Raymond Realty, which is the real estate arm of the Raymond Group, on December 1 announced the launch of a new redevelopment project in Bandra East in Mumbai spread across a two-acre land. This residential project has six towers with apartment configurations of 3BHK and 4BHK ultra-luxury units.

Named Invictus by GS, BKC, it has an estimated revenue potential of Rs 2,000 crore. Due to this project's strategic position and excellent connectivity, Raymond Realty aims to further set its benchmark in the ultra-luxury segment.

• This ultra-luxury residential project boasts seamless connectivity to major areas such as Navi Mumbai, Bandra-Worli Sea Link and takes five minutes to the Jio World Drive. This easy access to other areas will create a comfortable lifestyle for its residents.
• This development, which comprises six towers, has 23 habitable floors, four basements as well as sustainability features.
• Raymond Realty's objective is to build homes that integrate trust and design-led excellence to provide a fulfilling living experience.
• With access to more than 30 lifestyle amenities such as a skyline-facing pool, lounge and recreational spaces to provide a sophisticated and comfortable environment.
• Through this project, it creates a holistic living environment as it incorporates high-street retail to appeal to the residents.

Through Joint Development Agreement (JDA), Raymond Realty is expanding its development projects in key areas such as Bandra, Sion, Mahim and Wadala. Invictus by GS, BKC, is also one of the six JDA projects and this expansion represents a total Gross Development Value (GDV) of around Rs 14,000 crores.

Due to the JDA expansion, the company aims to build their presence further in the Mumbai market, outside Thane. In the next two to three years, the goal of the company is to increase its annual pre-sales from 22 percent to 50 percent through the JDA contribution.

Raymond Realty's launch in the BKC area of the Mumbai real estate market with the redevelopment project titled Invictus by GS, BKC, it aims to provide a living environment that incorporates luxury living due to its access to several lifestyle amenities and easy connectivity to other significant areas. This project will set a major milestone because of its estimated revenue potential of Rs 2,000 crore. With access to several facilities within proximity, this project will provide the residents with not only an elevated living experience but also a sophisticated lifestyle.