HNI

K Raheja Corp Homes, the residential development arm of Realty developer K Raheja Corp, has entered into an agreement to build a luxurious housing project covering 1 million sq ft on a prime 3-acre parcel of land in South Mumbai's Mahalaxmi neighborhood. The project will be developed via an agreement for the sale of the land, which is currently owned by Modern India, a company with interests in infrastructure, power generation, and real estate. Under the deal, Modern India, promoted by the Jatia family, will receive a share of the sales revenue as consideration for the sale of the land.…