The article “Exposing Piramal Realty: Krishnaraj Rao” highlights several concerns regarding Piramal Realty’s business practices:
One-Sided Agreements: The draft agreements for projects like Piramal Revanta Towers are criticized for being heavily skewed in favor of the developer. These contracts grant PRL Developers Private Limited extensive rights over land development, limiting flat-buyers’ ability to raise objections. Exit clauses are also noted to favor the developer, undermining buyers’ rights.
Environmental Impact: The article labels Mr. Ajay Piramal as an “eco-terrorist,” accusing him of exploiting nature without regard for biodiversity. It references environmental concerns associated with Piramal’s pharmaceutical plant in Digwal, Telangana, and criticizes real estate developments in ecologically sensitive coastal areas like Mumbai, which face risks from climate change and rising sea levels.
Legal and Ethical Issues: The piece suggests that law enforcement and the judiciary may not always protect flat-buyers from exploitation by builders. It mentions that when police mediate between defrauded buyers and builders, resulting agreements often contain loopholes allowing builders to evade accountability. Builders, including Piramal Realty, are accused of proposing out-of-court settlements to avoid civil litigation, which may be ineffective or detrimental to buyers’ interests.
The article includes videos by Krishnaraj Rao and a press conference by Siddarth Jaaju to support these claims.
caveat emptor (“let the buyer beware.”) before buying flats from the Piramal Realty
Mr. Ajay Piramal appears to be an environmental extortionist, who, like a sadist as well as eco-racist, takes the natural world (including human beings) as a free gift and annihilates the biodiversity therein without any hesitation. He has been accused previously for polluting land and water in Digwal, Telangana, via his Piramal Pharma Ltd. (and a number of shell companies), in which he was challenged by the National Green Tribunal for flouting core environmental norms.
Not only Digwal, but Mr. Piramal has also made significantly problematic contributions to infrastructure and real estate projects that challenge environmental ethics along the coasts of Mumbai, Maharashtra, India. In his work “Progress and Poverty” (1879), Henry George described real estate development as facilitating the transfer of “unearned increment” into the hands of developers, often at the cost of degrading local ecosystems.
Now, what is the ecological status of Mumbai, first of all? It is at all fit for any real-estate or mega-projects, for that matter?
It is not long since we witnessed the catastrophic Maharashtra floods where the India navy was deployed:
The severity of danger of the Mumbai Port is also well-known through several reports in this regard. The port of Mumbai in India has the highest overall climate hazard score (score of 62 out of 100);:
It has also been mentioned that there shall be installation of “green ports” and “green parks” all along the coast of Mumbai to face these rising, concerning issues at hand. However, such shallow, short-term quick-fixes are far from serving the long-term goals aligned with the major challenges posed by the climate crises as such. Mumbai (especially South Mumbai) is predicted to get submerged under the Arabian Sea by 2050.
Mumbai, a former marshy archipelago, was developed by the British in the 1660s for its strategic harbor, but its coastal location now makes it vulnerable to extreme weather. After Superstorm Sandy, Ghosh researched Mumbai’s cyclone risks, uncovering an active fault near Oman and pollution-driven wind changes over Indian waters. While a reported 1882 cyclone was a hoax, real storms from the 1600s to 2009 highlight rising threats. Ghosh warns of increasing danger as rare storms become more likely near the city’s 20 million residents.
Ghosh also stated that the higher officials of the Government are often provided with buildings or lands that are much near to the coast. For what reason? “The scenic view”, perhaps?! The relatively lower ranking officials, on the other hand, receive lands far-off from the coast, being less in danger as compared to the former. This reveals another glaring paradox at the heart of the ecology-economy dichotomous drift.
