Raymond Realty posts 98% jump in Q2 pre‑sales, collections rise 67%

Raymond Realty reported a 98% rise in Q2 FY27 pre‑sales, reaching ₹902 crore. Collections for the quarter climbed 67% to ₹682 crore. The growth came despite the company not launching any new projects during the period. The firm attributes the surge to strong buyer interest in its existing inventory and effective marketing. In the same quarter, the firm’s cash flow improved as higher collections reduced receivable balances. Looking ahead, Raymond Realty plans to start two joint‑development agreement projects in Mahim within the current financial year. The two projects together have a gross development value of more than ₹4,100 crore. The Mahim launches are expected to diversify the company’s pipeline after a quarter of no new starts. Management said the projects will leverage the company’s brand strength and partner expertise. ## Context The pre‑sales and collection jumps show how a real‑estate firm can grow revenue even without new project launches, a pattern seen when existing stock sells well. Future Mahim projects aim to add fresh revenue streams and sustain growth beyond the current quarter.