Raymond Realty’s to raise Rs 210 Crore vaia AIF

Raymond Realty Limited’s Ten X Realty West to raise Rs 210 Crore from a Real Estate AIF managed by ICICI Prudential AMC Limited 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 centurylong 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.” Opinion : This news will have positive impact on the stock price. Disclaimer : This is not a buy sell or hold recommendation. I do not hold this stock.