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Mumbai Status Development
1,2 and 3 Bedroom Apartments
Apartment sizes: 600sq.ft - 1100sq.ft
Prices from: £22,846.
Mumbai status apartments in Mumbai, India
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Premium build brand new off plan 1, 2 and 3 bedroom luxury apartments started construction on 10th May 2007 and will be completed in December 2009. The apartments will be strategically located amongst the plush neighbourhood of Mira Road, a small town situated north of Mumbai.
The apartments will be built to a high specification to include earthquake resistant RCC frame, wooden flooring, ceramic tiling; seasoned hardwood framed doors with decorative teakwood panels and will include fully fitted kitchens and en-suite bathrooms.
Mumbai status apartments in Mumbai, India
Mumbai status apartments in Mumbai, India
Mumbai status apartments in Mumbai, India
The luxury innovatively designed apartment blocks situated at Mira road and in what will be the finest address in the suburbs all come with their own private elevator and will offer the discerning buyer the optimum utilization of space in a well ventilated and airy environment.
The Mumbai Status development boasts many utilities provided by the Mumbai Municipal Corporation such as power, telecom facilities and transportation, making it an ideal choice for the young professionals of Mumbai. Among the facilities available within the development will be a health club and swimming pool for all the family, a bar and restaurant, which can all be enjoyed without a care in the world knowing security will be 24/7 in this gated community.
Mumbai, lies on the West Coast of India, in the State of Maharashtra , facing the Arabian Sea . The city occupies an area of 440 sq. km. with a population of 18 million people. Along with its neighbouring suburbs, it forms the world’s sixth most populous metropolitan area with a population of 25 million people. This is projected to rise to 4 th place in the world by 2015, due to an annual growth rate in population of 2.2%.
The City has a deep natural harbour, and the port of Mumbai handles almost half of India's commercial and passenger traffic. Mumbai is the commercial, financial and entertainment capital of India . It houses most of India's largest companies including the Stock Exchange and the Reserve Bank of India , and Bollywood, the centre of the Hindi movie industry and its studios and production houses. Most large foreign financial institutions such as Goldman Sachs, Deutsche Bank, etc have also made Mumbai their Asian corporate headquarters.
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Key Selling Points:
* Affordability
* Very attractive payment structures
* Opportunity to flip before purchase to avoid buying fees
* Excellent capital growth potential
* Guaranteed buy back option
* Guaranteed 2 year rental for Buy-to-Let investors
All properties can be flipped before completion to avoid paying any balances outstanding
Payment options available:
50% on registration
25% on concrete finish
25% on completion
Apartment sizes available:
1 bedroom 600sq.ft
2 bedroom 850sq.ft
3 bedroom 1100sq.ft
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Why Mumbai, Mira Road is a Good Place for Investment
The people of Mumbai lead a very fast paced life, working hard by day and partying all night. The city has a rich cultural heritage reflecting its glorious future. It attracts people from all over the country and the world because of the tremendous business opportunities the city presents and the relatively high standard of living. It is considered the ‘ New York' of India .
Mumbai has a very futuristic lifestyle as it is the point of arrival for most international tourists to India .
Even though the property market has always been at a high in Mumbai, growth in disposable incomes and easy availability of loans have further escalated prices.
The active high end residential real estate markets in Mumbai include Malabar Hill, Nepeansea Road , Cuffe Parade, Worli, Bandra, Khar, Santa Cruz , Juhu and Andheri.
South Mumbai residential market witness a considerable increase in demand owing to a huge influx of expatriates as well as the restricted supply with demand exceeding supply both the rental and capital values in this part of the city have shot up. Estimates for the last year of between 40-100% were realistic.
However due to the limited availability of prime locations the suburban markets are now emerging as the most attractive options. Areas such as Mira Road in the North of Mumbai are now gaining importance in terms of their location and easy accessibility to Mumbai Central. This area is now attracting the growing middle-class, who are highly educated, looking to start on the property ladder.
For more information on this development click the links below:
Why Mumbai?
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Property Listing:
Vian Status - India
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