Raymond's Real Estate Venture: ₹1,800 Crore Housing Project in Mumbai's Prime Location

Raymond Limited is set to develop a major housing project in Mahim West, Mumbai, with an estimated revenue potential of ₹1,800 crore. The company's subsidiary, Ten X Realty West Limited, has signed a Joint Development Agreement with a landowner for this venture. This marks Raymond's second project i...

Raymond Limited is set to develop a major housing project in Mahim West, Mumbai, with an estimated revenue potential of ₹1,800 crore. The company's subsidiary, Ten X Realty West Limited, has signed a Joint Development Agreement with a landowner for this venture. This marks Raymond's second project in the area and fifth outside Thane, showcasing its strategic expansion in the Mumbai Metropolitan Region. The project will boost Raymond's total Gross Development Value to nearly 35,000 crore, solidifying its position in the real estate market. Source: Hindustan Tim