Raymond Realty Launches Ten X District 9: A ₹2,000 Crore Residential Haven in Thane
Raymond Realty has officially launched Ten X District 9, a landmark 9-acre residential development in Thane, with an estimated revenue potential of ₹2,000 crores. This project represents a major step in the company's strategic expansion and is positioned as 'Thane's Next-Gen Oasis.' The development is designed to offer a premium living experience with a focus on green spaces, premium amenities, and strategic connectivity.
Ten X District 9 is a comprehensive residential ecosystem featuring over 5 acres of landscaped open spaces and more than 75 lifestyle amenities. The project offers 2-bedroom residences ranging from 600 to 820 sq. ft., meticulously designed for spatial efficiency and natural light. The development includes two expansive clubhouses, each approximately 15,000 sq. ft., equipped with premium facilities such as a gymnasium, spa, mini theatre, banquet spaces, and sports facilities like squash and badminton courts.
One of the key highlights of Ten X District 9 is 'Park Street,' a 45,000 sq. ft. high-street retail boulevard. This boulevard brings premium dining and essential retail directly to residents' doorsteps, creating a self-contained community environment. The project also offers exceptional connectivity, being just 0.5 km from the Eastern Express Highway and 3 km from Thane Railway Station. Future-ready access is ensured through proximity to upcoming Metro Lines 4, 4A, and 5, the planned Thane-Borivali twin-tube tunnel, and the Samruddhi Mahamarg.
Harmohan Sahni, CEO of Raymond Realty, commented, 'The Ten X District 9 reflects our vision of building integrated ecosystems that anticipate the needs of tomorrow's homeowners. Thane is no longer just a suburb; it is a premier residential destination driven by massive infrastructure tailwinds.' The development aligns with Indian Green Building Council (IGBC) sustainability standards, reinforcing Raymond Realty's commitment to environmentally conscious development. The project has received RERA approval and marks another milestone in the company's growing portfolio across the Mumbai Metropolitan Region.
Raymond Realty's strategic focus on joint development arrangements continues to be a key component of its expansion methodology in the metropolitan real estate market. With this addition, the Gross Development Value of Real Estate projects of the company will be close to Rs. 43,000 crores. This seventh joint development project reinforces Raymond Realty's strategic approach to growth through partnerships in Mumbai, particularly strengthening its foothold in the Western Suburbs market.
The project is poised to contribute substantially to the company's future growth and solidify its presence as a key player in Mumbai's competitive real estate landscape. Raymond Realty's consistent focus on joint development arrangements continues to be a key component of its expansion methodology in the metropolitan real estate market.
