Archive · 27 May 2025
Raymond Realty CEO: Luxury Real Estate Slows, Premium Remains Strong
Imagine the real estate market like different types of houses.
The really fancy houses, or luxury market, aren't selling as fast right now.
However, the houses that are a bit less fancy, or the premium market, are still doing well.
The CEO of Raymond Realty said the luxury market is slowing down.
Raymond Realty focuses on 'affordable luxury', which is a good balance of price and quality.
They've been building their brand since 2019, and they are expanding in areas like Thane near Mumbai.
They're not trying to sell the most expensive or cheapest houses; they want to sell homes that are a good value, like a good quality mid-range phone.
Luxury real estate market shows signs of slowing down, but premium market remains strong.
Raymond Realty focuses on "affordable luxury," avoiding the very expensive and very cheap segments.
The luxury market has high inventory, but it is mainly held by reliable developers.
Thane, a developing area near Mumbai, is thriving, and Raymond Realty is expanding there.
Raymond Realty entered the real estate market in 2019 and is growing its brand.
- Who
- Harmohan Sahni, CEO of Raymond Realty.
- What
- Insights on the state of the real estate market and Raymond Realty's strategic focus.
- When
- Q4FY25 (based on investor call)
- Where
- Focus on markets like Thane and the Mumbai Metropolitan Region (MMR).
- Why
- To provide insights into the real estate market and the company's performance.
- Key Figure
- Harmohan Sahni, CEO of Raymond Realty
- Investor Call
- Q4FY25
- Raymond Realty Focus
- Affordable luxury
- Key Market Area
- Mumbai Metropolitan Region (MMR)
- Raymond Realty Entry
- 2019