Founded in 1956 by Chandru Raheja, K Raheja Corp emerged as a separate group after a split between the Raheja brothers. In the decades since, the group has grown into one of India's most diversified real estate conglomerates — operating its commercial business under the Mindspace and Commerzone brands, with projects in Mumbai, Hyderabad, Pune, and Chennai. Navi Mumbai, however, is not merely a market the group entered — it is one where K Raheja Corp helped define the commercial landscape from the ground up.
The group expanded Mindspace Business Parks into Airoli East in the Navi Mumbai market, establishing what would become a flagship asset. Mindspace Airoli East is a fully integrated office business park spread across 50 acres — the largest business park in Mumbai. It transformed the commercial office space in the Thane-Belapur Road micro-market. The group subsequently deepened that commitment: K Raheja Corp launched Mindspace Airoli West in Navi Mumbai, and expanded that campus further by developing a data centre at Mindspace Airoli West, with Mindspace REIT committing to three additional built-to-suit data centres adding a further one million square feet to the portfolio.
On the hospitality side, K Raheja Corp established Four Points by Sheraton Navi Mumbai in Vashi, and Inorbit Mall launched its second mall in Vashi, Navi Mumbai — both reinforcing the group's multi-format presence across the city. Today, K Raheja Corp operates Mindspace Office Parks as a publicly listed real estate investment trust (REIT). The REIT offers Grade-A integrated business parks, standalone office buildings, and high-tech data centres across key commercial districts, with a portfolio valued at INR 441.3 billion.
K Raheja Corp's residential entry into Navi Mumbai follows a path already carved by its own commercial assets. The group launched Mindspace Business Parks Juinagar, planting an office campus in the same node where the residential township now rises. That adjacency is deliberate: set near Mindspace and major commercial corridors, Raheja Jade City offers walk-to-work convenience.
K Raheja Corp Homes presents Raheja Jade City — a landmark 55-acre mixed-use development in Juinagar that brings together elegant residences, contemporary workspaces, learning hubs, and vibrant leisure zones within a Live-Work-Learn-Play environment. The development is structured as a G+26 floor tower featuring 1, 2, 2.5, and 3 BHK residences.
The project includes retail outlets, office spaces, entertainment zones, landscaped gardens, and an international-standard school within the township. On the ground, amenities span an outdoor fitness area, open community lawns, adventure nook for kids, toddlers' play area, jogging track, barbecue corner, urban farming zones, rock climbing, elders' corner, courtyard greens, and pet stroll.
Homes at Raheja Jade City overlook the serene Parsik Hills. The project integrates advanced security systems, power backup, rainwater harvesting, and eco-friendly initiatives into the design.
Raheja Jade City offers 1 BHK units of 490–500 sq ft, 2 BHK of 700–710 sq ft, 2.5 BHK of 980–1,000 sq ft, and 3 BHK of 1,020–1,030 sq ft. The project also offers Jodi options with 1+1 and 2+2 BHK configurations. Prices start from ₹1.28 Crore for 1 BHK, ₹1.99 Crore for 2 BHK, ₹2.80 Crore for 2.5 BHK, and ₹3.20 Crore for 3 BHK apartments.
Tower 1 and Tower 2 of Raheja Jade City are registered with MahaRERA under the project name "T11 Raheja Jade City and T2 Raheja Jade City" bearing Registration Nos. P51700080277 and P51700080352, details of which are available on the MahaRERA website.
Juinagar sits at a functional crossroads of Navi Mumbai's rail and road networks. The nearest railway station — Juinagar — sits on the Harbour Line, offering frequent trains connecting to Central and Western Mumbai. By road, the project is served by the Sion-Panvel Highway and the Thane-Belapur Road, with Vashi Railway Station 4.2 km away and Palm Beach Road 4.3 km away.
The wider infrastructure picture adds further context. The Mumbai Trans Harbour Link (MTHL) has reduced travel time between Mumbai and Navi Mumbai, making Mindspace Business Parks at Airoli East and Airoli West more accessible from South Mumbai. The MTHL, India's longest sea bridge, has shortened travel between Sewri and Nhava Sheva to under 20 minutes, unlocking residential growth in Navi Mumbai. For air travel, Chhatrapati Shivaji Maharaj International Airport is approximately a 45-minute drive via Eastern Express Highway.
The social infrastructure around Juinagar is equally well-established. Within the immediate catchment: DY Patil University sits 950 metres away, SIES School of Technology is 1.2 km, Ryan International School 2.9 km; CBD Belapur is 4.2 km, Reliance Corporate Park 9.4 km, and Gigaplex IT Park 15.8 km; the Courtyard Marriott is 1.1 km and Inorbit Mall is 4.5 km; Apollo Hospital is 3.7 km and Fortis Hospital is 6.2 km.
According to eXp India's analysis of NHB Residex data, home values in Navi Mumbai jumped by 17.4% in the first quarter of 2025 — the highest growth rate among all major Indian cities in that period. This increase reflects the city's robust infrastructure, economic development, and connectivity trajectory.
The mid-premium segment (₹2–5 crore) records strong traction in Navi Mumbai, considered among the best areas to invest in 2025 for its infrastructure upgrades and metro accessibility. Navi Mumbai International Airport is driving commercial and residential activity in upcoming zones, amplifying demand across nodes like Juinagar that already benefit from established office employment.
Navi Mumbai is known for its well-structured buildings, wide roads, and abundance of natural landscapes, while its well-planned social infrastructure has made commercial real estate boom with new companies and industries. For K Raheja Corp, a group that helped build that commercial base through Mindspace, launching a residential township here is a logical extension of a relationship with the city that spans multiple decades.
K Raheja Corp Homes' wider portfolio includes projects at Chandivali Andheri East, Raheja Vivarea in Mahalaxmi, Raheja Antares at JVLR-LBS Mumbai, Raheja Amaltis in Sion, Valletta in Juhu, Helios off NIBM Pune, Raheja Galaxy, Raheja Sterling, Raheja Stellar, Raheja Viva and Raheja Estrella in Pune, Raheja Vistas Premiere in Pune, Quiescent Heights in Hyderabad, and Viva in Goa. That breadth of delivery — across formats, price points, and geographies — is the context in which Jade City in Juinagar takes shape. With a legacy of approximately 69 years, the group has shaped city skylines with premium residential communities, Grade-A commercial spaces, retail destinations, and hospitality projects.