Runwal Group headed in this particular deal by the young and dynamic Mr.Subodh Runwal who is the younger brother of Mr.Sandeep Runwal has successfully acquired the near 34 Acre land parcel in Kanjurmarg East. The location is very convenient from the Highway and the incoming traffic rush nearly terminates at the Kanjurmarg Junction on the Eastern Express Highway before heading towards Vikhroli.
This location is a developing location and with Lodha Group entering into this location nearly 8 years ago, it changed the face of the Kanjurmarg location with IThink complexes and Lodha Aurum Grande, which is currently priced at around 14000 to 16000 PSF.
Runwal Group has named this project as Runwal Bliss and the first phase will be launched at the rate of 11500/- PSF which seems a fair price for the location considering the large land parcel the occupants will enjoy over the next few years. The planning is simple with 1.5 BHK, 2BHK, 3 and 4 BHK, thus a home for every one.
Another USP of the project is that it has the railway station in close proximity and within a 5 min walk you can take the trains to South Mumbai or Thane or Kalyan.
In 4 Years time, we anticipate that the price in this region will be over 17000 to 18000 PSF as a base price. The current ongoing rates in Powai are in the range of 20000 PSF and above.
Its a new location and yet to be completely developed and has a great scope for a fantastic township with impetus on comfortable housing in 3 phases and we anticipate that the project will be completed in the next 6 to 8 years.
“Buy – For Long Term Investment and Buy for Self Use, you cannot go wrong at this price with the kind of open space around.”
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A few of the Media Links covering the Land Sale.