This Mumbai land deal is set to become third largest in 2019
Mumbai-based luxury real estate company Runwal Group is set to buy over 2.7 acres land parcel of Rashtriya Metal Industries (RMI) at Andheri for a consideration about Rs 180 crore, sources close to the development said. Runwal has signed a memorandum of understanding with RMI to buy the land parcel that houses RMI's office and factory
![This Mumbai land deal is set to become third largest in 2019 This Mumbai land deal is set to become third largest in 2019](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2018/06/10/41263-real-estate-mumbai-reuters.jpg?itok=nI45ljxA&c=3d88f20dc352a7bf5cd2fbc4c4d30c2d)
Runwal Group, which is present in luxury residential, townships and commercial spaces, is planning to develop this plot as a mixed-use development project. Image source: Reuters