Bangalore-based RMZ Corporation announced its decision to become an alternative asset owner. By 2029, the company aims to quadruple its rent-yielding real estate activities to USD 42 billion.

According to sources, the Canada Pension Plan Investment Board (CPP Investments) and RMZ Corp will develop a commercial project on a 15-acre plot of land at JVLR in Mumbai, where the famous Kamalistan Studio is located.