Ten X Realty East, a step-down subsidiary of textile and clothing company Raymond (NSE:RAYMOND, BOM:500330), has entered into joint development agreement for a residential project at Wadala in Mumbai, according to a Tuesday filing to the Indian stock exchanges.
The project is estimated to have a gross development value of about 50 billion Indian rupees.
With the new project, the company's real estate projects gross development value will near the 400 billion-rupee-mark.
Shares of the company were down over 1% in recent trade.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。