Royal India Corporation invests Rs 450 crore on a residential project
Tue, Apr 23, 2024 12:04 PM

Royal India Corporation invests Rs 450 crore on a residential project

A Flip by Shubhangi Gupta
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Royal India Corporation (RICL) looks to generate revenue of Rs 175 crore from its Kalyan Marina project situated in Kalyan, Maharashtra. The company has invested Rs 450 crore in the project spread across 2.2 acre plot. It has development potential of five lakh sq ft. Sunder Iyer and Mangal Keshav's family offices are key investors in this venture.

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