Project In Focus: Sunteck City Avenue 2, Mumbai
The Andheri-Goregaon stretch is a sought-after suburb in Mumbai. The area is scoring as a high-end housing destination and enjoys smooth connectivity to the international airport, a thriving special economic zone (SEZ) and corporate offices. Infrastructure developments like proposed metro and road projects make this region one of the best investment zones in the maximum city. Sunteck City Avenue 2 is a residential project launched in this busy suburb by renowned developer Sunteck Realty.
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About the property
RERA ID: P51800002637
Avenue 2 is the second phase of development of Sunteck City which is a 23-acre integrated township. Part of a 16-acres brownfield development, the project is nestled between Andheri Lokhandwala and Goregaon West within Oshiwara District Centre (ODC). Flanked by 30 mt and 40 mt wide DP roads, the 2.3-acre project comprises 570 units of 2, 3 and 4BHK apartments and unit sizes varying between 579 sq ft and 1,100 sq ft. Launched in October 2015, Avenue 2 is currently under construction, and will be ready for possession by April 2021. The gated community also has designated areas with landscaping and tree planting. Contemporary and leisure amenities are available for the residents which entail:
- A rainwater harvesting system
- Stormwater drains
- A sewage treatment plant
- A jogging track
- A children's play area
- A swimming pool
- Multipurpose recreational space
- 843 proposed covered parking spaces
The developer
Sunteck Realty is a Mumbai-based real estate company, with around 15 years of industry experience. It has successfully steered developments in residential, commercial, retail, hotels, entertainment parks, etc., and has expertise in leading projects in the ultra-luxury and luxury residential segment.
Advantages of well-established neighbourhood
Located 11 kilometres away from Mumbai, Goregaon West is one of the prominent and well-developed suburbs. Primarily a residential zone dominated by middle-class families, the area around Andheri-Goregaon is now witnessing a growth in luxury housing segment.
Social infrastructural facilities are available for the residents which encompass renowned schools, colleges, hospitals, shopping malls, restaurants, branded retail outlets, supermarkets, entertainment zones, etc. The neighbourhood is known for its usual hubbub of a busy commercial district as the surrounding area also includes an SEZ, Santacruz Electronics Export Processing Zone (SEEPZ). In addition, there are several corporate offices in the vicinity such as Hindustan Unilever Limited and Glenmark Pharmaceutical Limited.
Connectivity and infrastructure
The location boasts a robust transport link provided by Western Express Highway and western line of Mumbai suburban railway connecting the area to south Mumbai and northern suburbs. New developments on infrastructure front such as the opening of the much-awaited Goregaon-Mulund Link Road is expected to improve connectivity in the locality. Besides, the proposed Dahisar East-Andheri East metro link is expected to provide excellent connectivity and decongest the Western Express Highway. An upcoming planned development by MMRDA, ODC, will soon witness developments like JVLR east-west flyover and Mirnaltai Gore flyover. There is easy connectivity to Chhatrapati Shivaji International Airport which is a 40-minute drive from the location.
Average price in the area
Residential properties in the area have an average capital value of Rs 14,000 per sq ft. Apartments of 1BHK layouts with an average size of 550 sq ft have an would cost Rs 80 lakh. Apartments of 2BHK layouts are priced at an average rate of Rs 1.4 crore and may be within 1,100 sq ft. Apartments of 3BHK layouts have an average price of Rs 2.2 crore for the average unit size of 1,400 sq ft.
PropGuide's verdict
Buyers and investors looking for properties in an upscale neighbourhood of Mumbai will surely benefit from investing in Sunteck City Avenue 2. With good connectivity and proposed infrastructure developments as well as presence of commercial hubs nearby, the property is sure to meet your expectations.
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