Finance
Raymond Realty Secures Rs 210 Crore From ICICI Prudential Real Estate Fund
Originally reported by ET Industry as: Raymond Realty raises Rs 210 cr from ICICI Prudential Real Estate Development Fund
26 Oct 2026, 6:04 pm IST · Xecute.finance News Desk
The crisp read
Raymond Realty has raised Rs 210 crore through its subsidiary Ten X Realty West Ltd from the ICICI Prudential Real Estate Development Fund. The capital will fund a Mumbai Metropolitan Region redevelopment project to improve efficiency and speed.
Why it matters: Key for real estate investors and developers monitoring fund deployment, subsidiary financing, and urban redevelopment timelines in Mumbai.
Deep dive - the full story
Raymond Realty secured an investment of Rs 210 crore originating from the ICICI Prudential Real Estate Development Fund. The transaction is executed via Ten X Realty West Ltd, which operates as a subsidiary of Raymond Realty.
The injected capital is earmarked specifically for a redevelopment initiative located within the Mumbai Metropolitan Region. This financial partnership is designed to optimize capital efficiency and accelerate project completion schedules.
Project stakeholders should track the deployment of these funds through Ten X Realty West Ltd to observe progress on the Mumbai redevelopment timeline.
Source: economictimes.indiatimes.com
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