DB SkyPark Review

Q: Planning to buy a flat in this unit. Whats the status of the project and its completion date? Has anybody booked a flat so far?

Rakshit, Mumbai

11th March 2014

Residential Project Review in DB Skypark, Andheri East, Mumbai

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Replies (10)

Hi everybody,
I heard a lot about this project and decided to book a 2BHK flat in it. tHow is the developer DB Realty and it's track record?

Niyati Juthali, Mumbai

26th June 2015

Comment

Good afternoon Niyati,
DB Realty was established in the year 2007. Over the years it has built a good reputation with their clients and has achieved excellence through its quality commercial, residential and gated community developments. More than 25 projects in the pipeline, that focuses in and around Mumbai, is currently under various stages of planning and constructing. Their main motto is to be India's top real estate developer in each market segment, by benefiting values for their customers' shareholders, business partners etc.

Abhishke Karule, Mumbai

26th June 2015

The Commencement Certificate has been received now. Those of us who booked earlier can party now!
http://googleweblight.com/?lite_url=http://economictimes.indiatimes.com/wealth/real-estate/news/db-realty-ecc-konark-to-develop-residential-project-in-mumbai/articleshow/47724854.cms&ei=5Ar21LvX&lc=en-IN&s=1&m=215&ts=1434646828&sig=AG8Ucund9Ym2cjf18k6q3voxdghsC4lBfA

Amitoj Singh, Apartment Resident, Mumbai

19th June 2015

Comment

Thats a great news. Is the builder providing Occupancy Certificate for this project?

asim chorasia, Bangalore

24th June 2015

Hi Asim,
Occupancy Certificate will be given once you cleared all your dues or the final payment as per the payment schedule.

It is a Joint venture project of ECC-DB-Konark. near Terminal 2 of International airport in Andheri. DB Realty will have a 75% share in the project. This JV will develop 7 towers of 12 storey each with a total built up area of 4.7 lakh sq-ft. The project has achieved financial closure and the work has commenced for the first phase. The entire project is expected to be completed in three years.

Shreya Agarwal, Mumbai

26th June 2015

OC comes after construction is totally complete and posession is handed over to buyers.

Amitoj Singh, Apartment Resident, Mumbai

26th June 2015

I have booked one flat out of very limited by builder on 20:80 scheme after which the builder realized it was beneficial to the customer to a huge extent and not so much to themselves. It's a fantastic project and great location. It is also one of the few projects which is low rise and only one building so posession won't be delayed like the other projects the builder is known for. My flat is on 10th floor with airport view. If anyone interested in taking it. I need funds so can sell.

Amitoj Singh, Apartment Resident, Mumbai

29th March 2015

Comment

You can call on this toll free number (1800) (180) (180) (180) Or List your property for sale at List property for sale to find right buyer

Mahi garg, Bangalore

24th June 2015

Currently this project is under construction and it is expected that the possession date will be September'2017.
If you are planning for loan then HDFC will help you as they have approved this project. And you will have to pay Rs. 108 for floor rise.

Abhishke Karule, Mumbai

28th January 2015

Comment

Hi Amit,
DB Skypark by DB Realty located near Hyatt Regency Hotel, Marol Pipeline Road, Andheri East, Mumbai. It offers 2/3 BHK residential apartments from 1450-1709 sq-ft. It's current price is Rs. 15000/sq-ft. And a 2BHK will cost to you Rs. 2.17 crore whereas 3BHK will around Rs. 2.31 cr. to 2.56 cr. onward. It is G+15 storey apartment consists 5 blocks.

Abhishke Karule, Mumbai

28th January 2015

Comment

Planning to buy a flat in this Building? Whats the status of the project and its completion date? Rate Offered?

Amit Kewalramani, Apartment Resident

14th January 2015

Comment

Hi Deepankar,
Oh Ok. Looks like the connectivity is excellent. May I know what is the rate the builder is quoting and which banks are offering loans for this project? Should I go for fixed or floating method for availing loan. Need your suggestions?

Vineet Tendulkar, Mumbai

11th March 2014

Comment

Hi Vineet,
Came to know that the builder is charging Rs. 15500 as rate per sqft. Many banks have tie ups for this project for availing home loans like HDFC, ICICI, Citi bank, Standard Chartered bank and Axis bank. As far the mode of payment is concerned it is upto you to decide which option is best suited for you based on your requirements and the budget and the tenure of repayment.

Praveen Modi, Mumbai

11th March 2014

Hi Shantanu,
I had been to the site some time back and came to know that the flats are located at prime location in Andheri East. It is very close to Hyatt Regency hotel and at close vicinity from Mumbai airport. Andheri station is just 10-15 minutes drive from DB SkyPark and is close to many schools, hospitals, malls and restaurants. Bus services run by BEST are always available at regular intervals. Besides taxis, autos are the other modes of local transport available from the place where the flats are coming up.

Deepankar Godbole, Mumbai

11th March 2014

Comment

Hello Lalit,
I have booked a 2 BHK flat in this project in month of Jan. 2 BHK have an area measuring 1488 sqft and are priced at 2.30 crore onwards. If you are looking at bigger area then you can go for 3 BHK which have an area ranging from 1540-1710 sqft and the price comes to approx 2.38-2.64 crore. The price quoted are without registration and other charges.

Sankalp, Mumbai

11th March 2014

Comment

Mr Sankalp,
I too have booked a 2 BHK flat in this project. In fact the amenities provided are far too good like swimming pool, podium car parking, WiFi connectivity in every flats, 24/7 water supply, 100% power backup, club house, child play area and much more.

Shantanu Kumar, Mumbai

11th March 2014

Hi Rakshit,
Heard that work has already commenced for this project. In fact the project was launched in the year Dec 2013 and builder will be giving the possession by Dec 2016. Totally the flats have 5 blocks having 15 floors each.

Bikram, Mumbai

11th March 2014

Comment

Hmmmm. K. Thanks for the instant reply Mr. Bikram. Want to know what are the units available in this project and the facilities provided by the builder. Is the location and the connectivity good enough as I have a plan of buying a flat in this project since I am getting relocated from Cochin to Mumbai.

Lalit Verma, Mumbai

11th March 2014