Raymond Realty's Premium Project Shines in Mumbai's Real Estate Market
Raymond Realty's 'The Address by GS' tops home sales in Bandra East, Mumbai in Q1FY25, demonstrating strong market demand for luxury offerings.
Raymond RealtyMumbai Real EstateLuxury Residential ProjectThe Address By GsBandra EastReal Estate NewsJul 27, 2024
Harmohan Sahni, CEO of Raymond Realty, attributed the success to the company's focus on timely delivery, quality, and lifestyle, which has paid rich dividends. He emphasized that Raymond Realty delivered its first project two years before the MahaRERA deadline, which has been lauded by RERA. The company's recent expansion into the Mumbai market through strategic Joint Development Agreements (JDAs) in key locations like Bandra, Mahim, and Sion has also contributed to its growth.
The project, located in Bandra East, offers a range of luxurious apartments with exceptional amenities and stunning views. 'The Address by GS' has been a key driver of Raymond Realty's growth in the Mumbai market, contributing significantly to the company's strong financial performance. Launched in 2019, Raymond Realty has etched a spot for itself among the top 9 realty players in the country, in just 5 years, making them a force to reckon with. Their maiden project TenX Realty was completed two years before the MahaRERA deadline, which is a rarety in real estate.
Raymond Realty is focused on expanding in the Mumbai Metropolitan Region (MMR) to build upon the group's legacy – of setting new benchmarks with customer centricity at the core. Their aim is to introduce a new standard of living that raises the bar on all fronts by straying from sectoral conventions. With its commitment to delivering exceptional residential experiences, Raymond Realty is poised to continue its strong performance in the Mumbai market.
Information Raymond Realty, a subsidiary of the Raymond Group, is a leading real estate developer in India. The company is known for its focus on timely delivery, quality, and lifestyle, which has enabled it to establish itself as a major player in the Indian real estate market. With its presence in key locations across the Mumbai Metropolitan Region, Raymond Realty is committed to delivering exceptional residential experiences to its customers.
Raymond Realty is a subsidiary of the Raymond Group, a leading business conglomerate in India. The company is focused on delivering exceptional residential experiences to its customers through its focus on timely delivery, quality, and lifestyle.
Frequently Asked Questions
What is the name of Raymond Realty's premium residential project in Bandra East?
The Address by GS
What was the value of units sold by Raymond Realty in Q1FY25?
Rs 291 crore
How many units did Raymond Realty sell in Q1FY25?
96 units
What is Raymond Realty's focus in the Indian real estate market?
Timely delivery, quality, and lifestyle
What is the goal of Raymond Realty in the Mumbai Metropolitan Region?
To introduce a new standard of living that raises the bar on all fronts by straying from sectoral conventions
Related News Articles
Bajaj Housing Finance IPO Listing LIVE: Market Capitalization Doubles on Blockbuster Debut
Bajaj Housing Finance shares open at Rs 150 per share with 114% premium over IPO price, market capitalization doubles on listing day
Baba Siddique: From Political Figure to Multi-Billion Real Estate Mogul
Baba Siddique, a former MLA and corporator from Bandra West, has transformed from a local political figure to a renowned real estate mogul with a net worth of over Rs 15,000 crore. Despite legal challenges, his empire continues to thrive, spanning major p
Mumbai's Property Registrations See 52% Revenue Growth in October 2024
The Maharashtra government has seen a significant boost in revenue from property registrations in October 2024, recording Rs 1,081 crore. This is a 52% increase compared to November 2023, driven by the auspicious Diwali and Dussehra festivals.
Property Registrations Surge by 22% in Mumbai During October, Reaching 12,960 Units
Property registrations in Mumbai saw a significant 22% increase in October, with a total of 12,960 units registered, fueled by the festive season demand.
Real Estate Moguls Oren and Alon Alexander Face Serious Charges, Remain Detained
A Miami judge has rejected a $115 million bail package, ensuring that real estate brokers Oren and Alon Alexander will remain in custody. The twins are facing serious charges including sex trafficking and rape.
Andhra Pradesh Achieves 68,000 Property Registrations, Generates Rs 475.44 Crore Revenue in a Week
GUNTUR: In a significant achievement, the Stamps and Registration Department of Andhra Pradesh has recorded 68,000 property registrations, generating a revenue of Rs 475.44 crore in just one week. Real estate experts believe this surge in activity reflect