Raymond Realty Signs ₹8,500 Cr Parel Project Deal

Raymond Realty Limited has announced its 8th major joint development project in Mumbai, a maiden residential project in Parel. The project has an estimated Gross Development Value (GDV) of approximately ₹8,500 crore, making it the company's largest development outside its Thane land parcel. This marks Raymond Realty's foray into South Mumbai and significantly enhances its real estate portfolio GDV to approximately ₹52,000 crore. The project is strategically located with excellent connectivity to key business hubs and the upcoming Navi Mumbai International Airport, aiming to redefine modern urban living with luxury and convenience.