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Has this kabra aarti project started? I had heard this is under litigation

Replies (4)
1
Hi all,
Can you tell me what is the going property rate is in the Andheri East, Mumbai? Is there any other project that i can think about? Is it worth investing in the locality?
Deepankar Godbole


Well Deepankar,
The ongoing residential property rate in the locality is between Rs. 14500-18500/sq-ft. Other good project developing in the locality are Argentum, Kabra Christina, Nalanda CHS, Kabra Aurum, Kabra Vihang etc.

Owing to the connectivity it offers, the residential prices in the locality are at a peak. On the social infrastructure front, the area has some known schools and colleges like St. Xavier's High School among others. It has very easy access to airports upcoming Metro connectivity.
Shantanu Kumar,  Mumbai
11th November 2014


2
Well Shantanu,
I wanted to know the project locality and its connectivity to the other parts of the city? Which are the neighboring locality? Which are the other developer active in the locality?
Sankalp


@Sankalp,
Andheri East has a mixture of commercial and residential areas including MIDC SEEPZ Santacruz Electronic and Export Promotion Zone Saki Naka an industrial area etc. The International Airport is situated in Andheri East. The area enjoys proximity with commercial places like Chakala Sakinaka MIDC SEEPZ Sahar Road and Andheri Kurla Road. Touched by Highways like Jogeshwari Vikhroli Link Road JVLR and NH8, it scores on account of its easy access to the domestic and international airports. Western Express Highway is providing easy and fast access to commercial hubs like BKC, Lower Parel and the Eastern suburbs of Powai, Vikhroli, Mulund, etc After the Mumbai Metro between Versova Andheri West and Ghatkopar West becomes operational and travel time will be reduced.

There are about six new projects by reputed builders coming up in Andheri East. These include projects by Ackruti Builders, Oberoi Realty, Wadhwa Group, Hubtown and Lodha Group.
Shantanu Kumar,  Mumbai
8th October 2014


3
Kabra Aarti by Kabra and Associates located at Andheri East, near Chennai College, Mumbai offers residential flats. It offers only 3BHK in 2100 sq-ft. It's current price quoted by the developer is Rs. 10700/sq-ft. It has stilt+13 storied towers. It will cost to you around Rs. 2.25 Cr. all exclusive.
Shantanu Kumar


Hi Shantanu,
Which all banks are offering loan for this project? Has all the approvals in place?
Sankalp,  Mumbai
8th October 2014


Hi Sankalp,
All the leading banks such as Corporation Bank, Bank Of Baroda, HDFC, Axis, LIC Housing Fin. Ltd. SBI, DHFL, Kotak Mahindra Bank, Federal Bank, HSBC, ING Vaisya, Standard Chartered Bank etc. are funding for this project.

Yes, this project got approvals from BMC.
Shantanu Kumar,  Mumbai
8th October 2014


4
Hi,
I think project has started but better you visit the site. Check all the legal approvals. I haven't heard any negative news on that.
Sankalp


5

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