Raymond Realty jumps after Q2 pre-sales surge 98% YoY to Rs 902-cr
Mumbai, Oct. 5 -- The growth was driven entirely by sustained sales momentum and stable price realisations across the existing Address by GS portfolio.
The company maintained strong sales momentum and stable price realisations during the quarter despite not launching any new projects. Customer collections also increased 67% YoY to Rs 682 crore, reflecting sustained demand and execution progress across projects.
During Q2 FY27, the company received an occupation certificate (OC) for Tower B of Address by GS Season 1 in Thane. The tower comprises 270 units with a total RERA carpet area of 3,44,478 square feet. The occupation certificate was received ahead of the project's proposed RERA completion timeline of March 2028.
Raymond Realty pl...
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