Property Description
This is an opportunity for redevelopment in Andheri West, offered by Rustomjee. The existing property includes two 3BHK apartments each with 685 sqft carpet area, totaling 1,370 sqft, and terraces totaling 1,650 sqft. The redevelopment comes with a signed and registered development agreement with expected evacuation in Oct/Nov 2026 and possession approximately 3.5 to 4 years after evacuation.
Property Details
- The property comprises two 3BHK apartments with a carpet area totaling 1,370 sqft.
- Each apartment includes 2 reserved car parks, totaling 4 car parks for both apartments.
- Located on higher floors as part of the expected allocation post redevelopment.
- The terrace area is 1,650 sqft, which includes a terrace buyout benefit with developer buyout agreement.
Financial benefits during the construction phase include rent compensation paid yearly in advance with a 10% yearly escalation, a corpus fund with a specified payment structure, brokerage fee coverage, and shifting charges. For site visit or more details, contact AV Properties.
