Birla Estates Worli New Launch Project Niyaara

By Sandeep Sadh
May 05, 2022

Birla Estates Worli has received RERA and Birla Estates has named the project as Niyaara. The project is receiving fantastic response.

There are likely to be 8 flats per floor in a large floor plate with around 12 elevators to service the residents. The 1st floor typically starts from Level 6 and Level 5 and 6 are likely to have amenities for the residents. The Birla Niyaara Phase 1 will have 75 floors and the upper floors above 65 are likely to be Duplex and Pent Houses which are going to have either North Views above Beaumonde in Prabhadevi looking into the Dadar Side Sea Cove and the South West views will have superb Worli Views passing through Lodha Park etc.

The launch is likely to open in early December and the booking amounts for 2 BHK will be around 5 lakhs and 3 BHK will be around 10 Lakhs.

The Birla Estates Worli New Project Niyaara is a good investment proposition for NRI and HNI's. The 5 to 6 year payment plans enable you to calibrate your real estate portfolio. For instance, sell an older property, purchase the New Birla Estate over a period of time and consolidate your portfolio.

In 2026 - 2027 by which we are anticipating the Towers will be ready although the RERA year will 2028, Niyara from Birla Estates will be the latest project then.

From the price points we are anticipating price bands from 4.75 Cr range for a 2 BHK and each year you can look at investing around 20% odd as your outflow.

Considering that this will be the Top End project in 2028 - This project will command the most premium pricing and a decent price appreciation. Today all Marquee buildings are in the range of 75000 to 100000 PSF in Worli - Prabhadevi and at the time of Possession we do anticipate a good appreciation.

Another core reason that we are very sure about this project is because its a project by the Birla Group and this will be sold off in no time and there will no inventory left out in a short term.

For Booking and more information. Please connect with us.

Sandeep Sadh - 9820030685

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About the author

Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Builders jack up rates with market handle - The Indian Express
REALTY PLUS ORGANIZES THREE OF ITS FLAGSHIP EVENTS AT HOTEL TAJ SANTACRUZ MUMBAI - Exchange 4 Media/Realty Plus
Need'nt hurry yet to buy that new flat - The Indian Express
More luxury homes than city needs - The Indian Express
Don't wait to buy a home; prices won't drop - Rediff
Make real estate deals more transparent - Money Control
Real estate market could recover by Diwali - The Economic Times
Energy-efficient buildings increase return on your realty investment - The Economic Times
Should you buy property in a religious location? - The Economic Times
Are you paying a higher maintenance bill for housing society? - The Economic Times
Developers Are Rolling Out Offers. Homebuyers, Read The Fine Print Carefully - Bloomberg/Quint
Hot property destinations of 2007 - Rediff
Piramal's big bet - Business Today
Are you buying a 'safe' house? - Magicbricks

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

Residential Leasing
Commercial Leasing
Residential Home Buying
Commercial Property Buying
Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

Drafting of the Leave and License Agreements
MOU for Buying/Selling Properties
Drafting Agreement for Sale
Gift Deeds
Computing of Capital Gains with current ready reckoner values
Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

LinkedIn - https://www.linkedin.com/in/sandeepsadhmpe/

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Birla Estates Worli New Launch Project Niyaara