Founded in 1925 as a modest woollen mill on the outskirts of Bombay, Raymond has spent the past century weaving itself into the fabric of India's industrial story. Since 2019, Raymond Realty has envisioned spaces that carry purpose, where architecture embodies finesse and every experience is shaped with mindful precision. For its first six years as a real-estate company, the developer concentrated on Thane — building a township-scale land bank of roughly 100 acres — and on Bandra West, where The Address by GS established its credentials in Mumbai's western suburbs. BKC changes the register entirely.
After a successful run in Thane and Bandra, the company is preparing for its most ambitious chapter yet: an ultra-luxury residential project in Bandra Kurla Complex (BKC), one of Mumbai's most prestigious business and lifestyle districts. Invictus by GS is Raymond Realty's ultra-luxury signature residential launch in BKC, Mumbai's global power district — conceptualised under the personal vision of Gautam Singhania, chairman and managing director of Raymond Group. The name carries weight: this is a chairman-level product, not a volume launch.
Spanning 2 acres, the upscale development is being executed under a redevelopment model and comprises six towers featuring 23 habitable floors along with four basements. It offers a total of approximately 250 well-designed apartments, available in 3, 3.5, and 4 BHK configurations with starting sizes at 1,113 sq ft.
| Configuration | Carpet Area Range | Starting Price |
|---|---|---|
| 3 BHK | 1,113 – 1,399 sq ft | ₹6.84 Cr onwards |
| 3.5 BHK | Available | On request |
| 4 BHK | 1,475 – 1,928 sq ft | On request |
With refined spaces, premium amenities, and an architectural identity rooted in modern Art Deco, the project reshapes what luxury living means inside India's most prestigious district. Residents get access to 30-plus lifestyle amenities — including a skyline-facing 38-metre swimming pool, sky lounge, and recreation zones. The project also integrates sustainability features aligned with IGBC standards.
The development also integrates high-street retail spaces to create a complete luxury ecosystem. This retail component, embedded within the residential scheme, is a characteristic Raymond move — the group's century-long consumer heritage means it understands that residents at this price point expect curated ground-floor environments, not just lobbies.
Raymond Realty has launched Invictus by GS, BKC with a revenue potential of ₹2,000 crore. To contextualise that figure: Harmohan Sahni, CEO of Raymond Realty, described the launch as "a strategic milestone that marks our structural pivot into the ultra-luxury segment," adding that the development forms a key pillar of the company's ₹14,000 crore joint development agreement (JDA) portfolio and is central to its annual topline target of ₹4,000 crore.
Raymond Realty has been steadily expanding across Mumbai via an asset-light JDA model. The Bandra East redevelopment is one of six JDA projects signed by the company, covering prime neighbourhoods such as Mahim, Sion, and Wadala. The company's total potential revenue across its Thane land bank and JDA portfolio is approximately ₹40,000 crore.
This growth follows a major milestone: Raymond Realty's official listing on the stock exchanges on July 1, 2025. As a publicly listed entity, Raymond Realty operates with balance-sheet transparency that distinguishes it from most mid-tier developers active in this micro-market.
The BKC project is not Raymond Realty's first high-value Mumbai address. The brand's portfolio includes landmark developments such as The Address by GS in Thane, Invictus by GS in Thane, and The Address by GS in Bandra, each known for superior craftsmanship and thoughtful design. Besides its BKC launch, the company continues to advance major developments in Thane — including TenX Habitat, The Address by GS and its subsequent phases, and TenX Era.
Raymond Realty has a track record of finishing projects well before RERA deadlines, granting it top place in customer-trust surveys. That delivery record matters in a district where buyers are writing ₹7 crore-plus cheques based primarily on trust in the developer's brand and execution capability — not completed inventory they can inspect.
Cushman and Wakefield's Q3 2025 Mumbai Office report identifies BKC as the most expensive office hub in the city, surpassing commercial strongholds such as Worli and Parel. BKC is firmly established as Mumbai's premier commercial and financial district, ensuring a constant influx of high-net-worth individuals, top-tier executives, and expat professionals seeking luxury residences within or very close to their workplaces.
The connectivity stack at BKC is among the densest in Mumbai and is still growing:
The BKC Metro station, as part of Mumbai Metro Aqua Line 3, has had a significant impact on surrounding real estate markets, with rents along the BKC–Worli corridor rising by up to 2.37% within one month of opening. That rental movement is a useful proxy for the demand pressure on residential inventory in and around BKC.
The locality is dotted with prominent schools such as Dhirubhai Ambani International School, Mount Litera International School, and American School of Bombay. The Mumbai Cricket Association's cricket ground, and major corporate offices including Twitter India, Spotify, Amazon, NABARD, SEBI, and ONGC are also present. Asian Heart Institute and Criticare Asia Hospital are well-known hospitals near BKC E Block, providing 24/7 emergency and specialised healthcare.
For a buyer choosing Invictus by GS primarily as a residence rather than an investment, this social layer — international schooling, tertiary healthcare, five-star hotels, and cultural institutions such as the Nita Mukesh Ambani Cultural Centre — places BKC closer to South Mumbai in amenity density than most of the western suburbs can match.
Average property rates per square foot in Bandra Kurla Complex stood around ₹56,350 per sq ft, with the Invictus by GS project priced at approximately ₹57,000 per sq ft — broadly in line with the market average for the BKC micro-market. A 3 BHK flat in BKC is available at a price range of ₹5.5 crore to ₹8.1 crore broadly across the locality. Property prices in Bandra Kurla Complex have moved 23.4% over three years and 45.4% over five years.
A total of 14 residential transactions has been registered for Raymond Invictus by GS, amounting to ₹91 crore till February 2026 — a strong early absorption signal for a project launched in November 2025, reflecting genuine end-user and investor demand rather than speculative churn.