Info about Blue Moon by Lodha Group

Q: Can you please give me some details about Blue Moon by Lodha Group. They are selling the projects according to IPO model. Can you throw some light about the same? Thanks in advance!

Sishir,

7th January 2013

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blue moon by lodha group

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Other reputed builders like Brigade Group, Amrapali and Supertech are also coming up with smaller-size apartments to gear up the home sales. As the developers are finding it difficult to sell expensive residential projects due to high property price. Amrapali Group have launched apartments of 1350 square feet size, Supertech have come up with apartment size of 1000 square feet and Brigade Group have reduced the size between 950-1150 square feet.

Gurmeet,

30th March 2013

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As the demand for luxury homes have gone down, the developers are now concentrating on smaller-sized apartments in India. Developers are now offering cheaper homes without decreasing per area price to increase sales. Last year home sales have seen a downfall, with the increase in property prices. Though the home sales have dropped, the demand for housing is still on rise. Home buyers are sitting on the fence to make investments but waiting for prices to come down.

Harmeet Kaur,

30th March 2013

Comment

Real estate developers are showing more interest in launching smaller homes at affordable rates. An higher official of Lodha Group said that they have launched a smaller sized project in the new Lower Parel. The name of the project is Blue Moon. These project managed to lure many property buyers in the south Mumbai market.

Neeraj Rao,

30th March 2013

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Hi Shishir

I've been researching on Lodha Blue Moon Project

Deepak Narain, Mumbai

15th January 2013

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The project, which is spread across 17.5 acres called Blue Moon, will be constructed on Mumbai Textile Mills plot which has been recently acquired by Lodha from DLF for Rs 2725 crore. For now, two towers are being released out of six planned.The IPO offer is valid from January 18- 27, 2013 and buyers will be able to bid for four categories covering 2 BHK, 3 BHK & 4 BHK apartments in the size range of 1,370 sq ft- 2,300 sq ft.

Rakshit, Mumbai

8th January 2013

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