Where Scenic Lake View Homes Marry a Grand Investment Plan
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Where scenic lake view homes marry a grand investment plan. Introducing Information Memorandum www.Zricks.com Page 1 Powai is a suburban neighbourhood located in the north-east of Mumbai, and EVER-ALLURING is situated on the banks of the beautiful Powai Lake. In the last few years, POWAI: Powai has changed from a scenic lakeside picnic spot; to one of the fastest developing suburbs. It has grown prolifically and exponentially to become one of Mumbai's most sought after commercial and residential hubs. With an integrated residential township and many residential complexes in and around its vicinity, Powai is home to a number of commercial and educational institutions such as ICICI Bank, SBI, HSBC and HDFC Bank, Podar International School, Bombay Scottish School, ICFAI Business School and IIT Bombay. Luxury hotels, such as Renaissance Hotel, Radisson Blu Plaza and Ramada Powai and mega stores like D Mart and Haiko Supermarket are also a part of the vicinity. Corporate offices such as Deloitte, CRISIL and Bayer are in Powai too. All of this makes Powai a great locality to find appreciable value in. www.Zricks.com Page 2 INFRASTRUCTURE The Mumbai Development Plan of 1991 was instrumental in bringing about key infrastructure projects for decongesting the city center. Consequently, the city’s DEVELOPMENT IN POWAI eastern suburbs such as Powai, benefited immensely from these policy measures. HAS GONE FROM Due to the reduced commuting time to South Mumbai, demand for commercial and residential properties along with increase in housing prices in locations such STRENGTH TO STRENGTH: as Powai has increased by approximately 28–30 per cent over the last two years. The SEEPZ SEZ in Andheri is just about 5 km away from Powai while the Bandra Kurla Complex (BKC) is about 16.5 km away. The Eastern Express Highway, a key infrastructural project has also led the Eastern Express Highway Monorail Metro Rail development trail along with Vikhroli–Jogeshwari Link Road, real estate activity (especially in the commercial segment) has accelerated in Powai, Vikhroli and Kanjurmarg. Mass rapid transportation projects such as the Mumbai Monorail and the Mumbai Metro Rail has further enhanced the city’s east–west connectivity, and improved the real estate profile of locations like Powai. www.Zricks.com Page 3 PROPERTY RATES IN POWAI: 25,000 20,000 20,000 15,000 15,000 14,000 10,000 9500 5,000 2000 2004 2009 2013 2014 2016 Source: www.commonfloor.com www.Zricks.com Page 4 LAKE HOMES www.Zricks.com Page 5 Lake Homes, Powai, a prestigious real estate project is jointly developed by Ekta LAKE HOMES: Supreme housing. This large township has 5 phases and is occupied by around 2000 families. Spread over 2.2 million sq ft, Lake Homes is surrounded by scenic views of nearby hills and the splendid Powai Lake. Lake Homes is well connected with excellent educational, entertainment, business and medical facilities that are in close proximity of the township. Gymnasium Swimming Pool Restaurant www.Zricks.com Page 6 The township is fully furnished and equipped with modern amenities and high tech features such as a clubhouse with a fitness center, a gymnasium, a wellness center and much more. Facilities like a swimming pool, a mini theatre, a multi-cuisine restaurant, and a banquet hall are also a part of this grand project. The key highlight of this township is its surroundings that make one feel close to nature. Lake Homes is a great destination to lead a life filled with comfort and luxury. Banquet Hall Mini Theatre Club House Project details: 3 BHK, 4 BHK & 5 BHK Sky Villas Floors: 22 Storeys Commencement Year: 2004 Possession: Phase wise between 2007 - 2010 www.Zricks.com Page 7 LAKE HOMES TREND OF SUCCESS. 20,000 19500 18500 17500 16000 15000 15,000 14000 13100 12500 12200 11700 11500 10500 10,000 10000 9000 8000 7800 7500 7200 6000 5600 5,000 4500 3900 3500 2800 2100 1,000 Jun-04 Dec-04 Jun-05 Dec-05 Jun-06 Dec-06 Jun-07 Dec-07 Jun-08 Dec-08 Jun-09 Dec-09 Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Graph Not To Scale www.Zricks.com Page 8 SKY VILLAS, LAKE SUPERIOR: Equipped with a lifestyle for the elite, Lake Superior, the fifth phase of Lake Homes, delivers the utmost in luxury. Spread over 22 storeys with palatial 4 & 5 bedroom FINE LIVING THAT’S apartments on each floor, Lake Superior has been extravagantly done up to suit your lifestyle whether it is reaching your floor while sitting in your car, or sitting in your EXCEPTIONAL IN personal terrace garden with the water front view. After a busy day at work, you can EVERY WAY. relax at the exclusive swimming pool with sit-outs, or work out at the state-of-the-art health club that offers world class gym equipment. Actual