Raymond Realty is the real estate arm of Raymond Group, which was established in 1925. Founded in 2019 as a Thane-based developer, Raymond Realty has set out to go beyond all conventions in real estate. Backed by the legacy and credibility of the Raymond Group, the company has made a decisive shift from manufacturing to real estate — leveraging its 100-plus-acre land parcel in Thane to launch well-positioned residential offerings. Within Thane West, the developer's sharpest concentration of projects runs along Pokhran Road, and Village Pachpakhadi — sitting squarely on Pokhran Road No. 1 — has become a focal point of that strategy.
Raymond Realty has applied for environmental clearance for a proposed residential-cum-commercial project at survey numbers 62/B/1/4, 62/B/1/5, 130/B, 131/A1, and 131/B at Panchpakhadi, Pokharan Road No. 1, Thane — a Sector IV development on those specific land parcels. That pipeline underlines how seriously the developer views Pachpakhadi as a multi-phase address rather than a single-project opportunity. The currently active and RERA-registered launch here is Raymond Ten X Era.
Ten X Era by Raymond Realty is a 3.74-acre gated residential development in Thane West, thoughtfully planned across three iconic 38-storey towers. With 906 units across those three towers and spread over 3.74 acres, Ten X Era is built to be an upscale address and is among the most expansively conceived projects in the Thane region. Each floor carries eight apartments served by six high-speed lifts.
The apartments come in 2 BHK and 3 BHK configurations: 2 BHK units range from 615 sq ft to 711 sq ft, while 3 BHK units range from 790 sq ft to 814 sq ft, catering to different family sizes. A 2 BHK flat is priced between ₹1.45 Cr and ₹1.68 Cr, while 3 BHK flats are available in the range of ₹1.87 Cr to ₹1.92 Cr. The project is scheduled for possession by August 2029, giving homebuyers the advantage of flexible planning and investment timelines.
Ten X Era Tower A, B, and C carry MahaRERA registration numbers P51700053528, P51700049592, and P51700049520 respectively. The Commencement Certificate has already been issued for the project.
The project's clubhouse spans 26,500 sq ft and is accompanied by 40-plus indoor and outdoor amenities. The development includes six high-speed elevators, retail outlets, and two temples within the campus, alongside a lap pool, multipurpose lawn, kids' play area, gymnasium, mini theatre, and spa. The project maintains 40 percent open area across the site. For security, the development incorporates a 3-tier security system, fingerprint access for entry, CCTV surveillance, and an intercom facility.
Pachpakhadi's address on Pokhran Road No. 1 places it at one of Thane West's most established residential and commercial corridors. The Eastern Express Highway runs within 500 metres, Thane Station is roughly 3 km away, and the Mumbai-Nashik Highway is 3.5 km out. The location connects central Thane to Mumbai through the Eastern Freeway and Eastern Expressway toward south and central Mumbai, and through Ghodbunder Road toward western Mumbai.
Multiple Metro Line 4 stations are proximate: Cadbury Junction is within approximately 3 minutes, Majiwada within 5 minutes, and Teen Hath Naka within 7 minutes. Metro Line 4 runs 32 km from Wadala to Kasarvadavali across 30 stations, with trial runs already underway and full-line opening expected by mid-2026. Pachpakhadi itself sits on the Metro Line 4 route corridor that will eventually link to the Bullet Train multimodal ecosystem.
For school-age families, the surrounding area concentrates some of Thane's most recognised institutional names. Smt. Sunitidevi Singhania School and Smt. Sulochanadevi Singhania School are both within 5 minutes; C.P. Goenka International School is 12 minutes away and Lodha World School approximately 9 minutes. Viviana Mall — one of the largest retail destinations in the Mumbai Metropolitan Region — is immediately adjacent to the project site.
Raymond Realty's Thane portfolio spans Ten X Era and Ten X Habitat in Thane West, The Address by GS in Thane and Bandra, and the luxury 4 BHK and 4.5 BHK Invictus in Thane West. Raymond Invictus is a separate luxurious property in Panch Pakhadi, Thane, offering 4 BHK apartments — demonstrating that the developer is committed to multiple price points and configurations within this same Pachpakhadi micro-market. Other notable developments in the wider Raymond portfolio include The Address by GS in Sion and Wadala, and Ten X District 9 on Pokhran Road.
Since 2019, Raymond Realty has envisioned spaces that carry purpose, where architecture embodies finesse and every experience is shaped with mindful precision. The developer takes pride in reliability, frequently delivering iconic residences ahead of schedule. Recognition from the industry has followed: Raymond Realty has received the Emerging Developer of the Year award at the Economic Times Real Estate Awards and the Big Impact Creator in Ultra Luxury Project citation at the Big Impact Awards.
According to ANAROCK and Mint market data, average residential prices in Thane increased from approximately ₹13,550 per sq ft in Q2 2022 to around ₹19,800 per sq ft in Q2 2025 — a rise of nearly 46% in three years. Unlike speculative market spikes, this growth is infrastructure-backed and end-user driven, marking a structural shift in how Thane is valued within the MMR.
While Thane's top belts are quoting ₹15,500 to ₹23,500 per sq ft, comparable developer-grade inventory in Mumbai suburbs like Andheri, Malad, and Kandivali trades at ₹36,000–₹48,000 per sq ft. For a buyer purchasing a Raymond Realty apartment at Ten X Era — where unit rates sit in the ₹23,710–₹24,553 per sq ft band — Pachpakhadi's Pokhran Road address sits at the upper end of Thane's premium scale while remaining well below comparable Mumbai addresses.
Higher rental demand is expected as professionals and working families prioritise homes with metro access, increasing rental yields. Upcoming metro infrastructure reduces perceived risk and attracts long-term investors. Thane West has already experienced steady appreciation over the past decade due to IT parks, malls, and social upgrades, and infrastructure projects add a new layer of certainty to price growth. For Raymond Realty buyers specifically, possession scheduled for 2029 aligns with the period when Metro Line 4 services will be fully operational — meaning residents will move into a connected, infrastructure-mature neighbourhood.