Home Buyers Rush to Lodha Developers' IPO

Q: Lodha Developers has opened booking for the pre-launch of its latest development in Prime Central Thane.

Kunal,

1st July 2015

Real estate News in Mumbai

lodha developers

pre launch project in thane

luxury project in thane

Follow Discussion

Also see discussions for

Mumbai Real estate News Real estate News in Mumbai

Replies (2)

As per the Lodha Developers, they are very pleased to receive over 1500 application in one day. It shows that the buyers have confidence in their developments and their brands. And they promised that they look forward to this growing interest so that the maximum number of people can take advantage of this great opportunity. .

Aneek Das,

1st July 2015

Comment

Right Aneek,
Their development is well located on Kolshet Road and in close proximity to prominent schools, hospitals, parks and business centres. The strong initial response for the project shows the robust demand and confidence in Thane's growth story. Thane is at the intensity of exponential growth and one of the hottest investment destinations in Mumbai today.

Lokesh Patwa,

1st July 2015

Apart from that, the location has gained popularity in the recent times for multiple reasons, especially its scenic beauty, and better social and hard infrastructure. The government's planned focus on making significant improvements in the region denotes Thane's importance towards uphold growth in the country.

Ketalpujara, Mumbai

1st July 2015

At the same time, the area enjoys good connectivity and premium developments at an ideal price point as compared to neighboring districts, all of which make Thane attractive from both a livability and an investment perspective.

The major USP of this project is that it serves to a large untapped market of mid-segment luxury home buyers, who are looking for the right product, location and price point especially within this region.

Aneek Das,

1st July 2015

Hi Kunal,
As per the current news, over 1500 applications were received on Day 1 of the IPO-style application process, which is a new innovation in real estate, building upon the process which is commonly used in the equity markets.

Lokesh Patwa,

1st July 2015

Comment

Hi Lokesh,
Anything is possible. If you have dedication towards your aim. The issue of application was pre-launched simultaneously across the globe including in India, New York, Singapore and Hong Kong and presents a unique opportunity for investors and end users all over to buy high quality real estate in the Mumbai Metropolitan Region at attractive rates.

Kaushik Bardia,

1st July 2015

Really a appreciable efforts Kaushik,
The customer application window opened on 27th June and completed applications will be accepted until 5th July. Lodha Developers has planned a self-contained development of smart-sized 1/2BHK residences in 28+ storied elegant towers. Besides the lucrative location, key highlights of the masterplan include 80% open spaces, world-class landscaping and prices starting at Rs. 55 lakhs only.

Lokesh Patwa,

1st July 2015