Raymond Realty is the residential real estate arm of the Raymond Group, a name that has been part of India's manufacturing and retail landscape since 1925. In 2019, Raymond announced its venture into the real estate business under Raymond Realty, starting with an investment of roughly ₹250 crore in housing on 20 acres of land in Thane. That Thane base, anchored on Pokhran Road with developments such as Ten X Habitat, Ten X Era and The Address by GS, has served as the company's proving ground for construction quality and delivery before it began carrying the Raymond name into Mumbai's suburbs, including Bandra East, Sion East and now Andheri.
Shri Gautam Hari Singhania, who took charge of Raymond Limited in 1990, restructured the group by exiting non-core businesses and focusing on market-driven growth, a trajectory that eventually extended the Raymond brand from suiting fabric and apparel into apartments. Raymond Andheri sits within that broader expansion, positioning the developer's first-generation real estate business inside one of Mumbai's most established western-suburb addresses rather than a greenfield location.
Raymond Realty is positioning its premium residential development in Andheri, Mumbai, drawing on a legacy built over decades as it moves from India's leading textile brand to a real estate developer known for quality construction and customer-centric design. The development is planned around 2 and 3 BHK apartments with modern layouts, and residents can expect landscaped gardens, a clubhouse, fitness centres, kids' play zones, jogging tracks and multi-purpose halls within a gated setting. The design brief emphasises maximising natural light, ventilation and open spaces across the homes.
The apartments are being planned with modern architecture and sustainable practices, aiming for high-end finishes and city-skyline views for residents seeking a quieter counterpoint to the surrounding metropolis. For a developer whose Thane portfolio has largely centred on 1, 2 and 3 BHK formats along the Pokhran Road corridor, Andheri represents a shift toward Mumbai's core western suburbs, where land is scarcer and the buyer profile skews toward professionals working in the city's business and media clusters.
Andheri's relevance to this project is less about scenery and more about daily logistics. Jogeshwari-Vikhroli Link Road, the Western Express Highway and Andheri-Kurla Road give residents access to several parts of the city, the airport is roughly 3 km away via Sir Mathuradas Vasanji Road, and Andheri railway station on the Western and Harbour lines serves the locality directly. The area also hosts a dedicated metro station on the Versova-Andheri-Ghatkopar Line, and the corridor's broader western-suburb network includes stations at Oshiwara and DN Nagar that shorten commutes to Goregaon, Malad and the Bandra-Kurla Complex.
Andheri's transformation from a Parsi-colony suburb into a dense commercial and residential hub is well documented. Located in the business capital of India, Andheri is home to commercial and industrial hubs such as Saki Naka and MIDC-SEEPZ, with easy access to the Chhatrapati Shivaji International Airport. That employment density is precisely what sustains long-term rental and resale demand for organised residential product entering the market, which is the segment Raymond Realty is targeting with Raymond Andheri.
Families weighing an Andheri purchase typically look at school and hospital access before anything else. Andheri excels on educational, healthcare and entertainment infrastructure, with institutes such as Bombay Cambridge International School, St. Arnold's School and Canossa School, alongside hospitals including Holy Spirit Hospital, Criticare Asia Hospital and Sanjeevani Hospital. Shopping destinations such as Prime Mall, Infiniti Mall and Phoenix Marketcity Mall sit close by, along with leisure spots like Juhu Beach within an 8 km radius. This density of amenities is what allows a compact 2 or 3 BHK footprint, of the kind Raymond Andheri is planning, to function as a full-service home rather than a commuter dormitory.
Andheri's pricing sits in the upper-middle band of Mumbai's western suburbs, distinct from both the ultra-premium sea-facing pockets and the more affordable far-suburbs. Andheri West carries average property rates of around ₹29,000 per sq ft, with strong infrastructure support underpinning both homebuyer and investor interest, while current rates in the locality range from roughly ₹10,000 to ₹61,300 per sq ft depending on the specific pocket and product. On the eastern side of the suburb, average flat rates in Andheri East stand near ₹31,600 per sq ft, having moved 4.8% in the last year and nearly 24% over five years. Zooming out to the wider western-suburb band that Andheri anchors, Bandra-Andheri (West) averages ₹38,000-55,000 per sq ft, among the higher price bands in the Mumbai Metropolitan Region. This range gives a Raymond Realty buyer in Andheri a reasonably liquid resale market, backed by continuous transaction volumes rather than speculative pricing.
Andheri West in particular has seen a wave of new supply and established developer activity in recent years, an indirect signal of the locality's staying power. The submarket recorded over 7,000 unit sales in 2023, while developers launched more than 12,000 new residential units between 2022 and 2024. Established groups have been active around the Oshiwara-Lokhandwala stretch of Andheri West, contributing to a steady pipeline of organised, amenity-led housing rather than isolated redevelopment. Raymond Realty's entry with Raymond Andheri places the developer's Thane-honed playbook, gated communities, structured amenities, and RERA-registered documentation, into this established western-suburb demand pool.
Because Raymond Andheri is an upcoming development, prospective buyers should approach it as they would any pre-launch Raymond Realty project: configuration and layout details are firming up ahead of formal sales, in line with how the developer has staged its Bandra East and Sion East launches before opening bookings. Buyers evaluating the address are effectively weighing two things together: Raymond Realty's five-year-plus track record of moving from announced concept to delivered towers in Thane, and Andheri's own standing as one of Mumbai's most transit-connected and socially serviced western suburbs.