With new projects constantly changing the real estate landscape in Mumbai, we feature 3 recently launched hot projects of the city by Godrej Group, Lodha Group and TATA Housing.
Mumbai has been long favoured as a real estate investment destination and still continues to be. Known as the ‘financial capital’ of India, Mumbai continues to draw a steady influx of people into the city for employment. With a growing population, Mumbai has been forced to expand from all sides to make room for its increasing numbers and provide housing. Mumbai has also traditionally had the best land laws, tenancy laws and continues to be on the forefront with the implementation of RERA and the setting up of its regulatory authority, MahaRERA. Mumbai continues to lead by example in the real estate sector. In this article, we are comparing some newly launched hot projects in Mumbai by Godrej Group, Lodha Group and TATA Housing.
1. Godrej Prime
Source: godrejproperties.com
Location: Mumbai Harbour, Chembur
Rate: Rs 17,000/sqft
Configuration: 2, 2.5, 3 BHK Apartments
Super Built-Up Area: 2 BHK: 526 – 877 sqft, 2.5 BHK: 1105 – 1303 sqft, 3 BHK: 1432 – 1778 sqft
Price Range: Rs 1.65 Cr – 2.65 Cr
No. of dwelling units: 1032 units, 17 towers
Source: godrejproperties.com
Total Construction Area: 3.93 acres
RERA Status: Registered
Developer: Godrej Properties
2. Lodha Codename Big Win
Location: Jogeshwari (West)
Rate: Rs 27,175/sqft
Configuration: 2, 3 BHK Apartments
Super Built-Up Area: 2 BHK: 655 – 804 sqft, 3 BHK: 1016 – 1285 sqft
Price Range: Rs 1.88 Cr – 3.87 Cr
No. of dwelling units: 600 units, 6 towers
Source: lodhagroup.com
Total Construction Area: 5 acres
RERA Status: Registered
Developer: Lodha Group
Also Read: The Complete Guide To Mumbai Development Plan(DP) 2034
3. Tata Eleve
Location: Bhandup (West)
Rate: Rs 12,375/sqft
Configuration: 2, 3 BHK Apartments
Super Built-Up Area: 2 BHK:1125 – 1390 sqft, 3 BHK: 1535 sqft
Price Range: Rs 1.72 Cr – 1.90 Cr
No. of dwelling units: 800 units, 4 towers
Source: tataeleve.com
Total Construction Area: 7 acres
RERA Status: Registered
Developer: TATA Housing Development Co. Ltd
Tabular Comparison
| Specifications | Godrej Prime | Lodha Codename Big Win | TATA Eleve |
| Total Area | 3.93 acres | 5 acres | 7 acres |
| Number of Units | 1032 units | 600 units | 800 units |
| Floors/Towers | 15 floors/17 towers | 23 floors/6 towers | 36 floors/4 towers |
| Unit Type | 2, 2.5, 3 BHK | 2, 3 BHK | 2, 3 BHK |
| Location | Chembur | Jogeshwari West | Bhandup West |
| Amenities |
Banquet Hall
Billiards Card Room Carrom Jacuzzi Multipurpose Hall Sauna Senior Citizen Sitout Theatre Aerobics Centre Basketball Court Chess Indoor Games Jogging Track Steam Room Table Tennis Creche
|
Indoor Games Multipurpose Court Swimming Pool Landscape Garden Rain Water Harvesting Sewage Treatment CCTV Camera Security Entrance Lobby Internal Street Lights
|
Acupressure Park
Aerobics Centre Badminton Court Basketball Court Chess Cricket Pitch Indoor Games Jogging Track Lawn Tennis Court Multipurpose Court Skating Rink Squash Court Swimming Pool Table Tennis
|
| Possession | 2022 | 2022 | 2020 |
| Price | Between 1.65 Cr and 2.65 Cr |
Between 1.88Cr and 3.87Cr
|
Between 1.72 Cr and 1.90Cr
|
Also Read: List of Affordable Housing Projects in Mumbai Under 50 Lakhs
Get Me Roof’s View
- All the above detailed projects are an example of class and luxury in their own right. These projects have been developed by one of the finest builders of Mumbai keeping in mind the demand, price and investment prospects. Considering infrastructure and connectivity are major real estate boosters, these projects take into account different investors and their needs.
- Godrej Prime is very strategically located in Chembur, which is at the heart of city. As they say in real estate , location is everything, thus in short Godrej Prime is all about location. It has a good connectivity by road and rail and has good accessibility to commercial establishments, schools, colleges, hospitals etc.
A very unique feature of Godrej Prime apart from its location is that it has a sprawling rooftop of 32,991 sqft and has all the project amenities on it. So a potential homebuyer can make use of amenities like a jogging track, kids play area, outdoor gym, golf putting area, senior citizen’s alcove etc. and at the same time get an excellent rooftop view.
This property is very good for investors who are looking to reap maximum benefits from their investment due to its already established social infrastructure, connectivity which makes Chembur an ideal investment location. High rental yields can also be expected due the nature of the location of the project and also due its proximity to commercial hubs.
- Lodha Codename Big Win located in Jogeshwari which is a quiet Mumbai suburb. The project has been developed by a foremost developer of Mumbai and all the projects developed by them cater to a certain taste of style and substance. The highlights of this project include a 15,000 sqft grand clubhouse a world-class gym, heated indoor pools, cinema and auditorium, café and party lounge.
The USP of Lodha Codename Big Win project would be its low density i.e. 6 independent mid-rise towers with just 600 homes in a 5 acre development. With 100,000 sqft of landscape it makes it one of the most pristine environments in the Mumbai Metropolitan Region(MMR) with great air quality and a tree top walk, homebuyers looking for stretches of green spaces can surely look to invest in this project.
- TATA Eleve, a flagship high end project by TATA Housing is located in Bhandup surrounded by Powai lake and Vihar lake. Connectivity is directly routed with area because of the accessibility to scores of renowned corporate development in Powai, Santacruz Electronics Export Processing Zone(SEEPZ) and Vikhroli. The project includes one covered Car Parking with every flat and also floor plans are designed in such a way that it will have 1, 2 and 3 Bathrooms.
TATA Eleve is a perfect combination of urban facilities and lush green ambiance that transforms Bhandup into one of the most sought after destinations. If you are looking for a dream destination among the lush greens suburbs of the city and at the same time looking for a good connectivity to important destinations like Powai etc, then TATA Eleve is the project for you.
