Raymond Realty Wins 'Top Listed Real Estate Company' and 'Fastest Growing Listed Real Estate Company' Titles at CWAB Awards 2026
Recognition at CWAB 2026
Raymond Realty was honoured with two prestigious accolades at the 21st Construction World Architect and Builder (CWAB) Awards 2026, held as part of the Construction Technology Show 2026. The company was recognized as the Top Listed Real Estate Company of 2026 and the Fastest Growing Listed Real Estate Company of 2026 – Medium Category.
The Awards Platform
The Construction Technology Show (CTS) 2026 with the 21st CONSTRUCTION WORLD Architect & Builder Awards (CWAB) 2026, was held on August 19 and 20 at the Bombay Exhibition Centre, Mumbai. Instituted in 2006, the CONSTRUCTION WORLD Architect and Builder (CWAB) Awards have grown to become India's most prestigious recognition for the architecture and building industry. Often referred to as the 'Oscars' of the industry, these awards honor the visionaries shaping the country's skyline—the 'Top Architects', 'Top Builders', and 'Noteworthy Projects' that define innovation and excellence.
Growth Trajectory and Market Position
The accolade comes amidst the landscape of MMR real estate market undergoing a rapid transformation and buyers seeking aspirational homes at good value. Being recognized in two distinct categories underscores Raymond Realty's strong growth trajectory and its positioning as one of the most trusted names in India's listed real estate space. The recognition comes at a time of strong momentum for Raymond Realty, as the company continues to expand its residential and commercial portfolio while strengthening its position as a leading listed real estate developer operating in Mumbai.
Recent Performance
Raymond Realty Ltd reported Q1 FY27 revenue at INR 536 crore, up 37% YoY, with EBITDA rising 70% YoY to INR 70 crore. The company achieved INR 700 crore in bookings, driven by strong demand for its JDA projects and Thane developments.
The signed pipeline is ₹40,000 crore GDV, with ₹10,500 crore already launched. The company's broader strategy involves building scale within the Mumbai Metropolitan Region (MMR).
Developer Background
Since its inception in 1925, Raymond has been a renowned brand synonymous with trust, quality, and excellence. Raymond Realty is the real estate arm of the Raymond Group, formed in 2019 to monetise land in Thane. In July 2025, the company announced its debut on Indian stock exchanges on July 1 following its demerger from Raymond Limited.
Operating from an initial master-planned township in Thane, Raymond Realty rapidly expanded its footprint across the Mumbai Metropolitan Region (MMR). Its operations now encompass residential communities and integrated high-street retail developments across key micro-markets, including Thane, Bandra, Bandra Kurla Complex (BKC), Wadala, Mahim, and Sion.