Tag: Mr. Navin Makhija

Navin Makhija - Managing Director, The Wadhwa Group

The Wadhwa Group brings WOW lifestyle to Wadhwa Wise City at Panvel

Mumbai: The Wadhwa Group, one of India’s leading real estate development companies and a prominent realty player in Mumbai, has launched two new towers in Phase I of their project Wadhwa Wise City at Panvel. Wadhwa Wise City in Panvel spread across 138 acres and part of a 450-acre land parcel to be developed by The Wadhwa Group is a vision of sustainable growth and holds the distinction of being the first-ever integrated township project in NAINA (Navi Mumbai Airport Influence Notified Area). The two new towers will comprise of spacious 1 and 2 bed balcony residences with carpet areas starting from approx. 385 sq. ft. to 535 sq. ft. Panvel is set to be the next big growth corridor with rapid infrastructure development along with upcoming business and transport hubs in close proximity.

Speaking about the launch, Mr. Navin Makhija, Managing Director, The Wadhwa Group says, “With continuous demand from first time buyers and a growing need to have a second or independent house, we are delighted to announce the launch of few new towers and bungalow scheme at Wadhwa Wise City, Panvel which has been designed keeping the buyer’s overall wellness and all the lifestyle needs in mind. Panvel is nestled in the lap of the Western Ghats, surrounded by picturesque mountains and vast greens, and yet connected to the modern world through a network of modern highways, suburban railway and international airport. The township is strategically located close to several infrastructure developments and with the government’s strong focus on developing Panvel, this region is slated to be the next economic growth corridor. We are confident that this integrated township will be the next astonishing landmark in Panvel. The Wadhwa Group will continue to delight its customers through developments that are a blend of superlative design, quality construction and luxurious living.”

The integrated township include 23 towers in single cluster that are planned in multiple phases and will also comprise of IT parks, Father Agnel School, healthcare facilities, clubhouse, retail and shopping etc. This mega residential township once completed will not just be a row of concrete structures, but an impeccable mix of green & grey to render a mega lifestyle for a healthier & holistic living. Spread across a vast verdant tract, this sprawling project will offer community living at its best via its meticulously planned spaces. The project will offer ample natural beauty, vast open spaces, multitude of premium lifestyle amenities, educational and recreational facilities, all built within the township. The overall wellness is also at the top of the priority list where homes will have optimum ceiling height, ample natural light and superior ventilation. Even common spaces are designed following the sun’s path and the wind’s direction, keeping the residents vibrant with natural energy, fresh air and sunlight throughout the year. The existing Mohape railway station on the Panvel-Karjat suburban line is passing through the project and is within 5-10 minutes of walking distance from the phase 1 development.

The state-of-the-art amenities are thoughtfully planned that provide a quintessential lifestyle to its residents. Residents of all age groups can pamper themselves with a wide range of amenities such as Rock climbing, Jogging track, Gymnasium, Multipurpose hall, Squash court, Yoga lawn, Kids play area, Amphitheatre, Swimming pool, Indoor Badminton court, Senior citizens areas, party lawn, café, Indoor games room, Open gymnasium, Central greens, Nature trail, Basketball court, Volleyball court and many more.

Panvel is the hub for infrastructure growth and development. In recent times there has been a strong focus on Panvel as the new centre of development with tremendous Government impetus, initiatives and investment. Besides high infrastructure growth, the superior air quality and microclimate, dedicated open spaces, abundance of nature and excellent connectivity make Panvel truly the destination of the future.

Panvel already offers excellent railroad connectivity to the main city—Mumbai has proven to be the most sought-after region for mixed use townships. It is connected to both the central and western lines, it is also known as the gateway to the Konkan region, easing the commute to the other states of India. Located close to Mumbai-Pune Expressway and the Sion-Panvel Expressway, travelling to either Mumbai or Pune is quite convenient. Planned development and Infrastructure has been a major differentiator for the region compared to the other parts of the city. The commencement of the work of the infrastructure developments like the Navi Mumbai International Airport and the Mumbai Trans-Harbour Link are the factors that are driving the demand for residential and commercial real estate in this new growth corridor. In recent times, the NAINA region has emerged as the hub of affordable housing due to comparatively lower prices, good road and railway connectivity and growing infrastructure.

Supporting the economic upliftment of the region, Wadhwa Wise City is expected to become a viable option for the homebuyers.

The Wadhwa Group clocks revenue over 550 crores in the span of 15 days...

The Wadhwa Group clocks revenue over 550 crores in the span of 15 days…

Mumbai: The Wadhwa Group, one of India’s leading real estate development companies and a prominent realty player in Mumbai, witnesses an upsurge in business and clocked revenue of over 500 crores in the last 15 days itself. The developer has launched 4 new projects in the same period out of which 3 projects are residential and 1 project offers boutique commercial spaces. The Wadhwa Group launched a new tower Orchard at their project TW Gardens in Kandivali; Azure at their project Atmosphere O2 in Mulund; a new project Dukes Horizon alongside a commercial project The Epicentre in Chembur. All these projects have received a massive response with as many as 375+ units sold in these projects accounting to revenue worth 550+ Cr within a few days of the opening. The projects have emerged as the preferred choice for buyers who consider connectivity, convenience, healthy living and reputation of the developer to be an important factor for buying a property. The company also witnessed increasing demand for larger homes with the prevalent work-from-home culture, wherein the units with extra space/study room/ decks emerged as the best-performing category.

