INSUBCONTINENT EXCLUSIVE:
stock rose 3.12 per cent to hit a high of Rs 689.05 on BSE.
Raymond has been looking to either jointly develop a realty project on this
125-acre land or sell it in parts since early 2011, ET reported
This 20-acre plot will be the first that will be sold on an outright basis
The free-hold land parcel can potentially be utilised for residential, retail or commercial development, showed the offer documents accessed
announced the board approval for the development of 20 acres of land for residential purposes
The project was expected to be developed over a period of 5-6 years with estimated project expenditure in FY19 to be in the range of Rs 300
