All You Need To Know About Piramal Vaikunth Phase 2, Thane

Thane is one of the most flourishing suburbs of the financial capital of India Mumbai. With strong infrastructure, good connectivity to the city centre and coming of various real estate projects both residential and commercial, Thane is being explored by investors as well as home buyers looking for affordable property in Mumbai's vicinity. A part of the Mumbai Metropolitan Region, this city of lakes is also known for various recreational and leisure spots.

A hit among home buyers, Piramal Realty planned to explore the city of Thane with its project Piramal Vaikunth Phase 2 in Central Thane. With this project the developer will launch twin towers Vahin and Vrisa.

The project

After the successful launch of Phase 1 of Piramal Vaikunth in Baklum, Piramal Realty has launched the Phase 2 of Piramal Vaikunth. The new residential complex is spread across 32 acres of land and has two towers which house 176 residential apartments in total. The apartments in Piramal Vaikunth Phase 2 are available in 2BHK and 3BHK configurations with sizes varying between 1,453 sq ft and 2,020 sq ft.

All the apartments are provided with private balconies, which provide a panoramic view of Thane creek. It boasts of world class design and amenities, including:

• 50 per cent dual aspect apartments with three sided views
• ISKCON temple
• Swimming pools
• Clubhouse & gymnasium
• Bike trails & jogging track
• Retail boulevard
• ATM
• Rainwater harvesting
• Cafeteria

The locality

Piramal Vaikunth Phase 2 is located in one of the most-developed suburb of the Mumbai Metropolitan Region. It is close to the major highways NH-3 and NH-4 along with the Eastern Highway. The railway station is just at a distance of 7.9 kms from the project location. Some of the famous schools in the vicinity include The Euro School and DAV Public School. The nearby local stations to the residential apartments are: Thane station, Mulund station, and Balkum naka bus stop. In the near future the Metro from Thane to Kasarvadavli will also be developed.

The price

While the price of apartments in Vahin Tower is Rs 9,040 per sq ft, the apartments in Vrisa Tower are available for a price of Rs 9,280 per sq ft.

The developer

Piramal Realty was established in 2012 as the real estate development division of the Piramal Group. Piramal Realty celebrates nature, greenery, space, light, ventilation, art, culture and community living, while having its focus on embracing more perceptive definition of luxury, while being ultramodern.

PropGuide's Verdict

Overall recommendation

Thane, one the upcoming residential real estate markets near Mumbai, is worth investing in given the growth in the area. The developments are expected to accelerate property prices here thus, making it profitable to invest here. So, for those looking to live or invest in Thane, Piramal Vaikunth Phase 2 could be one of the projects you could look at.

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