What Can You Buy For Rs 50 Lakh In Mumbai?
Real estate in India's financial capital Mumbai is among the most expensive in the world and finding affordable properties in the city is no child's play. However, with a little assistance, it certainly is possible to have a house in the City of Dreams.
We list five projects that allow you to have a house in Mumbai in Rs 50-lakh budget.
Locale: 27 GBR is a residential project located in Thane West by Cosmos Group. The project is conveniently located in Thane West, and it is well connected to the Eastern Express Highway. The Thane Railway Station lies around 5.1 kilometres away from the area. National Highways 3 and 4 are also located in close proximity to the project.
Price and size: There are 132 apartments to be launched in this project and it will ready for possession by August 2016. It offers 1 and 2 BHK apartments at price points of Rs 11,077 per sq ft. The sizes of the apartments are ranging between 427 sq ft and 668 sq ft.
Amenities : The project offers amenities a like a gymnasium, a swimming pool, a children's play area, a landscaped garden, sports facilities, a jogging track, a food court, a conference room, piped gas connections, a Wi-Fi connectivity, elevators, a fire alarm system and CCTV surveillance systems.
Locale: Located in Badlapur East, 9 Krishna is a residential project by Ishaan Dream. Badlapur East is a rapidly developing city in the district of Thane which is about 50 kilometres from Mumbai and 36.3 kilometres from Thane. Some of its neighbouring areas are Kulgaon, Belavali and Katrap. The area is well-connected to major areas through roadways and railways.
Price and size: 9 Krishna is a 24-unit project, offering 1BHK apartments, each sized at 600 sq ft. The price of the apartments is Rs 3,150 per sq ft.
Amenities: This project provides amenities such as power back up and elevators.
Locale: Nirman Construction has launched a residential project named Aadi Aarambh in Ambernath East, Mumbai. Ambernath East is one of the popular places for affordable residential properties in Mumbai and it is located in the suburb beyond Thane. It lies near Kalyan West, Kalyan East, Ambernath West, Ambivali, Badlapur East, Badlapur West and Navgaon. There are several reputed educational institutions and hospitals in the neighbourhood.
Price & sizes: Aadi Aarambh has 140 units of 1 and 2 BHK apartments available in sizes ranging from 618 sq ft to 930 sq ft. The apartments of this project are available at a price of Rs 3,000 per sq ft.
Amenities: The project offers amenities like a power back-up system, a swimming pool, a gymnasium, a rain water harvesting system, a club house, 24x7 security services, a car parking area, a jogging track and elevators.
Locale: Aagan is a residential township developed by Shri Sai Balaji Developers in Dombivali, Mumbai. Dombivali is a suburb of Mumbai located in Thane district and comes under Kalyan-Dombivli Municipal Corporation. Closeness to major IT parks and industrial hubs makes this locality popular among residential buyers and investors. Dombivali is well-connected to prominent locales in Mumbai by roadways and railways.
Price & sizes: The project has 305 units of 1, 2 and 3 BHK apartments. The apartments are available in sizes of 660 sq ft to 1,240 sq ft and the price is Rs 6,000 per sq ft.
Amenities: Key amenities offered at this project include a gymnasium, indoor game facilities, a playing zone for kids, a clubhouse, a power backup facility, intercom facilities, car parking facilities, a swimming pool and elevators.
Locale: Athens is a project by Vishrut Constructions in Kharghar. The project was launched in March 2015 and is expected to be completed by January 2017. Kharghar is one of the 14 nodes of Navi Mumbai, and the area is situated just off the Mumbai-Pune Expressway. It is bounded by two strategic highways and it enjoys excellent connectivity to all major places of Mumbai. The area will soon be connected with various parts of the city with metro rail and mono rail.
Price & size: Athens has 35 units of 1BHK apartments available for a price of Rs 6,600 per sq ft. The apartments are available in sizes ranging from 605 sq ft to 700 sq ft.
Amenities: This project equipped with amenities such as a gymnasium, a children's play area, a power backup facility, an intercom facility, a landscaped garden, a car parking facilities, a rainwater harvesting system and elevators.
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