Terray Realty Launches Real Estate Mandate and Advisory Firm in Bengaluru
Bengaluru, August 24, 2026: Terray Realty, a founder-led real estate mandate and advisory firm, announced its formal launch in Bengaluru on Monday to offer structured, transparent, and results-driven approaches to real estate transactions for property owners, developers, and investors.
According to a press release, the firm was founded by real estate entrepreneur Rayan Munawer, Founder & CEO of Terray Realty, who brings over two decades of industry experience spanning sales, strategy, and business development across companies including Puravankara, Mahaveer, Mantri, Cushman & Wakefield, and ITC Hotels. In his previous role, Munawer founded and scaled Houzbay, generating over Rs 2,000 crore in sales across more than 5 million square feet of inventory.
Terray Realty will partner with developers and landowners across various formats, including plotted developments, apartments, villas, row houses, bungalows, villaments, and large residential communities. The firm will manage end-to-end go-to-market functions, including market intelligence, product strategy, positioning, branding, marketing, sales, collections, and closure.
Speaking on the launch, Rayan Munawer, Founder & CEO of Terray Realty, said: “What makes the mandate-selling model revolutionary is its exclusivity. Unlike traditional brokerage models that often operate across multiple competing properties, Terray will work closely with developers to create customized sales strategies for each asset with a clear objective: to act as a trusted mandate partner. Before taking a project to market, Terray will study the land, location, competition, target buyer, product, pricing and developer’s vision to determine what the project should stand for and how it should enter the market with trust, market understanding, confidentiality, disciplined processes, professional representation and customer-first approach.”
The company stated that the mandate-selling model aims to redefine project marketing and sales by integrating strategy, outreach, and execution into a single unified ecosystem to meet the growing demand from developers for structured and tech-driven market capabilities.
