K Raheja Corp Signs Landmark ₹466 Crore Deal for Kandivali East Land Parcel

K Raheja Corp has finalized a ₹466 crore deal to acquire a 5.65-acre land parcel in Kandivali East, Mumbai, from Global E-Service Private Limited. The transaction, tied to obtaining development approvals from the BMC, will be completed in phases over five years. The agreement includes a ₹210 crore refundable, interest-free security deposit and reflects a major step in Mumbai’s real estate development sector.