Industry leaders Rajesh Patel, Anil Mutha, and Hiren Chheda came together in 2022 to launch Mextech to deliver world-class real estate developments. Combining their vast experience, expertise, and dedication to excellence, Mextech consists of a team of seasoned professionals who, despite keeping a low profile, have completed over 5 million sq. ft. of high-quality projects that have redefined industry standards.
Rajesh Patel, the trio’s most seasoned yet understated member, heads RRC Ventures as a second-generation developer. Over the past 40 years, RRC Ventures has completed over 70 large-scale projects, totalling more than 50 million sq. ft., for renowned developers like the Hiranandani Group, Piramal Group, and Brookfield Properties. Widely recognized as an “Execution Genius” for his mastery in high-quality construction and on-time delivery, Rajesh Patel and RRC Ventures have played a pivotal role in iconic developments such as Hiranandani Gardens in Powai and Hiranandani Estate in Thane.
Through his company, Nandivardhan, Anil Mutha made a remarkable shift from being a jeweller to a visionary real estate developer two decades ago. His landmark project, Mansarovar—a luxury residential tower in Thane’s Panchpakadi—reflects his dedication to elegance and exclusivity. With a portfolio of over 20 premium residential projects across Thane and South Mumbai, Anil has firmly established himself as a true “Connoisseur of Luxury” in the real estate industry.
Hiren Chheda, known as the “Commercial Czar of Thane,” brings nearly 20 years of expertise in commercial real estate under his brand, Ekatva. He has been instrumental in transforming Wagle Estate into a vibrant commercial hub, delivering top-tier projects like Centrum and Opal Square, renowned for their exceptional construction quality and strong rental returns.
Mextech’s inaugural project is a 7-acre luxury development near Pokhran Road 2 in Thane. With all necessary approvals secured, construction commenced in 2023. In a strategic move reflecting their financial stability and long-term vision, the developers prioritized project execution over open market sales, showcasing their commitment to building a strong brand identity.
Mextech found the ideal sales partner in Royalti, a boutique real estate consulting firm led by Naresh Menghrajani. Renowned for its expertise in high-value residential and commercial sales, Royalti has successfully closed 2,500 deals worth Rs 3,000 crores and earned recognition as the top partner for the Hiranandani Group and Raymond Realty. Notably, Royalti recently set a record by selling 54 luxury apartments worth Rs 200 crores within three days during the launch of Oberoi Garden City, Thane.
While Royalti’s impressive track record played a key role in the decision, Naresh Menghrajani’s conviction and alignment with Mextech’s vision and values truly sealed the partnership.
On January 14, 2025, on the auspicious occasion of Makar Sankranti, Mextech and Royalti formalized their strategic partnership agreement. Over the following 60 days, Mextech plans to officially unveil its real estate brand and flagship project, ushering in an exciting new chapter for the company.
The luxury project aims to achieve sales exceeding Rs 1,000 crores within its first two years. Mextech seeks to develop projects valued at over a billion dollars within the next five years and is actively exploring land acquisitions and collaborations with landowners.
With Mextech’s bold vision and Royalti’s established expertise, the partnership will transform Thane’s luxury real estate landscape. Together, they aim to set new standards in product quality, design, execution, storytelling, and delivering an exceptional sales experience.
