Raymond Realty to Launch Rs. 14,000 Cr Projects Post-Demerger

Raymond Realty is set to launch six new residential projects across the Mumbai Metropolitan Region (MMR) in FY 2025–26, with a sales target of Rs. 14,000 crore.

The announcement comes ahead of the company’s stock market listing on July 1, following its demerger from Raymond Ltd., which will now focus solely on engineering. CEO Harmohan Sahni emphasized the company’s deep land bank and growing footprint in key MMR micro-markets such as Thane and Mumbai. Since entering the real estate space in 2019, Raymond Realty has built a portfolio with a gross development value of Rs. 40,000 crore.

• Six MMR projects to be launched with Rs. 14,000 crore sales target
• Raymond Realty to list independently on July 1 post-demerger
• Plans for Pune entry and further land acquisition via JDAs

Of this, projects worth Rs.10,500 crore are currently in the market, with others planned for phased rollout.

The upcoming launches will include homes priced between Rs. 2 crore and Rs. 20 crore, reinforcing the brand’s reputation for premium quality and timely delivery. The company has already completed two projects and is actively constructing six more. In FY 2024–25, Raymond Realty recorded Rs. 2,310 crore in property sales, flat year-on-year, while revenue rose 45 percent to match the same figure, indicating improved project execution.

Raymond Realty is also exploring joint development agreements (JDAs) to acquire land within MMR and plans to expand into Pune using a similar asset-light strategy.

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As part of the demerger, Raymond Ltd shareholders will receive one share of Raymond Realty for each share held, following a recent spin-off of the lifestyle business. This restructuring solidifies Raymond Group’s strategy of separating its core business verticals into focused, publicly listed entities.