NEW DELHI, India – July 2, 2025 – Raymond Realty (RRL), the dedicated real estate division of the Raymond Group, is preparing for its highly anticipated listing on Indian stock exchanges. This significant corporate maneuver follows its recent demerger from the broader Raymond conglomerate, a strategic move designed to unlock and enhance shareholder value by creating a focused, debt-free entity purely dedicated to real estate.
Harmomhan Sahni, the Managing Director and CEO of Raymond Realty, expressed robust confidence in the company’s future outlook. “With a pristine, net debt-free balance sheet, a substantial 100-acre land bank that we own outright, and a highly efficient, capital-light joint development model, we are exceptionally well-positioned,” Sahni affirmed. He added that these factors will enable the company to “sustain annual growth rates exceeding 20% and achieve an industry-leading Return on Capital Employed (ROCE) of over 20%.”
The company’s operational strength is channeled through three distinct residential brands: TenX, The Address by GS, and Invictus. Beyond its owned land, Raymond Realty also boasts six significant joint development agreements, contributing to an estimated gross development value of approximately ₹400 billion. This strategic structure is designed to facilitate robust expansion and capitalize on market opportunities as an independent, publicly traded real estate firm.
