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Raymond Realty signs definitive documents to develop residential project in Mumbai

09 Mar 2026 Evaluate

Raymond Realty has signed definitive documents to develop a prestigious residential project in a prime location of Kandivali, Mumbai. This landmark project is estimated to have a gross development value of around Rs 3,000 crore and marks the company's third project in Western Suburbs of Mumbai. This also represents the 7th Joint Development project undertaken by the company in Mumbai city as per the strategic expansion plan of the company. 

The project is poised to contribute substantially to the company's future growth and solidify its presence as a key player in the city. With this addition, the Gross Development Value of Real Estate projects of the company will be close to Rs 43,000 crore. 

Raymond Realty, a top Mumbai developer, offers premier residential & commercial properties in Thane, Bandra, & BKC.


Peers
Company Name CMP
Lodha Developers 1113.00
Prestige EstatesProj 1505.00
Dilip Buildcon 403.85
DLF 643.60
Oberoi Realty 1747.40
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