K Raheja Corp, a realty firm, has announced that its housing arm has recently sold properties worth INR 1,100 crore ($149 million) in its luxury residential project at South Mumbai during the March quarter. K Raheja Corp Homes, the residential business of K Raheja Corp group, delivered a record-breaking, pre-formal launch sales revenue of INR 1,100 crore through its single project Raheja Modern Vivarea in under 90 days, in the fourth quarter of the last fiscal year, the company said in a statement. Raheja Modern Vivarea, located in Mahalaxmi Micro-market, was launched in the last quarter of FY23 and will comprise only two towers. The demand for luxury residential properties has surged during the last two years.
K Raheja Corp Sells Luxury Homes Worth Rs 1,100 Cr in Single Project in March Quarter
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