Project Watch: Runwal Codename Walk

Runwal Codename Walk is a residential project in India and is among the upcoming properties in Mumbai. The upcoming apartments in Dombivali is located close to Thane.

The product  

The complex is among the top under-construction properties in Mumbai and has 1BHK, 2BHK and 3BHK apartments. Each apartment in the complex is spacious and is lit by natural light and cross-ventilated. Prices, super-built up area and other details can be requested for the project.

Some of the amenities that can be expected within the complex are:

• Basketball court
• Yoga room
• Party hall and lounge
• Senior citizens' sitting area
• Jogging track
• Swimming pool
• Gymnasium
• Badminton court, etc.

The builder

Runwal Group was founded in 1978 and has worked on 31 projects so far. They have developed five million sq.ft. of space in key areas of Mumbai such as Chembur, Ghatkopar, Thane and Mulund. Some of their key projects are Plaza in Thane West and Grand in Chembur. Their other under-construction projects in Thane West are Pearl and Garden City.

The group has been certified to be a “preferred” one by the government of Maharashtra. In 2011-12, it was awarded the 'Lords of the Land' title by Start Realty

How to reach  

Runwal Codename Walk, Mumbai can be reached through an efficient network of roads and railways from Mumbai and Thane. Dombivali has its own railway station which is connected to the central line of the Mumbai Suburban Railway Network. Apart from the Dombivali Railway Station, two other railway stations are under the city's jurisdiction -- Kopar and Thakurli. Local buses within the city are operated by the Kalyan Dombivali Municipal Transport (KDMT), while state-run buses provide services to nearby areas such as Bhiwandi and Panvel. The Navi Mumbai Municipal Transport or NMMT also operates buses from Dombivali to Navi Mumbai.

Locational advantages

Dombivali is at a distance of 20 kilometres from Thane, 50 kilometres from Mumbai and 30 kilometres from Navi Mumbai's Vashi. It has several manufacturing plants belonging to Lloyd Steel, Vicco Labs and Gharda Chemicals. The area is close to both Thane and Navi Mumbai and this makes commuting to Dombivali easy.

Infrastructure and future growth prospects  

The social and civic infrastructure of the area is well-developed to support an urban lifestyle. Schools (SV Joshi High School), hospitals (Lok Hospital in Thane), eateries (The Modern's Pride) are situated in the vicinity.

Dombivali is slated to benefit a lot from the physical infrastructure developments planned here. It is expected to gain access to two airports that are being developed in Panvel and Nevali. A six-lane wide cable suspension bridge has been proposed to be developed across the creek for connecting Dombivali with NH3.

Price comparison  

Prices of property in Dombivali have been hovering around Rs. 4,855 per sq.ft., which is affordable. Property prices have shot up by 45.6% in the area within a span of six months, and this is enough proof that investment in this residential project in Mumbai would give good returns.

Depending on your budget, you can decide on the configuration you would like to invest in.

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Recommendations

For any investor looking for good returns on investment, Runwal Codename Walk would be a scalable option to invest in.