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Property Description
This redevelopment opportunity is located on Devidas Lane in Borivali West. The existing flat has 422 sqft of carpet area, while the proposed new allotment provides 545 sqft carpet area as per RERA and 522 sqft carpet area as per MOFA. The asking price is negotiable, and the redevelopment documentation is currently under process.
Property Details
- Located at Devidas Lane, Borivali West
- Existing carpet area is 422 sqft
- New proposed carpet area is 545 sqft as per RERA
- New proposed carpet area is 522 sqft as per MOFA
- One podium parking space is provided free of cost
- Flat allotment will take place after the development agreement
- Development agreement is currently under process
- Shanti Developer is identified as the developer
- Current rental income is Rs.30,000
- Rent is stated as Rs.72/75
- Corpus is approximately Rs.600
This redevelopment opportunity is suitable for buyers evaluating an existing carpet area against the proposed post-redevelopment allotment, along with the stated parking and current rental income details. For site visit or more details, contact AV Properties.
Frequently Asked Questions
The asking price is Rs.1.38 crore and it is negotiable.