Lodha Taloja is another effort taken up by the Lodha group to make affordable housing accessible. No one in and around the economic triangle of Navi Mumbai, Mumbai, and Thane-Kalyan is unfamiliar with the ongoing success of Lodha Palava City. Yes, I used the word ongoing. The smart city is already ready with 3 world-class ICSE & 1 CBSE school; a walk to work culture, and Olympic size sports facilities. That’s not all, the upcoming is India’s largest mall and many more amusement facilities in Palava city phase 2 & 3. The success of Lodha Palava City is not measured by how many infrastructure developments it has but is based on the 30,000+ families living there. Now imagine in a well-developed location with excellent connectivity and required population, comes a launch of homes at more affordable pricing by A-grade developer with all world-class amenities. Well, that’s the real formula for making a hot-spot location. Let me explain to you more in detail:
If we look at the current scenario in the real estate market, there is a huge hunt for Affordable Housing Projects. Lodha Taloja is nothing more than grade-a quality in the affordable range. These budget homes are expected to offer a range of sizes starting from 288 Sq.Ft to 367 Sq.Ft. Where every grade a developer is biding more than 45 lacs for a configuration of 1BHK here at Lodha Taloja project is expected to have a lower rate. The expected starting price for the range is from 30Lacs onwards. Also, expected are clubhouse and mall world-class amenities. A dedicated area for 2 wheeler and 4 wheeler parking. 10 floors and above tall buildings. What more can you ask?
Number 1 Developer
Lodha Taloja is developed by one of the number one developers of India. Lodha group established in 1980, is redefining real estate in India and is now emerging as a world leader developing an excess of 35 Million sq.ft of real estate. They have launched a total of 71 successful projects and 40+ are always undergoing. For the past few years, they are not just delivering projects on time but before committed time.
Benefits of Palava City neighborhood
There are endless benefits to the Palava City neighborhood. You can read at least a hundred in my other article called Palava: 100 Reasons to live in Palava City. Well, any resident of the Lodha Taloja project can enjoy few benefits from Palava City. One of the topmost priorities of home buyers is the admission of their in the top schools like Shri Ram Universal School and Lodha World School. Even homebuyers without kids are more interested in buying a home in a top-notch school district. This will bode well, in the long run, come resell time. Chances are your first house will have gone up in property value and will go off the market faster, when you’re ready to move on to your next home. Not just that but you can easily access Palava City transport. The Palava shuttle service offers its citizens bus services to major zones including Thane, Vashi, Powai, BKC, Lower Parel and more.
That’s where the game changes. Almost everyone in Mumbai is looking for an affordable home. According to the Dec2017 report by Bloomberg | Quint reports the average per square foot rate in Mumbai is 20544 rupees. And the average salary rate in Mumbai according to payscale.com is 7.5Lakhs. Hence it explains why there is a huge demand for affordable housing. People are not afraid to live in compact homes and even developers are utilizing maximum space to give an affordable package. Now Lodha Taloja plans to open only 2200 apartments. As per the past history of Lodha Palava its just a month’s time when everything would be Sold-Out. Hence the units are limited and as per launches by Lodha, the time is certainly limited.
Limited Time & Limited Units
As they say, time and tide wait for no one, I would say time and Lodha Launch waits for no one. So grab the opportunity well in advance and get an upper hand over every other home buyer in terms of attractive pricing, payment schemes and choice of inventory.