Sales of luxury homes like bungalows and villas had almost dried up in the past few years in major India cities. However, this did not discourage a handful of Mumbai-based
real estate developers from development luxury apartments that did not cost less than Rs. 100 crore each, or a few even were priced at over 16 million dollars. Tata Centrus
will give the specific and better residential facilities along with various transport facilities. That means it comes to nearly 300 dollars per square foot for a single luxury
apartment. In July, Bloomberg had reported that the average price for a typical luxury apartment in New York's Manhattan was about 4.2 million dollars. Thus, one can easily
gauge the sharp rise in Mumbai real estate prices in the recent few years. Some south Mumbai localities like Altamount Road and Malabar Hill are prohibitively expensive but
remain one of the most sought after residential locations in Mumbai. However, these areas have become almost saturated in the recent times. Tata Centrus will provide modern
amenities like modern golf course, swimming pool, gaming region, library. Thus, nearby areas like Lower Parel and Worli have emerged as the new up-market neighborhoods in
the financial capital of India. Not just Mumbai, other metro cities in Mumbai like Bangaluru, New Delhi have several real estate projects of luxury projects lined up in the near
future. Many of these luxury apartment projects are slowly replacing the old, dilapidated slums and housing societies. Though luxury residential apartments in such areas may not boast of the privacy and quiet one can experience in an Altamount Road
address, but they compensate for this in terms of their sheer size, the pristine sea view and promising exclusivity. Tata Centrus Rajarhat the supreme and decorative
establishing rooms that will give the better opportunities to the people.
Indeed, the demand for villas and bungalows in metro cities is swelling day by day. It is wrong to think that demand for such luxury apartments and residences has revived
suddenly. Many of such projects are being developed in prime, upscale localities where any real estate company cannot price its offering anything less than a few crore Indian
rupees. For maximizing profits, these builders are developing large residences at exorbitant prices which can be afforded only by the supremely rich of the city.
Tata Centrus Rajarhat New
Town will almost as the same as comparable to the top properties of Kolkata. Omkar Realtors and Developers Pvt Ltd is a mid-sized real estate
developer focusing on several slum redevelopment projects happening in Mumbai area. In 2013, it launched a new project, Omkar 1973 Worli which consists of 400
apartments. These are promoted as customized sky bungalows of 2500- 18,200 square feet and are priced between Rs. 15- 100 crore. In the 100 crore category, there are 25
luxurious apartments, one each on a single floor. These apartments are designed in a way that they offer a 360-degree view of the maximum city. Tata Centrus Rajarhat will tends
to give the most beneficial facilities to the people and will give the beautiful living to people. Indeed, such niche real estate projects in Mumbai and other metro cities are
already garnering much attention. The builders claim that such niche projects do not even necessitate a proper launch since they can sell themselves without publicity or
marketing. The builders are of the opinion that they prefer ringing in the sales by pure word of mouth, or sometimes by invitation. Indeed, villas and bungalows are the new
most-sought after residential places to live in Mumbai. I am working in leading real estate firm in Ahmedabad and sure about real estate booming industry. In surrounding areas
of Ahmedabad, there are land and plot schemes near bavla and bagodara for residence purpose. It will be a bright future in the industry and facilitate thousands of individuals
in near future.