The firm is looking to set up a platform for the new asset class and has already lined up seed assets for the first phase, in which it plans to build 4.5 million sq. ft. "RMZ has already acquired around 3 million sq. ft. of land for its new venture and is expected to further tie up the remaining land in the coming months," said people aware of the matter. The new initiative will be led by Sidharth Menda.
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