Oberoi Realty launching New Project Oberoi Forestville in Thane

Oberoi Realty launching New Project Oberoi Forestville in Thane

Oberoi Realty launching New Project Oberoi Forestville in Thane

Oberoi Realty Launching Forestville, a project by Oberoi Realty Ltd, located in the thriving area of Kolshet Road, Thane. Thane is a growing suburb with Metro and Goregaon Mulund Link Road etc and excellent connectivity to be built in the next 3 - 4 years will give Oberoi Forestville a good impetus of capital appreciation.

As you may be aware Oberoi Realty Ltd is a listed Company in the BSE/NSE and is a debt free company and all Oberoi Realty Projects are Premium and they command a good resale and lease rental values.

 If you are looking for a Long Term Investment and investing say around INR 1.87 onwards over the next 5 Years (which averages out to 50 to 60 Lakhs) a year then this is a great opportunity. The way to simply look at this as an investment is to compare it with Oberoi Garden City Prices, launch in Oberoi Exquisite was around INR 2.00 Cr and today its INR 6.00 Cr approximately as base price. We anticipate a fair capital appreciation in Oberoi Forestville.

Oberoi Forestville - Project Highlights:

  • Total Area: 18 Acres (Approx)
  • Construction Area: 9 Acres – Balance will be a Green Zone
  • Number of Towers: 5 – Current Launch is for Tower B & C
  • Tower Height: 60 Floors

Apartment Configurations:

  • 3 BHK: Spacious apartments measuring 1090 Sq.ft, including a balcony (INR 1.87 Cr onwards)
  • 4 BHK which is a combination of a 3 BHK + Studio 280 Sq.ft  totalling to a spacious 1367  sq.ft of Carpet Area (INR 3.00 Cr onwards)

These prices are tentatively given, the final price will be announced on 24th November 2023.

Booking Details and Finance:

  • Oberoi Forestville – Bookings start on 24th of November 2023 and an EOI – Expression of Interest is mandatory. We will fill the same for you after you share your interest in principle.       On EOI - Rs.11 Lakhs – 24th November 2023 – 3 BHK
  • On EOI - Rs.15 Lakhs – 24th November 2023 – 4 BHK
  • Down Payment required will be around 10% with in 15 days (Approximately)
  • Stamp Duty will be 7% in Thane
  • 5% GST is payable over and above the Agreement Value
  • Home Loans available
  • Each apartment will have 2 car parking spaces minimum

Unique Selling Proposition (USP):

Forestville boasts the distinction of being the tallest in Kolshet, providing panoramic views and an iconic presence. It has a Niche Premium Crowd of  Home Buyers of 3 and 4 BHK category and will be one of the most premium projects in Kolshet when its ready in 2028 – 2029. A lot of neighbouring buildings in Forestville, have 1/2/3/4 BHK mixed use, but Oberoi Forestville is going to be 3 and 4 BHK Only (4 BHK is a combination of 3 BHK + Studio) which will only be sold as 4 BHK.

All Oberoi Projects have a fantastic elevation and the discipline maintained after handover in the maintenance of the buildings make them look the same. Classic Example – Oberoi Exquisite and Esquire (Goregaon East) are 10 years old and they look as good as new today.

We are preferred Channel Partners of Oberoi Realty Ltd since the Year 2001. We would be glad to assist you in assisting you to Buy a Home or Invest and guide you through the process.

For further information or to schedule a visit, please feel free to contact us at 9820030685 - Sandeep Sadh

Oberoi Forestville is a RERA registered Project - MahaRERAP51700050312

Warm Regards,

Sandeep Sadh
Owner - Founder
Mobile -
+91 9820030685
 
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.

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 :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. 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/