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7th HEAVEN - State-Of-The-Art Office Building Near Andheri (West)

 

For Investment or actual use with minimum area of 6400 saleable 4230 carpet and multiples thereof are proposed on 3 levels. Thereafter 4 levels will have minimum area of 12800 sq.ft and finally the remaining top floors with floor plate of 25600 sq.ft. The layout and design being unique offering an independent floor option with purchase of 6400 sq.ft. and above.

 

Efficiency of approx : 65-67%

 

Possession in 36 months from November 2008.

 

State of the art elevation and we have plans of getting this a ‘Green Building’ status keeping environment issues as top priority

 

12 Elevators servicing the building out of which 4 are designated Owners and Directors elevators, 4 for Executives and visitors and 4 service for drivers, peons, courier etc.

 

PRE LAUNCH BOOKING PRICE OF Rs.10,000/- per sq.ft with 40% down payment and balance as per progress of work. The price includes air conditioning, flooring of superior quality and finished bathrooms of superior quality. Does not include: electrical, false ceiling, ducting, pop and painting etc

 

Current prices for Quality A + Buildings in Andheri west region is 18000-20000 per sq.ft with rentals @175 to 225 per sq.ft. per month and in Malad in and around Mind Space is 12000 to 15000 with rentals @125 to 160 per sq.ft. per month. Based on this we can safely calculate a 12% per annum return on investment via rent @ 120 to 150/- per sq.ft per month as MINIMUM 'self assurance' by possession. We would like to assume that a rent of Rs.175/- per sq.ft per month is achievable by the time of possession.

  • Clear MMRDA title
  • Architect: Hafeez Contractor
  • Contractors will be of repute, in process of finalizing 

For further inquiry or details please contact our President and CEO ‘Chetan D Narain’ who is personally looking after this project. Email: properties@narains.com, narains.heaven@gmail.com or call 91 22 2674 7474 (11am to 5 pm)