Raymond Realty gains on launching residential development 'Ten X District 9' in Thane
Raymond Realty is currently trading at Rs. 393.40, up by 1.65 points or 0.42% from its previous closing of Rs. 391.75 on the BSE.
The scrip opened at Rs. 390.05 and has touched a high and low of Rs. 397.70 and Rs. 380.55 respectively. So far 6097 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1055.20 on 01-Jul-2025 and a 52 week low of Rs. 361.00 on 09-Mar-2026.
Last one week high and low of the scrip stood at Rs. 414.70 and Rs. 361.00 respectively. The current market cap of the company is Rs. 2630.99 crore.
The promoters holding in the company stood at 49.02%, while Institutions and Non-Institutions held 12.89% and 38.08% respectively.
Raymond Realty has launched Ten X District 9 in Thane, a landmark 9 Acres acre residential development designed for the next generation of urban homeowners. With an estimated revenue potential of 2,000 crore, the project integrates high-end residences, surrounded with green ecosystems, and a vibrant retail boulevard in the heart of the Mumbai Metropolitan Region (MMR).
Positioned as ‘Thane’s Next-Gen Oasis’, Ten X District 9 reimagines urban density by dedicating over 5 acres to landscaped open spaces. The development features a living space of 2-bedroom residences (600-820 sq. ft.) meticulously engineered for spatial efficiency and natural light.
Strategic connectivity remains a cornerstone of the Ten X philosophy. Situated just 0.5 km from the Eastern Express Highway and 3 km from Thane Railway Station, the project offers immediate access to Mumbai’s commercial cores. Future-readiness is ensured via proximity to Metro Lines 4, 4A, and 5, the upcoming Thane-Borivali twin-tube tunnel, and the Samruddhi Mahamarg.
Raymond Realty has designed its lifestyle-focused development in Thane to redefine the future of residential living through a dual-clubhouse ecosystem. The project features two expansive 15,000 sq. ft. social hubs equipped with a premium gymnasium, spa, mini theatre, and banquet spaces, complemented by sports facilities such as squash and badminton courts.