Now coming to our context: Mr. Ajay Piramal’s real-estate initiatives under Piramal Realty and its sub-projects such as Piramal Vaikunth, Piramal Mahalakshmi etc., ignore such environmental variables in the crisis-laden city of Mumbai. This could have the most worrying consequences beyond repair. Just view the extremely vulnerable geographical positioning of these projects on fragile land-water topographies:
Please note that Piramal Byculla is located at an elevation of None meters (0 feet) above the sea level (See Map):
Piramal Mahalaxmi’s locus, viz., Jacob Circle, is just 3 metres above the sea level (See Map):
He, as a real estate developer, profits by selling anti-green architectural imperialism in ecologically threatened zones (Kindly observe that Mulund is just 11 ms above the sea level, where Piramal Revanta is situated; See Map) in the name of “development”:
After going through the above, let us ask you, readers:
Can we afford to build, buy or support such evidently suicidal mega-projects?
Our staunch opposition to Mr. Piramal must be unequivocal, particularly regarding such environmental concerns, alongside other serious allegations of consumer deception and documentation discrepancies, which we will now discuss in specific terms, aided by Mr. Krishnaraj Rao’s in-depth research.
Dear DHFL Victims,
Kindly view the following videos by Mr. Krishnaraj Rao in order to comprehend the misdeeds of the Ajay Piramal group, the reason behind all our miseries! We sincerely hope that these videos will help us to further strengthen our fight against the predetermined crony acquisition of the DHFL by Ajay Piramal, CBE:
The Piramal Revanta Towers 1 to 4 are set for possession between 2023 and 2026, with bookings currently ongoing. The draft Agreement available on the RERA website reveals a heavily one-sided contract. It grants PRL Developers Private Limited unrestricted rights to fully capitalize on the land’s development potential, leaving no room for flat-buyers to raise objections. Additionally, the exit clauses are highly skewed in favor of the developer. The so-called Piramal Assurance is a cleverly crafted legal document that, in reality, undermines the rights of flat-buyers rather than protecting them.
Law enforcement and the judiciary cannot always be relied upon to protect the interests of flat-buyers from exploitation by builders. When police mediate between defrauded flat-buyers and builders, the agreements reached often contain significant loopholes that enable the builder to escape accountability. Builders frequently suggest out-of-court settlements to evade civil litigation, but these “fake” settlements are typically either ineffectual or detrimental to the flat-buyers’ interests. This is what usually happens in the case of Piramal Realty’s tricks to target flat-buyers who approach the police! How can the Paramavaisnava Piramal, who is so closely associated with religious leaders, do such deceitful things?
Furthermore, view this press conference by Siddarth Jaaju:
Amid growing climate legislation, the paper discloses how and why the crucial confrontation with the facticity of “climate threat” is typically placed within the decoupled existential duality of “ecology or economy”, thereby reassessing Club of Rome’s 1972 report “The Limits to Growth”. Methodologically, the paper adopts critical phenomenology, which reconfigures the positional discursive enclosures and eco-sensitive felt embodiments of capital-intensive institutional “growth” (Illich), stemming from the reflexive crises ontologies of intersubjective lived experiences during the Anthropocene. The paper briefly refers to the reported immediacy of the threatened life-worlds of climate refugees. It performs (hyper-)real case-study of a pharmaceutical plant in Digwal, Telangana, instantiating “greenwashed” technocratism’s democratic unfreedom (Marcuse). The paper fosters a sociophilosophical critique of the dominant developmentalist narrative with monopolizing entitlement-claims, treadmills of overproduction and debt-centrism to accordingly propose the “Hummingbird Metaphor” following the Green Belt Movement. Consequently, the paper inspects the pragmatic implications of a deviduated, coordinated “being-in-common” networking of non-partisan democratization expressible in small-scale, decentralized living-patterns characterized by biophilic living-spaces (subtracting architectural imperialism). This approach extends the praxeologies of Tagore’s samavāya, Gandhi’s sarvodaya, M. N. Roy’s radical humanism, and Jayaprakash Narayan’s total revolution to embrace a form of libertarianism that counters the Human Exemptionalism Paradigm, culminating in the ethico-aesthetic nisargaśṛṅgāra (human−nature creative intimacy) with participatory democratic exchanges. The paper suggests a sustainable retreat from the developmentalist paradigm to balance the options of “withdrawal” and “degrowth” while heeding eco-fundamentalist and Neo-Malthusian pitfalls. It advances a nuanced conception of multispecies environmental justice, resisting the corporatization of grassroots environmentalist discourse(s).
