Worli And Prabhadevi: Mumbai is the city of dreams, the financial hub of India, and the reality remains that it will be the finest city in India to live and work by 2025, with a new City Center “Worli.”

 

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Are you searching flat for sale in prabhadevi?

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Mumbai saw a real estate sales frenzy between the fourth quarter of 2020 and the first quarter of 2021.

The major reason is because we all need a roof over our heads, and today we need a good quality roof over our heads with some luxury, space for each family member with privacy, and work from home, with each working individual occupying each room.

If you draw a huge circle around Lodha Park, World One, Raheja Imperia, Raheja Artesia, Omkar 1973, Ahuja Towers, Beaumonde, Rustomjee Crown, and 25 South India Bulls Sky Forest and connect the dots, you’ll notice that this circular zone is currently Mumbai’s richest and most costly belt.

Although affluent households live on Nepeansea Road, Altamount Road, Breach Candy, or Cuffe Parade, the new money spent ranging from 20 Cr to 50 Cr is in this zone of Worli and Prabhadevi, where the new posh skyscrapers provide the requisite space for a family searching for huge residences.

Most buildings in South Mumbai have a smaller footprint, thus families who are expanding or who want a great amount of room must migrate to Worli and Prabhadevi – Parel by default, where structures provide facilities. Most of the apartments in these high-rise buildings are supplied in raw form. Allowing you to design and utilise high-quality materials for a longer life and maintenance-free living for years to come.

 

 

This zone contains the highest concentrations of Mumbai’s most costly real estate.

A few compelling reasons why!!! This area of Prabhadevi, Worli, and Lower Parel has piqued the interest of a home buyer for a number of reasons:

 

Worli And Prabhadevi: Point 1

Worli – Prabhadevi connects to South Mumbai and the Western and Eastern Suburbs, and with the TransHarbour Link, one can reach Panvel from Sewri in 30 minutes, Lonavala in 60 minutes, and Pune in 90 minutes now that the speed limit has been raised. The coastal road in this zone will minimise traffic on the major Dr. Annie Beasant Road, for example.

 

Worli And Prabhadevi: Point 2

The majority of the projects began in 2016 – 2019 and will be ready for possession in 2022 – 2025. With a decent selection of floors available. The sales slowdown in 2018 and 2019, as well as the shutdown in 2020, resulted in developers releasing all of the inventory they had to end the sale. The elimination of the 5% GST on ready-to-move-in houses was a big plus.

 

Buy Now

 

Worli And Prabhadevi: Point 3

The drop in stamp duty from 6% to 2% until December 2020 and 3% until March 2021. Together with developer discounts and financial incentives, and home loans ranging from 6.7 to 7%, provided the impetus.

Oberoi Realty Ltd, K Raheja Corp, Raheja Universal, India Bulls, Hubtown – Wadhwa, Rustomjee. And Omkar are the prominent developers in this zone. Most high-end 3 and 4 bedrooms start at 7 CR and go up to 50 CR. With areas ranging from 1700 carpet to 5000 carpets and prices ranging from 55000 PSF to 105000 PSF on carpet areas.

 

Worli And Prabhadevi: Point 5

Secondary market sales increased as well, allowing purchasers to sell their existing houses and purchase new ones. Thus both the secondary and main markets witnessed increased activity.

 

Where does one go from 2021 to August. When there is no Stamp Duty advantage and just a limited inventory to offer?

 

Buy Now

 

Worli and Prabhadevi’s real estate markets will remain a steady demand and supply market.

Accessibility in Developers have ready-to-move-in houses in Lodha. All projects – The Park and World Towers, Artesia (Limited Offers). Oberoi Three Sixty West, 25 South In South Tower, and Raheja Imperia – are projected to be completed by the end of the year.

Hubtown will now sell the North Tower, with possession expected in 2026. India Bulls Sky Forest may potentially take another two years or more to complete. Lodha is planning another skyscraper in The Park. Rustomjee Crown, one of the next top projects, will be available for ownership by the end of 2022.

 

 

 

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