Raymond Realty to Raise ₹210 Cr from ICICI Prudential AMC Fund

Raymond Realty's wholly-owned subsidiary, Ten X Realty West Limited, has secured a financial investment of ₹210 Crore from ICICI Prudential Real Estate Development Fund, a Category II alternative investment fund managed by ICICI Prudential AMC Limited. This capital infusion will be jointly invested in Ten X Realty West Limited to facilitate the redevelopment of a project in the MMR region. The investment aims to accelerate Raymond Realty's asset-light expansion strategy and enhance high-value project delivery in premium Mumbai micro-markets. Raymond Realty's total portfolio now stands at approximately ₹52,000 Crore in Gross Development Value (GDV).