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Edelweiss and parinee group get together for
Parinee eminence, a new commercial grade a+ project in worli, mumbai

Meet growing demand for small & mid-sized office space from SMEs and Entrepreneurs

Published On: Times of India
Date: 24th April 2018 | Mumbai

The Edelweiss Real Estate Advisory Practice (REAP) part of the Edelweiss Group takes up Parinee Eminence located at Worli, a grade A+ commercial project by Parinee group as distribution partner.

Parinee Eminence will address the continuously accumulating demand from small & medium enterprise (SMEs) owners, entrepreneurs, professionals and start-ups for small and medium-sized offices in a modern commercial environment. Situated at Worli Junction and Senapati Bapat Marg, the project is spread across 2.48 acres of land with office space ranging from 567 sq.ft. to 1104 sq. ft. The price of boutique offices start from Rs. 2.12 Crore.

According to Mr. Vipul Shah, Managing Director, Parinee Group, “It gives me immense pride to be associated with Edelweiss’s Realty arm. We are committed to ensuring that Parinee Eminence is developed to the highest of standards and believe this is a significant milestone in that journey. We further look forward to doing our best to deliver an exceptional and highly successful commercial landmark.”

“We are pleased to be a part of this prestigious project as distribution partner. With portfolio expanding to multiple geographies, our ultimate focus is on enhancing value by enabling greater visibility, desirability, market penetration and profitability for projects we undertake. Backed by cutting edge technology solutions, in-depth market understanding, our people and processes, we are committed to create value propositions both for our partner developers and customers alike.” said Mr. Ram Yadav, CEO, Edelweiss Real Estate Advisory Practice.

Designed by architect Niteen Parulekar, Parinee Eminence is easily accessible from various business-centers, airports, hotels, recreational clubs and more. With an aim to balance proficiency with luxury, the project is designed with a unique LED screen façade inspired by nature to reflect urban biomimicry. Another unique design element is the use of natural lighting and ambient conditions which not only enhance the look, but also save energy and cut operational costs. Double-decker elevators have also been deployed to systematically manage the rush hour crowds.

In addition, Parinee Eminence will offer its clients various amenities including two-storeyed 33,000 sq. ft. clubhouse with a fully equipped gym, spa and salon, business center, banquet hall, food court, infinity pool and an open landscape terrace. The other features of the project include fully furnished service apartments, restaurants and cafes, double height sky resto-lounge and a rooftop restaurant with 360-degree panoramic views.

Parinee Eminence has 100 per cent commercial FSI and every office has mesmerizing view of either Worli seaface or Mahalaxmi racecourse or cityscape. This landmark commercial building in Worli aims to become a prime candidate for high rental yields and commensurate uptick every year.

MahaRERA Registration No. P51900015555. The project is Registered under MahaRERA as “PARINEE EMINENCE PHASE 1”.
For further details, visit: http://maharerait.mahaonline.gov.in

About Parinee Group

Parinee Group, a real estate organization having a reputation of more than 50 years in the construction and contracting industry, headed by Mr. Vipul Shah and Mr. Dhaval Shah, situated at Parinee Crescenzo, Bandra Kurla Complex, is engaged in flagship business of construction and provides business spaces and housing with a vision – a vision of luxury, class and lifestyle. Parinee Group has successfully completed almost 1.5 million sqft of commercial and residential projects since its inception and has crafted landmarks such as Parinee Crescenzo in Bandra Kurla Complex. Currently it is developing projects totaling to 2.5 million sqft at Worli, Khar West, Andheri West, Juhu, Kandivali West and Borivali West. It is one of the finest group in realty sector in India with presence in Mumbai only enabling it to specialize locally.

About Edelweiss Real Estate Advisory Practice:

Edelweiss Real Estate Advisory Practice (REAP), part of the diversified financial services firm Edelweiss Group, offers advisory to real estate businesses. With the focus on enhancing customer value through complete range of sales and distribution solutions, REAP is a one stop-solution provider for real estate distribution. REAP enables greater market penetration, faster sales and value realization through their strong distribution capabilities and aims to successfully distribute multiple projects across geographies, thus helping in creating brand identity for the developer. REAP provides real estate opportunities, along with help in resolving the challenges faced by both developers and investors, by providing end-to-end solutions rather than restricting only to transactions.

Disclaimer: Edelweiss Commodities Services Limited [ (“ECSL”) is acting in the capacity as real estate agent/ distributor for Developer for its project Parinee Eminence Phase 1 situated at Dainik Shivneri Marg, Worli. Edelweiss Commodities Services Limited (ECSL) MahaRERA Registration No: A51800001072

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