Raymond Signs Joint Development Agreement for Residential Project in Mahim West, Mumbai

Raymond, through a step-down subsidiary, has signed a joint development agreement for a residential project in Mahim West, Mumbai, with an estimated revenue potential of about ₹1,800 crore. This marks the company's second residential project in the area, enhancing its real-estate presence in south-central Mumbai, where redevelopment-led projects are transforming older residential neighborhoods.