Dombivali as a location is set to become the Sister City of Mumbai with the Lodha Group planning to Invest around INR 7000 CR in the 1st Phase of the Palava City development.
The Development poised to be ready in the Year 2020 completely will have the newest infrastructure. The Lodha Group has very thoughtfully worked on the Township to get the best from the West. The mix of Commercial, IT Parks, Malls etc will further generate abundance employment and thus enhancing the GDP of Dombivali.
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In an Industry First move, the Lodha Group has signed in Mr.Amitabh Bachchan as the First Citizen of the Palava City, the New City for the New Generation developed by the Lodha Group.
The Lodha Group has absolute ambitious plans to make the city a dream for each Indian. Lodha group has not left any stone unturned to ensure that they have a huge success to Palava City – also knows as The Rise currently. Worlds finest Town Planning Companies, Architects and Professionals who have studied the development across the globe.
This project will give an average of 60 to 90% returns to the Investors and Home Buyers across a time frame of 5 years plus. With a staggered payment approach and Bank Funding there is no other project available with a ticket size of 40 Lacs plus to match the infrastructure with this project.
With Mr.Bachchan being the Brand Ambassador, it brings the added confidence to the home buyers and investors who have grown up seeing the Shahenshah of Bollywood and with him being the First Citizen would mean a lot to them.
Sandeep Sadh – Managing Director and Founder – Mumbai Property Exchange Pvt Ltd.