Raymond Realty, the real estate arm of Raymond Group, on Tuesday announced the launch of its first project outside Thane ‘The Address by GS, Bandra’. This strategic move followed the company’s plan for expansion beyond Thane through joint development agreements (JDAs) in MMR region. As the name suggests, this development is inspired by the success of its Thane flagship project ‘The Address by GS’ which is set to be delivered two years ahead of its timeline.
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The Address by GS, Bandra’ project spreads over an area of 2.74 acres, offering a gated community in Bandra East with connectivity to prime locations like Bandra-Kurla Complex, Bandra-Worli Sea link along with the rest of the city. The project will offer a diverse mix of 2, 3, and 4 BHK apartments along with 30 world class amenities including a 16000 square feet state-of-the-art clubhouse. Additionally, the residential project will have an exclusive high-street retail space amongst other amenities that aim to provide residents with an excellent living experience. Raymond Realty said that the project promises substantial economic returns, with projections indicating a revenue generation over Rs 2000 crore.
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Gautam Hari Singhania, Chairman and Managing Director, Raymond Group, said, “The Address by GS, Bandra is a significant milestone in our growth journey as this is our first project beyond Thane. This project aims to provide the joy of luxury living in a gated community with world class amenities in a prime location like Bandra East which also provides excellent connectivity to locations like BKC, domestic and international airports. In addition to the success of our previous projects, The Address by GS, Bandra will further expand and solidify our commitment to provide premium living spaces that exceed the expectations of our discerning customers.”
