In a significant move, the Mumbai-based Shapoorji Pallonji Group has announced the de-merger of its property business into a new entity called Raymond Realty. This strategic decision aims to accelerate growth and streamline operations in the competitive r
Shapoorji PallonjiRaymond RealtyReal EstateDemergerProperty BusinessReal Estate MumbaiNov 03, 2024
The Shapoorji Pallonji Group is a leading Indian business conglomerate with a history dating back to 1867. It operates in various sectors including real estate, infrastructure, engineering, and construction.
The de-merger is significant as it allows the property business to operate independently, with a dedicated management team and resources, thereby enhancing operational efficiency and attracting investment.
The main goals of forming Raymond Realty include improving focus, attracting investment, enhancing value, and streamlining operations in the real estate sector.
Potential challenges for Raymond Realty include navigating regulatory hurdles, building a strong brand identity, and managing financial risks.
The market has responded positively to the de-merger, with analysts and industry experts believing that it will strengthen the Shapoorji Pallonji Group's position in the real estate sector and create long-term value for stakeholders.
Get accurate property value estimates with Magicbricks' latest innovation, PropWorth, which covers 50,000 properties. Explore the future of real estate tech!
SJVN Ltd has signed two MoUs with the Maharashtra government for the development of Pumped Storage Projects and Floating Solar Projects, estimated to generate 8400 direct and indirect employment opportunities.
Revaa Homes, a leading real estate developer in Navi Mumbai, has launched a range of curated solutions designed to meet the diverse needs of buyers in the region. From luxury apartments to affordable housing, Revaa Homes is setting new standards in the re
Aeon & Trisl Group, renowned players in the real estate sector, have achieved a significant milestone by securing the top spot at the prestigious Emaar Awards. This recognition highlights their commitment to quality and innovation in the industry.
19 Feb 2025 2 Min Read. Mahindra Lifespace Developers (Mahindra Lifespaces), the real estate and infrastructure arm of the Mahindra Group, has signed a significant deal with Livingstone Infra for Rs 16.50 billion.
Rohit Gera, Managing Director of Gera Developments, discusses the implications of the new ready reckoner rates announced by the Maharashtra government and how they are reshaping the real estate market.