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RMZ Corp is one of the largest real estate developers in India with over 20 million square feet of prime real estate developments built since its inception in 2002. RMZ’s expertise in development of Commercial Office spaces has propelled us to expand our horizon and embark on developing state of the art Residential, Retail and Hospitality spaces.
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Equinox deal may be completed by Month end @rmz_corp @the economic times
Equinox Deal may be Completed by Month-end
The proposed deal between RMZ and Essar Group for the latter's 1.2million sq ft Equinox Business Park in Mumbai is likely to be concluded before December end report Kailash Babar & Sobia Khan. “We will conclude the transaction before December end,“ RMZ's chairman Raj Menda told ET. An Essar Group spokesperson did not respond to calls and text message. In August, ET had reported that RMZ is in advanced stage to acquire 50% stake this commercial complex near BKC for ` . 550-600 crore. As part for the arrangement between both the parties, Essar may sell more stake in the complex to RMZ later.
Article Courtesy: The Economic Times