Raymond Realty to List on Exchanges, Forecasts Over 20% Growth

File Photo
File Photo

NEW DELHI: Raymond Realty (RRL), the real estate division of Raymond Group, is set to debut on Indian stock exchanges after its demerger from Raymond.

The goal of this listing is to enhance shareholder value by forming a focused, debt-free real estate entity.

Harmohan Sahni, MD & CEO of the company, stated, “Our net debt-free balance sheet, ownership of 100 acres of land, and a capital-efficient joint development model position us for sustainable annual growth of over 20% and an industry-leading ROCE exceeding 20%.”

RRL operates under three residential brands: TenX, The Address by GS, and Invictus. The company holds 100 acres of land and has initiated six joint development agreements, with an estimated gross development value of around ₹400 billion.

  • Published On Jul 1, 2025 at 08:51 AM IST

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