FCC

Raymond Realty targets crore revenue from Mumbai project

2023-08-23

In the Bandra micromarket in Mumbai, Raymond Realty intends to debut a high-end 2, 3, and 4-bedroom apartment complex with a topline of Rs 2,000 crore. Subject to clearances, the company intends to begin the 0.6 million soft project by the end of the current fiscal year, according to sources cited by Harmohan Sahni, CEO of Raymond Realty.

Considering the 100-acre property block it has in Thane, close to Mumbai, the company has a topline potential of over R$ 27,000 crore overall, including the Bandra project.