+
Ramky Estates makes Mumbai debut with 1.5-acre land deal
Real Estate

Ramky Estates makes Mumbai debut with 1.5-acre land deal

Hyderabad-based Ramky Estates & Farms has marked its entry into Mumbai’s real estate market with a 1.5-acre land deal in Chembur. The transaction was facilitated by Anex Advisory’s newly launched Capital Markets vertical, designed to support developers entering Mumbai for the first time.

The project, set for SRA redevelopment, has a potential revenue topline of ₹550 crore. Anex Advisory played a pivotal role in negotiations, technical analysis, and due diligence, ensuring the feasibility and smooth execution of the deal.

“Anex Advisory’s role was integral to ensuring a transparent and mutually beneficial deal, making us the preferred partner for Ramky’s Mumbai projects,” said Sanjay Daga, CEO of Anex Advisory.

M Nanda Kishore, MD of Ramky Estates & Farms, highlighted Anex Advisory’s support in overcoming challenges such as land titles and project planning, paving the way for site clearance. The project is in its final planning stages, with completion expected in three years.

Anex Advisory is set to continue its partnership with Ramky, offering end-to-end solutions throughout the project’s lifecycle.

Hyderabad-based Ramky Estates & Farms has marked its entry into Mumbai’s real estate market with a 1.5-acre land deal in Chembur. The transaction was facilitated by Anex Advisory’s newly launched Capital Markets vertical, designed to support developers entering Mumbai for the first time.The project, set for SRA redevelopment, has a potential revenue topline of ₹550 crore. Anex Advisory played a pivotal role in negotiations, technical analysis, and due diligence, ensuring the feasibility and smooth execution of the deal.“Anex Advisory’s role was integral to ensuring a transparent and mutually beneficial deal, making us the preferred partner for Ramky’s Mumbai projects,” said Sanjay Daga, CEO of Anex Advisory.M Nanda Kishore, MD of Ramky Estates & Farms, highlighted Anex Advisory’s support in overcoming challenges such as land titles and project planning, paving the way for site clearance. The project is in its final planning stages, with completion expected in three years.Anex Advisory is set to continue its partnership with Ramky, offering end-to-end solutions throughout the project’s lifecycle.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code