About Property
Key points discussed in the building committee meeting are as follows:
1) Appointment of a Project Management Consultant (PMC) has been finalized.
2) The tender process will ensure that all society needs and member requirements are addressed for developers' consideration.
3) Each member is entitled to an extra Floor Space Index (FSI) of 62%.
4) Project completion is expected by November 2027, subject to smooth execution.
5) Notification for vacating the premises is anticipated by July/August 2024.
6) Rental income of approximately Rs. 175 per sq. ft. per month until project completion, totaling Rs. 170,625 for the mentioned flat.
7) Each member is eligible for a corpus fund of Rs. 3500 per sq. ft., amounting to Rs. 34,12,500.
8) Adequate parking with three basement levels will be provided.
9) The possibility of 10 wings is being considered, pending developer plans.
10) Each wing will have a limited number of floors (10 to 12) due to logistical considerations.
11) Modern amenities such as a gym, swimming pool, and play area will be incorporated into the building.
This premium Flat for sale in Mumbai offers an exceptional living opportunity in the desirable Malabar Hill area. Located within the prestigious Simla House project, this property combines modern amenities with strategic location advantages. Situated in the well-connected Nepean Sea Road area, residents enjoy easy access to schools, hospitals, and shopping centers. This spacious 2 BHK home provides comfortable accommodation with well-planned room layouts for growing families. Covering Carpet area of 975 Sq.ft of built-up space, the property maximizes utility while maintaining elegant design standards. Positioned on the Middle floor, this unit ensures privacy and convenience with proper building access. The East orientation provides excellent natural lighting and ventilation throughout the living spaces. Available in Un-Furnished condition, buyers can move in immediately or customize according to personal preferences. The quality Vitrified flooring enhances the aesthetic appeal and ensures long-lasting durability. Residents can enjoy beautiful Main Road view from the windows, adding to the property's charm.
Property Close to / Landmark : Priyadarshani Park, Central Bank of India, Bank of Maharashtra, Hanging Garden and Godrej Baug.
Amenities
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Simla House Location Map
Nepean Sea Road, Malabar Hill - Mumbai
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