Raymond Realty, the real estate arm of the Raymond Group, has announced the launch of a ₹2,000 crore premium redevelopment project in Mumbai’s sought-after Bandra locality. This marks a major milestone in the company’s expansion strategy as it deepens its presence in the high-value Mumbai property market, known for its redevelopment-driven growth opportunities.
The newly announced project is set to be developed under the redevelopment model, a format rapidly transforming older neighborhoods across Mumbai. Bandra, often referred to as the “Queen of the Suburbs,” offers strong demand for luxury housing due to its prime connectivity, thriving social ecosystem, and proximity to commercial hubs like BKC. Raymond Realty’s entry into this micro-market signals its intent to compete with leading developers shaping Mumbai’s premium residential landscape.
The project is expected to feature high-rise luxury towers, modern amenities, curated lifestyle offerings, and high-end specifications catering to affluent homebuyers. With buyers increasingly seeking spacious homes, premium designs, and upscale community living, developers are capitalizing on redevelopment parcels to meet evolving urban aspirations. Raymond Realty’s project aligns with this market direction, promising a blend of refined architecture, contemporary interiors, and exclusive facilities.
Raymond Realty has already built a strong reputation through its flagship projects in Thane, where it has focused on transparency, timely delivery, and customer-centricity. Its foray into Bandra marks a natural progression as the brand moves toward Mumbai’s luxury and ultra-premium markets. The company’s growing financial stability and strong execution track record further position it to deliver large, high-value developments in complex redevelopment zones.
The ₹2,000 crore Bandra project is also a timely development amid rising demand for luxury and branded residences in Mumbai. With redevelopment driving a large portion of the city’s supply pipeline, developers with brand recall and execution capability are preferred choices for society redevelopment committees and buyers alike.
Raymond Realty’s announcement adds momentum to Mumbai’s thriving redevelopment ecosystem, promising to bring a new landmark residential offering to one of the city’s most prestigious neighborhoods.
