Dombivli, Mumbai
WHY SHOULD YOU INVEST IN LODHA PALAVA CITY?
PROJECT OVERVIEW
Lodha Group brings to you India’s number one smart city project – Lodha Palava City- an integrated township spread across an area of 4500 acres. With a starting price of just over ₹43 Lakhs, this is your best bet at luxurious smart living.
The township has two major residential clusters-Aquaville and Prime Square
The project o ers a price range of ₹43.15-81.79 Lakhs
1, 2, 3BHK units available from 443-873 Sq.Ft. (carpet)
Palava City is spread over 4500 acres in 3 phases
Ranked India's No.1 city for liveability by world renowned property consultants JLL Situated in the economic triangle of Navi Mumbai, Thane and Kalyan, Palava is set to become India’s next metropolis. 30 minutes from the proposed Navi Mumbai International Airport.
Walking distance from metro station on the upcoming Kalyan-Taloja metro line
Homes at 5 minutes drive from Kalyan-Shil Road
Stamp duty free
Exclusive 15:85 payment plan
PROJECT HIGHLIGHTS
Olympic Sports Complex: 50m Olympic sized swimming pool, 5 tennis courts, 3 badminton courts, 6 squash 21,000+ trees courts, basketball courts with 60% open space Other Sports facilities: 9-acre golf course, FIFA standard football eld, cricket stadium Optimally planned air-conditioned homes with high-end nishes Wide pathway for cycling and jogging Central Avenues & Lakeside Park Global standard children’s play area New age outdoor exercise area Food truck plaza Retail Plaza Large greens for relaxation and sports 4 world class schools in the premise
PROPERTY DETAILS
Carpet Area (Sq. Ft.) Configuration Pricing Aquaville Prime Square
1 BHK without parking 443 467 ₹43.15 Lakhs
2BHK with parking 585 607 ₹57.96 Lakhs
3BHK (O) with parking 675 752 ₹69.08 Lakhs
3BHK with parking 873 ₹81.79 Lakhs
PALAVA CITY: ENVISIONED TO BE AMONG THE TOP 50 MOST LIVEABLE CITIES IN THE WORLD
33,000 homes sold and around 1 Lakh residents already staying in Phase 1
Majority of the MMR population can access Palava in less than 1 hour
No other township o ers luxury living with a starting price of ₹43.15 Lakhs only
The two main clusters of Phase-2 are Prime Square and Aquaville
Prime Square: Aquaville:
Premium 1,2 and 3 bed residences Premium 1,2 and 3 bed residences. with panorama sundecks. Surrounded by the central Designed along the theme of greens on one side and lake side international cities such as Paris, park on the other, all units o er Singapore, Adelaide etc which amazing views. are all developed along a Only 4 units on each oor. waterfront.
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MICRO-MARKET ANALYSIS: WHY PALAVA CITY
Connectivity
Road Just an hour’s drive from South Mumbai via the Eastern Freeway
Over 30 dedicated buses for connectivity within and outside Palava (Andheri, Lower Parel, BKC, Dombivli, Vashi, CST, Colaba Ghansoli)
Road widening and yover along Mumbai-Shilphata to reduce travel time to Thane
Easy access to 4-lane MIDC road to Taloja and Navi Mumbai Airport
Airoli-Palava commute to reduce to 10 minutes via the proposed new tunnel
Just 20 minutes away from commercial hub of Thane-Belapur
Upcoming 7.5 km bridge from Vikhroli to Koparkhairane to reduce travel time between Palava and Mumbai
Rail and Metro Just 15 minutes to Nilje station that connects to Dombivli (Central Line), Panvel (Harbour Line), and Vasai (Western Line)
10 minutes to Dombivli station from the Kalyan-Shil road entry
Upgradation of Diva station to prime junction in Central Line and approved new line to Navi Mumbai (Kalwa-Airoli)
Planned metro from Taloja-Diva-Dombivli-Kalyan to boost connectivity in the future
Metro junction 8 km south of the city for connectivity to Panvel Air 30 minutes from the proposed Navi Mumbai International Airport.
