Property Description
This is a redevelopment opportunity in Lokhandwala Market, Andheri West, offered by Rustomjee. The project includes two 3 BHK apartments with a total carpet area of 1,370 sq.ft. in the existing structure and an expected total carpet area of approximately 2,158 sq.ft. after redevelopment. Each apartment comes with 2 car parking spaces.
Property Details
- The redevelopment has a signed and registered Development Agreement with expected evacuation in Oct/Nov 2026.
- Expected possession is 3.5 to 4 years from evacuation.
- Each apartment includes 2 reserved car parks, totaling 4 car parks for both units.
- The apartments are expected to be allocated on higher floors.
- The terrace area covers 1,650 sq.ft. with an additional terrace buyout benefit offered by the developer.
There is a financial structure involving corpus fund payments, rent compensation with yearly escalation, brokerage payment for buyers, and shifting charges. For site visit or more details, contact AV Properties.
