Raymond Group bags 3 new projects in city, targets revenue of over ₹5,000 cr
1 year, 1 month ago

Raymond Group bags 3 new projects in city, targets revenue of over ₹5,000 cr

Hindustan Times  

Mumbai: After the success of Gautam Singhania-led Raymond group’s first project in Thane, the group now targeted Mumbai Metropolitan Region, bagging three new real estate projects with a potential revenue of over ₹5,000 crore. Agarwal said the new project in Thane launched during the second quarter has undertaken over 1 million sq ft of development with a revenue potential of ₹2,000 crore and received an overwhelming response from home buyers. He said the group had 100 acres of land in Thane out of which 40 acres are under development with an estimated revenue potential of ₹9,000 crore. Put together, the revenue potential of these three projects in MMR, outside of our Thane land, is estimated at more than ₹5,000 crore.” The Raymond official said the first three towers in TenX Habitat were delivered two years ahead of RERA time in December 2022.

History of this topic

Mumbai redevelopment news: Raymond Realty wins redevelopment project in Bandra with ₹2,000 crore revenue potential
6 months, 2 weeks ago
Raymond Realty launches project in Bandra with ₹2,000 cr revenue potential
10 months ago

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