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An inside look at how Gautam Singhania and his team turned around the fortunes of the diversified business group after three years of falling growth. The path ahead promises to remain challenging, though
Even as Covid-19 restrictions and escalation in the rates of housing construction material and equipment stopped several projects in Thane, Raymond Realty has completed its maiden residential project, TenX Habitat Towers, two years ahead of the RERA deadline.
By siliconindia | Tuesday, 01 June 2021, 07:25 Hrs In a measure to strengthen its executive leadership team, Raymond has appointed Harmohan Sahni as CEO of its realty business. Harmohan has been serving as the COO of real estate business of ECL Finance (Edelweiss Group) and brings in a good experience in executing projects that includes luxury housing, affordable housing, commercial and retail properties. With a 100 acre plus land parcel in the heart of Thane city, Raymond forayed into the real estate space in 2019 with its maiden project ‘Aspirational District’, which is spread over 14 acres. Since its launch, this township of 42 storeyed towers of over 3000 smart-sized homes of 1 and 2 BHKs have emerged as a preferred brand given its superior offering and affordable pricing.
Gautam Hari Singhania, Chairman and Managing Director, Raymond, said Sahni has joined the company at a critical juncture when Raymond Realty is taking strong strides and is well poised for growth