Worli or Bandra

The Property market in Worli and Bandra is having a great clash. Bandra is known to be an expensive real estate market and with prices quoted @50000/- PSF to @100,000/- PSF on Pali Hill and Bandstand on Carpet Area basis it is even becoming tough for a Home Buyer to find a quality home with designer finishes or a Brand.

On the other hand, Worli and Lower Parel market quoted at say @45000/- for a good quality apartment on Carpet Area and going up to @70000 PSF gives you a great choice with a staggered payment plan.

Bandra – Khar the trend is more bullish with a smaller block to be ready in a couple of years and the payment pressure is typically on the buyer to part with nearly 50% odd in a few months of the initial booking.

Worli and Lower Parel are the emerging markets and with names like Trump Towers, World Towers, Omkar 1973, World Crest, One Avighna Park, Oberoi Oasis, India Bulls Skysuites, Sky Forests, HBS Realtors etc..the drift is seemingly more towards the New Launches.

With apartment blocks starting from 10 CR onwards, the Bandra or Worli market seems to have the Rich and Famous of the city. Connectivity to South Mumbai and Suburbs through the Bandra Worli Sea Link has thrown options open in the market.

With developers continuing to increase prices after every successful marketing campaigns, the market is looking pretty strong especially in Worli. Bandra on the other hand has a dearth of Land and redevelopment is the only option in Bandra and while it looks that the entire building is coming up, the truth remains that majority of the existing members come back to the Society and only the developer gets a few floors to sell to recover his margins.

It be interesting to see how things shape up in Worli and Lower Parel with tall towers coming up enriching the Skyline of Mumbai city…

Bandra or Worli
Bandra or Worli – Where to be!!

Suburbun Locations – Spoilt for Choice

Mumbai Property Exchange
Mumbai Metropolitan Region Property Research

If you feel that if your budget is 40 to 60 Lacs and you need a good branded home, then i guess, you are spoilt for choice.

The obvious choices of many home buyers is are the following locations:

1. Virar
2. Dombivali
3. Kalyan
4. Panvel

All the above locations are within 30 -40 KM of a main stream Mumbai life and they enjoy, both Road and Rail Network.

The question to review now is, out of these 4 locations, which one to choose and which one has a growth both in terms of Infrastructure and Capital Appreciation.

Virar has a great Train and Road connectivity to Western Suburbs and Nariman Point. Rustomjee, Ekta Group are the most active developers in the Micro Location.

Dombivali is fast becoming a big junction but to get in and out of Dombivali Station and daring the train journey is an uphill task. However, the road connectivity to Thane and Navi Mumbai is pretty good and improving. Also, the traffic on this road is improving on a daily basis. Lodha Group Steals the show in Palava City.

Kalyan, an extension of Thane also has some good real estate brands and a stable Road Connectivity to VT through the Eastern Express Highway and Freeway will get you to South Mumbai in 1 hour 20 Min flat. Tata Housing as a Project and even Sheth Developers have one.

Panvel, another growing belt with huge infrastructure development in the pipeline and of course the much talked about Airport in future will be here which supposedly will bring in a lot of local economy. Adhiraj Group, Arihant Group, India Bulls are doing a major development there.

Interestingly, these locations have Big Developers, Brands and Large Township Projects.

But, for a Home Buyer, what is best?? A mere Home or an Investment or growing Infrastructure or a Distant Dream…

To find more….Call Sandeep Sadh on 9820030685 or write to me ssadh@mumbaipropertyexchange.com

Lodha Group to Invest around 7000 Cr in Phase I Dombivali

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.

[contact-form subject=’Lodha Lake Shore Greens’][contact-field label=’Name’ type=’name’ required=’1’/][contact-field label=’Email’ type=’email’ required=’1’/][contact-field label=’Website’ type=’url’/][contact-field label=’Comment’ type=’textarea’ required=’1’/][/contact-form]

 

 

 

Amitabh Bachchan becomes First Citizen of the Lodha Group – Palava City, Dombivali

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.

Lodha Palava City – City of the Future for NRIs

The Lodha Group has launched a New City – Palava City at Dombivali.  Mumbai as a city has limitations with open land giving its residents no scope to enjoy the freedom of moving around.

The Lodha Group has some amazing plans of development for which they have partnered with the World’s Best Town Planners like SASAKI, Buro Happold, Kapadia Associates (Architects and Urban Designers), Mott MacDonald, RSP, Tata Consulting Engineers Ltd, Prabhakar Bhagwat, GE, Schneider Electric, SunEdison.

Spread over nearly 4000 Acres, the New City focuses on Open Areas, Schools, Colleges, Museums, Lakes, Stadiums, Universities, Gardens, IT Parks, Malls, Club Houses, Ample Parking, a Central Park, Temple, Hotels, Hospital and just about anything a City would need. The Lodha Group has been active in the Dombivali Location since the year 2007 and over the Years they have already developed Casa Bella, Casa Rio Gold, Lodha Golf Links and a fantastic Golf Course for its residents.

The Navi Mumbai airport in future will also be very well connected to this Project.

