Real Estate Transactions

Raymond Realty forays into commercial projects

Economic Times  

Textile conglomerate Raymond's real estate arm Raymond Realty has forayed into development of commercial properties and is planning to leverage its brand along with financial strength to expand the realty business through joint developments. The company is developing a 1-million-sq ft commercial project including Grade A offices and high-street retail component on 9.5 acre out of its nearly 125 acre land parcel at Thane's Cadbury Junction. The company is also planning to build premium residential apartments spread across 1 million sq ft here.

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