2 BHK Flats in Piramal Vaikunth Thane Cluster 1

2 BHK Flats in Piramal Vaikunth Thane Cluster 1 new offering in their value home segment, A-Class Homes Series 2, is your opportunity to experience ultimate luxury living at a starting price of just Rs67 Lakhs. Strategically located in Thane, the project is a low-density development, a rarity in MMR.

1 BHK Flats Piramal Vaikunth – 361Carpet

Zero Stamp Duty Offer with No Floor Rise till 31st March 2023

2 BHK Flats in Piramal Vaikunth Thane Cluster 1

The project offers a price range of Rs 67-75 Lakhs
1 and 2BHK units available from 361-455 Sq.Ft. (carpet)
Low-density development with 2 acres per tower in a 32 acres project
High-rise tower with G+41 Habitable Floors
Overlooking the Thane Creek & Yeoor Hill
2.75 acre ISKCON temple complex

Multinational partners, Architect and landscape designer: HOK Chicago, US
Proximity to Eastern Express Highway; 3 entry and exit points.
Common Outdoor Amenities – Cycling track, Jogging route, Mini cricket ground, Yoga, Urban farming zone, Dog park, Amphitheatre seating

Common Indoor Amenities – Cafeteria, Creche, Squash Court, Multipurpose court (basketball and badminton), Convenience hall, ATM

Piramal Vaikunth A Class Homes Dedicated Amenities (Indoor): Gym, Library, Indoor games room, Multi-purpose hall, Pool deck, Swimming pool, Kid’s pool

A-Class Homes Dedicated Amenities (Outdoor): Toddler’s play area, Kid’s play area, Multi-purpose court, Senior Citizen plaza

MARKET ANALYSIS- PIRAMAL VAIKUNTH A CLASS HOMES SERIES 2 VS OTHERS

Piramal Vaikunth A Class Homes is a part of the Piramal Vaikunth luxury project and hence has all amenities and features that are top notch.
As compared to the other projects mentioned below, Piramal offers a more value-for-money budget range. Runwal Eirene, for instance, is priced almost 40% higher than Piramal.
Even though Lodha offers an almost similar starting price, the 2 BHK unit is priced higher at Rs85 Lakhs as compared to Rs78 Lakhs in Piramal. The unit is also larger in Piramal at 501Sq.Ft
Piramal is also a low-density development with only 500+ units spread across an area of 32 acres. The other two projects are denser with 300+ units in 10 acres for Lodha and 150+ units in 5 acres for Runwal.
Piramal Vaikunth A Class Homes also offer natural ventilation in all rooms including the kitchen. This is not very common in other projects in the area that use mechanical ventilation for kitchens.

MICRO-MARKET ANALYSIS: WHY Thane West

Relative affordability, enhanced connectivity to within the city as well as to Mumbai and availability of residential options across budget categories makes Thane West a growing hub for home buyers.
Connectivity

Well connected to all major Highways and roads namely Eastern Express Highway, Western Express Highway and Navi Mumbai.
The city has great rail connectivity via Thane Station. More than a thousand trains pass through the station daily both local and long distance
Well connected by various modes of public transport such as BEST, TMT, KDMT, NMMT, and ST
Close to the IT industry of Airoli, Ghansoli and Vikhroli
Only an hour commute to BKC, Andheri, Lower Parel and Navi Mumbai
Only 1 km from proposed Balkum metro station.
Social Infrastructure

The locality has all social infrastructure in place within a driving distance of 30 minutes. Here is a snapshot of the available social and civic infrastructure:

Education – Holy Cross Public School- 1 Km ,CP Goenka International School- 1.3 Km ,Smt. Sulochanadevi Singhania School-4.3 Km
Offices – TCS recently moved a major portion of its business to Thane
Healthcare – Currae Speciality Hospital- 1.3 Km ,Jupiter Hospital-2.8 Km ,Bethany and Aayush Multi-speciality-3.7 Km .
Entertainment – Viviana Mall-2.8 Km ,Korum Mall-4.5 Km ,Big Bazaar- 1.3 Km ,High Street Mall-1.3 km .
Capital and Rental Trends

Real Estate prices have been relatively more affordable in Thane as compared to rest of Mumbai and Thane West has been one of the most preferred localities in the city. It offers residential options in a wide budget range and hence attracts a huge buyer base. The capital values range anywhere between Rs6000-15,000 per Sq.Ft. approximately. The rental value for a 2 BHK flat varies from Rs20,000-25,000 per month while for a 3 BHK it can go up to Rs28,000-35,000 per month.

Scope of Growth

Even when other micro-markets across the country were struggling with un-sold inventory, Thane West had takers for its projects. This was due to the fact that the inventory caters to all budget categories. Also, continuous upgradation of road and rail network in Thane has meant enhanced connectivity. Two more metro stations connecting Thane to Wadala and Kalyan would be operational in another three years. This would further push up values in the location.

ABOUT DEVELOPER

Piramal Realty is a part of Piramal Group and re-entered the industry in 2010. One of India’s fastest growing property companies, the portfolio of Piramal Realty projects covers more than 12 million Sq.Ft. under development across Thane, Mumbai and Navi Mumbai. It has invested more than $600 million throughout marquee properties in Central Mumbai as well. The Group has diverse business interests including pharmaceuticals, healthcare, life sciences, financial services, information management, glass packaging, etc. Architecturally innovative homes are offered to buyers with a firm focus on greater value for money. It is synonymous with landmark offerings such as India’s first contemporary retail. They also developed mall named Crossroads or the Peninsula Corporate Park in Mumbai.

It also possesses long term equity investments in Shriram Group which are worth approximately $1 billion. It has also been ranked by Forbes. As one of the country’s fastest growing companies in real estate. It works with leading names like KPF, HOK, Make, Fosters, Callison, Burro Happold, Max Security, etc.

Additional Details

• Stamp Duty Offer: 0 (Zero) Stamp Duty Offer
• No Floor Rise: Any Floor Same Price