Project Of The Week: Reputed Freeway 37 Mumbai

Wadala is a great residential locality in Mumbai. The locality has sound infrastructure and offers good connectivity to Bandra Kurla Complex, Thane, Parel and Lower Parel. Furthermore, the rent rates in Wadala have increased from Rs 49 per square feet in January 2016 to Rs 56 per square feet in November 2016. This makes the locality a great investment destination. This potential for a good return has also attracted developers to the area. One such project is the Reputed Freeway 37 Mumbai by Reputed Builder Group. It is a residential project which aims to redefine luxury and comfort.

PropGuide gives you a detailed insight about the project:

The project

Reputed Freeway 37 Mumbai sprawls over an area of three acres. The project is in its pre-launch phase.  The total number of launched units are 324. These can be purchased from the developer. The salient features of the project are an attractive ticket size and configurations. It is located next to the Wadala Monorail Station making commuting easier for the residents. The projects will be ready for possession by December 2020. The amenities include:

A gymnasium

A swimming pool

Landscaped gardens

The locality

Wadala is located in Mumbai offering excellent connectivity to Thane via the Eastern Highway. 

Key infrastructural developments: Chembur-Wadala Monorail, Bandra-Worli Sea link and Double-decker Flyover (Santacruz-Chembur Link Road) .

Key thoroughfares: BKC road, Anik Panjrapol Link Road, Elevated road and Santacruz flyover.

Educational institutions: Veermata JiJabai Technological Institute, South India Welfare Society and Khalsa College. 

Bank branches: The State Bank of India, Union Bank, Saraswat Bank, Bank of Baroda, Bank of Maharashtra, Bank of Hyderabad, Citibank India, ICICI Bank and HDFC Bank

Shopping malls: R Mall, High Street Pheonix and Palladium Mall 

Nearest railway station and Metro station: Dadar, Sion, Matunga are three nearby railway stations. 

Price and measurements

The units are made available in the configuration of 2 and 3 BHK. The 2 BHK units vary within the size range of 842 sq ft to 1,142 sq ft. These are priced within the range of Rs 1.10 crore to Rs 1.49 crore. Whereas, 3 BHK units are priced within the range of 1,434 sq ft to 1,520 sq ft. These are priced within the range of Rs 1.87 crore to Rs 1.98 crore.

The developer

Reputed Builder Group is a known name in the real estate sector. The group has created 2,992 projects in total. The number of ongoing projects is 48.

PropGuide's Verdict

Overall recommendations

Purchasing residential units in Reputed Freeway 37 Mumbai can be of a great benefit. The project is located close to Wadala Monorail Station. Thus, there are great chances that the apartment prices would witness a positive appreciation.