Raymond Realty eyes higher sales, launches in FY26

The real estate company left Raymond Ltd on May 1st and will list it as an independent asset.

Mumbai -based Raymond Realty on the hour La25 In the financial year, it aims to sell 2,300 Crore and at least 20% this year. In addition, a 20% return of the capital used is expected.

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At the end of the FY26, Raymond plans to launch six projects in the suburban Than, where Raymond has about 100 acres and in Mumbai Metropolitan Region (MMR) – Wadala, Sion, Mahim and Bandra.

The developer currently has six projects under execution.

Raymond Realty’s housing portfolio, which combines the projects under execution and combines the ones to be released, has gross development value (GDV) La40,000 crore. Projects worth this La25,000 CRORE GDV would only be at Thana. The remaining projects La15,000 CRORE GDV MMR.

Raymond Realty CEO Harmohan Sahni, in an interview, “We will double our sales and portfolio dimension in the next 3-4 years. As a company, we are trying to solve the two things in the sector – We want to focus on the quality of the projects and timely delivery and started our own facility management management management.” He said.

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Demerger will unite the group’s real estate business under a single asset, which will further reveal the firm’s potential of pure game property development vertically.

The company will sell it in a wide price range La20,000-65,000 per square meter, and it does not want to sell it under it or in the UBER luxury category.

“We will not descend yet La20,000-22,000 per square meter. We will not dilute the brand and it is not a sensitive market at this price, “he added.

MMR, the most valuable real estate market in India, stands as one of the leading contributions to Pan-India launch and sales.

Most of the projects signed by Raymond Realty are redevelopment projects. The new signed projects in Mahim and Wadala are a Maharashtra housing and field development authority (MHADA) and redevelopment of a slum.

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Sahni, “Since the capital is productive, we will continue to follow a light model by signing projects through a joint development route.

Beyond Mumbai, the company is investigating project opportunities to enter the Pune Real Estate Market.

Uz We are chosen for the agreements we want to sign, ”he added.

Among the best cities, MMR witnessed 155,335 sales in 2024, almost the same as 2023. Pune was sold about 81,090 units. Anarock Real Estate Consultants said that the two Western markets led to housing sales last year.