Realty Stock Gains 2% After Signing Rs 8,500 Crore Mumbai Project JDA

Raymond Realty Limited signed a Joint Development Agreement for a premium residential project in Parel, Mumbai.

The project has an estimated Gross Development Value of approximately Rs 8,500 crore.

Raymond Realty's total portfolio GDV now stands at around Rs 52,000 crore.

The stock gained 2% following the announcement.