Raymond Realty sets a new benchmark
Real Estate

Raymond Realty sets a new benchmark

Raymond Realty has marked a momentous milestone to celebrate the completion of TenX habitat towers, the maiden project of the group’s real estate venture. The first three towers in the project have been completed 24 months ahead of RERA timelines. This aspirational project was launched in 2019 and...

Raymond Realty has marked a momentous milestone to celebrate the completion of TenX habitat towers, the maiden project of the group’s real estate venture. The first three towers in the project have been completed 24 months ahead of RERA timelines. This aspirational project was launched in 2019 and designed by architect Hafeez Contractor. TenX Habitat is currently the tallest tower in the Thane skyline with 42 floors comprising 10 towers. The first few buyers were handed over the keys to their exquisite flats by Gautam Hari Singhania, Chairman and Managing Director, Raymond Group, who commented on the event saying; “It is a proud moment for us to have achieved this commendable feat in just three years of our operations that many established players have not been able to do so.” He also added, “We have set an industry benchmark by delivering three towers, 24 months ahead of the RERA deadline and were able to achieve this despite facing many headwinds like COVID, escalation in raw material prices among many others.” The project has been designed on principles of sustainability, modern architecture and contemporary design. Located in the heart of the city at Pokhran Road, the project offers access to social infrastructures such as schools, hospitals, malls, retail and connectivity with major arterial roads such as the Eastern Express Highway, Ghodbunder Road and Mumbai-Nashik Highway. Harmohan Sahni, CEO, Raymond Realty, commented; “Having taken on the onus to deliver a project of this size and scale amidst the backdrop of the pandemic was no easy feat. With a whole new team, labour crunch and restrictions, we geared up to this challenge to create a landmark project which is the first of its kind in the MMR region. At Raymond Realty, we constantly strive to create world-class products that set new benchmarks in the industry.”

Next Story
Infrastructure Transport

Melstarr to Launch Rs 3 Bn Aviation Training Hub in Karnataka

Melstarr Aviations Tech, a wholly owned subsidiary of Melstarr Information Technologies, has announced its entry into the aviation training sector with plans to establish a modern Flight Training Organisation (FTO) in Karnataka.The company has committed an initial investment of Rs 3 billion, making it one of the largest private sector ventures in India’s pilot training industry. According to Tarun Kashyap, Chief Operating Officer of MATPL, the first phase will see Rs 1 billion invested, with the remainder to be scaled up over the next three years.The Karnataka-based FTO will offer training o..

Next Story
Infrastructure Energy

Star Delta Wins Rs 620 Mn Transformer Order in MP

Star Delta Transformers has secured transformer supply and installation orders worth approximately Rs 619.9 million from the Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company (MPMKVVCL).The contract involves the supply, installation, testing, and commissioning of new 11 kV lines, low-tension lines using aerial bundled (AB) cable, and distribution transformer substations. Additional scope includes support infrastructure such as double and triple poles, crossings, and related works.These activities are part of the Revamped Distribution Sector Scheme (RDSS), specifically under the Feeder Separ..

Next Story
Infrastructure Urban

UP to Host BrahMos Missile Plant, Boosting Defence Output

Developed through a joint venture between India’s Defence Research and Development Organisation (DRDO) and Russia’s NPO Mashinostroyeniya, the BrahMos supersonic cruise missile forms a vital component of India’s defence capability. With the upcoming inauguration of a dedicated production unit in Lucknow, Uttar Pradesh is poised to become a central hub for BrahMos manufacturing.Defence Minister Rajnath Singh is set to inaugurate the facility on 11 May. The plant, worth Rs 3 billion, will have the capacity to produce between 80 and 100 missiles annually. The foundation stone for the unit w..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?