Project Of The Week : Piramal Vaikunth, Thane (West)
Thane has become one of the most sought-after destination for the home buyers looking for affordable residential property in Mumbai. One of the fast growing suburbs, Thane is well-developed when it comes to the civic infrastructure and real estate.
Growing as per the expectations of the home buyers is Piramal Vaikunth, a project that offers affordable residential property in Thane (West) . The project, which will be launched soon, will offer the best in class apartments for sale. These apartments will be up for possession in December 2018.
Read to know more as PropGuide explores the project:
The project
Piramal Vaikunth, Thane (West) is a expansive residential community spread out in an area of 32 acre surrounded by greenery. The project will be home to 280 apartments, a mix of 2BHK and 3BHK. The 2BHK apartments will be available in three different carpet size area - 824, 1447 and 1528 sq ft; whereas 3BHK apartments will be available in four different sizes - 1280, 1713, 1766 and 2045 sq ft. All the units will be constructed with classy and exquisite design coupled with careful planning and implementation.
Piramal Vaikunth offers a gamut of amenities to support the comfortable lifestyle of the ones living in it. Some of them include:
The localityThane West is surrounded by some of the famous tourist spot and other landmarks of Mumbai such as Sanjay Gandhi Park, Kelwa Beach, Upwan Lake, and the Gateway of India. The area is well-connected to the city as well, supported by the civic infrastructure and the public transport services such as buses operated by Brihanmumbai Electric Supply & Transport Undertaking (BEST) , Navi Mumbai Municipal Transport (NMMT) , and Thane Municipal Transport (TMT) .
Infrastructure & Future ProspectsThane is a part of Mumbai Metropolitan Region and is a home to the retail, commercial and the cosmopolitan establishments. The Thane Municipal Corporation is planning a project that would facilitate the connectivity to mass transit systems throughout the city. The area is also waiting to see the operation of the Thane Kasarvadavli Metro Corridor that has been proposed as an extension of the Wadala – Ghatkopar and Thane Metro Corridor.
Price comparison
Piramal Vaikunth, Thane (West) consists of low priced property as compared to the other projects in the area. The units here are available at the rate of Rs 8,080 per sq ft, which is lower than the average price of the locality of Rs 8,351 per sq ft. Some of the similar projects such as Rosa Oasis and Bhoomi Acres has property available at the rate of Rs 8100 per sq ft each and Harmony Lifestyle Sky Suits is available at the rate of Rs 8,150 per sq ft.
The developer
Piramal Group operates in diversified business sectors such as drug discovery and research, financial assistance, and real estate projects. Piramal Realty believes in quality construction and with principles of consumer-oriented framework, the developer aims to gain goodwill in the market.
PropGuide's verdict
| Parameter | Remarks |
| Project | Good |
| Price | Good |
| Locality | Very good |
| Developer | Good |
Piramal Vaikunth is a project worth investing in, for both investors and home buyers, since the project is well-priced. Moreover, Thane being an upcoming real estate market, the property prices here will escalate with time.
For more details on the project, log on to www.proptiger.com.