K Raheja Corp to redevelopment plan luxury residential project over 1.3 acres in prime Haji Ali locality in South Mumbai

K Raheja Corp
K Raheja Corp to redevelopment plan luxury residential project over 1.3 acres in prime Haji Ali locality in South Mumbai

Real estate developer K Raheja Corp is set to transform the SOBO Central Mall in Mumbai into a prestigious luxury residential project. Located in the prime Haji Ali area of South Mumbai, the redevelopment plan for the 1.3-acre mall includes a 50-storey sea-view superstructure with approximately 2,50,000 sq. ft. of development potential. The project is expected to generate revenue exceeding Rs 2,000 crore.

Having recently acquired the property from Kishore Biyani’s Bansi Mall Management Company for Rs 476 crore, K Raheja Corp is now poised to finalize the redevelopment plan. Additionally, the developer has entered into a joint development agreement for a 2.5-acre land parcel in Worli, which also holds revenue potential exceeding Rs 2,000 crore. Under this agreement, K Raheja Corp will receive a 57 percent revenue share.

The surge in demand for luxury housing in India’s major cities over the past two years has led developers to focus on introducing innovative designs, world-class amenities, and personalized services in their projects. K Raheja Corp’s foray into luxury residential development reflects this trend, aiming to cater to the growing demand for upscale properties.

Prime Location Advantage:
This property enjoys a prime location with excellent connectivity to the rest of the city. Situated in Haji Ali, it is easily accessible from Chatrapati Shivaji Airport, bus stops, and metro stations, making commuting a breeze. The apartments are in close proximity to prominent schools, markets, malls, entertainment hubs, and healthcare amenities. The prime location, seamless connectivity, and easy accessibility make Haji Ali an ideal space for families.

Unmatched Amenities:
K Raheja apartments in Mumbai, Haji Ali, offer modern amenities including a swimming pool with a separate pool for kids, clubhouse, senior citizen deck, walking/jogging and cycling track, safe play area for kids, spa, fitness center, gym, dedicated parking space, uninterrupted water and power supply, power backup, indoor and outdoor sports area, modern elevators, foot reflexology path, Wi-Fi facility, and party hall. These amenities enable residents to embrace a fit and healthy lifestyle.

Architecture Masterpiece:
K Raheja apartments feature a seamless blend of contemporary architecture and modern styles. The project boasts a thoughtful floor plan that optimizes space utilization. The rooms receive natural light and fresh air, fostering a salubrious and refreshing environment. The homes have high-quality flooring, elegant bathrooms, modular kitchens, and spacious balconies. These amenities enable residents to experience an opulent lifestyle beyond compare.

Robust Security:
K Raheja Group ensures unmatched security measures in all its projects. The Haji Ali residential apartment project features advanced safety measures including CCTV cameras, trained security guards, patrolling, fencing across the boundary walls, gated township, intercom facility, boom barriers, biometric access, and smart security measures at the entrance where every vehicle and individual is thoroughly checked before entry. These multi-tier safety measures enable residents to live a worry-free life with their family.

Green Living Norms:
Embracing the green living philosophy, this project features abundant greenery and sustainable development. It includes eco-friendly initiatives such as solar panels, LED lights, waste management systems, rainwater harvesting, and energy-saving methods that minimize the project’s carbon footprint. The project also features abundant greenery where residents can rejuvenate and unwind away from the chaotic urban lifestyle, paving the way for a salubrious and refreshing environment.

Also Read:- Experion Developers to invest Rs 1,500 cr to build luxury housing project in Noida

Investment Potential:
Located in one of the affluent and central areas of Mumbai city, Haji Ali, these flats offer excellent connectivity benefits. The property prices in this area are comparatively higher and witness significant appreciation over time. Investment in the K Raheja Haji Ali Mumbai Project guarantees higher returns and assured rental income, making it a lucrative investment opportunity in Mumbai.

K Raheja Group – A Legacy of Masterpiece Projects Across India!

K Raheja Group is a renowned real estate developer with a proven track record of creating landmark projects across India. The developer is synonymous with excellence, perfection, and customer-centricity, delivering projects with international construction standards and a commitment to timely delivery. Their projects are distinguished by modern and futuristic features, as well as a sustainable approach.

The Haji Ali residential apartment project is a visionary and signature project of the developer, offering a sophisticated lifestyle filled with modern comforts and unparalleled conveniences. This future-ready project is a standout in Mumbai, thanks to its innovative construction and smart home automation that simplifies daily living.

The luxurious residential apartments with ultra-modern amenities in K Raheja Haji Ali Mumbai project are ideal for those seeking comfortable homes in the upscale area of Mumbai. The project’s prime location, excellent connectivity, and modern features make it highly desirable among those who seek an affluent lifestyle amidst nature’s pristine beauty.

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