Mumbai, the commercial capital of India boasts of- One of the most expensive real estate markets in Asia that is driven by ceaseless surge in demand. Average property prices in Mumbai have appreciated in tune of over 25% between 2012 & 14.
High ticket sizes & scorching pace of property appreciation have also resulted in the infusion of a new sense of luxury in Mumbais realty landscape- Effectively satiating the exquisite taste of the large number of globally travelled new age millionaires.
South Mumbai: Pioneer of Mumbai Luxury Lifestyle
Though most of the prime locations in Mumbai are generally meant for deep pocket buyers, South Mumbai is touted as THE PIONEER of Mumbais LUXURY LIFESTYLE. It often draws parallels with Kensington in London, Downtown in Dubai & Bukit Timah in Singapore. It is known for high ticket size residential units, which come at a price tag that is not only difficult to be rivaled across India, but are also among some of the most expensive addresses in the globe.
Luxury Redefined in Golden Mile Road, Worli
In the heart of Golden Mile Road, one of the upcoming locations in Worli, Southern Mumbai- Lodha, THE MOST TRUSTED brand name of Indian realty is redefining the definition of luxury, with its new project The Park
Named after a 7 acre exotic park, which is present in the midst of the 17 acre development.
The Park boasts a range of amenities and facilities, which has been unheard in Indian realty landscape. Amazingly, with a base price of INR 25,500 PSF, it is still moderate when compared with other properties in vicinity.
Lodha Park Project Overview
- Exclusive Townhouses and Bungalows List of resplendent neighbors include Aishwarya Rai Bachchan
- Golf Course, Boxing Ring, Cricket Ground & 1 Km long Jogging-Track. Not to mention 6 swimming pools & Tennis Court
- Magical Gardens, Butterfly Gardens, Picnic Spots, Club-House & Amphitheater to boost entertainment quotient
- Organic Farming, Fruit Orchards & Cafes to ensure healthy gourmet options.
- Panoramic view of the Mahalaxmi Race Course, Arabian Sea and South Mumbai
- Internationally Designed Architect to portray individual units as private retreats
- Stylish and Thoughtful Design coupled with European Fittings
- Fully Automated Homes, 7 Tier Security System
- Concierge and Valet Parking to further add to the sense of luxury
Enviable Location- Gateway to a Luxury Lifestyle
- Neighborhoods include Who is Who of Mumbai
- Some of the finest Hotels, Gourmets, Retail outlets & Schools of Mumbai in vicinity
- Proximity to Bandra Kurla Complex (BKC), Nariman Point, Lower Parel & other major Commercial centers will drive demand in near future.
The Investment Angle
The Price of the project INR 25,500 PSF, which is relatively lower than most of the properties in Worli, which are roughly priced at INR 40,000-45,000. The unmatched sense of luxury integrated with relatively subdued price, provides ample scope for price appreciation in the coming time.
Acclaimed as the most trusted by Brand Trust Report in the Real Estate Developer Category, Lodha over the last 3 decades has built a reputation of developing world-class developments in Mumbai, Pune and Hyderabad. The developer is also entering into international markets such as London.
Image Source: Lodha