Raymond Realty's TenX Habitat Phase 1 awarded IGBC Silver certification
- TenX Habitat Phase 1 awarded IGBC Silver Green Homes Certification
- Project spans 14 acres with 3,000+ homes delivered ahead of RERA timelines
- Features include 5-acre landscape, 1,500+ trees, and extensive amenities
- Raymond Realty reports estimated gross development value of ₹520 billion
*this image is generated using AI for illustrative purposes only.
Raymond Realty announced on August 25, 2026, that its TenX Habitat Phase 1 residential development in Thane has been awarded the Silver rating by the Indian Green Building Council (IGBC). The certification validates the project’s performance in sustainable site planning and energy efficiency.
The IGBC Green Homes Rating System evaluates residential projects across parameters including water harvesting, eco-friendly materials, and indoor environmental quality. This recognition provides third-party validation for homebuyers regarding reduced utility costs and a minimized carbon footprint.
Project Execution and Scale
Raymond Realty has delivered more than 3,000 homes at TenX Habitat ahead of Real Estate Regulatory Authority (RERA) timelines. The gated community spans 14 acres and features a 5-acre central landscape with over 1,500 trees.
The development includes a 25,000 sq. ft. clubhouse and a 1,00,000 sq. ft. rooftop sporting facility. It offers connectivity to the Eastern Express Highway, Ghodbunder Road, and the Mumbai–Nashik Highway.
| Feature | Details |
|---|---|
| Certification | IGBC Silver Green Homes |
| Location | Pokhran Road, Thane |
| Land Area | 14 acres |
| Homes Delivered | 3,000+ |
Sustainability Focus
Harmohan Sahni, Managing Director and CEO of Raymond Realty, stated that sustainability guides every decision from site selection to construction. He emphasized that growth must come with responsibility to create enduring value for residents and the environment.
Company Overview
Raymond Realty is a pure-play branded real estate developer part of the Raymond Group. Since entering the sector in 2019, the company has developed an estimated gross development value of approximately ₹520 billion. Its portfolio includes owned land of 100 acres and eight joint development agreements.
Historical Stock Returns for Raymond Realty
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.20% | +9.45% | -15.58% | +53.05% | -5.18% | 0.0% |
How might the IGBC Silver certification influence pricing premiums and sales velocity for TenX Habitat Phase 2 compared to non-certified competitors in Thane?
What is Raymond Realty's roadmap for achieving higher IGBC ratings (Gold or Platinum) in its upcoming joint development projects?
Could this sustainability milestone accelerate institutional investor interest in Raymond Realty's REIT pipeline or debt financing options?
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