Raymond Realty, the real estate arm of the century-old Raymond Group, operates Raymond Aashiyana in Vartak Nagar, one of the developer's ready-to-move residential addresses in Thane West. In 2019, the group formally entered the real estate sector with the launch of Raymond Realty, its property development division, under Raymond Group Chairman and Managing Director Gautam Singhania. The company's Thane operations are built around land that once carried a very different purpose: Raymond Realty's real estate operations commenced at JK Gram in Thane, transforming a historical 144-acre industrial site previously utilised for Raymond Group's textile manufacturing. Vartak Nagar, adjoining this original JK Gram footprint, is where that transformation first became visible to homebuyers.
Raymond Aashiyana is located in the heart of Thane, at Vartak Nagar, providing connectivity to major destinations via the Eastern Express Highway and NH 4. The project sits close to established retail anchors, with its position in Vartak Nagar, Thane West placing it near the Korum Mall and the Eastern Express Highway. It is registered with MahaRERA under number P51700045709, and the project is RERA-registered with the registration number P51700045709, and it is ready to move in, with all the necessary construction work completed.
The development is compact by design: it is spread over an area of 1.39 acres, with around 305 units on offer across a single tower with 22 floors. Unit sizes are tightly planned, with 1 BHK apartments of 322 sq ft carpet area starting at ₹1.05 Cr. In-unit specification follows Raymond Realty's standard finish across its Thane portfolio: a well-equipped gymnasium, power backup, and units designed for a balance of functionality and aesthetics, with the master bedroom finished in Oil Bound Distemper. Recorded transaction data places the project firmly at the upper end of the immediate micro-market, with 41 sales transactions registered in Raymond Aashiyana between August 2024 and July 2025 at an average price of ₹20.6K per sq ft.
Vartak Nagar's relevance to a Raymond Realty buyer is less about the address itself and more about what surrounds it. The locality sits inside Thane's established North Zone corridor, where connectivity to key transport corridors such as Pokhran Road No. 2 links it directly to the Eastern Express Highway, enabling swift commutes to Mumbai and Navi Mumbai. Everyday transit is anchored by established hubs, since Vandana ST Bus Depot, Thane railway station, and Cidco Bus Depot Thane are crucial for Vartak Nagar's connectivity. The area also carries genuine employment weight rather than being a purely residential pocket: the area has attracted major corporations like Raymonds, Blue Star, Voltas, and NRB Bearings, which have set up manufacturing and administrative units here, bolstering local employment and economic activity.
Social infrastructure around Raymond Aashiyana is dense and mixed-use rather than new or unproven. Schooling options in the immediate vicinity include Savitridevi Thirani High School and Sankalp English School, while retail and leisure needs are met close by, since the project offers easy access to Korum Mall and is well connected to the Eastern Express Highway.
Vartak Nagar has moved from an emerging pocket to a settled mid-to-high range locality within Thane West's pricing hierarchy. Recent data puts the broader locality at an average property rate of ₹20,750 per sq ft, reflecting a stable trend supported by a healthy rental yield of 3.70%. Over a longer horizon, property prices in Vartak Nagar have moved 0.3% over one year, 8.0% over three years, and 14.5% over five years. Within Thane West's own locality ladder, Vartak Nagar remains more accessible than nearby Pokhran Road No Two, which averages ₹24,050 per sq ft, while offering a premium over more affordable pockets like Uthalsar and Ganeshwadi — positioning Raymond Aashiyana's per-sq-ft rate near the upper edge of that band rather than at the entry level.
Raymond Aashiyana is one node in a larger, connected body of work the developer has built in Thane since entering real estate. The company completed its maiden project, Ten X Habitat, ahead of its registered RERA timeline, an execution model that continued with The Address by GS, Thane's tallest residential tower at completion, accompanied by strong market absorption for the ultra-luxury Invictus by GS project on the same land parcel. The developer has continued to add to this footprint, and in March 2026 expanded its Thane footprint with the launch of Ten X District 9, planned with intelligent layouts, two clubhouses, and over 75 listed lifestyle amenities. Raymond Realty organises this scale into three distinct brand tiers — Ten X for first-time buyers and young families, The Address by GS for mid-to-upper-tier buyers, and Invictus by GS for HNI and corporate-executive buyers, as the company's residential offerings were structured into three core brand tiers spanning smart spatial planning for first-time buyers up to a flagship ultra-luxury tier with reduced unit density and hospitality-inspired services. From this Thane base, Raymond Realty rapidly expanded its footprint across the Mumbai Metropolitan Region, with operations now encompassing residential communities and integrated retail developments across Thane, Bandra, Bandra Kurla Complex, Wadala, Mahim, and Sion. For a buyer evaluating Raymond Aashiyana, this track record situates a comparatively small, ready 305-unit project within a developer accustomed to delivering at township scale in the same city.