At Lokhandwala Complex, Andheri West, Mumbai
Residential Apartment
Invest in Pre Redevelopment Sale, 1+1 Bhk Jodi, Andheri W Lokhandwala.
2 bhk, 1100 Sq-ft
Andheri West, Lokhandwala Complex
Pre Redevelopment Sale, Will go for Redevlopment, Redevelopment
Ideal for Investment 1 + 1 Jodi, 2 BHK Flat of 900 sq.ft. Area on paper and around 1100 sq.ft. Useable Area, that is, with including Balcony, Duct, etc, available for Pre Redevelopment Sale.
Rustomjee Builders is in discussions with a cluster of buildings in the neighborhood, offering a Redevelopment proposal that includes:
An additional 45% carpet area.
A corpus fund of approximately ₹20 lakh or more.
Rent compensation of ₹115 per sq.ft., potentially higher.
One stilt parking space (currently valued at ₹15 lakh).
On completion, Owner will get a 4 BHK apartment of 1,280 sq. ft. Carpet Area.
Until the builder requests the owner to vacate, they can continue renting out the same flat, ensuring the investor doesn't miss out on Rental Income for approximately 16 to 17 months.
Located at Mota Mansion, 4th Cross Road, Lokhandwala Complex, Andheri West.
Negotiable Sale Price.
