Marks Creation of Pure-Play Real Estate Entity
- Real Estate arm of century-old Raymond Group to list
- Move aimed at unlocking shareholder value by creating a focused, net debt free pure-play real estate entity
Bengaluru, 30 June 2025: Raymond Realty Ltd. (RRL), the real estate arm of Raymond Group, will list on Indian stock exchanges, following its demerger from Raymond Limited. This is an important milestone for the group as it progresses with the Raymond 2.0 transformation and has demonstrated the continued value unlocking by demerging its lifestyle business last year.
The listing is aimed at unlocking shareholder value by creating a focussed, net debt free pure-play real estate entity. The strategic move will allow greater operational efficiency, sharper market focus, and enhanced investor value creation.
Speaking on Raymond’s 2.0 vision, Gautam Hari Singhania, Group Chairman, Raymond Ltd. said, “As Raymond Group steps into its next century, our focus on creating Raymond 2.0 will help us continue our legacy into a dynamic, purpose-driven and future ready enterprise reflecting our commitment to innovation, execution excellence, and nation-building. Guided by our three distinct business entities—Lifestyle, Real Estate, and Engineering, Raymond Realty is equipped with professional management team and a strong board with rich pedigree of real estate sector. As Raymond Group marks a century of its operations, we are committed to deliver exceptional customer experiences, long-term sustainable growth, and enhanced value for our shareholders.
On the milestone of listing, Harmohan Sahni, MD & CEO, Raymond Realty Ltd., said, “At Raymond Realty, we’re building more than just homes and we’re shaping India’s urban skyline. Our branded offerings, TenX, The Address by GS, and Invictus by GS, are testament to our differentiated customer-first approach across aspirational, premium, and luxury segments. With a net debt-free balance sheet, 100 acres of owned land, and a capital-efficient joint development model, we are well-positioned to sustain 20%+ annual growth and industry-leading ROCE of over 20%. This will help in further solidifying our position in Indian real estate industry.”
With its listing, RRL will be a pure-play real estate entity, backed by a ₹40,000 crore development pipeline through a 100-acre owned land bank, and a growing portfolio of JDAs and led by over 400 member strong professional management team.