Raymond Realty, the real estate arm of the renowned Raymond Group, has made its entry into the Mumbai real estate market with the announcement of its maiden project launch. Titled ‘The Address by GS, Bandra,’ this venture marks the company’s foray into Mumbai after establishing a strong presence in Thane. The project, situated in the bustling locale of Bandra East, is poised to redefine luxury living with its exquisite offerings.
With a development value exceeding Rs 2,000 crore, ‘The Address by GS, Bandra’ is said to be a jewel in the crown of Mumbai's real estate landscape. Spanning across 2.74 acres of prime land, the project will boast a total carpet area of 0.7 million sq ft, catering to the discerning needs of urban dwellers seeking opulent yet functional living spaces.
The strategic decision to venture into Mumbai comes as part of the company's expansion plan beyond Thane, facilitated by joint development agreements (JDAs) in the Mumbai Metropolitan Region (MMR). Leveraging its expertise and experience, Raymond Realty aims to deliver unmatched quality and luxury through this prestigious project.
Strategically located in close proximity to key landmarks such as Bandra-Kurla Complex and Bandra-Worli Sea-Link, ‘The Address by GS, Bandra’ promises unparalleled connectivity and convenience.
The project will offer a diverse mix of 2, 3, and 4 BHK apartments, complemented by an array of 30 amenities and a sprawling 16,000 sq ft clubhouse, catering to the holistic lifestyle needs of residents.
In a statement, Raymond emphasised, “The residential project will feature an exclusive high-street retail space, among other amenities, designed to enhance the overall living experience for residents. With revenue projections exceeding Rs 2000 crore, this project is poised to deliver substantial economic returns.”
Expressing his enthusiasm, Gautam Hari Singhania, Chairman and Managing Director of Raymond Group, remarked, “‘The Address by GS, Bandra’ marks a significant milestone in our growth trajectory. This project epitomises luxury living in a gated community with world-class amenities, strategically located in the prime locale of Bandra East.”
Providing insights into the project's specifics, Harmohan Sahni, CEO of Raymond Realty, stated, “Bandra has not witnessed a development of this scale in recent times. ‘The Address by GS, Bandra’ will comprise a 20-storey marvel, encompassing 0.7 million sqft of RERA carpet area. This redevelopment project, slated for completion by January 2030, underscores our commitment to delivering excellence.”
‘The Address by GS, Bandra’ represents a testament to Raymond Realty's unwavering dedication to crafting iconic landmarks that redefine urban living in India's commercial capital.