Any Home Buyer dreams of having a Home in such planned development and looking at the ambitious plans of the Lodha Group it seems like a Dream Come True.

NRI’s all over the globe get concerned while investing in Mumbai and worry about the dirty roads and the slums around when they look to invest here. Palava city is there only answer in India where they will have an E City, where every thing is electronically monitored to give its residents what they deserve.

The Township planned will be ready in Phases and in the next 10 Years it should be one of the most sought after location considering its connectivity to Mumbai, Thane and Navi Mumbai.

Today a Buyer is super worried on the infrastructure in a location. This township which is planned by International Consultants will soothe this concern very nicely.

For a Home buyer it may be a leap of faith today but with a 4 year staggered payment plan (Construction Linked) and financed with all top Banks of India it sure is going to be a mega township.

The availability to be opened on 11th Jan 2014 will be of 1, 2 and 3 BHK which are also the Lake View Premium Towers.

The opening price is Rs.4689/- PSF with a PLC charge of Rs.180/- PSF.Online booking possible for NRIs’. For more details call – 0091 9820030685

New Bridge linking Ghatkopar and Palava City

There is a proposal by the MMRDA to have a bridge beginning from Ghatkopar Side and terminating at Koparkhairane which will directly benefit the residents of Kalyan/Shil Phata Road and the upcoming Lodha Palava City.

Presently, the commute is either through Airoli or Vashi, but going forward in few years if the proposal comes through it will benefit the residents of Lodha Palava City. The scope of Capital Appreciation will be far more higher once the bridge gets developed.

A link of the article with details is attached herewith.

http://articles.timesofindia.indiatimes.com/2013-11-28/mumbai/44546105_1_navi-mumbai-sion-panvel-highway-palm-beach-road

An interesting Video on Lodha – Young Brothers and Palava City Covered by CNN

http://edition.cnn.com/2013/12/11/business/move-over-bollywood-mumbai/

Lodha Lake Shore Greens Palava City Dombivali

Lodha Lake Shore Greens Palava City

 

 

 

The Lodha Group is shortly launches Lake Shore Greens at Palava City, the Mumbai’s new Sister city.

The Lodha Group has ambitious plans to develop Dombivali as a New Township for the citizens of Mumbai and NRI’s who like to enjoy life. Lodha Group is creating an infrastructure which is unparalleled in any Micro City with Top Class Infrastructure.

The Lodha Group had launched its First Phase in December 2013 at the rate of Rs.4545/- PSF. The New Launch is at Rs.4689/- PSF and a PLC of Rs.180/- PSF.

The beauty of this project is that this is a good 4 years away for possession and once can initiate an investment today with a smaller amount. Bank Loans are easily available through various Nationalised banks for the Project.

Palava City is best for NRI’s and Investors who believe in the concept of forced savings and asset creation.

This New Launch of Lodha Lake Shore Greens is one of the most Premium Location in Palava City facing the lake and the landscaped greens.  For any further enquiry and site visit please feel free to fill this form.[contact-form subject=’Lodha Palava City – Lake Shore Greens’][contact-field label=’Name’ type=’name’ required=’1’/][contact-field label=’Email’ type=’email’ required=’1’/][contact-field label=’Website’ type=’url’/][contact-field label=’Comment’ type=’textarea’ required=’1’/][/contact-form]

 

 

 

 

 

 

 

 

 

 

Interesting Property Times in January 2014

Mumbai property market to become very interesting in January 2014.

Brace yourself for new launches by Shapoorji, L&T, Lodha and a lot many top real estate developers in the market.

The Year 2013 saw an amazing trend with Developers having a strategy of pre-launching at prices which were way below the under construction property prices and the ready possession stock. Most of the projects launched with strategy by Lodha, Kalpataru, Shapoorji, Omkar and other developers witnessed superb traction.

Year 2014, should see a similar trend with Builders wanting to exit projects with maximum sales at lowest prices, as unlike 2010 – 2011 markets, there are many more projects in the market and at levels of parity in micro locations.

The market of 2013 and 2014 is going to be similar, but the only difference being that in 2014 Second Quarter, we may see a major bounce back of confidence due to the new government.

If you are a fence sitter, do review the situation that Top Developers don’t launch projects every few month. So do not wait thinking too much if you see a Top Developers project launched in your budgets. With 3-5 years possession you are bound to see an upside in most of the New Launches. It may be difficult to see what kind of returns one can expect, but be rest assured, that you will get better returns than any financial product and a quality asset which you can use in future.

Wish you a Great New Year ahead.

Team – Mumbai Property Exchange.com

Lodha group new launch an eye opener

The Lodha group new launch at Dombivali is a new township created and over the past few days they been able to sell more than 650 units.

In a low budget selling such numbers is commendable.

Lodha has launched the 1st phase @ 4545 PSF.

There are more than 2200 real estate consultants across Mumbai, Thane and Navi Mumbai working on this project.

Lodha group plans to sell 5000 flats in a record time and create another landmark and a record of selling the units in the shortest time period.

Presently, the land is acquired and the construction will start early next year. the revenues from this project are important to Lodha to manage their cash flows.