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Elections 2026Mumbai / The Economic Times
Raymond Realty has signed a joint development agreement for a luxury housing project. This new venture in Parel, Mumbai, has an estimated revenue potential of Rs 8,500 crore. The company continues its expansion through an asset-light, partnership-led approach. This marks Raymond Realty's eighth joint development project within Mumbai city. The project aims to add another landmark to Raymond Realty's growing portfolio.
A powerful nor'wester storm ravaged Bhubaneswar on Saturday evening, claiming one life and uprooting over 200 trees. High winds, reaching 100 kmph, also caused significant damage to trade fair stalls and electrical infrastructure. The storm brought a dramatic temperature drop, and authorities are warning of continued thunderstorm activity.