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Rustomjee Global City Virar West Mumbai | Price | Location

Book Your Home at Global City by Rustomjee in Virar West Mumbai - Checkout Price, Location, Gallery, 1BHK, 2BHK & 3BHK Floor Plans, Amenities and more.<br><br>For More info visit @ https://www.squareyards.com/realty/rustomjee-global-city-virar-west-mumbai/<br> https://book.squareyards.com/

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Rustomjee Global City Virar West Mumbai | Price | Location

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  1. RUSTOMJEE GLOBAL CITY Virar West, Mumbai WHY SHOULD YOU INVEST IN RUSTOMJEE GLOBAL CITY? PROJECT OVERVIEW Spread across an area of 200 acres, Rustomjee Global City is one of the biggest township development in Mumbai. The new project in the township-Rustomjee Avenue L1- gives you an opportunity to invest in a luxurious lifestyle starting just at Rs 35.5 Lakhs. The project offers a price range of ₹35.5 Lakhs- ₹44.9 Lakhs 1 & 2 BHK available from 389 to 512 Sq. Ft. Exclusive 10:90 Payment Plan Book now at ₹1.5 Lakhs. Fully Operational 12 Acre Amusement Park- Yazoo Park 20 minutes from National Highway-8 Sports & Outdoor Green Area Club House Fitting & Furnishings Specifications PROJECT HIGHLIGHTS Gymnasium, Yoga & Meditation Zone BIGGEST CLUBHOUSE OF 2.35 LAKH Sq. Ft. Banquet Hall Double Height Bar Swimming Pool, Kid’s Pool Chess & Carrom Room 3 SEWAGE TREATMENT PLANTS Tennis Court, Basketball Court, Football Court, Squash Court, Billiards Room Kid’s Play zone 37,000 Sq. Ft. BASEMENT PARKING Food Court Guest Suites PROPERTY DETAILS AVENUE L1 HAS A & B WING CONFIGURATION TOTAL CARPET AREA (Sq. Ft.) PRICING ₹35.5 Lakhs 389 1 BHK ₹44.9 Lakhs 2 BHK 512 * Prices Inclusive of GST, stamp duty and registration This is a project pricing as on 1 April, 2020

  2. RUSTOMJEE GLOBAL CITY Virar West, Mumbai MARKET ANALYSIS- RUSTOMJEE GLOBAL CITY VS OTHERS • A look at the available projects in Virar reveals that most of the new projects in the locality are being developed by small city-based developers. Rustomjee is the only well known brand offering a project at a starting price of Rs 35 Lakhs. • Further, As Rustomjee is also known for delivering luxury projects, quality of construction is top notch and the same is visible in Garden City as well. • The only comparable brand offering projects in the same vicinity is Shapoorji Pallonji. However, the project offers same sized units at a 10-20% higher price bracket. DEVELOPER NAME PROJECT NAME BHK TICKET SIZE (Sq. Ft.) PRICING (IN LAKHS) ₹ 39 | 55 1 BHK | 2 BHK Shapoorji Pallonji Joyville Virar 430 | 595 430 | 552 ₹ 35.5 | 44.9 Rustomjee Global City 1 BHK | 2 BHK MICRO-MARKET ANALYSIS: WHY VIRAR Multiple upcoming infra-projects, rail connectivity and relatively affordable projects as compared to other parts of Mumbai makes Virar an ideal destination for investment. Studio 1% Connectivity Virar is the starting point of the western line of the suburban railways providing easy access to Mumbai It is also one of the 12 stations on the proposed bullet train from Mumbai to Ahmedabad Mumbai Metro Line-9 from Dahisar to Mir Road to be extended till Virar Apartments 99% Social and civic infrastructure The social infrastructure around the location is also well established with various educational institutions, hospitals, retail brands and financial institutes. There are more than 1000 retail brands present in the location, around 15 hospitals and around 20 banks. Property Type Split 4 BHK 1% Capital and Rental Trends 3 BHK 6% At present, the capital values in the locality vary between ₹6,000-7,000/Sq.Ft. The average rental value for a 1 BHK varies from ₹7,000 - 8,000 per month approximately while one can rent out a 2BHK for about ₹14,000-15,000 per month. 2 BHK 47% 1 BHK 46% Scope of Growth Virar is a part of the MMRDA make over plan. A plethora of road and infrastructure is proposed in the future. Apart from the proposed metro line, a 12Km corridor between Virar and Alibaug is planned. This will enhance connectivity in the location. BHK Wise Split Above ₹1Cre 9% Also, the location has multiple under-construction projects. Once these near possession, the capital values in the locality would witness an upward trend. As per market sources, values are expected to appreciate by 20-30% in the next three years. ₹60-100 Lakh 13% ₹30-60 Lakh 57% ₹0-30 Lakh 22% Further, the locality has almost the same the supply of 1 and 2 BHK units. There is always more demand for smaller units on rent. Hence projects in the location will always witness steady demand for rent. Budget Wise Split AVERAGE COST/SQ.FT: ₹5,870

