A Jumabhoy property launch after more than a decade

[SINGAPORE] The Jumabhoy family that founded Scotts Holdings is marking a new chapter in its storied existence, after third generation members teamed up for the first real estate project under the family banner in more than a decade.

Led by siblings Iqbal, Asad and Mimi Nassem Somjee, the third-generation Jumabhoys have launched Raffles Park, a $75 million project in Bangalore, under Raffles Residency, which they founded and own.

The project marks the first time they have banded under the Jumabhoy family name for a property development since the family's exit from Scotts Holdings in the late 1990's.