RAYMOND THE CROWN — New Project Coming Up in Wadala, Mumbai

Raymond Realty Enters Central Mumbai with The Address by GS, Wadala

Raymond Realty announced the launch of 'The Address by GS, Wadala' in January 2026, marking the developer's entry into Wadala with a premium residential redevelopment spanning 5.62 acres. Positioned as "The Glittering Crown of SoBo Central," the project represents a strategic expansion into one of Mumbai's emerging luxury residential corridors.

Project Scale and Configuration

The development features 31-storey towers housing premium 2 and 3 BHK luxury apartments. The project is estimated to generate revenues of around ₹5,000 crore over its lifecycle, underscoring its significance as a large-format residential offering in central Mumbai.

Location and Connectivity

Located off Eastern Express Highway near Wadala Monorail station, the project benefits from strategic central Mumbai positioning. The site is strategically connected to Eastern Freeway, MTHL, Monorail and upcoming Metro Lines 4 & 11. This connectivity enables efficient access to business districts including BKC and Lower Parel, as well as to Chhatrapati Maharaj International Airport via the Eastern Expressway.

Amenities and Recreation

The project offers approximately 1.7 lakh square feet of total recreational area spread across the project, with over 50 amenities. Facilities will include a swimming pool, lounge deck, golf simulator, mini theatre, badminton and squash courts, bowling alley, and banquet spaces. The project includes around 10,500 sq ft of high street retail and a clubhouse of 45,000 sq ft.

About Raymond Realty

Raymond Realty, the real estate division of the iconic Raymond Group, has emerged as one of the most trusted premium real estate developers in Mumbai. The developer has delivered over 9,600 homes and has 72 million sq. ft. under development and planning. Flagship projects like TenX Habitat and The Address in Thane are symbols of timely delivery, modern innovation, and uncompromised quality, positioning the company as an established player in the Mumbai Metropolitan Region.

Wadala's Market Evolution

Wadala has emerged as a prime micro-market in central Mumbai, benefiting from infrastructure improvements and enhanced connectivity. Property prices in Wadala typically range between ₹25,000 and ₹40,000 per sq. ft., depending on the micro-location, developer reputation, and project amenities. The area's combination of central location, upcoming Metro connectivity, and the Atal Setu (Mumbai Trans Harbour Link) positions it as an attractive destination for both homebuyers and investors seeking appreciation potential in South Mumbai's evolving landscape.