Project status of Nirman Varad

Q: What are the flats available in Nirman Varad and when is the handover status of the same??

Sandeep Mhatre, Mumbai

26th February 2014

Residential Project Review in Nirman Varad Apartment, Mulund East, Mumbai

project details

project completion

project approval

project review

project in mulund

flats in mulund

apartments in mulund

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Replies (6)

Hi,
Do you think there is enough elasticity left in the Mulund East that any investment in a 1BHK apartment at Rs 75 lakh can double in 5 years?

Sandeep Mhatre, Mumbai

26th February 2014

Comment

Hey Sandeep,
Yes definitely the locality is good from investment point of view. But since the real estate market is ruled by demand and supply and other factors, one cannot exactly say to what extent it will fetch you returns in 5 years from now. Only time can say!!!! Ha Ha Ha

Ravi Waghmare, Mumbai

26th February 2014

Hey Anuj,
In fact several leading banks like HDFC, ICICI, Axis bank, IDBI, India Bulls, LIC Housing Finance are providing loans for this project. Depending upon your requirements and budget, you can accordingly avail the loan.

Ashish Sharma, Mumbai

26th February 2014

Comment

Hi,
Can anybody get me a list of schools and hospitals located in and around the project. Since I want to book a 1 BHK flat in this project, which banks are providing finance.

Jerome Fernandez, Mumbai

26th February 2014

Comment

Hi Jerome,
Some of the list of schools and hospitals situated within a radius of 3-4 kms from Nirman Varad are:
1. National Education Society
2. Nalanda Public School
3. Holy Angel High School
4. Indian Education Society
5. Bombay Presidency International School
6. Kelkar College of Science & Commerce
7. Seven Isles Cambridge International School

List of some of the hospitals located are:
1. Saidhan Hospital
2. Shushrusha Hospital
3. Maruti Nursing Home
4. Spandan Health Care
5. Anand Hospital
6. Navajeevan Hospital

Anuj Gupta, Mumbai

26th February 2014

Hi Anuj,
The project was launched about a year back and work is underway. 1 BHK costs approx 76.57 lakhs excluding registration and stamp duty and 2 BHK cost about 1.37 crore. This does not include registration and stamp duty charges. The area for 1 BHK is approx 580 sqft and 2 BHK comes with an area of 1036 sqft.

Jerome Fernandez, Mumbai

26th February 2014

Comment

Hi Jerome,
For your kind information, I have booked a 2 BHK flat 6 months back. Actually the builder is quoting Rs. 13200 per sqft. The connectivity and infrastructure are excellent from the project site to various places. Mulund station is just 2 kms and Eastern Express Highway is also at close vicinity from the project.

Sanjana Jain, Mumbai

26th February 2014

Hi,
I heard that completion time of project will 2016 end..

Dimpi, Mumbai

26th February 2014

Comment

Hi Sandeep,
Came to know that it is one of the ongoing projects undertaken by Nirman Group in Mulund East. The project consists of single block and has 16 floors. The project has 1 and 2 BHK flats and mostly the completion will be over by Dec 2016.

Ashish Sharma, Mumbai

26th February 2014

Comment

Hi,
Thanks Ashish for the info provided. May I know what are the prices quoted for 1 and 2 BHK. What is the rate per sqft the builder is quoting?? How is the connectivity from place of the project to other localities in Mumbai.

Anuj Gupta, Mumbai

26th February 2014