Since its inception in 1925, Raymond has been a brand built on trust and quality — first in textiles, now in real estate. The Raymond Group entered the real estate space with Raymond Realty, a venture spearheaded by Gautam Hari Singhania. The developer chose Thane's Pokhran Road corridor as its first and principal address, and has since assembled one of the densest concentrations of branded residential supply on a single arterial road anywhere in the Mumbai Metropolitan Region.
With 8 distinctive projects in the bustling city of Thane, Raymond Realty has built a substantial portfolio anchored almost entirely along Pokhran Road. Flagship residential landmarks are situated in prime zones including Ram Mandir Road, Bhaskar Colony, Naupada, and the prestigious Pokhran Road. That concentration is not accidental: the corridor sits within direct reach of the Eastern Express Highway, Ghodbunder Road, and the Cadbury Junction node that will anchor Metro Line 4, making it the most transit-connected residential belt in Thane West.
Raymond Realty's maiden project was TenX Habitat — an 'aspirational district' spread across 14 acres housing 3,100 residential units in Thane. The scale alone distinguishes it from most gated communities on the road. Ten X Habitat has 11 towers, with 42 floors each and 3,101 units on offer. The property spans 14 acres and has an abundant 5 acres set aside for amenities.
Apartment configurations span 1 BHK and 2 BHK formats, with carpet areas ranging from 408 to 670 sq ft. Apartments feature high ceilings at 9 feet 6 inches, expansive balconies, and premium interiors with smart layouts designed for maximum natural light. Set amidst 5.5 acres of greenery with over 1,500 trees, the project offers 50-plus lifestyle amenities including a swimming pool, tennis court, yoga room, and mini-theatre. The towers also accommodate on-campus retail stores and two temples, with six high-speed elevators per tower.
Delivery credibility matters in a market where timelines slip frequently. Raymond Realty set a benchmark by delivering the first three towers of the Ten X Habitat project two years ahead of the RERA timeline. Ten X Habitat is a MahaRERA-registered society; RERA registration number P51700019265 is among several tower-level registrations on the project. Individual towers carry registrations including Tower C — P51700020256, Tower D — P51700019265, Tower E — P51700020881, Tower F — P51700022779, Tower G — P51700022940, Tower H — P51700025355.
Pokhran Road No. 2 is one of Thane West's most established and consistently performing residential corridors — neither speculative nor over-commercialised, representing a rare balance of strong connectivity, mature social infrastructure, and stable end-user demand.
Road connectivity to Mumbai runs via two parallel spines. Ten X Habitat connects conveniently to Thane Ghodbunder Road at 1.0 km and the Eastern Express Highway at 0.9 km. The project also enjoys proximity to the Eastern Express Highway, Ghodbunder Road, and the Mumbai–Nashik Highway. Rail access is straightforward: Thane Railway Station is 5 km away from the locality.
The transit picture is changing further. The physical infrastructure for Metro Line 4 (Wadala–Kasarvadavali) is now fully visible across large stretches of Thane West, with viaducts and stations forming a prominent part of the urban landscape, and trial runs on completed sections have commenced. Cadbury Junction is only a 5-minute walk from the future Metro Line 4 station, and the project sits at the junction of Pokhran Roads 1 and 2, with entry and exit from both.
Social infrastructure within everyday reach is broad and well-established. The locality hosts hospitals such as Bethany Hospital, Jupiter Hospital, and Hiranandani Hospital; supermarkets like D-Mart, Big Bazaar, and Star Bazaar; schools like Vasant Vihar High School and Holy Cross High School; and shopping destinations including Korum Mall and Viviana Mall. At the end of Pokhran Road No. 2, Upvan Lake stands as a prominent green lung and recreational landmark.
Apartments in Ten X Habitat are available in a price range of approximately ₹1.29 crore to ₹2.01 crore on the resale market. The project's average price is around ₹23,600 per sq ft, compared with a Pokhran Road No. 2 locality average of approximately ₹24,100 per sq ft.
Thane West property rates have grown steadily over the last decade, appreciating at an average annual rate of 8–10%, with premium localities like Pokhran Road commanding some of the highest prices in Thane West. Rental yields are around 3–4%, underpinned by the 2 BHK segment remaining the most actively transacted, driven largely by families upgrading within Thane, with steady rental demand resulting in longer tenancy cycles and lower vacancy risk.
Ten X Habitat is among the popular projects offering the highest rental yield in Pokhran 2, alongside Serein by Tata Housing and One Indiabulls.
Ten X Habitat is the foundation, but Raymond Realty has built an expanding cluster of projects within walking and driving distance of it. Raymond The Address, located on Pokhran Road No. 2, offers large-format homes connected to Ghodbunder Road and the Eastern Express Highway. Prices at The Address begin at ₹2.12 crore, with possession expected by December 2026. The Address by GS is a residential project in J K Gram, Thane West, offering 3, 4, and 5 BHK homes with carpet areas ranging from 937 sq ft to 1,885 sq ft. At the ultra-premium end, Invictus by GS offers 4 BHK homes in J K Gram, Thane West, with carpet areas ranging from 2,224 sq ft to 2,356 sq ft.
The total value of bookings across Raymond Realty's first three Thane projects amounted to over ₹1,600 crore during FY23 — a measure of the accumulated buyer confidence the brand has built on this corridor in a short operating history. The total MahaRERA carpet area under development across its Thane projects reached approximately 4 million square feet.
Three factors converge at Ten X Habitat that are rarely present together on a single project. First, the site itself straddles the entry points of both Pokhran Roads 1 and 2 — a physical dual-frontage that is difficult to replicate. Second, the scale of the community — over 3,100 homes on 14 acres — means the on-campus retail, temples, and lifestyle amenities carry enough resident density to function as genuine neighbourhood conveniences rather than paper commitments. Third, the delivery history: delivering the first towers two years ahead of RERA timelines in a sector where that is the exception rather than the norm provides a concrete data point for buyers weighing construction risk.
From the progress of Metro Line 4 to surging property valuations at Pokhran Road, the infrastructure momentum on this corridor continues to build. For a buyer evaluating Raymond Realty's footprint here, Ten X Habitat represents the established, partially occupied anchor of what has become one of the more coherent branded residential clusters in Thane West.
