Monday 13 April 2015

Mumbai gets new residential hotspot

BKC is among the priciest business districts in India, with rentals ranging between Rs300 and Rs350 a square foot a month. 

Mumbai — Bandra Kurla Complex (BKC), which has emerged as the financial and business hub of Mumbai, is rapidly emerging as a luxury residential hotspot as well, with select projects coming up in the nearly 1,000 acre district.

While the Maharashtra government planned BKC as a finance hub and as an alternative to Nariman Point, it had also reserved plots of land for a few residential projects, besides a diplomatic enclave, hospitals and luxury hotels. With many leading international and Indian financial institutions and banks having their operations in BKC, and the Bharat Diamond Bourse, one of the world’s largest diamond centres, becoming operational, demand for luxury apartments has soared.

BKC is among the priciest business districts in India, with rentals ranging between Rs300 and Rs350 a square foot a month. Last month, a leading Gulf bank signed a deal for taking on rent about 20,000sqf of office space at around Rs320 a square foot.

Read entire Article on  http://goo.gl/mCV2Fl

About us

MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.


Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.


Contact

501, 5th Floor, Plot No - A-123/4,
Odyssey IT Park, Road No. 9,Wagle Estate
Thane (W) - 400 604, Maharashtra, India

Mobile : (+91) 9833 4583 23 
E-mail: mchithane@gmail.com
 

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