BlackSoil Realty set to invest Rs. 25 crores in Ahuja Constructions' residential project, O2 at Sion East

Q: The Fund will be investing Rs. 25 crores through special purpose vehicle.

Vasanth,

30th November 2015

Buying property in Ahuja O2, Sion East, Mumbai

ahuja constructions

ahuja o2 (sion east )

o2 at sion (e)

blacksoil realty fund�i

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Replies (4)

Hi all,
Can anybody provide me the project details of O2, Sion East? When is the project going to be completed? Any idea?

Manisbapu, Mumbai

30th November 2015

Comment

Welcome manis,
The project 'The Lion Of Sion' consists of 7 buildings spread over an area of 2.5 acres, which is currently pegged as one of the largest developments in the micro market. Project is named O2 and has been launched as 'The Lion Of Sion' and is scheduled to be completed by 2019.

Diwakar Shetty,

30th November 2015

Thanks Diwakar,
Where is the project strategically located and how is its connectivity to the other parts of the MMR?

Ravindra Singh,

30th November 2015

Comment

Ur Weclome Ravindra,
The project is strategically located at Sion East, near to both Chunabhatti Railway Station (Harbour) and Sion Railway Station (Central) and is well connected by Eastern Express Highway & also, is in close proximity to a proposed 1.6-km elevated road which connects Bandra-Kurla Complex to the Eastern Express Highway.

Diwakar Shetty,

30th November 2015

Hi Diwakar & Ravindra,
Even i heard a lot of this project and planning to invest. Can you tell me the price quoted for this project?

Ravindra Singh,

30th November 2015

Comment

Hi ravindra,
The price range is going to be very competitive, considering the project offerings & amenities. The location will attract great demand in the current bearish real-estate market.

Diwakar Shetty,

30th November 2015

Well Diwakar,
It means they didn't disclose the price yet. How is the developers track records in Mumbai Metropolitan Region?

Ravindra Singh,

30th November 2015

Yes, they will announce it later once they fill finalize the project launch date.

Ahuja Constructions have been in the business for over 3-decades. Till date, they have successfully developed 44 projects, spanning the belts of Worli to Borivali, Chembur to Mulund and Navi Mumbai. The projects that are in offering in various locations of Mumbai Metropolitan Region like Worli, Bandra, Oshiwara, Sion, Malad and Ambarnath, totalling up to approximately 7 million sq-ft. The portfolio of projects encompasses Greenfield, Society Redevelopment, Joint Venture as well as SRA developments.

Diwakar Shetty,

30th November 2015

Yes, and they are glad to shake hands with one of Mumbai's most renowned and experienced developers Ahuja Constructions. This project is going to be a landmark in Sion (E), attracting a large number of middle class and upper middle class buyers.

Diwakar Shetty,

30th November 2015

Comment

Right Diwakar,
Various amenities in the project include a roof top club house consisting of a swimming pool, gymnasium, children's play area, and other sports facilities other than a jogging track. Open area includes temples, water feature, viewing deck etc. The project is also close to a good number of renowned hospitals, schools and colleges. Overall it's a good project.

Ravindra Singh,

30th November 2015