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Raymond Realty secures ₹3,000 crore Mumbai redevelopment deal, boosting its total development value to ₹43,000 crore.
Raymond Realty has signed definitive agreements for a ₹3,000 crore residential redevelopment project in Kandivali, Mumbai, its seventh joint development deal in the city and third in the Western Suburbs.
The project, announced on March 9, 2026, is expected to boost the company’s total gross development value to around ₹43,000 crore.
While details like land size, unit count, and launch timeline remain undisclosed, the development reflects Raymond Realty’s ongoing expansion in high-demand urban markets.
The company, headquartered in Thane, owns 100 acres of land and continues to grow through strategic partnerships.
Its shares traded at ₹375.00 on the NSE, down 1.47% from the previous close.
Raymond Realty asegura un acuerdo de reurbanización de Mumbai de ₹ 3,000 crores, aumentando su valor total de desarrollo a ₹ 43,000 crores.