Raymond Realty · Thane West

Raymond The Address — 1, 2 & 3 BHK Smart Residences in Thane (Mumbai MMR)

Location: Thane West, Mumbai MMR Possession: Q3 2027 Size: 420 – 1,200 sq ft Units: 2,500+ units | 20-acre township
₹1.1 Cr onwards · INR
  • Raymond brand — 100 years of quality legacy
  • Thane — Mumbai MMR's fastest growing node
  • Smart home automation pre-installed
  • Integrated township with retail & offices
  • Excellent rail + road + Metro connectivity
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Description Description Description Description Description

PAYMENT STRUCTURE

Payment Plan

Construction-linked payment plan — stage payments tied to MahaRERA-verified milestones with escrow protection.

10%
On Booking
15%
On Commencement of Foundation
55%
Slab-wise (Floor-by-Floor)
20%
On Possession

CONFIGURATIONS & PRICING

Unit Types & Pricing

All prices in Indian Rupees. Subject to applicable GST (5% under-construction) and Maharashtra stamp duty + registration charges.

Configuration Carpet Area Price Range
1 BHK 420 – 520 sq ft ₹1.1 – 1.35 Cr
2 BHK 720 – 900 sq ft ₹1.85 – 2.3 Cr
3 BHK 1,000 – 1,200 sq ft ₹2.6 – 3.1 Cr

LOCATION ADVANTAGE

Connectivity & Landmarks

Key distances from Raymond The Address to employment hubs, transport nodes, and infrastructure.

Landmark / Destination Approx. Distance
Thane Railway Station (Central Line) 2 km
Metro Line 4 (Wadala–Kasarvadavali) 1 km
Eastern Express Highway 3 km
Chhatrapati Shivaji Airport 22 km
Navi Mumbai (via Thane Creek) 15 km

NRI INVESTMENT GUIDE

Gulf NRI Buyer's Guide — Mumbai

Buying property in Mumbai from the UAE? Complete regulatory roadmap — MahaRERA, FEMA, NRI home loans, PoA, Maharashtra stamp duty and repatriation.

01

MahaRERA Verification

Confirm the project is registered at maharera.mahaonline.gov.in. MahaRERA mandates quarterly construction photo updates, 70% fund escrow protection, and penalty clauses for delays. For Gulf NRIs monitoring from Dubai, this live transparency is essential before every stage payment.

02

NRI Eligibility under FEMA

NRIs and OCIs can freely purchase residential and commercial property in India under FEMA. Payment must flow through an NRE / NRO account or by inward remittance — never via travellers' cheques or foreign currency notes. Agricultural and farmland are restricted.

03

NRI Home Loan from Dubai

HDFC, ICICI, Axis, Kotak and SBI all offer NRI home loans for Mumbai projects — up to 80% LTV on standard configurations, 75% on premium ticket sizes above ₹3 Cr. IA Wealth is a registered DSA and arranges competitive pre-approvals from Dubai, with doorstep document collection.

04

Power of Attorney (PoA)

Get a specific PoA drafted in India, notarise it before a UAE Notary Public, attest it at the Indian Consulate in Dubai or Abu Dhabi, then apostille via UAE MOFA. Once this PoA is registered in Mumbai, your authorised representative can complete all Sub-Registrar formalities — no India visit required.

05

Maharashtra Stamp Duty

Mumbai stamp duty is 6% (5% base + 1% Metro cess) + 1% registration fee. Thane Municipal Corporation levies 7% + 1%. Factor 7–8% of agreement value into your total acquisition cost. IA Wealth provides a full landed-cost sheet before you commit to any project.

06

Repatriation of Proceeds

Rental income and sale proceeds in your NRO account are repatriable up to USD 1 million per financial year after applicable taxes. NRE account balances are fully and freely repatriable. File Form 15CA/15CB with a CA for each remittance above ₹5 Lakh. Capital gains from property held over 2 years attract LTCG at 20% with indexation.

FREQUENTLY ASKED QUESTIONS

NRI Buyer FAQ — Raymond The Address

Answers to the questions Gulf NRIs ask most when investing in Mumbai real estate.

Is Raymond The Address MahaRERA registered?
Yes. All towers are registered under MahaRERA, giving Gulf NRI buyers legally protected milestones, escrow-based payment, and penalty clauses for delays — all trackable online from Dubai.
Why is Thane a strong NRI investment market in Mumbai MMR?
Thane has outpaced Mumbai Island City and western suburbs in both capital appreciation and rental growth over the last 5 years. Metro Line 4, the Eastern Express Highway, and affordability vs. Mumbai proper drive strong demand from IT/banking professionals.
What is the Raymond Realty brand advantage?
Raymond — 100 years in textiles — brings the same quality obsession to real estate. Raymond Realty projects are known for finish quality, on-time delivery, and trust among NRI buyers who cannot inspect in person. The brand also adds resale premium.
Can a Gulf NRI get a home loan for a ₹1.1 Cr flat in Thane?
Yes. HDFC, SBI, Axis and Kotak all process NRI loans on Raymond projects. LTV up to 80% on sub-₹75L agreement values, subject to income eligibility. IA Wealth handles pre-approvals as a DSA from Dubai.
What stamp duty applies in Thane District?
Thane falls under Maharashtra stamp duty — 7% in Thane Municipal Corporation area (6% base + 1% additional Municipal cess) + 1% registration. For a ₹1.5 Cr flat, total registration cost is ≈ ₹12 Lakh.
What rental yield does a Thane 2 BHK generate?
A 2 BHK at Raymond The Address typically rents for ₹28,000–38,000/month — gross yield of 3–4%. Thane's Metro Line 4 (operational by 2027) is expected to push rents 15–20% higher in the area.
How does repatriation work for NRI rental income from Thane?
Rental income credited to your NRO account after 30% TDS is repatriable up to USD 1 million per year. File Form 15CA/15CB with a CA for each remittance above ₹5 Lakh. NRE account balances remain fully repatriable.

GET IN TOUCH

Enquire About Raymond The Address

IA Wealth's Dubai team guides Gulf NRIs through every step — floor plan selection, home loan, PoA and registration. No India visit needed.

Why Book Through IA Wealth?

We are RERA-registered Dubai brokers (Reg. 52591) with a dedicated India desk. Our advisors connect you with developer STMs, bank DSAs, and PoA lawyers — all from your Dubai office or home.

  • Dubai Office OBK Business Centre, 20F, Burj Gate, Sheikh Zayed Road
  • WhatsApp +971 56 909 3693
  • Email dubai@investadvise.in
  • RERA Reg. 52591
  • Speciality NRI India Residential Investment
Raymond The Address · ₹1.1 Cr onwards
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