According to recent studies, home buyers prefer organized players having a good track record of execution. The robust sales and increased new launches by top players are only likely to grow in the upcoming quarters, especially since homebuyers are now more skewed towards leading developers who assure them timely project delivery and quality construction.

Commenting on the success factors, Mr. Navin Makhija, Managing Director, The Wadhwa Group says, “We are extremely thrilled by the stupendous response received for our new project launches. We have seen increased interest from the homebuyers with the site visits at our properties rising 15-20% higher than the pre-Covid levels. The success of these projects is the affirmation of the fact that good projects by trusted developers are doing well. The credibility of developers, quality of construction, design and planning of the project, infrastructure support and timely delivery are paramount. Apart from this lower home loan interest rates along with reduced stamp duty has been an added advantage.”

Azure at Mulund West in association with Man Infra Construction Limited & The Chandak Group boasts of residences with mesmerizing views of the Thane creek. This landmark is aimed at offering the ‘Best of both worlds’ – be it work life balance, seamless connectivity with all necessary conveniences in the vicinity, or a quality home with the best lifestyle amenities, this project is strategically located on GMLR and meticulously designed to offer it all.

Orchard at TW Gardens, Kandivali in association with Thakur Group will comprise of spacious homes providing breathtaking views of the lush green Sanjay Gandhi National Park which is spread across 25,000 acres. The project is strategically located in Thakur Village offering excellent connectivity to leisure options and business hubs.

The Wadhwa Group in association with the Salarpuria Sattva Group recently launched a mixed use project at Chembur – Dukes Horizon a lifestyle residential project and ‘The Epicentre’ which offers premium boutique office spaces in a well-connected suburb of Mumbai. This iconic project brings with it a nostalgia of the old Dukes factory, now transformed into a tailor-made destination for the new generation. Contemporary, cosmopolitan and heaped in culture, Dukes Horizon is defined for its novel lifestyle and game changing connectivity whereas the Epicentre is one of the finest ideas to bring commercial office spaces to the central hub of Mumbai. Seamless connectivity from all sides, this business hub is actually an epicentre of convenience, luxury and state-of-the-art work environment.

The Wadhwa Group cheers homebuyers with their festive offers amid Covid-19

The Wadhwa Group, one of India’s leading real estate development companies and a prominent realty player in Mumbai, have introduced a couple of Campaigns for the festive season. With the success of Postpaid Homes on ready inventory, the developer has introduced “POSTPAID HOMES PLUS” Move-In-Now Pay-Later, an extension of the earlier Postpaid Homes campaign along with additional benefits and a “HIGH RISE -PAY WISE” campaign for recently launched projects. Both the campaigns will run throughout the festive season of Navratri and Diwali, which begins from 15th October till 15th November 2020.

The Postpaid Homes Plus offer is valid for their Ready-To-Move-In projects; Atmosphere – Mulund (W), Elite – Thane (W), Crown Residences – Goregaon (W) & Prima Residences Ghatkopar (W). One can move in by paying just 10% and move in the house on getting the home registered in the OC received project, the EMI of balance payment will be served by the developer for 1 year thereafter. The Offer has many other propositions like investment is free from construction risk, one gets a freedom from paying rent & EMI together, no GST applicable, reduced stamp duty, no additional cost of EMIs loaded, lowest price guaranteed and payment holiday.

The High Rise Pay Wise offer is valid at their under-construction projects; Wadhwa Pristine, Matunga-Dadar (W), Atmosphere O2 – GMLR Mulund (W) and TW Gardens Kandivali (W). The highlight of the campaign will be the exclusive “SKY RESIDENCES” as the developer is opening higher floor inventory at the mentioned projects with limited period offers. The customer can get premium interior features at the best prices for 2 & 3 bed sky residences which will have mesmerizing views. One can book now by only paying 10% with no floor rise and no payment till June 2021.

Commenting on the festive campaigns, Mr. Navin Makhija, Managing Director, The Wadhwa Group says, “The residential segment looks very promising in the current scenario of Covid 19, as many people including the young generation are now looking to own a house rather than be dependent on rental accommodation. We are seeing sales volumes coming back to normal as things are opening up.

This festive season we are providing an array of propositions on our under-construction as well as ready-to-move-in inventory with flexi-payment options; which also solves customer’s current liquidity woes of paying everything upfront. Customers have now realized the importance of a well planned, well designed and a well-ventilated home during the pandemic more than ever before and therefore we are seeing a lot of traction for our projects as they are built on the philosophy of ample height, light & air. Also, home loans interest rates are at an all-time low and with a reduction in stamp duty the sector should get a much-needed boost as we enter the festive season.”