Raymond Realty’s ‘The Address by GS’ Tops Home Sales in Bandra East
Raymond Realty, the prominent real estate player, has continued its impressive performance in the Mumbai market during the first quarter of FY25. As per IndexTap’s report, the premium residential project ‘The Address by GS’ has emerged as the leader in home sales in Bandra East, with a staggering value of units sold amounting to Rs 291 crore.
Demand for Luxury Offerings
‘The Address by GS’ has not only achieved the highest sales value but has also sold the most number of units, totaling an impressive figure of 96. Surpassing the next project on the list by more than double the number of units sold, this feat showcases the strong market demand for the luxury offerings presented by ‘The Address by GS.’
Harmohan Sahni, the CEO of Raymond Realty, attributes their success to their focus on addressing the industry’s pain points, including timely delivery, quality, and lifestyle. This customer-centric approach has positioned them as one of the top 10 real estate players in the country and the fifth largest in the Mumbai Metropolitan Region (MMR) within just five years since their inception.
Unmatched Timelines and Exemplary Project Delivery
Raymond Realty takes pride in delivering their projects well ahead of schedule. Their maiden project, TenX Realty, was completed two years before the MahaRERA deadline, earning them accolades from the regulatory authority. In the Bandra micro market alone, Raymond Realty was successful in selling as many units as the market typically sells in a year.
The recent success of ‘The Address by GS’ in Bandra East reinforces Raymond Realty’s commitment to delivering exceptional residential experiences. It showcases their strategic focus on prime locations within the Mumbai Metropolitan Region and their dedication to meeting the evolving needs of Mumbai’s discerning homebuyers.
Expansion and Future Vision
In line with their growth vision, Raymond Realty has strategically entered into Joint Development Agreements (JDAs) in key locations such as Bandra, Mahim, and Sion. These agreements offer combined revenue potential exceeding Rs 7,000 crore, further solidifying their position as a force to reckon with in the real estate sector.
In addition to their expansion in MMR, Raymond Realty aims to elevate the living standards and redefine sectoral conventions. They aspire to introduce a new standard of living, raising the bar in terms of customer-centricity and pushing the boundaries of innovation.
By consistently delivering exceptional residential projects and focusing on prime locations, Raymond Realty has created a niche for themselves within the real estate market. Their dedication to meeting customers’ expectations and their continual growth highlights their position among the top real estate players in the country.
