Adani Real Estates
The Indian real estate sector is on a strong growth path, led by rising GDP, improving demographics, growing affordability, increasing impact of IT/ITES and organised retail sectors, supported by strong FDI and portfolio inflows. The unprecedented demand has driven the need for organised sources of funding, creating ‘investability’ and has led to the emergence of real estate as a sustainable asset class. The office space in India is also far lower when compared with international peers like Hong Kong and New York.
The group has taken up an integrated township development in Ahmedabad projected as "Shantigram". The location of the Township shall be on S G Highway approximately 10 Km away from Thaltej Circle towards Gandhi Nagar.
“Shantigram” will be the one of the largest and most modern futuristic township of its kind. The township project shall involve the development of Residential and Commercial Spaces.
- Ultra Modern Hotels
- Food Courts
- Multiplex Cinema Halls
- Entertainment Zones
- Performing Art Centre with Multiple Auditoriums
- Padestrian Market Place
Sports & Leisure
- Lush Green Golf Course
- Athletics Field
- Cricket Ground
- Tennis Courts
- Multisports Field
- Swimming Pool
- A Club house
- Club & Gym
- Jogging & Cycling Track
- Green Park Walking
- ultra modern Apartments
- Individual Bungalows
- Commercial Space for Offices, Corporate Houses, Shopping Malls, Entertainment, Restaurants, Hotels, Hospitals, Recreation etc.
- Primary and High School facilities
- Two Advanced Education Institutions
- Petrol Pumps
- A Large Green Park for the community
- A Large Artificial Lake
- A Botanical Garden & Nursery
- Religious Temples
- Fire Brigade & Ambulance Service
Commercial & Residential Developments
Mumbai is a commercial capital of India and is the sixth largest metro in the world.
As a result, Mumbai offers a plethora of employment opportunities and this in turn has led to an increase in its population from 12.5 million in 1991 to 16.4 million in 2001. With scare residential space to cater to an ever increasing population and dwindling commercial area in the event of enhanced economic activity, Mumbai realty prices have hit the roof.
To capitalize on this segment, Adani Enterprises through its 95% owned subsidiary has identified two properties in Mumbai.
Bandra Kurla Complex
The site is located in International Finance & Business Centre (IFBC) in Bandra-Kurla Complex (BKC) and is in the close vicinity of some of the most prestigious commercial developments in BKC. The subject site is located opposite ICICI Bank and IL&FS buildings and is in the vicinity of the ONGC colony.
BKC has locational advantage with proximity to important commercial areas such as Andheri, Maharashtra Industrial Development Corporation (MIDC) complex and Santa Cruz Electronic and Export Promotion Zone (SEEPZ) lying in its close vicinity. Moreover, it is located in the heart of the city and connectivity to Western Express Highway and other airports make it a highly preferred location for commercial purpose. The subject site is accessible from the MMRDA Road as well as C.S.T Road in Kalina. The subject site can be accessed by all major roads from South and Central Mumbai.
BKC has developed as one of the most sought prime commercial micro-market in Mumbai after the Central Business District (CBD) in Nariman Point. It is expected to become the secondary central business district (CBD) of Mumbai due to the factors like the quality infrastructure, availability of land by MMRDA, established companies, road width, easy accessibility, etc.
Khatau Mill Land
As per order of Board for Industrial & Financial Reconstruction (BIFR) dated 22nd February 2007, Khatau Makanji Spinning & Weaving Mills Ltd. (KML) has been demerged and the properties pertaining to Byculla and Borivali with the resulting company i.e. Swayam Realtors and Traders Ltd. (SRTL). Adani group holds 60% shareholding of SRTL.
The Property is located at two places:
The subject property is located off N.M.Joshi Marg near Byculla Station.
The subject property is located adjoining Ekta Meadows off Western Express Highway on Borivali (East). It is in close proximity of Thakur Complex and nearly 5 minutes from Borivali station and Magathane Bus depot.
The re-development of erstwhile defunct mill lands in Central Mumbai is going to mitigate the dearth of quality real estate in Mumbai. The supply of corporate office space from mill lands is expected to have a significant impact on the subject property site and proposed development.
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