22nd December, 2024. Presented a Paper entitled “The Criticality of Thresholds: Nisargaśṛṅgāra as a Libertarian Praxis” under Research Committee/RC-11 “Sociology of Environment” on the Occasion of the 49th All India Sociological Conference (AISC) in association with the BML Munjal University, Gurugram, Haryana (Delhi-NCR). To be published by Indian Sociological Society, New Delhi.
None Kept One’s Words: Modiji’s Promises Posted on 25/04/2023 (GMT 04:20 hrs) Updated on GMT 07:00 hrs We have sent the following documentation to the Hon. Prime Minister, Home Minister, the RSS and the BJP President with the following covering letter: “प्रजासुखे सुखं राज्ञ: प्रजानां च हिते हितम् । नात्मप्रियं हितं राज्ञ: प्रजानां तु प्रियं हितम्।” “Prajāsukhe sukhaṁ rājyaḥ, prajānām ca hite hitaṁ Nātmapriyaṁ hitaṁ rājyaḥ, prajānām tu priyaṁ hitam.” —- Kauṭilya , Arthaśāstram To The Honourable Prime Minister, Government of India Sub: The Hon’ble PM’s promise for welfaristic utilization of political funding Dear Modiji, Please note the following hyperlinked document, where the second video ⤡ indicates the utilization of party funding for the welfare and benefit of all the citizens of India as part of your promise of mahadana (grea...
Defending the Victims: Challenging the ‘Capital’ Punishment Imposed on DHFL Stakeholders Defending the Victims: Challenging the ‘Capital’ Punishment Imposed on DHFL Stakeholders DHFL Victims Demand Justice! Posted on 26th November, 2024 (GMT 12:20 hrs) Updated on 26th November, 2024 (GMT 15:20 hrs) Introduction This collage of posters, slogans, and imagery encapsulates the ongoing narrative of the DHFL Scam (2019–present), allegedly orchestrated by the ruling BJP in collusion with corporate tycoon Ajay Piramal (secondary kin of Mukesh Ambani), elements of the shadow economy, and religious figures. Each poster highlights pivotal events, legal nuances, and systemic gaps that have surfaced over the last five years. We hope that as the Supreme Court of India hears the DHFL Scam cases, these materials act as a catalyst for web-based advocacy, galvanizing mass mobilization against those responsible. For More, View the Following: A WHITE PAPER ON THE DEWAN HOUSING FINANCE CORP...
Mr. Paramavaiṣṇava’s Trial: A Courtroom Drama Mr. Paramavaiṣṇava’s Trial: A Courtroom Drama Posted on 7th February, 2025 (GMT 12:42 hrs) ABSTRACT The trial of Mr. Paramavaiṣṇava—known as Mr. “P,” a high-profile business tycoon with alleged government ties—begins on a foggy morning in a dimly lit New Delhi courtroom. Accused of insider trading, environmental violations, contempts of court in the DHFL scam, and political cronyism as a whole, he faces intense scrutiny. At the outset, Mr. P swears on the Bhagavad Gītā, portraying himself as a philanthropic figure. The prosecution challenges this, arguing that his religious rhetoric masks unethical practices. Citing multiple legal violations, the prosecutor even references the Gītā to question Mr. P’s credibility. The courtroom drama intensifies with allegations of political favouritism, corporate maneuvering to evade accountability, and undue political influence. As pressure mounts, Mr. P lashes out, declaring India’s justice sys...
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