Project Of The Week: Bhoomi Acropolis, Mumbai
Mumbai, one of the most hottest real estate markets of the country, is home to residential properties being constructed by eminent developers of the country. One such property is Acropolis, being developed by the well-renowned real estate company, the Bhoomi and Group. The company has delivered a lot of projects in the past, which have been appreciated for their quality of construction.
PropGuide explores Acropolis in detail:
The project
Bhoomi Acropolis is a four-acre residential campus surrounded by greenery, providing a fresh and soothing environment. The residential community consists of a total of 1,368 home units, a mix of 1BHK and 2BHK apartments. The 1BHK units are available in five carpet area sizes while the 2 BHK apartments are available in seven different sizes. The range of area at Acropolis falls in the range of 615 sq ft and 980 sq ft. The home units have been fashioned with all the latest trends in designing that brings about an ideal harmony of space and luxury. The community has both new residential property in Mumbai as well as resale property. The ones who book their dream home here will get their possession by March 2017. The project has a lot of amenities to be provided to the residents of Acropolis includes:
The locality
Acropolis is placed in the distinguished locality of Virar in Mumbai. The locality is well connected to the other areas with highways including NH3, NH4, and NH13. One gets to see a lot of picturesque hills and sea view from the area. Some of the key highlights of Virar area:
Infrastructure and future prospects
Virar is one of most sought after destination for the developers because the area is becoming the choicest location for a heterogeneous population, migrating here to settle down. The area saw a boost in its development with the help of municipal corporation of -Virar. The milestone development of Virar also includes the corridor project of -Alibaug, which will connect the project to major highways in the city.
The price
Apartments at Acropolis are available at a price of Rs 4899 per sq ft. The starting price of the apartments here stands at Rs 30.1 lakh. The average price of the residential property in Virar is Rs 4792 per sq ft. There has been a drop in the average price of the locality but it is soon expected to rise, given the proposed infrastructure projects. The other residential project such as Garden Avenue, Unique Imperia and Parikh Paradise Tower is available at the prices of Rs 4850, 4800, and 5200 per sq ft, respectively. Acropolis was launched at the price of Rs 4750 per sq ft in April 2013, it touched the highest price of Rs 5099 per sq ft during October 2014 and has finally settled at its current price.
The developer
Developers is a reputed real estate developing company headquartered at Mumbai. It works on different kinds of infrastructural projects in both commercial and residential sector. The company currently has 20 completed, five under-construction, and four upcoming residential projects in Mumbai. The developer aims to create a goodwill with focusing on the quality construction along with smart innovation.
PropGuide's verdict
| Parameter | mark |
| Project | Very Good |
| Price | High |
| Locality | Good |
| Developer | Good |
Overall commendations
It is a worth investing in property in Virar since the prices have dropping at present. Once the area gears up to function at par with the infrastructure developments, the prices will go up. If Acropolis is the kind of project that you have been looking for, then, now is the time to book your dream home here. For any assistance, feel free to contact PropTiger.com