Date post: | 09-May-2015 |
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Real Estate |
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WadalaBrought to you by
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Investment Opportunity
About Wadala
Wadala was one of the seven islands that were joined together to form the modern island city of Mumbai
The area is bordered by Dadar on the West, Matunga on the Northwest, and Sewri on the South.
Centrally located with good connectivity to other parts of city It has a large tracts of open land and sprawling greenery Wadala is being looked upon as the answer to Mumbai’s space
problems MMRDA (The Mumbai Metropolitan Region Development Authority)
plans to take the load off the congested areas and spread the population more evenly by developing Wadala as a commercial-cum-realty centre, providing it with good infrastructure, transportation and connectivity
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Location map
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Wadala poised to develop the BKC way
No so long ago, Bandra-Kurla area were regarded as just marshy land of Mumbai city.
15 years back MMRDA had a futuristic vision to convert Bandra-Kurla into f prime commercial centre of Mumbai
Due to the initiative and planning of MMRDA, today Mumbai city has Bandra-Kurla Complex(BKC), India’s top business destination and one of the most expensive real estate pocket
Spread over 370 hectares, BKC is a modern International Finance and Business centre
Like BKC, Wadala is also centrally located with good connectivity to other parts of the city
Now MMRDA has set their eyes on the lands of Wadala, to set up an another example of their work on the lines of BKC
While BKC is primarily a commercial hub, MMRDA plans to make Wadala a commercial cum residential and cultural development.
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Wadala’s multi-crore facelift
Wadala is being groomed as the city’s newest upmarket address and ‘growth centre’
MMRDA is redeveloping 284 acres land parcel in Wadala for a residential cum commercial hub on the lines of Bandra-Kurla Complex
MMRDA took their first step towards development, when they sold a 25,000 sq. mt. plot for residential development to one of the leading developers of Mumbai, The Lodha Group for 4050 cr.
Lodha Group is developing a high end residential complex on this land complete with state of the of the art amenities and facilities
MMRDA is also planning to move out the truck terminus from Wadala to make available115 hectares of land for further development
The MMRDA also wants to develop a sleek, state-of-the-art interstate bus terminal with world-class passenger platforms, food courts, cinema halls, departmental stores, budget hotels, rest rooms and recreation centers.
Developers like Rustomjee and Godrej have already established their commercial projects in Wadala which are operational
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Commercial developments in Wadala
Godrej Coliseum Rustomjee Aspiree
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Wadala’s multi-crore facelift
Monorail Wadala is the hub for country’s first Monorail project where trial runs have
been successfully conducted. The service will become operational in 2013 Eastern Freeway Corridor
The proposed Eastern Freeway Corridor aimed at providing direct link from south Mumbai to Easter Express Highway through Mumbai Port Trust Road will also pass through Wadala. 90% work done. Expected to start in 2013
Trans-Horbour Link Wadala is just a few minutes away from the proposed Sewri Nhava-Sheva
Trans-Harbour link connecting South and Central Mumbai to Panvel where the new international airport is coming up
Metro The Metro rail is now being diverted to Wadala connecting it to the Monorail
and Eastern Freeway
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Wadala Monorail
The country’s first Monorail route connecting : Jacob Circle – Wadala -Chembur
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Sewri Nhava-Sheva Trans Harbour Link
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The Proposed Metro route
The Eastern Freeway Corridor
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Wadala – Top investment destination in India
According the recent research report by Kinght Frank Wadala is the top residential
investment destination in India 133% price appreciation by 2017 2 times return in 3.8 years
Avg. price to go up by INR 20,000 psf by
2017
Wadala prices to catch up with
Prabhadevi
With a slew of launches in the premium
segment, the perception of Wadala as
a premium market has significantly
improvedwww.easy2ownestate.com
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Introducing Lodha Codename Superstar
A super luxurious designer residential project being developed by Lodha Group at Wadala
55 stories towers spread over 23 acres Architecture by Kelly Hoppen – Worlds
foremost designer architects Construction by L&T 17 Acres of Landscaped greens designed
by Sitectonix, Singapore Exclusive association with the MMRDA
will make this world-class living paradise the only residential choice for those privileged to enjoy life in Mumbai's first global city centre
About Lodha Codename Superstar
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Amenities in Lodha Codename Superstar
40,000 sq.ft of club house having mega gym, squash court, tennis court, basketball/badminton and volleyball court, grand banquet hall, private theatre, library and medical room with emergency facilities
A 5000 sq.ft of luxury spa offering world class therapies and treatments 11 swimming pools, 800m jogging track, timber decks, pool side bars and 4000sq.m
central garden for events and sports and a dedicated cricket ground with two pitches
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Location – Lodha Codename Superstar
• Offers connectivity to all parts of Mumbai – via the confluence of the Eastern Freeway, Eastern Express Highway, Monorail, Metro and the newly inaugurated Santa Cruz-Chembur Link Road.
• Located a mere 20 minutes from SoBo offering the same lifestyle but without the issue of high prices.
• Opposite imax dome theater wadala.• Close to business hubs like BKC, Worli
etc.• Close to the upcoming Nhava seva
trans-harbour link which will connect South Mumbai to Navi Mumbai
Spacious and Luxurious 1,2 and 3 BHK apts. Column free interiors with minimum of
common walls Italian Marble, French Windows Designer Decks Finest international fitments Posession by April 2018
Lodha Codename Superstar - Residences
Configuration *Price/sq.ft (approx.) Area Approx cost
(Basic)
1BHK 17523 738-810 sq.ft 1.35 Cr.
2BHK 16983 1485-1503 sq.ft 2.60 Cr
3BHK 16983 1737-1764 sq.ft 3.05 Cr.
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* Rates as on 1st January 2013.
THANK YOU
Acquest Property and Hospitality Service Pvt. Ltd.
307, Tirupati Udyog, I B Patel Road,Goregaon (E), Mumbai, India
Tel: +91 22 26858310
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Paresh Karia : +91 8879032111
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For more details please contact: