Ramky Estates makes Mumbai debut with 1.5-acre land deal

14 May 2025 CW Team

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.

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