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Property Description
This is a bungalow available for sale in Juhu area of Mumbai, specifically located at Mehrabad / Juhu Sagar on H.B. Gawde Marg in Santacruz Town Planning Scheme II, Juhu Koliwada. The total plot area covers 38,400 sq ft with significant sea frontage measuring 220 feet. The property includes three existing structures and offers excellent development potential with an assured FSI of 1 and a possible effective FSI of 2.7 due to TDR loading under new CRZ norms.
Property Details
- The property has a total area of 38,400 sq ft with sea frontage of 220 feet
- There are three existing structures on the plot
- Development potential includes a guaranteed FSI of 1 and possible increase to 2.7 with purchase of additional passage width
- Portion of the property is tenant-occupied, with 2500 sq ft and 1200 sq ft occupied in parts of the structures
- Clear and marketable title vested with a single owner
The proposal includes registered conveyance of title on payment, separate settlement of tenants, and purchase of additional passage width if required. Pending litigations have been settled by the Supreme Court ensuring no impediments in the title. The property will be available with clear, marketable title and vacant possession. The total asking price is Rs. 525 crore, negotiable. For site visit or more details, contact AV Properties.