Raymond Realty bags project to redevelop housing society in Mumbai; eyes over Rs 2,000 crore revenue

Raymond Realty secureed a project to redevelop a housing society in Mumbai. The project is expected to yield revenue exceeding Rs 2,000 crore. Raymond Ltd's arm, Raymond Realty, will redevelop the MIG VI CHS Ltd in Bandra East, Mumbai, as approved by the board. The project was selected with unanimous member support. This adds to Raymond Realty's existing projects with an estimated total value of Rs 7,000 crore in Mumbai.