Posh localities offer properties worth in a range from 1 to 7 crore

Q: Hi, Premium localities like Worli, Prabhadevi and Lower Parel are offering properties between 1-7 crores with international standard amenities.

Shrikant Kejriwal, Mumbai

11th March 2014

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Hello,
The major reason these areas are ideal for premium residential projects, is the proximity to commercial links such as Nariman Point, Bandra and Bandra Kurla Complex. The Bandra-Worli Sea Link has enhanced the connectivity of Worli, Lower Parel and Prabhadevi, to these areas. While Nariman Point is about 25 minutes away, Bandra is reachable within 15 minutes from Worli and Prabhadevi and about 30 minutes from Lower Parel via the Bandra-Worli Sea Link which offers traffic free drive. Moreover the localities are located within 30-45 minutes drive to the airport and are well-placed, in terms of social infrastructure too. The upcoming metro project is also one of the contributing factors to the realty market of both the localities which is pushing the demand for such properties.

Ashish Bhoite, Mumbai

11th March 2014

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Hi Shrikant,
Worli, Prabhadevi and Lower Parel, prime localities in Mumbai, are offering high-end properties, starting from Rs 7 cores and above. These areas offer luxury apartments with 3, 4 and 5-BHK units within the said budget. The tastes of the customers are also changing along with the passage of time.

Abhishke Karule, Mumbai

11th March 2014

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Hi,
Nowadays everybody like to possess a BMW or an Audi under their homes. Hence they dont mind spending for that comfort and exclusivity. It seems that the property prices in Prabhadevi and Worli, range from Rs 35,000-42,000 per sq ft, whereas, in Lower Parel, the properties are available at a starting price of Rs 31,000 per sq ft. The property prices in this area go up to Rs 1 lakh per sq ft. Located within walking distance from each other, all these areas are situated in central Mumbai and enjoy good connectivity to commercial hubs of the city.

Abhijit Thanki, Mumbai

11th March 2014