Max had initially sought a complete waiver of the CIC, but later proposed to deposit Rs 22 crore — roughly 40% of the assessed charges — in an interest-bearing account with certain conditions.
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Gautam Singhania on luxury real estate: ‘If Raymond can make ₹16 lakh jackets, why not ₹100 crore apartments someday?’
Gautam Singhania, chairman of Raymond Group, said the company will focus on the ‘belly of the market’, ‘affordable luxury segment’ with primary focus on Mumbai