Picture Actual Picture www.Zricks.com Page 9 LIFESTYLE CONVENIENCES AT LAKE HOMES Actual Picture Actual Picture Actual Picture Actual Picture www.Zricks.com Page 10 Introducing Information Memorandum www.Zricks.com Page 17 www.Zricks.com Page 18 LAKE RIVIERA, SPA RESIDENCES: Lake Riviera Residences is the new lavish real estate project brought to you jointly by Ekta World and Pashmina Developers. The township will consist of 3 towers, spread THE ULTIMATE DESTINATION over a large area and surrounded by scenic views of the serene Powai Lake and mountains nearby. TO LIVE A GRAND LIFE. The project will be well connected with excellent educational, entertainment, business and medical facilities. The hallmark of Lake Riviera Residences will be its Spa Living experience that consists of a fully functional International Spa within the project complex that will rejuvenate senses and leave one feeling refreshed after a tiring day. Fully furnished and equipped with the latest modern amenities and high tech features such as a clubhouse with a fitness center Lake Riviera Residences will also have a gymnasium, a wellness center and much more. Privileges include a swimming pool, a mini theatre, a multi-cuisine restaurant, and a banquet hall. The surroundings environs of this township bring one close to nature. Lake Riviera Residences will be the ultimate destination to lead a life of unbridled luxury. Configuration: 2 BHK & 3BHK homes having serene lake view. Limited Edition Sky Villas. www.Zricks.com Page 19 Lake Riviera Residences offer comfort and luxury that will make living here an THE SPA LIFE AT unforgettable experience. Feel refreshed in these Spa Residences as they rejuvenate LAKE RIVIERA, your body and mind. SPA RESIDENCES: From the moment you enter your residence your senses will be transported to far-off exotic destinations. The ease of modernity blends with the wonder of nature and relaxation is the norm here. These sanctuaries of tranquility will leave you feeling peaceful. Lake Riviera Residences are authentic but elegant, classic yet modern, where moments of serenity combine with unexpected adventure. www.Zricks.com Page 20 The residences at Lake Riviera Residences come with home automation. With it you CONTROL EVERYTHING can control lighting, fans, music, ACs, curtains, as well as other gadgets and appliances AUTOMATICALLY: in the entire home using an integrated digital panel. The panel consist of switches and sensors connected to a central hub and is controlled with a user interface that is interacted either with a wall-mounted terminal, mobile phone software, tablet computer or a web interface. Conditions Apply www.Zricks.com Page 21 Lake Riviera Residences will be designed and executed as a green building. CLEAN AND GREEN: Also known as green construction or sustainable building, green building refers to both a structure and the use of processes that are environmentally responsible and resource efficient throughout a building's life-cycle from siting to design, construction, operation, maintenance, renovation, and demolition. www.Zricks.com Page 22 COMFORTS INSIDE: AUTOMATED HOMES* WASHROOM - Control lighting, fans, music, ACs in the - Combination of designer tiles and imported entire home using an integrated digital panel marble flooring ELECTRICAL - Premium sanitary ware - Elegant fittings & diverter for hot and cold - Concealed conduit with PVC insulated copper wiring - Sufficient power outlets / light points water mixing unit provided - Separate shower section with toughened glass partition TV, TELEPHONE & INTERNET BROADBAND POINT - Large capacity boiler - Provision of cable TV & telephone points in - Exhaust fan living room and bedrooms - Electric light points along with premium - Provision for internet connection light fixtures * Conditions apply LIVING & BEDROOM AIR CONDITIONING - Imported marble flooring in all rooms - Split A/C in living room & each bedroom - Electric light points along with premium KITCHEN light fixtures - Imported modular kitchen with accessories - POP on all walls and false ceiling in all rooms - Electric light points along with premium light - Emulsion painting in the entire apartment fixtures and fans DOORS - Imported marble flooring - Imported wooden flush doors - Ceramic tiles on the wall - Premium hardware fittings - Water purifier - Stainless steel sink WINDOWS - Heavy section aluminium windows *Conditions Apply www.Zricks.com Page 23 COMFORTS OUTSIDE: ENTERTAINMENT SPORTS HEALTH NATURE & LANDSCAPE - Clubhouse - Basketball - Meditation & yoga area - Landscaped gardens - Swimming pool & kids pool - Squash court - Walking & jogging track - Interactive fountains - Mini amphitheatre - Badminton - Reflexology zone - Large water bodies - Games room - Cycling track - Gymnasium - Sculptures & statues - Children’s