, ultra garden area & lawns, gyms, parking space, world-class security features and many more for enchanting living experience. The highlights of the project are the Suburban Mumbai’s tallest residential twin towers. The project is adorned with luxury features to experience a sense of exclusivity along with character at each and every aspect for a blissful living.