Mumbai: In 2022, three stalwarts of the real estate industry—Rajesh Patel, Anil Mutha, and Hiren Chheda—united to form Mextech with a vision to create world-class real estate developments by combining their expertise, experience, and a passion for excellence. Mextech brings together accomplished professionals who, despite maintaining a low profile, have collectively delivered over 5 million sq. ft. of exceptional projects that have redefined industry standards.
Rajesh Patel, the understated yet most experienced of the trio, leads RRC Ventures as a second-generation developer. Over the past four decades, RRC Ventures has developed over 70 large-scale projects, spanning more than 50 million sq. ft., for prestigious developers such as the Hiranandani Group, Piramal Group, and Brookfield Properties. Known as the “Execution Genius” for his expertise in high-quality construction and timely delivery, Rajesh Patel and RRC Ventures have been integral to the execution of iconic developments such as Hiranandani Gardens, Powai, and Hiranandani Estate, Thane.
Anil Mutha, under his company Nandivardhan, transitioned from a jeweller to a visionary developer two decades ago. His flagship project, Maansarovar, a luxury residential tower in Thane’s Panchpakadi, showcases his focus on elegance and exclusivity. With over 20 premium residential projects spanning Thane and South Mumbai, Anil has emerged as a true “Connoisseur of Luxury” in the real estate market.
Hiren Chheda, often referred to as the “Commercial Czar of Thane,” brings nearly two decades of expertise in commercial real estate through his brand, Ekatva. He has played a pivotal role in transforming Wagle Estate into a thriving commercial hub, delivering premium projects like Centrum and Opal Square, celebrating their superior construction and high rental yields.
Mextech’s first project is a 7-acre luxury development near Pokhran Road 2, Thane. With all approvals in place, the company began construction in 2023. Conscious of how they wanted to position their brand, the developers chose to focus on project execution without engaging in open market sales—a bold move that highlights their financial strength and long-term vision.
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Seeking a sales partner, Mextech found their match in Royalti, a boutique real estate consulting firm led by Naresh Menghrajani. Specializing in high-value residential and commercial sales, Royalti has executed 2,500 deals worth Rs. 3,000 crores and has been recognized as the #1 partner for Hiranandani Group and Raymond Realty. Recently, Royalti set a record by selling 54 luxury apartments worth Rs. 200 crores in just three days during the launch of Oberoi Garden City, Thane.
It wasn’t just Royalti’s impressive credentials that appealed to Mextech—it was the conviction and commitment of Naresh Menghrajani, whose alignment with Mextech’s vision and values secured the partnership.
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