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Purple Elephant Realty Fund is a SEBI-registered Category II Alternative Investment Fund managed by Purple Elephant Realty Advisors LLP, an Ahmedabad-based real estate investment platform. Promoted by Parikh Real Estate Management, the firm leverages decades of experience in real estate advisory, transactions, and investment structuring. The platform focuses on providing strategic and financial investment solutions across residential, commercial, and industrial real estate. Purple Elephant works closely with high-net-worth individuals, corporates, and developers, offering end-to-end involvement from project identification and investment to monitoring and exit strategies. With strong relationships across leading developers and real estate stakeholders, the firm aims to deliver superior risk-adjusted returns through disciplined execution and deep market expertise.
Purple Elephant’s philosophy is rooted in the symbolism of its name — combining stability and energy (purple) with wisdom, strength, and long-term value (elephant). The firm aims to build a wealth-nurturing real estate investment platform based on trust, careful reasoning, and long-term partnerships, delivering sustainable and risk-adjusted returns.
Pramit Parikh
Managing Partner
Managing Partner at Purple Elephant Realty Advisors LLP and Director at Parikh Real Estate Management Pvt Ltd. Has over a decade of experience in real estate advisory, structuring investments, and transaction execution. Advisor to HNIs, corporates, and developers, with involvement in joint development agreements and strategic exits.
Monil Parikh
Managing Partner
Managing Partner at Purple Elephant Realty Advisors LLP and Director at Parikh Infracon Pvt Ltd. Focuses on industrial and land investments, advising domestic and multinational clients on real estate opportunities and asset positioning.
Anup Shah
Investment / Fund Contact
Listed SEBI contact person for the fund and associated with investment and operational activities.
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