Image Source: The Economic Times
Raymond Realty will take a giant stride in FY26 with the inauguration of six housing projects worth Rs 14,000 crore in the Mumbai Metropolitan Region (MMR). The major expansion is coinciding with the rollout of the company listing on Indian exchanges on July 1, after a strategic demerger from Raymond Ltd.
Highinterest releases and strategic updates:
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The six new projects will include a combination of luxury and premium segments, with the price per unit ranging between Rs 2 crore and Rs 20 crore.
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Gross development value of the company stands at Rs 40,000 crore with Rs 10,500 crore worth of projects already under implementation.
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Raymond Realty has completed two residential projects and has six in progress, which reflects a good delivery track record.
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The demerger, which takes effect from May 1, 2025, makes Raymond Realty an independent real estate company, enabling greater focused attention to growth and capital deployment.
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Eligible shareholders of Raymond Ltd will be issued one share of Raymond Realty for every share held under the scheme of arrangement.
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Market positioning and expansion opportunities:
The company is actively working towards joint development agreements to acquire additional land in MMR and has identified Pune as its third growth location.
With 45 percent revenue growth in FY25 and property sales of Rs 2,314 crore, Raymond Realty is leveraging brand equity and strong demand to grow operations.
The offering should unlock value and appeal to real estateoriented investors to access India's urban housing growth.
Sources: Rediff Money, Economic Times
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