Raymond Limited
MahaRERA Property Intelligence · Thane
P51700045829 · POKHRAN ROAD · promoter Raymond Limited
| MahaRERA registration | P51700045829 |
| Registered on | 15 Jun 2022 |
| Promoter-declared completion | 31 Mar 2028 |
| Current status | Certificate Signed |
| Against today | 20 months to the declared date |
MahaRERA's own defaulter/deregistration lists and the project's quarterly-progress-report filing — the regulator's view of whether this project is in good standing.
Across MahaRERA, Raymond Limited is the promoter of record on 26 projects, of which 2 carry a MahaRERA regulator flag (insolvency, deregistration, completion-lapse or QPR default). Read the pattern across the portfolio, not just this project's brochure — matched on the promoter name in the MahaRERA register.
MahaRERA's cost filing puts construction at ~98.3% of the estimated project cost incurred as of the last certificate (₹362.84 Cr spent against a ₹369.27 Cr estimate). This financial % is the regulator's own proxy for how much is physically built — the closest public read on real progress, and one a brochure never shows.
Cost-incurred % as last certified to MahaRERA; it can lag on-site reality between filings. Confirm the current stage and the latest Form 2 before you book.
Of 271 homes filed with MahaRERA, 268 are sold/booked and 3 remain available (~99% sold) — nearly sold out — little inventory left, so you're buying into an established buyer base. Buyers have committed ₹765.81 Cr in agreement value so far. Of that, ₹698.22 Cr (~91%) is already collected, ₹67.59 Cr receivable — a read on how far along these sales really are. This is the promoter's own reported inventory as at the last compliance filing; confirm current availability directly.
What buyers actually paid: across 268 registered agreements, the effective carpet rate is ₹22,050/sqft (typical range ₹20,399–₹24,238) — computed from the agreement values and carpet areas the promoter filed, not broker quotes. Compare your quote against this before negotiating.
The unsold units on the filing — if you're quoted a unit NOT on this list, ask why it shows as sold/booked on the RERA record:
| Floor | Unit | Carpet | Reckoner value |
|---|---|---|---|
| Floor 40 | 4001 | 938 sqft (87.13 sqm) | ₹1.43 Cr |
| Floor 40 | 4002 | 938 sqft (87.13 sqm) | ₹1.43 Cr |
| Stilt | S03 | 1,396 sqft (129.72 sqm) | ₹1.93 Cr |
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing — still confirm your specific unit's status in the agreement.
The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+61 and 271 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| The Address By GS Tower B | 1 | G+61 | 271 | - |
Unit mix on the filing: 271 residential.
2 complaints are on the MahaRERA record for this project, with orders passed in 0. An adjudicated complaint is the clearest evidence of how this promoter behaves when pushed — read the orders in full.
| Complaint no. | Filed | Parties | Status |
|---|---|---|---|
| CC12601357 | 12/03/2026 | Raymond Limited vs Jyoti Dipak Sawant | pending / no order on file |
| CC12604418 | 16/07/2026 | Raymond Limited vs Dipak Dynandeo Sawant | pending / no order on file |
The promoter has declared 4 court cases on this project to MahaRERA. 4 are still pending. Litigation can cloud the land title or stall the build — have a lawyer pull the cause list for each and confirm whether it touches the title to your flat. This is declared by the promoter; there may be further cases not on the RERA record.
| Court | Case no. | Year | Status |
|---|---|---|---|
| High Court Bombay | 158 | 2012 | Pending |
| High Court Bombay | 13 | 2016 | Pending |
| High Court Bombay | 57 | 2016 | Pending |
| High Court Bombay | 71 | 2017 | Pending |
Located at POKHRAN ROAD, Pokhran Road, Thane, Thane, 400606. Per the filed land record, the plot is bounded to the north by 126 B 1 4, to the south by 122, to the east by Voltas Limited and to the west by 126 B 2. Confirm these against the 7/12 extract and the sanctioned plan before you rely on them.
🔒 The verdict & buyer playbook · Compliance report
The paid report opens with the overall risk read on this MahaRERA filing, exactly what I'd do as a buyer in this project, who it suits, and the questions to put to the promoter before you commit.
🔒 Unit-by-unit guidance · Unit Guidance report
Which building/wing and unit to prefer and the sanctioned-plan read for this project — the ₹2,999 guidance layer.
🔒 Full financial records — escrow, funding & the document catalog · Compliance report
The RERA 70% designated-escrow account activity, the declared means-of-finance, the professionals of record, and every document filed with MahaRERA — the raw records the read above is built on.
Should you buy in The Address By GS Tower B?
This page is the free MahaRERA filing summary. The full RERA Property Intelligence Report gives you the full regulatory standing, declared court litigation, buyer-complaint and adjudication history, quarterly-progress-report discipline, the builder's MahaRERA-wide track record, the building/tower breakdown, and the sanctioned layout plan. See a real one first:
Sample: Lodha Kandivali – Tower 2 → · browse all sample reports →
Compliance Report · ₹999
The regulator’s filing record, read · 1 working day
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Unit Guidance Report · ₹2,999
Everything, down to which unit · 1 working day
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Paying from outside India? Pay $15 (Compliance) or $39 (Unit Guidance) via PayPal, or email hello@quietlist.in for a card invoice. Prefer to talk first, or have a portfolio to check? Same address. An information aid for your own due diligence, not legal or investment advice.
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Raymond Limited is the promoter on 15 MahaRERA-registered projects, of which 2 carry a regulator flag (insolvency, deregistration, suspension, completion lapse or QPR default). A pattern across a builder's portfolio matters more than any one project's brochure — look into these before you trust this registration:
Flags are from MahaRERA's own published problem lists — not a claim about the developer's intent. Explore every flagged project on our Mumbai, Thane & the MMR RERA red-flag register.
Last checked against the RERA register: 27 Jul 2026