NSEPress Release5d ago · 26 Oct 2026, 05:13 pm
Press Release
Raymond Realty Limited · RAYMONDREL
✦ AI Summary▲ PositiveFundraise
Raymond Realty Limited has informed the Exchange regarding a press release dated October 26, 2026, titled 'Raymond Realty's Ten X Realty West to raise ₹210 Crore from a Real Estate AIF managed by ICICI Prudential AMC Limited'. The company will jointly invest in Ten X Realty West Limited, a wholly owned subsidiary, for facilitating the redevelopment of one of its projects in the MMR region.
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Growth Catalyst8/10
Governance Concern2/10
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Market Sentiment8/10
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Full Announcement
Raymond Realty Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "Raymond Realty s Ten X Realty West to raise ₹210 Crore from a Real Estate AIF managed by ICICI Prudential AMC Limited".
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RAYMOND REALTY LIMITED
RRL/SE/26-27/73
October 26, 2026
The Department of Corporate Services – CRD, National Stock Exchange of India Limited,
BSE Limited, Exchange Plaza, 5th Floor,
P.J. Towers, Dalal Street, Bandra-Kurla Complex,
Mumbai - 400 001. Bandra (East), Mumbai - 400 051.
Scrip Code: 544420 Symbol: RAYMONDREL
Dear Sir/Madam,
Sub: Raymond Realty Limited: Intimation under Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 – Press Release.
Ref: Raymond Realty Limited (ISIN: INE1SY401010).
Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015 (‘SEBI Listing Regulations’), we enclose herewith the Press Release –
“Raymond Realty’s Ten X Realty West to raise ₹210 Crore from a Real Estate AIF
managed by ICICI Prudential AMC Limited”
This information shall also be made available on the website of the Company i.e.
www.raymondrealty.in in terms of Regulation 30 and 46 of the SEBI Listing Regulations.
Kindly take the same on record and acknowledge.
Thanking You,
Yours faithfully,
For Raymond Realty Limited
(formerly known as Raymond Lifestyle Limited)
Hiren Sonawala
Company Secretary
Encl: a/a
Regd. Offic e: Jekegram, Pokhran Road No.1, Thane (W)- 400 606.
CIN: L41000MH2019PLC332934 | Tel.: +91 22 6837 3700 | Website: raymondrealty.in | Email ID: raymondrealty.corporate@raymond.in
Raymond Realty’s Ten X Realty West to raise ₹210 Crore from a Real
Estate AIF managed by ICICI Prudential AMC Limited
● ICICI Prudential Real Estate Development Fund, a Category II alternative investment
fund to invest Rs 210 Crore
● Raymond Realty and ICICI Prudential Real Estate Development Fund, in its capacity
as a financial investor, to jointly invest in Ten X Realty West Limited, a wholly owned
subsidiary of Raymond Realty, for one of its Project in the MMR region. Ten X Realty
West Limited to undertake redevelopment of the Project.
● Capital infusion to accelerate Asset-light expansion and fuel high-value project
delivery across premium Mumbai micro-market.
Mumbai, 26th October 2026: Ten X Realty West Limited, a wholly owned subsidiary of
Raymond Realty, one of India’s fastest-growing real estate developers, and part of the
iconic Raymond Group, announced that it has agreed to secure a financial investment of
Rs 210 Crore), from ICICI Prudential Real Estate Development Fund.
The ICICI Prudential Real Estate Development Fund, is a scheme of ICICI Prudential Real
Estate AIF, a Category II AIF and represented by its investment manager, ICICI Prudential
AMC Limited.
Raymond Realty and ICICI Prudential Real Estate Development Fund, in its capacity as a
financial investor, will jointly invest in Ten X Realty West Limited, a wholly owned
subsidiary of Raymond Realty, as per the terms of the definitive documents, for
facilitating the redevelopment for one of its projects in the MMR region.
Commenting on the development Harmohan Sahni, Managing Director & CEO,
Raymond Realty said “The proposed financial investment by ICICI Prudential Real
Estate Development Fund marks a defining milestone in Raymond Realty’s growth
trajectory across the Mumbai Metropolitan Region (MMR). By combining the century-
long Legacy of trust, excellence & quality of the Raymond Group with a highly
disciplined, asset-light strategy, we are uniquely positioned to unlock massive value in
Mumbai's most premium micro-markets. This investment allows us to scale rapidly,
optimize capital efficiency, and accelerate project timelines while staying firmly
committed to our core promise of sharp execution and delivering long-term value to our
stakeholders.”
Raymond Realty continues to cement its position as one of the Mumbai Metropolitan
Region’s (MMR) fastest-growing developers. The Total portfolio is now ~ ₹52,000 Crore
in Gross Development Value (GDV), reflecting a diversified and high-growth asset base
across the MMR.
The Company has successfully executed the strategic pivot to the Asset light Joint
Development Agreement (JDA) model. The JDA portfolio now comprises eight projects
with a combined revenue potential of ~ ₹27,000 Crore, approximately 52% of the overall
GDV as on date.
About Raymond Realty
Raymond Realty Limited is one of India’s fastest-growing real estate developers, headquartered in Mumbai
and part of the iconic Raymond Group. Bringing the Group’s century-long legacy of trust, quality, and
excellence into the real estate sector, Raymond Realty is a focused, pure-play branded real estate
developer with a strong presence across the Mumbai Metropolitan Region (MMR). Since its foray into real
estate in 2019, the company has already carved position amongst the Top 10 Real Estate players in the
country and delivered landmark residential and commercial projects characterized by superior design,
timely execution, and customer-centric innovation. With iconic aspirational, premium, and super
premium residential brands (TenX, The Address by GS and Invictus by GS), 100 acre owned land and 8
Joint Development Agreements, the company currently has an estimated gross development value of
approximately ₹520 billion.
About Raymond Group:
Raymond Group is a diversified Indian conglomerate with a presence across Engineering, Aerospace,
Defence, Automotive, Real Estate and Lifestyle, through its three listed entities — Raymond Limited,
Raymond Lifestyle Limited and Raymond Realty Limited. The Group is transforming into a new-age
enterprise, building businesses with strong technology, manufacturing capabilities, execution excellence
and long-term growth potential. Raymond Limited is focused on Engineering, Aerospace, Defence and
Automotive businesses, with capabilities spanning precision engineering, aerospace components,
automotive components and defence applications, serving leading global and Indian customers.
Raymond Realty Limited is a focused real estate developer with a strong presence across the Mumbai
Metropolitan Region, developing large-scale residential and commercial projects with an estimated gross
development value of approximately ₹52,000 crores. Raymond Lifestyle Limited is one of India’s leading
integrated players in branded apparel, premium fabrics and garmenting, with a retail presence across 600
+ cities and 1,600+ stores. Built on a legacy of Trust, Quality and Excellence, Raymond is leveraging its
strong heritage, manufacturing capabilities and consumer franchise to create a diversified group
positioned for the next phase of growth across Engineering, Aerospace, Defence, Automotive, Real Estate
and Lifestyle.
To know more, visit us today at https://raymondrealty.in/
For further information, please contact:
Shalini Singh
Head Corporate Communications
Raymond Group
Tel: 022 6152 7624
Email: Shalini.singh@raymond.in