Crystal Group & Xrbia Developers Announces Affordable Housing Project in Mumbai

Crystal Group & Xrbia Developers Announces  Affordable Housing Project ‘Chembur Central’

by Suman Gupta

Mumbai, 6th April 2017: Mumbai Real Estate Developer ‘Crystal Group’ along with Affordable Housing Developer ‘Xrbia Developers’ has announced its game changing city-centre project whose first phase is planned to be 2000 houses at 700,000 sq. ft. out of an ultimate 6000 houses and 2.5 million sq. ft.

The project will see affordability enter the Mumbai’s city-centre real estate market. The apartments start at 40 lacs for 1 BHKs and up to 80 lacs for 2BHKs. The 1BHKs have a carpet area ranging from 180 to 230 sq. ft. and 2BHKs have 305 sq. ft. carpet area. The project will progress across a span of 40 months.

The project, ‘Chembur Central’, developed by Aryamaan Developers Pvt. Ltd., is located in one of Mumbai’s greenest suburbs. Located ten minutes from BKC, fifteen minutes from Navi Mumbai and twenty minutes from both CST and the International airport, the development is ideal for those who require convenient access to the city-centre. 

The project’s location is set to become increasingly desirable in the coming years, as it will be situated just one minute from Metro 4, one of the 7 new metro stations recently announced by the Maharashtra government. The Phoenix Market City Mall and R City Mall are both located within fifteen minutes of the project. 

Chembur Central boasts of 50 state-of-the-art amenities and is will be home to a meandering swimming pool. The other major highlights are a multi-level Club house, squash court, 600 metre walking track, a speciality restaurant, coffee deck, shopping, spa and amphitheatre among others. The project is conceptualised and master planned by iconic architect Hafeez Contractor.

“The location is seen as one of the most desirable residential locations in Mumbai, with annualized appreciation to the tune of 15-18%, and remains an important investment hotspot.” highlights an international consultant report.

Targeted to young professionals and millennials, the project will create compact homes designed for those who value convenience and affordability. With Xrbia’s efforts to satisfy society’s need for greater space efficiency and Crystal Group’s reputation for delivering high quality projects within timelines, together they hope to pioneer the trend of compact houses in city-centres.

“Chembur Central is one of the few centre city projects that is at an ideal location for its connectivity to all the major infrastructural areas of Mumbai. We hope to make this prime property available to home seekers. Crystal group is known for its timely deliveries and quality and we will stand for it in all we do.” said Mr. Mukesh Doshi, Chairman of Crystal Group.

“We are extremely pleased to bring in compact housing to Mumbai and are confident that it will be a turning point in the real estate sector in Mumbai,” said Mr. Rahul Nahar, Chairman of Xrbia Developers.