Raymond Realty Aims for Strong FY26 with Premium and Ultra-Luxury Launches

Thane-based Raymond Realty is gearing up for a strong finish to FY26 and a promising growth trajectory over the next few years, backed by a significant expansion in its launch pipeline and a strategic push into the premium and ultra-luxury segments.

Harmohan H Sahni, MD and CEO of Raymond Realty, is confident of achieving a 20% growth in pre-sales over last year's performance, targeting the ₹3,000-crore mark. This ambitious goal comes on the heels of the company's FY25 figure of ₹2,300 crore in pre-sales.

A significant portion of Raymond Realty's optimistic outlook is attributed to the pace of new launches. The company has already achieved pre-sales of ₹760 crore in the first half of FY26. The second half of the fiscal year is expected to be even more robust, with most project launches strategically scheduled for this period.

The company's expansion pipeline spans multiple price categories across Mumbai and Thane. In the ultra-luxury segment, Raymond Realty has launched the Invictus by GS project in BKC, an ultra-luxury residential development on a 2-acre land parcel. This project carries an estimated revenue potential of ₹2,000 crore and is expected to make a substantial contribution over the next four to five years.

In addition to the BKC launch, Raymond Realty has another Invictus by GS project in Thane. In the premium segment, the company has already launched the Address by GS project in Thane, with more mid-segment launches planned under its Ten X brand.

Further bolstering its growth strategy, Raymond Realty has scheduled additional projects in Wadala and Sion for the fourth quarter. These projects are expected to match the scale and revenue potential of the company's other ventures.

While the ultra-luxury category remains a focus, Raymond Realty plans to prioritize premium micro-markets with steady demand and a broad buyer base. The company will be selective about entering extremely high-ticket markets with limited demand, instead focusing on locations that justify exclusivity and premium pricing.

Over the medium term, the majority of Raymond's developments are expected to fall under its premium Address by GS brand. Ultra-luxury projects will be limited to locations that align with the company's strategic vision and market dynamics.

Raymond Realty’s current market capitalisation stands at ₹3,350 crore. The company's stock is currently trading at ₹503.50 as of 11:37 am on the NSE, having declined 47% over the last year. Despite this, the company remains optimistic about its future prospects and is committed to delivering value to its stakeholders.

Raymond Realty’s strategic approach to market segmentation and project launches is expected to position the company for sustained growth and success in the highly competitive real estate market.