World · India Bureau
Raymond Realty doubles Q2 pre-sales to ₹902 crore amid strong demand
The Mumbai-based real estate developer reported a 98% surge in pre-sales during the second quarter of FY27, while collections climbed 67% to ₹682 crore, signalling robust buyer interest in the residential segment.
LSN India ·
Raymond Realty has posted strong financial metrics for the July-September quarter, with pre-sales nearly doubling to ₹902 crore compared to the same period last year. The growth reflects sustained demand in the residential real estate market, particularly in premium segments where the developer operates.
Collections during the quarter rose 67% to ₹682 crore, demonstrating improved cash flow from existing projects. The company achieved these gains without launching any new projects during the quarter, indicating that demand was driven primarily by ongoing developments and inventory from previous launches.
The performance underscores the strength of India's residential real estate market, where developers have benefited from healthy buyer sentiment and sustained interest in quality housing. Raymond Realty's results suggest that premium residential properties continue to attract investment across major metros where the company maintains its presence.
The developer's focus on pre-sales conversion and collection efficiency has enabled it to maintain momentum in a competitive market. The company is expected to announce further project launches and growth initiatives as it progresses through the financial year.