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Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

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Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

Last updated: May 9 2020
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  • Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

    Can someone provide me details about this project in terms of it's current status ? it looks promising one as it is located in Bandra.

    it would be great if someone can share the construction pics here. Thank you.
  • #2

    #2

    Re : Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

    Originally posted by gistprop View Post
    Can someone provide me details about this project in terms of it's current status ? it looks promising one as it is located in Bandra.

    it would be great if someone can share the construction pics here. Thank you.
    It's Golibar slum redevelopment, not bandra, the current building which they are offering is in middle of slums and no proper access plus size of 350sq.ft carpet only, like creating another SRA building...it will take 15+ years to clear out all slums and redevelopment...On top carpet rate of 25K PSF+

    In real estate, if it looks really cheap, it has to be bad...

    Just look at the image and realize what are you getting into

    Click image for larger version

Name:	Golibar.jpg
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    Last edited January 3 2018, 05:23 PM.

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    • #3

      #3

      Re : Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

      Originally posted by Consumer890 View Post

      It's Golibar slum redevelopment, not bandra, the current building which they are offering is in middle of slums and no proper access plus size of 350sq.ft carpet only, like creating another SRA building...it will take 15+ years to clear out all slums and redevelopment...On top carpet rate of 25K PSF+

      In real estate, if it looks really cheap, it has to be bad...

      Just look at the image and realize what are you getting into

      [ATTACH=CONFIG]n2574284[/ATTACH]
      Thank you so much for the updates. As per the image, the location is not looking good.

      Does anyone know if they have started the construction?

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      • #4

        #4

        Re : Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

        Hey, Ive been following the project for the past few months, the price has been increasing steadily. I guess it can be a good investment option as compared to other investment options if you consider the price trend.

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        • Please
          Please commented
          Editing a comment
          Its surrounded by slums
      • #5

        #5

        Re : Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

        Guys the carpet area is 322.Bedroom is 81 sq feet with no attached balcony. The drawing room is 98 sq feet with no balcony. Attached open balcony with full sliding window gives open views. Is 320 sq feet 1 bhk new normal.

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        • #6

          #6

          Re : Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

          Please Yeah but I'm looking at it as an investment proposition. If you consider the fact that in a few years the slums would be rehabilitated by SRA, the prices in the area would obviously shoot up! Even if you consider it as your new home the slums would only be for a few years.
          Last edited January 5 2019, 04:45 PM.

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          • Please
            Please commented
            Editing a comment
            If you are buying now you will get possession in 2023, next 10 years of your plan is to put it on rent then by 2033, I am sure surrounding area will be lill improved, so from investement perspective 322 sq flat for rental income is fine. But the risk is will the project be completed in 2023 or like Flint stone ghatkopar builder will run away to Dubai despite the project being rera registered.
        • #7

          #7

          Re : Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

          ntlyn

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          • #8

            #8

            Re : Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

            I Request apartment Owners to join this group. I have already joined.

            https://www.commonfloor.com/apt-join?p=fgfr6c&skip_mail=1

            Thankyou

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            • #9

              #9

              Re : Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

              Anyone here who has booked flat in this project?

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              • #10

                #10

                Re : Gulmohar Avenue by Shivalik Ventures in Bandra, Mumbai

                Algae in the pics show work hanst moved for a year

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