Raymond Realty rapidly expands its presence in Thane with the launch of its fourth project

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Raymond Realty, the real estate arm of Raymond has expanded its presence in Thane market with the launch of its fourth project Address by GS 2.0. Having received unprecedented success in its first three projects, the launch of The Address by GS 2.0 showcases the soaring popularity of Raymond Realty as real estate developer in the MMR region. After the successful launch of first phase of The Address by GS and the recent handover of the first phase of TenX Habitat, Raymond Realty is emerging as a strong player in the real estate segment.

Speaking about the latest venture of Raymond Realty, Harmohan Sahni, CEO Raymond Realty said; “The Address by GS 2.0 is testimony to the surging popularity of Raymond Realty in Thane region. Having delivered our maiden project 2 years ahead of RERA timelines, this is yet another finest creation that is poised to set new benchmarks in the field of construction. The overwhelming success of our first edition of The Address by GS has fueled our passion to create homes that resonate with the aspirations of a new age India.”

Raymond Realty’s maiden project was TenX Habitat – an ‘aspirational district’ spread across 14 acres housing in Thane with 3,100 residential units, followed by The Address by GS. The business set a new benchmark in the real estate sector in India by delivering the first three towers of the Ten X Habitat project, two years ahead of the RERA timeline. In February 2023, Raymond Realty launched its third project, Ten X Era, in Thane and received an overwhelming response from the customers. It has received about 100 bookings within seven days of the launch, with an overall ~25% of the launched inventory being sold within a period of two months. This performance reaffirms customers’ confidence and acceptance of their high-quality product, coupled with the fast-paced construction momentum in the ongoing project. The total value of the bookings for the three projects amounted to over Rs1,600 crore during FY23.

The latest launch Address by GS 2.0 promises to uphold Raymond Realty’s conviction to Go Beyond all conventions in the real estate space. Nestled in a prime location, it presents exclusive tower-level amenities that epitomise luxury and convenience. Complementing the lavish interiors with modern amenities is a three-acre Roman-inspired landscaped podium, artfully designed to provide residents a serene oasis in the midst of bustling city. Residents will be able to experience holistic living as the premises will have wellness centers, clubhouse with latest amenities spread across 25,000 sq. ft and a 70,000 sq. ft high-street retail space.

To Learn more about The Address by GS 2.0 at https://thsr.co.in/theaddressbygs/

About Raymond

Raymond is India’s largest integrated worsted suiting manufacturer that offers end-to-end solutions for fabrics and garmenting. Over the years, Raymond has been synonymous with quality, innovation and market leadership. It has some of the leading brands within its portfolio – ‘Raymond Ready to Wear’, ‘Park Avenue’, ‘ColorPlus’, ‘Parx’, ‘Raymond Made to Measure’ and Ethnix by Raymond amongst others. Raymond has one of the largest exclusive retail networks in the country with around 1,400 stores in more than 600 towns. The group has presence in engineering space engaged in precision engineered products with an expansive presence in national as well as international markets.

Raymond forayed into realty sector through the launch of its maiden project TenX – an ‘aspirational district’ spread across 14 acres housing ~3,100 residential units and has recently launched a premium residential project – The Address by GS.

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