Raymond Realty to Launch ₹14,000 Cr Projects in FY26; Stock Market Debut on July 1

In FY26, Raymond Realty is in the process of launching six new residential projects across the Mumbai Metropolitan Region (MMR) with a projected cumulative gross development value of ₹14,000 crore. It is in line with the company’s aggressive expansion strategy in a highly lucrative real estate sector.

“Raymond Realty shall be listed on the stock exchanges from July 1 after the demerger from Raymond Ltd,” the CEO Harmohan Sahni has confirmed.The real estate vertical is now a standalone entity, while Raymond Ltd will focus solely on engineering.

“The demerger allows us to chart an independent growth path,” Sahni said, adding that Raymond Realty has a land bank with a GDV potential of ₹40,000 crore of which ₹10,500 crore worth of projects have already been launched.

Established in 2019, Raymond Realty has developed a strong presence in Thane and Mumbai. To date, it has delivered two housing projects, while six more are under construction.

The new launches in FY26 will offer residential units priced between ₹2 crore and ₹20 crore. Sahni emphasized the company’s focus on high-quality construction and timely delivery. The firm is also exploring more land acquisitions in MMR through joint development agreements (JDAs) and plans to enter the Pune residential market using the same model.

In FY25, Raymond Realty reported property sales of ₹2,314 crore, marginally up from ₹2,268 crore in the previous year. Its revenue rose by 45% year-on-year to ₹2,313 crore, reflecting robust performance.

As part of the demerger scheme, effective from May 1, 2025, each Raymond Ltd shareholder will receive one share of Raymond Realty Ltd for every share held. The record date was set as May 14.

Raymond Group, a leader in fabric manufacturing since 1925, has gradually diversified into engineering and real estate. The group previously spun off its lifestyle business in 2024 and is now carving out its realty arm for independent growth.