Purple Elephant Realty Fund — Purple Elephant Realty | wisefolio

Purple Elephant Realty Fund

IN/AIF2/17-18/0501Cat II

Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.

Overview

About

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.

Investment Philosophy

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.

Team— 3

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.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF2/17-18/0501

VintageNov 2017 · 8 yrs old

Valid ToPerpetual

Contact PersonAnup Shah

Address702, Astron Tech Park, Nr. ISCON Temple, S. G. Road, Ahmedabad, Gujarat, 380051

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Disclaimer

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