India, June 30 -- Raymond Realty Ltd, the real estate arm of the Raymond Group, has announced that it will debut on Indian stock exchanges on July 1, following its demerger from Raymond Ltd.

Top company officials said that Raymond Realty will only pursue development deals that offer a profit margin of at least 20%.

The company stated that this listing marks a key milestone in its Raymond 2.0 transformation journey and reflects its strategy of unlocking value, similar to last year's demerger of its lifestyle business.

"The listing is aimed at unlocking shareholder value by creating a focused, net debt-free pure-play real estate entity. The strategic move will allow greater operational efficiency, sharper market focus, and enhanced inves...