The Raymond Group, under JK Investors (Bombay) Ltd, recently signed pacts worth Rs. 425 cr with the Government of Maharashtra. This would be to set up residential complex, commercial amenities, school project and sport complex in Nandgaon Peth, Amravati, the group said in a statement. As per the MoU, signed during the Magnetic Maharashtra investor’s summit, the State Government will facilitate JK Investors (Bombay) to obtain necessary permissions, registrations, approvals, clearances, fiscal incentives. The project would commence in FY 2018-19, it added.

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