Lodha Blue Moon Is A Good Bet To Invest In This Project

The Lodha Group plans to set six elegant high rise buildings with over 70 storeys around a private central park of nearly 6 acres at Lodha Blue Moon. The project will have on offer two, three and four bedroom apartments.
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Jan. 8, 2013 - PRLog -- Lodha  Blue Moon – Once in a blue moon does such an investment opportunity comes knocking

Blue moon signifies a rare occurrence of two full moons in a month. Once in a blue moon does it happen that a leading developer of India sells a strategic plot to another leading Indian developer. Again, it is an equally rare phenomena that the latter offers flats in its residential project at substantially lower rates at its launch phase in a locality as prestigious and expensive as Worli, Mumbai. Lodha  Blue Moon at Worli in South Mumbai is the outcome of one of the most expensive property sales of 2012 when DLF sold an 18 acres land of a textile mill to the Lodha Group. It also presents once in a lifetime opportunity to prospective investors.

The Lodha Group plans to set six elegant high rise buildings with over 70 storeys around a private central park of nearly 6 acres at Lodha  Blue Moon. The project will have on offer two, three and four bedroom apartments of sizes varying from 1,370 sq. ft. to 2,300 sq. ft respectively. This project has drawn its inspiration from Manhattan's Central Park. Its landscapes will sprawl over about 80 feet above ground level and will be designed by P Landscape, a Thailand based company with an international reputation. WOHA from Singapore have also collaborated with Lodha Group to design the project's structure.

Not only is Lodha  Blue Moon, the most awaited premium residential project but the developer has offered a 10 day window of pre-market opportunity for buyers to move in South Mumbai. Through select channels application forms are being made available since 7 January 2013. The completed application forms are to be submitted between 18th to 27th January 2013. The developer has come up with an Initial Public Offer (IPO) in which allotment of flats will be done using a computer algorithm system. While government organizations do this all the time, this is a first for a private developer. On the basis of the information in the application, the automated pre-programmed algorithm system will allot apartments to buyers. Not only will this system ensure transparency but universal terms and conditions will ensure that all buyers are treated alike.

Set at a premium location, this residential project offers excellent connectivity to commercial business districts of Nariman Point, Fort and Bandra Kurla Complex (BKC). It lies close to shopping malls with premium luxury facilities including Palladium, High Street Phoenix and Atria Mall as well as five star hotels like Four Seasons, Shangri La and ITC Grand Central. Moreover important road networks like Annie Beasant Road, S. B Marg, Gokhale Rd., Worli Sea Link, proposed Western Freeway as well as Western and Central Rail Network lie within a span of one to four kilometres. Furthermore, there is direct access to Prabhadevi and Lower Parel from the said location.

As far as economical benefits are concerned, it is a good bet to invest in this project for a number of reasons. Worli is one of the most desirable addresses in South Mumbai. The location of this region is such that currently the property prices in Worli for residential project starts from Rs 40,000 per sq. ft. for under construction projects to over Rs 1 lac per sq. ft for landmark developments. In fact, as per a report by Knight Frank Advisory in November 2012, Worli has been reconsigned as amongst the three costliest residences in India. Furthermore, due to super size of apartments available in premium projects, there is a very restricted group of home seekers and investors. Furthermore, this region has not seen very many launches. Lodha  Blue Moon is here to change that. For one, apartment sizes from 2BHK to 4BHK will be available here. This project will be available at relatively less prices during the 10 day window from Jan 18 to  Jan 27.  

At Lodha Blue Moon Worli, Mumbai a rare opportunity awaits home buyers and investors to acquire premium residences at a strategic location and the most sought after locality in Mumbai.

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Tags:Lodha Blue Moon, Lodha Blue Worli, Blue Moon Mumbai
Industry:Real Estate
Location:Gurgaon - Haryana - India
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