Ten X Realty signs agreement of redevelopment of residential project in Mumbai.

Ten X Realty Limited, the step-down wholly owned subsidiary of Raymond Limited, has recently signed a binding term sheet for joint redevelopment of residential project in the western suburban district of Mumbai. The project is estimated to have, in aggregate, revenue potential of around Rs. 2,000 crore* over a period of next 5 years. This is in line with the Company's growth plan to expand its Realty horizons beyond Thane.

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