Raymond Realty is the real estate arm of the Raymond Group, which was established in 1925. Founded in 2019, the Thane-based developer chose J K Gram on Pokhran Road No. 1 not just as a project site but as its operational headquarters. Raymond Realty's corporate office sits on Pokhran Road No. 1, J K Gram, Thane West, Maharashtra 400606 — a detail that explains why this micro-market carries more strategic weight for the company than any other location in the Mumbai Metropolitan Region.
Born from the iconic Raymond Group, known for its enduring heritage and craftsmanship, the company carries that same ethos into how people shape their homes and lifestyles today — backed by a century of Raymond's trust, Raymond Realty offers luxury apartments in Mumbai and Thane. Since 2019, it has envisioned spaces that carry purpose, where architecture embodies finesse and every experience is shaped with mindful precision. Within six years of formal real estate operations, the developer has assembled one of the largest single-developer footprints in Thane West, with multiple towers rising across the Pokhran Road corridor.
Raymond Realty's build-out in J K Gram is not a collection of standalone towers — it reads as a phased township. The developer has progressively scaled product and price across the same corridor, starting with the Ten X Habitat community and moving toward larger-format residences under the Address by GS brand.
Ten X Habitat, which spans 14 acres and comprises 10 towers, is one of the more expansive gated communities on Pokhran Road. The apartments feature 9-foot-6-inch ceilings, expansive balconies, and premium interiors, set amidst 5.5 acres of greenery with over 1,500 trees and more than 50 lifestyle amenities including a swimming pool, tennis court, yoga room, and mini-theatre.
Invictus by GS is another Raymond Realty project at J K Gram, offering 4 BHK homes with carpet areas ranging from 2,224 sq ft to 2,356 sq ft — signalling the developer's move into ultra-large-format residences within the same locality. Across these phases, Raymond Realty has built a continuum of product types in J K Gram that spans compact 1 BHKs all the way to expansive 4 and 5 BHK homes.
The Address by GS Season 2 is a residential project by Raymond Realty in J K Gram, Thane West. The development spans 6 acres and features 40-floor high-rise towers. Available configurations include 3 BHK, 4 BHK, and 4.5 BHK residences.
The 40-floor towers are designed for fine living, with large carpet areas and private decks offering views of Yeoor Hills. A clubhouse sprawling across 25,000 sq ft offers an outdoor fitness zone, yoga garden, and swimming pool. An additional 70,000 sq ft of high-street retail space is integrated within the development, bringing a convenient shopping and entertainment experience within the residence.
On pricing, 3 BHK units are priced between Rs. 2.59 crore and Rs. 3.15 crore, at a rate of approximately Rs. 28,299 per sq ft. The MahaRERA registration number for the project is P51700052008.
| Configuration | Carpet Area Range | Price Range (approx.) |
|---|---|---|
| 3 BHK | 930 – 1,200 sq ft | Rs. 2.59 Cr – 3.15 Cr |
| 4 BHK | 1,396 – 1,928 sq ft | Rs. 4.02 Cr – 5.89 Cr |
| 4.5 BHK | Up to 1,439 sq ft carpet | Rs. 3.54 Cr onwards |
Pokhran Road has seen 52.90% property price appreciation over the last ten years. In the fourth quarter of 2024, Pokhran Road achieved its highest-ever average rate of Rs. 22,000 per sq ft. Within the last one year, the locality recorded 17% price appreciation, and over the last three years the figure stands at around 27%.
For buyers considering Raymond The Address by GS Season 2 — priced at approximately Rs. 28,000–29,000 per sq ft — the premium over the locality average reflects the branded developer, the scale of amenities, and the high-rise product format rather than a departure from area fundamentals. The Address by GS Season 1, the predecessor project on an adjacent plot, already has a resale market: apartments there carry carpet areas between 615 and 2,192 sq ft and are available in a price range of Rs. 1.55 crore to Rs. 6.89 crore, providing a visible data point for how Raymond branded stock in this micro-market behaves over time.
J K Gram on Pokhran Road is proximate to the Eastern Express Highway, Ghodbunder Road, and the Mumbai-Nashik Highway — three of the MMR's primary arterials, all reachable within a few minutes from Pokhran Road No. 1.
The project also benefits from the upcoming Cadbury Junction metro station, with top schools, hospitals, and malls nearby. Metro Line 4 (Wadala–Kasarvadavali), once operational, will offer the Pokhran Road belt a direct rail link into central Mumbai. Pokhran Road is among the top micro-markets identified as near upcoming infrastructure projects in Thane.
The surrounding locality has the density of social infrastructure that full-time residents require. Singhania School and Vasant Vihar High School are close to the locality. Hospitals within reach include Jupiter and Bethany. Viviana Mall and Korum Mall provide shopping and dining options. Upvan Lake and Yeoor Hills are within easy reach for those seeking a nature retreat.
Raymond Realty has been recognised as Emerging Developer of the Year at the Economic Times Real Estate Awards, and received the Big Impact Creator in Ultra Luxury Project recognition at the Big Impact Awards. The brand has also been named among Best Realty Brands at the ET Edge Best Realty Brands 2026.
The recent demerger of Raymond Realty as an independent listed entity is a development that investors and homebuyers in this corridor are tracking, as it introduces greater balance-sheet transparency and standalone governance to a developer whose projects in J K Gram are among the most voluminous in Thane West. For a buyer at The Address by GS Season 2, the developer's organisational structure is no longer nested inside a textile conglomerate — it stands as its own publicly accountable entity.