About Property
Key points discussed in the building committee meeting are as follows:
1) Appointment of a Project Management Consultant (PMC) has been finalized.
2) The tender process will ensure that all society needs and member requirements are addressed for developers' consideration.
3) Each member is entitled to an extra Floor Space Index (FSI) of 62%.
4) Project completion is expected by November 2027, subject to smooth execution.
5) Notification for vacating the premises is anticipated by July/August 2024.
6) Rental income of approximately Rs. 175 per sq. ft. per month until project completion, totaling Rs. 170,625 for the mentioned flat.
7) Each member is eligible for a corpus fund of Rs. 3500 per sq. ft., amounting to Rs. 34,12,500.
8) Adequate parking with three basement levels will be provided.
9) The possibility of 10 wings is being considered, pending developer plans.
10) Each wing will have a limited number of floors (10 to 12) due to logistical considerations.
11) Modern amenities such as a gym, swimming pool, and play area will be incorporated into the building.
Property Close to / Landmark : Priyadarshani Park, Central Bank of India, Bank of Maharashtra, Hanging Garden and Godrej Baug.
Amenities
Agent Details
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Location
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Nepean Sea Road, Malabar Hill - Mumbai
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