Social and Civic Infrastructure The smart city is well equipped with all social and civic infrastructure within its premises. Here is a snapshot of the same:
Education 4 world class schools within the premises Commercial Hubs Shri Ram Universal School would be functional in Phase-2 DAKC: 25 Minutes MIDC Dombivli: 16 Minutes
MIDC Taloja: 45 Minutes Millennium Business Park: 30 Minutes Retail and Shopping Reliance Life Sciences Pvt Ltd: 35 Minutes Xperia Mall spread across an area of 5 Lakhs Sq.Ft. with PVR multiplex Nelco: 29 Minutes Brands such as Big Bazaar, Central, H&M already operational Mindspace Business and Tech Park, Airoli: 30 Minutes Reliance Corporate Park: 32 Minutes Rabale Industrial Zone: 30 Minutes
Healthcare TTC Industrial Area: 30 Minutes AIMS Hospital Vashi Infotech Park: 40 Minutes Upcoming multi-disciplinary hospital
Capital and Rental Trends
The location has witnessed exponential growth in terms of capital appreciation. Over the last 7 years, there has been an increase of nearly 300% in the capital values.
Scope of Growth
Palava Smart City is set to become one of the top 50 most liveable cities in the world as per international property consultants JLL.
The rst oce tower is set to open with multiple corporates taking up space. The commercial development in the city is expected to create close to 5 lakhs job opportunities.
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ABOUT DEVELOPER
The Lodha Group is one of the country’s foremost developers and is amongst the elite league of multinational real estate entities with a signicant presence both in India and the United Kingdom. Lodha Developers is one of the most protable companies in the Indian real estate sector and has built several landmark projects over the years.
Lodha Builders is currently developing a whopping 43 million Sq.Ft. of prime realty space with the biggest land reserves in the Mumbai Metropolitan Region. It has 28 ongoing projects spread across Hyderabad, Pune, Mumbai and London and is also expanding its presence in Bangalore. The Group has the biggest land bank spreading over more than 6, 200 acres with approximate saleable area of 553 million Sq.Ft.
Some of the landmark Lodha projects pertain to its Building a Better Life motto including the iconic World One, the tallest residential tower in the world and the Palava City which is the country’s rst Greeneld smart city.
The Group has brought some of the biggest global names/brands like Trump, Armani/Casa, Jade Jagger, Philippe Starck, Greg Norman, Kelly Hoppen and Pei Cobb Freed to India. The Group is also famous for recording the largest land deal in the country till date when it purchased a plot from the Mumbai Metropolitan Region Development Authority in the year 2010 for a staggering INR 4, 053 crore. The Group has also acquired other land parcels in Thane, the famous Washington House property on Altamount Road from the American Government and also the Mumbai Textile Mills land parcel.
Website Link: https://www.squareyards.com/realty/lodha-palava-city-dombivli-mumbai/
Square Yards RERA Reg: REA Reg #A51800000454
Project RERA Reg: Prime Square MahaRERA #P51700017487, P51700017506, P51700017590 Aquaville MahaRERA #P51700015016, P51700015090, P51700010960, P51700013073, P51700011068, P51700013158, P51700013145, P51700013462, P51700010109, P51700011629, P51700015660
PAYMENT PLAN 15:85 Payment Plan: This plan requires the buyer to make 15% payment in three equal instalments of 5% each. The remaining 85% is paid after two years at the time of possession. The schedule for the payment is explained in the table below where the agreement value for a 1BHK unit is taken for calculation.
Product Price: ₹46,60,660
Typology 1 BHK
Milestones % of CV CV amount GST Total
Booking amount 1 (BA1) ₹99,000 ₹7,920 ₹1,06,920 5% Booking amount 2 (within 30 days from booking) ₹1,16,771 (5%-BA1) ₹9,342 ₹1,26,113
Mandatory Registration (within 90 days)
Within 60 days from booking 5% ₹2,15,771 ₹17,262 ₹2,33,033
Within 12 Months from booking 5% ₹2,15,771 ₹17,262 ₹2,33,033
On or before 1st Oct 2022 82% ₹35,38,649 ₹2,83,092 ₹38,21,741
On O er of possession 3% ₹1,29,463 ₹10,357 ₹1,39,820
Total 100% ₹43,15,426 ₹3,45,234 ₹46,60,660
NOTE: “The aforesaid schedule is not chronological and payment for any of the aforesaid milestones may become due before or after the other milestones, depending on the date of initiation of the relevant milestone. Payments are to be credited to our account within 14 days of demand being raised and any late payments shall carry interest as per the terms of the Application Form / Agreement for Sale. In case of payments by cheque/DD/pay order, please ensure that the said instrument reaches us at least 4 working days prior to due date to ensure that credit is received on your behalf by due date.” The agreement value is exclusive of registration charges (₹35,500) and other charges (₹3,600)
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