India, July 15 -- Raymond Realty announced that it has signed a Joint Development Agreement (JDA) to develop a prestigious residential project in a prime location of Parel, Mumbai marking its foray in South Mumbai.This landmark project carries an estimated Gross Development Value (GDV) of approximately Rs. 8,500 crore, making it the largest project undertaken by the Raymond Realty outside its flagship Thane land parcel to date. It also represents Raymond Realty's 8th Joint Development project in Mumbai city, reaffirming the strong momentum behind the Company's strategic expansion plan.The development gives Raymond Realty a premier opportunity to construct an iconic, large-scale residential project in the heart of the city, offering unparall...