Raymond Realty expects pre-sales growth of 20% to 30% [1] during the fourth fiscal quarter of 2026.
This projection indicates a strong trajectory for the Indian real estate market, specifically regarding how currency fluctuations influence high-value property acquisitions. As the rupee weakens, Indian assets become more affordable for those earning in stronger foreign currencies.
Harmohan H. Sahni, Managing Director and CEO of Raymond Realty, said the company reported strong performance in the current quarter. He said that the depreciation of the rupee could boost demand from non-resident Indians and other overseas buyers.
According to Sahni, the trend makes Indian property more attractive to the NRI community, a demographic that historically provides significant liquidity to the domestic housing market. This external demand coincides with internal operational milestones, as several company projects are currently reaching maturity.
Sahni said these maturing projects are providing the necessary inventory and stability to support the projected growth of 20% to 30% [1] in pre-sales. The combination of project readiness and a favorable exchange rate creates a strategic window for the company to accelerate its sales volume.
While the broader economy faces various headwinds, the luxury and mid-tier real estate sectors often behave differently than the general retail market. The ability to attract foreign capital through currency advantages allows developers to maintain momentum even when domestic interest rates fluctuate.
“Raymond Realty expects pre-sales growth of 20% to 30% during the fourth fiscal quarter of 2026.”
The company's outlook highlights a critical intersection between macroeconomic currency trends and real estate cycles. By leveraging a weaker rupee to attract NRI capital, Raymond Realty is positioning itself to offset domestic volatility. This strategy suggests that the Indian luxury property market may become increasingly reliant on foreign-denominated inflows to drive growth as projects reach the final stages of development.
