Palava by LODHA – India’s fastest growing city is designed to fulfil every dream and desire. Spread over 4,500 acres and located close to the upcoming Navi Mumbai international Airport (via Tajola bypass), Palava city lies at the heart of the economic activity in the Mumbai Metropolitan Region (MMR).
Palava is a short 20 minute drive from Thane, Navi Mumbai, Airoli and Kalyan – and less than an hour’s drive from South Mumbai via the Eastern Freeway and well-connected by rail. Nearby railway stations include Dombivli (Central Line), Vashi (Harbour Line), and Diva (Vasai-Panvel Line).
GST rate on affordable housing is reduced to 8%^ from 12%.
Lowest interest rates in a decade, resulting in super-low EMIs
Real estate is the best bet against inflation, as it’s the only asset that loses little or no value in periods of rising prices .
Get benefits up to Rs2.3 lacs under the Pardhan Mantri Awas Yojana (Urban), if you are a first-time home buyer with an annual household income between Rs6-18 lacs
While gold may have given returns of 7% annually, Palava has given 3x returns compared to gold over the last 7 years1.
With RERA getting implemented, the new homes come with a seal of trust, ensuring fair-play and timely delivery
|Air conditioned bedroom with 5-star energy efficient AC|
|Premium double charged vitrified flooring|
|Designed with minimal wastage of space|
|Separate wardrobe space in bedroom|
|Instant geyser in bathroom|
|Bath fittings from Jaquar and other brands|
|Homes with beautiful garden of tree-lined avenue views|
|Advanced multi-tier security system|
Established in 1980, privately held Lodha Group is India's No 1 real estate developer and amongst the world's select multinational real estate developers with presence in India and the United Kingdom.
The company is one of the most profitable players in India and the largest by sales for three consecutive years. It achieved net sales of INR 7,790 Cr for FY 14-15 and INR 7,520 Cr for FY 13-14 with INR 8,092 Cr in FY 12-13 and INR 3,911 Cr in FY 11-12.
The Group is currently developing an estimated 43 million sq ft of prime real estate with the largest land reserves in MMR, and has 28 ongoing projects across London, Mumbai, Pune and Hyderabad and expanding in Bangalore. The group has the largest land bank of over 6,200 acres with an estimated saleable area of ~553 million sq ft. In FY 14-15 alone the company delivered 5.7 million square feet and 5,500 units across projects. The group plans to deliver more than 11.8 million sq ft in FY 15-16.
Lodha Group is one of the largest corporate entities in Mumbai, with over 3,870 direct associates and over 25,000 workmen at its sites. It has the largest technical manpower in real estate (1,800+ engineers, 800+ management professionals, 150 designers and architects) supporting an 1,800 strong construction management team. The company also comprises of over 550 marketing and sales professionals, supported by 300 customer care representatives. The group is also the largest premier B-school recruiter, having employed over 300 fresh graduates.
Pioneering new trends in the market, the Group introduced CASA by Lodha, offering the mid-income consumer luxury homes within easy reach. The Group also introduced the concept of branded office spaces, with offerings at every level, from world-class corporate offices and large-scale office campuses to signature boutique offices for growing businesses.
Lodha’s clean title land, world-class design, excellent execution, differentiated branding and marketing together with energetic on-ground sales have worked well to create the best value for customers. The Group's tremendous success has been marked by financial investments from the finest global long-only investors, including JP Morgan, Deutsche Bank, HDFC Ventures and ICICI Ventures. Going beyond its role as a premier real estate developer, the Lodha Group has been a socially responsible corporate, focusing on education as the best medium to enrich society.