  3. RUSTOMJEE GLOBAL CITY Virar West, Mumbai 75 minutes away from the international airport 10 minutes away from the Virar station 15 minutes away from NH8 80 minutes away from BKC 55 minutes away from Borivali SIDDHI VINAYAK MANDIR RUSTOMJEE CAMBRIDGE INTERNATIONAL SCHOOL GLOBAL CITY SHIRGOAN TAKE A BITE AVENUE L1 NARINGI RD JAMA MASJID ICICI ATM WESTERN EXPRESS HIGHWAY VIR SAVARKAR MARG VIRAR PHATA BUS STOP NARANGI BYPASS RD. VIR SAVARKAR MARG HANUMAN MANDIR KHAIRPADA CLUB ONE SHIV MANDIR GOVARI NAGAR YAZOO PARK JIVDANI RD PARAS HOSPITAL BIG BAZAAR PODAR KIDS SCHOOL 1.4 KM McDONALD's NARANGI BYPASS RD. JIVDANI MANDIR GAUSIYA MASJID SRI GANESH MANDIR PELHAR WESTERN EXPRESS HIGHWAY RAMCHANDRA NAGAR 20 METER DP ROAD VIR SAVARKAR MARG PHOOLPADA RD. ICICI BANK VARTAK RD. STATE BANK OF INDIA BARONDA DEVI MANDIR JUMBO KING D-MART VIRAR FLYOVER VIVA COLLEGE VIVA ENGINEERING COLLEGE KIDZEE SHREE MANGAL MURTI MANDIR GREENHILL RESORT BELGIUM WAFFLES SWAMI SAMARTHA NAGAR MERWANS CAKE SHOP SANJEEVANI HOSPITAL RELIANCE TRENDS, FRESH & DIGITAL TIRUPATI NAGAR ST. XAVIER’S HIGH SCHOOL VIRAR RAILWAY STN. WAKAN PADA WOODLAND THEATRE DHANIV BAUG AGASHI RD. ABOUT DEVELOPER Rustomjee is one of the Mumbai’s well-known developer and one of the most rewarded developer too. They have been rewarded with “Best Urban Development Project” at the 4th GIREM Leadership Awards in 2011, “Integrated Township of the year” at the Realty plus Excellence Award in 2012 and CNBC Awaaz Real Estate Awards, Affordable Segment in 2013. Having developed 10 million sq.ft. of premium townships, corporate parks, retails spaces including over 8500 homes with a special focus on Mumbai Metropolitan region, their aim is to add another 13 million sq. ft. to the portfolio in the next five years. They have already delivered multiple projects in Borivali, Kandivali, Matunga, Bandra, Andheri, Santa Cruz, Malad and many more locations in Mumbai. Rustomjee lays emphasis on adding values to the lives of their homeowners through thoughtfulness- whether in their core business, their CSR initiatives and philanthropy. They have strived to ensure every blueprint includes child friendly spaces for parks, playgrounds, and learning rooms and done so with the help of child psychologists and trained specialists. WEBSITE : https://www.squareyards.com/mumbai-residential-property/rustomjee-global-city/3114/project PROJECT RERA NO : MahaRERA P99000018622 SQUARE YARDS RERA NO : REA REG No #A51800000454

  4. RUSTOMJEE GLOBAL CITY Virar West, Mumbai PAYMENT PLAN 10:90 Payment Plan It is a plan where you can book the property by paying 10% and remaining 90% to be paid on possession. This is explained in the below table w.r.t to Rustomjee Global City where we have taken the price of project as ₹35.5 Lakhs Product price: ₹35,50,000 Stages of Construction Amount to be paid % Due as per CLP On Booking ₹3,55,000 10% On Possession ₹31,95,000 90% 100% Total ₹35,50,000 ROI calculation on this asset is explained in details below: ROI in 10:90 Plan (only 10% + SDR) Property Details Initial Investment Net Profit & ROI on Selling at Possession Remaining Net Profit on Price of Property after 1.5 90% Payment Sale of the Years (at possession) at the time of Property at SDR+ AV- Total Initial Investment Carpet @10% Appreciation Per possession (G) Possession ROI after 1.5 Years Price Point GST Amt Aggrement 10% of (A) (B) Value (C) AV (D) (E)=(B+D) Year (F) (Sq Ft) Typology =(C-D) (H)=(F-E-G) (H/E%) 7,49,250 35,50,000 2,51,000 31,00,000 3,10,000 5,61,000 41,00,250 134% 1 BHK 389 27,90,000 9,22,313 35,55,000 3,95,000 44,87,284 131% 39,50,000 51,82,813 512 7,05,500 2 BHK 3,10,500 Thus, within 1.5 years of investment the property yields a ROI of more then 130%. In addition, the asset will continue to witness capital appreciation in the coming years.

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