Raymond Group Ventures into Mumbai Real Estate with Launch of First Project in Bandra, Aims for Over Rs 2,000 Crore Revenue

Raymond Group Ventures into Mumbai Real Estate with Launch of First Project in Bandra, Aims for Over Rs 2,000 Crore Revenue

Raymond Group Ventures into Mumbai Real Estate with Launch of First Project in Bandra, Aims for Over Rs 2,000 Crore Revenue

Raymond Group Ventures into Mumbai Real Estate with Launch of First Project in Bandra, Aims for Over Rs 2,000 Crore Revenue

Mumbai, February 20, 2024: Raymond Realty, the real estate arm of the renowned Raymond Group, has unveiled its maiden venture into the bustling Mumbai real estate market with the launch of its first project in Bandra. Named 'The Address by GS, Bandra,' this ambitious project aims to set new benchmarks in luxury living and urban development.

Spanning over 2.74 acres of prime land in Bandra East, 'The Address by GS, Bandra' is poised to be a landmark development in Mumbai's skyline. With an estimated development value exceeding Rs 2,000 crore, this project signifies Raymond Group's strategic expansion beyond its existing projects in Thane.

Commenting on this significant move, a spokesperson for Raymond Group highlighted the company's vision for growth and its commitment to delivering exceptional living experiences. "This project marks a pivotal moment for Raymond Realty as we step into the vibrant Mumbai real estate market. We are confident that 'The Address by GS, Bandra' will not only redefine luxury living but also contribute significantly to the urban landscape of Mumbai," stated the spokesperson.

Strategically located with seamless connectivity to key destinations such as Bandra-Kurla Complex and the Bandra-Worli Sea-Link, the project promises unparalleled convenience for its residents. Boasting a diverse mix of 2, 3, and 4 BHK apartments, along with an array of 30 amenities and a sprawling 16,000 sqft clubhouse, 'The Address by GS, Bandra' aims to cater to the discerning tastes of modern urban dwellers.

This foray into Mumbai's real estate market is part of Raymond Group's broader strategy to engage in joint development agreements (JDAs) across the Mumbai Metropolitan Region (MMR). With its rich legacy of excellence and a commitment to innovation, Raymond Group aims to elevate the standards of urban living through visionary projects like 'The Address by GS, Bandra.'

As Raymond Realty sets its sights on transforming Mumbai's skyline, anticipation mounts for the unveiling of 'The Address by GS, Bandra' – a testament to Raymond Group's unwavering commitment to excellence in real estate development.

 

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