Raheja graduated from Palm Beach High School, Napean Sea Road, in December 1973 and from HR College of Commerce in 1978.

After a half-hearted attempt at pursuing chartered accountancy, Raheja embraced the true calling of his life in 1982 and embarked on a career in film journalism.

He has conducted analytical, in-depth interviews with most of the leading lights of the Hindi film industry including Dilip Kumar, Dev Anand, Amitabh Bachchan, Rajesh Khanna, Rishi Kapoor, Mithun Chakraborty, Anil Kapoor, Jackie Shroff, Sunny Deol, Rekha, Sridevi, Madhuri Dixit, Dimple Kapadia, Ram Gopal Varma, Mahesh Bhatt, Mukul Anand and Subhash Ghai.

[20] In 1996, after a cover story on The Hundred Luminaries Of Hindi Cinema, he was asked by Padmini Mirchandani of IBH, the publisher of Movie magazine, to give it the shape of a book.

[27] Ayaz Memon, the editor of Mid-Day in the mid '90s, enthused Raheja to write a personalised column for the Sunday paper; and later, an analytical box-office think piece on a weekday.

[citation needed] For television, Raheja has written the concept for Tony And Deeya Singh's Just Mohabbat and was one of the prominent writers on Ekta Kapoor's Kasamh Se (2006).

Anita Raheja is a popular food columnist and author of two bestselling books, Simply Sumptuous Sindhi Cooking[28] and High Tea And Kitty Party Recipes.

[citation needed] Raheja has initiated a debate group 'Let's Talk Over Chai,' in which professionals from all strands of life—writing, modelling, playback singing, photography, film direction – participate.