·         Marking strategic expansion in Mumbai, Raymond Realty launches its most premium project ~2 acres land parcel

·         Invictus by GS, BKC comprises 6 towers featuring limited edition 3 and 4 BHK ultra-luxury residences

·         The project offers swift connectivity: 5 minutes to Jio World Drive and 8 minutes to the Bandra-Worli Sea Link

·         Building on the legacy of delivering 8 towers ahead of RERA timelines in Thane, the brand now brings its execution excellence to Bandra

·         Residents will enjoy 30+ lifestyle amenities including a skyline-facing 38-metre pool and high-street retail

Bengaluru, December 02, 2025: Raymond Realty, one of India’s fastest-growing real estate developers, has announced its expansion into the Mumbai Metropolitan Region’s (MMR) most coveted corridor with the launch of ‘Invictus by GS, BKC’. This ~2-acre marquee redevelopment marks a significant milestone in the company’s journey. After setting unprecedented benchmarks in Thane with the success of TenX Habitat and The Address by GS, the launch of Invictus by GS, BKC further bolsters Raymond Realty’s vision to cater to the ultra-luxury segment.

Speaking about this strategic launch, Harmohan Sahni, CEO, Raymond Realty, said, “The launch of Invictus by GS, BKC is a strategic milestone that marks our structural pivot into the ultra-luxury segment, unlocking a revenue potential of over ₹2,000 Crore from this project alone. This development serves as the cornerstone of our ₹14,000 Crore JDA portfolio and is a critical accelerator towards our ₹4,000 Crore annual topline target. By combining Raymond’s legacy of trust with design-led excellence in BKC, we are not just building exclusive ecosystems, but aggressively expanding our footprint to ensure 50% of our future growth stems from such high-value projects by FY28.”

The project comprises 6 towers rising to 23 habitable floors with 4 basements, designed to promote eco-responsible living with IGBC-aligned features. The distinctive location advantage should provide seamless access to South, Central, and Navi Mumbai. It is located just 5 minutes from Jio World Drive, 8 minutes from the Bandra-Worli Sea Link, and 15 minutes from the airport. Complementing the prime location is a suite of 30+ lifestyle amenities, including a curated sky lounge, immersive recreational zones, and a skyline-facing 38-metre pool. The development also integrates high-street retail, ensuring a holistic living experience that resonates with the aspirations of the discerning clientele.

Since its inception in 2019, Raymond Realty has rapidly ascended to become a top 5 developer in the MMR region, driven by an execution-focused strategy that saw its maiden project Tenx Habitat delivered two years ahead of schedule. This rapid scaling has paralleled a decisive structural shift in homebuyer preferences, moving from aspirational housing to a robust demand for premium and luxury spaces. The company’s portfolio has evolved to meet this appetite, transitioning from compact, efficient homes to sprawling residences with world-class amenities.

Raymond Realty is rapidly expanding its footprint across Mumbai through an asset-light Joint Development Agreement (JDA) model. This project is one of the six JDAs signed by Raymond, encompassing prime locations of Bandra, Mahin, Sion and Wadala. This strategic expansion represents a total Gross Development Value (GDV) of approximately ₹14,000 Crores. With additional projects currently under evaluation, this JDA-led approach underscores the company’s commitment to scaling its presence in the Mumbai market beyond its Thane stronghold.

Outlining its future growth trajectory, Raymond Realty has announced a robust launch pipeline for the year 2025-26, which includes 2 new projects on its own land in Thane and 3 to 4 new JDA projects across Mumbai. The company is strategically pivoting towards a balanced portfolio mix, aiming for JDA projects to contribute 50% of annual pre-sales within the next 2 to 3 years (by FY28). This represents a significant shift from the FY25 mix, where Thane projects accounted for 78% and JDAs for 22%, underscoring the growing importance of the asset-light model in the company’s long-term expansion.

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Govandi is located in close proximity to the following connectivity points: Highway – 5 minutes, SCLR – 7 minutes, BKC connector – 10 minutes, Eastern Express Highway – 7 minutes, Sion – Panel Express Way – 7 minutes, making it one of the most popular locations in central Mumbai. The 20-25 minutes’ drive to the sublime places of Mumbai like South Mumbai, Thane, Navi Mumbai, International Airport & BKC has driven the appreciation of GMLR-Govandi’s properties.

Govandi South is known for many important and modern residential complexes such as Mumbai Port Trust Colony, Navadurga Apartments, Orchid Residency and Patwardhan Colony. There are also Teacher’s Colony, New Deonar Municipal Colony, Lumbini Baug, Kamla Raman Nagar and Shivaji Nagar in the north of Govandi.

Govandi in GMLR has experienced a record-breaking appreciation of more than 45% over two consecutive 7-year price spans, compared to other micro-markets in the area. The average price appreciation in GMLR is 20% higher than surrounding micro markets during the same period. Govandi has experienced the highest price increase in all of Central Mumbai. (Source: Magic Bricks). Govandi is an affordable, high-growth market and as a major hub with good connectivity, has great future residential value growth potential.

Govandi has also witnessed a steady increase in property demand and prices over the last two quarters. The average price for a flat is between Rs 20,000 and Rs 25,000 per sq ft. The solid increase in demand for apartments has boosted the confidence of real estate developers and prompted them to launch more projects in this GMCG micro market.

One such project to become the icon of Govandi is the new tallest tower by Eka Life Ltd. and Dotom Realty, a premium residential project, which is now coming up in GMLR, Govandi. Domain, the Tallest Luxury, has 2 towers of 33 floors designed for new age luxury with all modern amenities. This project hosts a good retail space on the first floor that will add to the future amenities.

The real estate market in the GMCG micro market is poised for a major upswing with major infrastructure projects such as the metro, SCLR, BKC Connector, Eastern and Sion-Panvel Express Way, Eastern Freeway. Upcoming infrastructure projects also include Navi Mumbai International Airport, Monorail (II ) from Wadala to Jacob Circle and elevated highway from BKC to Sion. Demand for new residential projects in Govandi is expected to surge, leading to increased demand and a sharp rise in property prices once completed.

With the completion of these infra projects in the next few years commuting will become much easier, which will further boost real estate development in the GMCG micro market.

Ketan Musale, founder and MD of Dotom Realty, said,` “Domain is one of the few projects in central Mumbai that is being built after wind tunnel analysis by CPP Sydney, Australia, to ensure structural stability. The M70-grade concrete mix provides strength and the aluminium formwork ensures fast, consistent and excellent finish. ”

Sales in the GMCG micro market have picked up, which is a positive sign for the market and indicates that the positive sentiment is also being felt in the newer micro markets of the real estate market. Govandi is certainly fast becoming the new affordable luxury residential hub for home buyers across Mumbai.

–SURESH RATHOD

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The vehicle owners using this 4-lane flyover to reach the Bandra-Kurla Complex or the Eastern Express Highway will save about 30 minutes. The Dharavi and Kalanagar junctions too will face less of traffic snarls.

As of now, work on construction of dividers, installation of sound barriers and safety iron mesh net on Rail Over Bridge and lane marking is in progress. Also, erection of heavy vehicle stoppers, direction indicators, changing spots for Bus stops and necessary civil work facilitating traffic dispersal are few of the activities that are in the last stage.

Considering the number of vehicles entering Bandra-Kurla Complex using this flyover, MMRDA in coordination with Municipal Corporation of Greater Mumbai is installing five signals, developing two junctions and installing indicators in the Complex. All this work is in last stage.

The flyover will be thrown open to traffic as soon as the work-in-progress completed.

The post BKC – Chunabhatti flyover expected to be ready by 9th November appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.