Project Watch: Montana By Sheth Developers

Sheth Developers is set to launch the construction of their new apartment in Mumbai, Montana, at Mulund West. The residential project in India is in its pre-launch phase and has units available at attractive rates.  The community's layout and structure have been designed by well-known architect James Law, whose creations are spread over Dubai (The Wave and Technosphere) as well.

The product  

Spread over an area of 7.5 acres, the upcoming property in Mumbai has on offer 2BHK, 3BHK and 4BHK apartments. There will be seven residential towers in the project each of which will be 16 stories high and have four level podia. The super built-up areas' measurements are given as follows:

For 2BHK apartments, it is 1,110-2,220 sq.ft.

For 3BHK flats, they vary between 1,464 sq.ft. and 1,664 sq. ft.

For 4BHK units, the carpet area measures 2,664 sq. ft.

The project's USP is its design by James Law and landscaping by TROP which have worked on major projects such as Gallery of the Night (Bangkok) and Seascape (Singapore) .

Home owners can expect to enjoy some of these amenities within the premise:

Swimming pool

Gymnasium

Auditorium

Business centre

Library

Children's play area

Yoga/spa room, etc.

The builder

Founded in 1986, Sheth Developers have worked on multiple projects in Dubai and Mumbai. Most of their residential projects in Mumbai are located in sought after real estate markets such as Thane West and Andheri.

How to reach

Sheth Developers Montana, Mumbai enjoys a locational advantage paralleled by very few properties. It can be accessed via the Juhu Vikhroli Link Road (JVLR) , Lal Bahadur Shastri Marg (LBS Marg) , Eastern Freeway and Eastern Expressway. The Mulund Airoli Bridge enhances its connectivity to Navi Mumbai

It enjoys good access to the rest of Mumbai via the central Mumbai railway suburban line. The Nahur and Mulund Railway Station are close by.

Locational advantages

Mulund is one of the few areas in Mumbai which enjoy good connectivity to both Navi Mumbai and Thane. It is close to the business hubs of Bandra Kurla Complex, SEEPZ, Powai and MIDC. The Chhatrapati Shivaji International Airport is a mere 14 kilometres from here. Salaried professionals looking to walk to their work places would find the locality a good choice as several business establishments are located along the LBS Marg -- Wellcome, Glaxo and Johnson and Johnson.

Infrastructure and future growth prospects

The social infrastructure of the area is very well developed as it has schools (Dayanand Vedic Vidyalaya) , hospitals (Anjali Maternity) and shopping malls (R Mall) in the vicinity.

The Mulund Goregaon Link Road is under construction and once completed it will improve connectivity between Mumbai's Western and Eastern suburbs. It will be a 10 kilometre stretch which shall run between Goregaon in the West and Mulund in the East and also connect to the JVLR. The road is expected to run through areas such as Vikhroli, Powai, Aarey Colony, apart from Mulund.

Price comparison

The average property prices prevailing in Mulund is Rs. 12,532 per sq.ft. while at Sheth Developers Montana, the range hovers between Rs. 11,750 and 12,000 per sq.ft. As construction commences, price of the property would increase. Hence, this is the right time to invest in the project. Other comparable projects such as Runwal Anthuriam, which are already under construction, charge higher rates, starting at Rs. 13,000 per sq.ft.

Because of infrastructural improvements, prices in Mulund have gone up by 26.1% within six months and are expected to continue to increase.

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Recommendations

Those looking to ride the wave of investments in the eastern suburbs would find Sheth Developers Montana a good project to bet on.

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