Can i expect 100 % capital appreciation by investing in good project after 10 years in waghbil in ghodbundar road.

abhishek, Mumbai

1st April 2014

Investment Advice in Bhoomi Acres, Ghodbunder Road, Thane

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Replies (4)

Dear all I am planning to buy 2 BHK in phase one for living
is it worth to invest in phase I
what abt building construction quality and other paramenters
Can any body share their views

Jay, Apartment Resident, Thane

4th November 2014

Comment

Hi Jay,
Bhoomi Acres is developed by Bhoomi Group and is located at Thane (W), Thane. It is located right adjacent to Hiranandani Estate and all the zones of daily utilities are located in the vicinity. It offers 1/2 BHK residential apartments in different sizes of homes to suit the preferences of home buyers from different walks of life. 1BHK from 565-750 sq-ft. and 2BHK from 995 sq-ft. to 1140 sq-ft. It will cost around Rs. 44 lacs to Rs. 58.50 lacs for 1 BHK and Rs. 77.61 lacs to Rs. 88.92 lacs for 2 BHK all exclusive. The current price is Rs. 7800/sq-ft.

Bikram, Mumbai

2nd December 2014

Bhoomi Acres by Bhoomi Group is approved by all the leading banks and financial institutions. It has an elevated landscape garden with children’s play park & jogging track along with the club house with state of the art gymnasium with steam facility. More to the list of amenities is a beautiful swimming pool with toddler pool, lawn tennis court, multipurpose hall, decorative terrace with banquet and ample car parking. Moving forward comes the spectacle of sewerage treatment plant for superior hygiene and building are designed to resist seismic force.

Rakshit, Mumbai

2nd December 2014

Bhoomi Group's Bhoomi Acres Ph-1 is ready to move and Phase-2 will be hand over till December-2016.
Few flats in Phase-1 is available for re-sale option.

Bikram, Mumbai

2nd December 2014

There are 2 approaches to this project. One via Waghbil naka (opposite Suraj Water Parak) and one via Hiranandani Estate (Patlipada). The area can be called as an extension of Hiranandani Estate. This project is 8-9 kms from Thane station and has bus/rickshaw/taxi connectivity. Currently quoting around 7500-8000 per square feet and has availability in ready as well as under construction. Can choose based on financials. Nice projects in neighborhood include Rosa Royale, Rosa Oasis, Palacia. Can look at these also.

william, Apartment Resident

17th April 2014

Comment

Thanks for information,
Can anybody understand me the approachability of the project? Which all options are available for booking? What is the current price developer quoting? Do you have any idea when the possession for this project is projected?

Neeraj Rao,

9th April 2014

Comment

Well Neeraj,
Bhoomi Acres is one of the popular residential development in Thane West neighbourhood of Mumbai. It is strategically located opposite Suraj Water Park at Ghod Bander Road in Mumbai. It is a G+14 storey apartmen divided in 7 blocs. The project offers 1/2/3 BHK residential apartment in various ranges. Area of 1BHK is 500-750 sqft, 2BHK in 995-1065 and 3BHK in 1251 sqft. The current price is Rs. 8000/sqft. The projected date of possession will be around December'2016.

Padma G, Mumbai

9th April 2014

Thnks once again,
How is the project connectivity? Which are the renowned developers of the locality? Why most of the developers move towrds this location?

Neeraj Rao,

9th April 2014

Well,
It is nearly 6 kms from Thane Railway station and the Ghodbunder Road Highway is within 2 kms of the locality. It has close proximity to Borivili, Kasar Vadavali Mira-Bhayander and Ahmedabad Highway.

Metro Rail line connecting South Mumbai to Thane once constructed will change the face of Thane. The ready 8-laning of the Majiwada flyover is expected to improve traffic conditions a year later.

The prominent developers having projects here include Prestige Constructions, Vijay Group, DB Realty, Cosmos Group, Bhoomi Group, Rosa Group,Lodha Group too has a residential project in the neighbourhood. I think these are the reason which attracts most of the developersis to launch projects here.

Padma G, Mumbai

9th April 2014

Hi Abhishek,
Nobody can commit you for 100% capital appreciation. It depends on locality, budget, connectivity, civic facilities, infrastructural development and employment oppertunity of that locality. As per the data, the capital values in Waghbil have increased by about 27% to Rs 8,00o/sq ft in 2013 compared to Rs 6,300/sqft in the last year. Currently the price move in the same locality is Rs. 8700-9100/sqft. So you can think about the appreciation itself.

Padma G, Mumbai

9th April 2014

Comment

Hi,
Can anybody give me idea about the locality? Is there any infrastrutural development is happening?

Neeraj Rao,

9th April 2014

Hi Neeraj,
Waghbil is strategically located on Ghod Bunder Road, Thane West in Mumbai. It is nearly 6 kms from Thane Railway station. This place is having excellent connectivity to all major location and daily needs. It's neighbourhood areas are Sanjay Gandhi National, Thane creek and Suraj Water Park.The famous residential complexes in the neighbourhood include Vasant Leela, Kanchanpushp complex, Vijay Nagri Annex, and Anand Nagar among others.

The imminent 8-laning of the Majiwada flyover is expected to improve traffic conditions and also increased residential prices in Waghbil ahter the completion. This flyover passes through the busiest road junction in Thane city and will help those coming from Mumbai. They can directly follow the flyover for Kalyan.

Padma G, Mumbai

9th April 2014