Deputy CM Eknath Shinde Calls For Probe After French Firm Alleges Corruption In MMRDA Projects
The Mumbai Metropolitan Region Development Authority’s (MMRDA) notice of termination for French consulting firm Systra was reversed by the Bombay High Court (HC), which referred to the ruling as “arbitrary and unfair.” The decision follows Systra’s accusations of corruption against a number of MMRDA executives in connection with Mumbai metro construction. The court directed MMRDA […]
Raymond To Develop Rs1,800 Crore Residential Project In Mahim Under Revenue-Share Model
Raymond’s real estate arm is making another big move in Mumbai’s property market! The company has signed an agreement to jointly develop a residential project in Mahim on a 2-acre land parcel through a revenue-share model. The project, undertaken by Ten X Realty West (a subsidiary of Raymond), has an estimated gross development value (GDV) […]