Residential building project available near Panvel, Bombay in India.

Ideally situated just 1/2 km from Kalamboli Railway Station and around 4 km's from Khandeshwar and Panvel stations. A large 100 ft highway is under construction around 200 meters from the property. The proposed Technology Park- industrial area for Hi-Tech industries is being developed in 1,000 acres and International Electronics Corporation are expected to move here. Hundreds of ancillary units are also expected to follow the lead creating around 50,000 direct and ancillary jobs in the area. A 1,000 bed cancer hospital is also planned nearby.

Land area is around 138,000 sq. ft .and a plan for 19 residential buildings has been passed. Construction has begun on 10 buildings of which 3 have been completed and the plinths of 7 are also ready.

Details for each building are as follows:
Ground plus 2 floors
12 Flats in each building 
Built up area of 5,700 sq. ft. 
Every flat with 1 bedroom, hall, kitchen, WC and bath
Average flat size - 678 sq. ft.
Saleable-super built up area 8,136 sq. ft. 
Saleable to built up ratio: 100: 70

Proposal offered includes the FSI along with the plan passed for the remaining 16 buildings in this project and 7 plinths ready. Summary of project costs and 2001 appraisal are available.

Asking Price: $195,000.00 US

REFERENCE #2039

DALLI (O/B)