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Here's why Menda brothers' RMZ Corp is set to enter its next growth phase

According to the Hurun India list, the brothers improved to a joint nine this year, as compared to their ranks of 16 and 17 last year

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Raj Menda

Last Updated : Nov 26 2018 | 5:30 AM IST

Raj Menda and Manoj Menda of RMZ Corp are the only two tycoons from this city to feature in the GROHE Hurun India Real Estate Rich List for 2018, apart from Embassy Group chairman Jitendra Virwani.

However, the siblings’ journey has not been easy. Arjun Menda, their father (an IIT-Kharagpur graduate), had got into the real estate business in 1980. However, the brothers started by working with K Raheja Group, overseeing its southern operations in the late 1990s. In 2002, they parted ways with Raheja and launched RMG Corp.

It now has a presence in Bengaluru, Hyderabad, Delhi, Mumbai, Pune,

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