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An Analysis of Parel Real Estate property market

February 01, 2018 | Admin

An Analysis of Parel Real Estate property market

Mumbai is an incredible city in the state of Maharashtra that has turned into a major economic hub of the country. There is so much to this city other than what meets the eye! Today, Mumbai is one of the most loved cities that many want to be a part of. The real estate sector in Mumbai is booming with a number of residential as well as commercial projects in different parts of the city and its outskirts as well. Out of the multiple locations in Mumbai, Parel is a location that has come a long way over the years.

Located in Central Mumbai, Parel was ideally an industrial area in the early days, but is now one of the best locations to reside in. From high-end infrastructure and transportation, to entertainment zones, schools, colleges, institutes, malls, shopping centres, supermarkets, banks, ATMs, cinemas, cafes, restaurants, clubs, pubs, lounges, hospitals, medical centres and more, there is nothing that you cannot find in Parel. Its strategic location also offers fast and easy connectivity to other locations in North and South Mumbai.

The positive transformation of Parel over the years has drawn the attention of plenty of real estate companies today. In fact, Parel has turned into an ideal location for home buyers and investors as well. As the property price in Parel is on a steady rise, high returns in the future is something you can definitely expect when investing at this location. While the residential options are many in Parel today, investing in a project that offers you the best deal is very important in order to life a modern-day lifestyle and pull-in better returns at the end of the day.

Lodha Xclusive is an incredible residential project at Parel, Mumbai by Lodha Group that you should consider when looking out for apartments that offer you A-class luxury.Spread over an acre of land, this residential development contains 1 magnificent high-rise tower (G +41) that offers variants of 2BHK, 3BHK luxury apartments with carpet area sizes starting at 650 sq. ft. and going up to 1050 sq. ft.

This development packs a good punch of luxury and comfort through its wide range of internal and external amenities. The apartments are spacious and contain premium flooring, imported modular kitchens, plush fitting & fixtures, safety features and more. The external amenities are mind blowing and include a clubhouse on the 7th floor, swimming pool, sports facilities, gymnasium, healthcare facilities, multipurpose hall, 0 to 6 floors podium parking, fast lifts and top-notch security.

Starting at a price of Rs.3 Cr. and gradually moving up to Rs.4 Cr., the apartments at this development are affordable and worth every penny spent.

Lodha Codename Big Win is another residential project in Mumbai by Lodha Group that offer high-end luxury and nothing short of it! Spread over 5 acres of land, this development offers variants of 2BHK, 3BHK apartment with carpet areas starting at 631sq. ft. and going up to 1289 sq. ft.

This development offers all that you need for a modern-day lifestyle. The apartments contain elegant flooring, fancy kitchens with multiple provisions, high-quality doors and windows, safety features, etc. This development also offers a fabulous range of external amenities that include a clubhouse, gym, swimming pool, indoor/outdoor games, landscape garden, Ganesh Temple and good security.

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