Raymond Realty says Q2 pre-sales nearly doubled on no new launches
In short
Raymond Realty said its Q2 pre-sales nearly doubled even though it did not launch any new projects. The company also got an Occupation Certificate for The Address by GS Season 1 Tower in Thane, which has 270 units.
The certificate came about 18 months earlier than the company’s RERA timeline estimate of March 2028. The report says it is on track to meet guidance, but the full figures are not stated.
What the reporting says
Raymond Realty reported in its Q2 update that pre-sales nearly doubled despite no new launches, according to the publisher summary. The company also received an Occupation Certificate for The Address by GS Season 1 Tower in Thane, which has 270 units and came about 18 months ahead of its RERA timeline estimate of March 2028. The reporting says the company is on track to meet guidance, but no detailed numbers are provided.
Why it matters
Raymond Realty’s Q2 update says pre-sales nearly doubled without new launches, and it received an Occupation Certificate for The Address by GS Season 1 Tower in Thane. The tower has 270 units and the certificate arrived about 18 months ahead of the RERA timeline estimate of March 2028. The reporting suggests execution progress for the project, but exact pre-sales figures and guidance details are not stated.