Godrej Central, Chembur review

Q: Got to know that Godrej properties are coming up with a new project in Chembur in Mumbai. The project's name is Godrej Central? does anyone has details about this project? how is it for investment purpose?

Ashish Sharma, Mumbai

1st March 2013

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Replies (9)

Hi Guys,
I am interested in this project. Currently they are quoting Rs.1.97cr for a 2BHK in a 30:70 scheme. Even this project has a 30 yrs lease, with possession in another 3.5 years. What do you think about this risk and how can we make sure this risk is minimal ?

Ravi Waghmare, Mumbai

15th July 2015

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Hi Ravi,
Buying decision depend on one's requirement and financial condition. I would suggest that pre-launch is not good option to invest it just a greed that leads to delay in investment or possession. Hope you take decision wisely.

Sanjana Jain, Mumbai

15th July 2015

Good evening everybody,
How is the locality and its connectivity to the other parts of the Mumbai City? Any idea?

Ketalpujara, Mumbai

26th June 2015

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God Evening Ketal,
Chembur is one of the best connected localities in Mumbai. In the vicinity of major upcoming infrastructure developments which include Mono rail (Jacob Circle – Wadala - Chembur) , Metro Rail plying from Chembur. Well connected to all major roadways such as Eastern Express highway, Eastern Freeway and the upcoming Santacruz Chembur Link Road establishing a link between the Eastern Express Highway & Western Express Highway and Sion-Panvel Highway connecting to New International Airport. In close proximity to BKC which Is a central business district.

Roshni Pawal, Mumbai

26th June 2015

Hi all,
Godrej Properties' current project called Godrej Central located at Shell Colony, Sahakar Nagar, Chembur, Mumbai. It offers 2/3BHK residential flats. This prject is spread over 3.64 acres of land and consists 10-Towers in G+16 storeys apartment. The sizes of 2BHK starts from 711-751 sq-ft. and 3BHK in 1165 sq-ft. And the developer has quoted the current price for 2BHK is Rs. 1.82 core to 1.93 crore onward and Rs. 2.99 crore onward for 3BHK

Miraniyatin, Mumbai

22nd May 2015

Comment

Hey Miran,
Do you have it's possession update? I have bought a 2BHK flats of this project and as per the builders the project possession date is on June 2017. What is the current status of this project?

Dayananda, Mumbai

22nd May 2015

Hi,
To get more details of this project click the link Godrej Central, Chembur

Or,

To get best deal on it list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile

Shrikant Kejriwal, Mumbai

23rd May 2015

Hi Daya,
I would suggest that pre launch is not good option to invest it just a greed that leads to delay in investment. Hope you take decision wisely. Chk out all the required legal documents before investing in any project. Money once goes will never come back easily.

Shalini Parikh, Mumbai

26th June 2015

Hi everybody,
I heard that Godrej Properties is moving on selling entire inventory at Godrej Icon in Gurgaon. As the news releases the Shares of Godrej Properties moved higher by 8% to Rs 258 on the NSE in late-noon trades.

Ketalpujara, Mumbai

22nd May 2015

Comment

Yes, The company has sold over 200 apartments, with an area over 400000 sq.ft in just 3 weeks at the launch of its residential project, Godrej Icon, in Sector 89A/88A, Gurgaon.

Mansoor Bithal, Mumbai

22nd May 2015

@Mansoor,
I have some currents updates on it. Godrej Icon, Gurgaon is spread over 9 acres and it consists of 9 towers including a 32-storey Iconic tower. The project is being developed as a joint venture with Oasis Build home Private Limited.

Ketalpujara, Mumbai

22nd May 2015

@Ketal,
Godrej Properties has a good track record in the realty market. And currently, company is developing residential, commercial and township projects spread across 10 million sq-mtrs in 12 cities.

Mansoor Bithal, Mumbai

22nd May 2015

Hi guys!! Before investing check all the approvals taken by the developer.. I know they are renowned developers and won't cheat but I have heard that this area comes in the flight path of the Mumbai airport and there are height restrictions which are in place due to which Godrej might not increase the height of the plot which could have been one of the partial solutions to the water logging problem.

Wasim Mohammad, Pune

8th March 2013

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Yes it is true.. Also, the project is very close to Mumbai Business Hub – Bandra-Kurla Complex and the Eastern Express Highway. The planning for the project done is appreciative and Godrej Central gives excellent connectivity to all major parts of the city being close to 3 railway stations, 3 highways and 2 airports. It will offer 1,2, 2.5 & 3 BHK apartments. The pricing for Godrej Central is expected to start from Rs. 95 Lakh onwards. So start planning for the project!

Sanjana Jain, Mumbai

8th March 2013

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I had heard somewhere that Godrej Properties have started marketing their upcoming project which is known by the name Godrej Central in Chembur. This new project by Godrej Properties in Chembur is situated close to Tilak Nagar Station.

Ashish Sharma, Mumbai

8th March 2013

Comment

Hey Sankalp, as you know about this project, then how much area are they planning to sale in this launch? I heard that the entire project is about 6 lakh sq. ft of saleable area. I don't know if this is true, but have heard from sources that the price for 1 bhk is starting from around Rs 1 crore inclusive of stamp duty.Does anybody know the rate prevailing in that area?? Please guide..

Deepankar Godbole, Mumbai

7th March 2013

Comment

Hi Ashish, I think it is a redevelopment project in Chembur at Sahakar nagar. This project is of MHADA Colony.. I am telling this because residents of 18 out of the 39 units at Sahakar Nagar in Chembur have signed up with a builder to redevelop their properties. This locality is a public housing colony built by the Maharashtra Housing and Area Development Authority (Mhada) in 1954 in Chembur's Shell Colony. With this redevelopment, it will become one of the biggest projects this year..

Sankalp, Mumbai

7th March 2013

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