Project Of The Week: Vora Skyline Centrico, Malad
Mumbai is one of Asia's most expensive real estate market. Buying a home here is a statement that every rich would want to make.
So, if you are looking for luxurious residential property in Mumbai, Vora Skyline Centrico will fit your bill. This property is located in Malad, an emerging real estate destinations of Mumbai. Recently launched, Vora Skyline Centrico is expected to up for possession in December 2018.
Here's what the project has to offer:
The project
Vora Skyline Centrico sprawls across one acre land that has sufficient area for open spaces. The project has a single tower rising up to 35 floors accommodating 124 units, a blend of 2BHK and 3BHK configurations. While the super built-up area of 2BHK apartments is 1200 sq ft and 1230 sq ft, 3BHK apartments at Vora Skyline Centrico are available in two different super built-up area sizes of 2100 sq ft and 2130 sq ft. The 3BHK apartments also have a separate study room. Several amenities will be offered with the other facilities here. Some of them are:
The locality
Vora Skyline Centrico is placed in the suburbs of northern Mumbai. It is emerging as one of the favourite residential destination for investors and home buyers as it offers improved connectivity to the city centre and newly developed infrastructure. Some locational advantages of the area are:
Infrastructure & future prospects
Malad West has a well-developed social as well as civic infrastructure. It is tagged as being the fastest growing suburb of Mumbai. Being well-connected to the key areas of Mumbai, Malad West is being explored by investors and also global conglomerates, helping it transform into a hub for BPO companies and IT parks. Currently, the locality has a total of 177 residential projects of which, 136 are ready to move in.
The price
Vora Skyline Centrico, Malad West is available at a price of Rs 12,000 per sq ft. The average property price in Malad is Rs 12,383 per sq ft. Similar properties in Malad such as Rizvi Cedar, Shreeji Atlantis and Lotus Skygarden are available at the price of Rs 12,115 per sq ft, Rs 12,000 per sq ft and Rs 13,000 per sq ft, respectively. The launching price of Vora Skyline Centrico was Rs 10,000 per sq ft, which eventually increased as the locality developed at a rapid pace.
The developer
Vora Skyline Group is a Mumbai-based real estate developer. Established in 1992, the developer has developed environmentally sustainable projects. The developer is known to have completed its projects within the stipulated deadline.
PropGuide's Review
| Parameter | Remarks |
| Project | Good |
| Price | Good |
| Location | Very good |
| Developer | Good |
Overall recommendations
Vora Skyline Centrico is project worth investing in if you are looking for a luxurious property in Mumbai at a much lower price compared to other luxury projects in the city. The project is good for both investors as well as end users. For any assistance, contact PropTiger.com.