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Overview
Located in Titawe, Raighad District, Asmita is situated on the backwaters of the Warasgaon Lake, Pune on the Western Ghats of the Deccan Plateau. The property consists of agricultural plots with a total extent of land of 150 acres. The area of each unit is 1 acre and has adequately demarcated plots. There is a tar road access to the property.
Asmita lies in the backyard of LAVASA Phase III where built up units of 4000 sq.ft. on ½ acre land are sold at Rs. 1.5 Cr. to 2 Cr. Also there are a lot of developments taking place in LAVASA like…
Space World - NASA synchronized foundational curriculum of the space and aviation technology. Apollo Hospitals - 200 acres health and wellness centre. Said Business School, Oxford University – one of Europe’s youngest and most entrepreneurial business schools. Accor – Convention and Event Center ITC
It is in close proximity to Mangaon – a major city in the Raighad District. Land here is selling @ Rs. 22 lakhs/acre.
The government has sanctioned 5000 Cr for the development of the Konkan region, it is all set for a face lift with the development of more dams and reservoirs, golf courses, water parks, coastal ropeways and even a wax museum similar to Madame Tussauds. This will lead to appreciation of land prices along the belt which is just 16 kms from the NH 17.
Also, the developments along the Mahad belt and the Vile Bhagad MIDC which is just 4 kms from the property makes Asmita a potential investment offer.
Benefits:
- Flat Terrain
- 150 acres of land
- In close proximity to India First Hill City – Lavasa
- Close to populated areas where there is a need for residential land
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- Raigad: The Future Commercial & Industrial Hub
Plan to make Raigad a commercial hub to ease Mumbai's space woes. Hindustan Times, June-17-2010 POSCO to invest Rs 3,500 cr in JV with SAIL. The Economic Times, June-1-2010 Tata's 1,600-Mw Maharashtra project cleared for launch. Business Standard, June-17-2010
- MMR gets special funding: Time to benefit from realty
Cities are central to inclusive growth in India- McKinsey,The Financial Express, April-23-2010 Special fund for Mumbai's infrastructure, Hindustan Times, April-27-2010 Mumbai Metropolitan Region areas, MMRDA website
- Railway upgrades bring real(ty) benefits.
Konkan Rly plans electrification, doubling of tracks, Times of India, April-15-2010 Konkan Rly, Balaji Infra ink pact for connecting Dighi, The Hindu Business Line, February-01-2010 MoU for Rail Link From Dighi Port Indapur- Mangaon, www.sarkaritel.com, January-30-2010
- Investment Bank's Development to trigger positive repercussions.
GFH gets environmental go ahead from Maharashtra. , Press Trust of India, March-23-2010 Gulf Finance House. Navi Mumbai gets a business booster shot, Hindustan Times, March-07-2010 Gulf Finance's EDZ in state on track, The Economic Times, March-22-2010 Chief Minister launches Rs 45K crore economic development zone, The Times of India, March-08-2010
- Development attracts major industrial investors.
Delhi - Mumbai Industrial corridor (DMIC) project. Posco plans Rs 4,000-crore investment in Maharashtra, Business Standard March-15-2010 DMICDC plans two gas based power projects in Maharashtra, Business Standard, March-12-2010
- Improved connectivity and tourism opportunities - important ingredients for Real Estate appreciation.
'Get set for a four-way drive to Goa', Times of India, January-20-2010 'Cidco plot for Kharghar film park fetches Rs 1,530 crore', Times of India, January-22-2010 'Transport plan gets a push', Hindustan Times, January-25-2010. 'Zip from Virar to Alibaug in 1 hour', Indian Express, Jun-05-2009 'Navi Mumbai theme park gets bid of Rs1,530 crore', DNA, January-22-2010
- Raigad district attracts majority investments amid slowdown. Set to have a positive impact
'Auto sector clocks steep July growth; outlook bright' : Financial Chronicle - August 10th, 2009 'Indian steel sector can achieve double digit growth - Mr Rastogi' : Steel Guru - August 17th, 2009 'Poor monsoon may hurt cement demand' : Economic Times - August 19th, 2009 'India's IIP growth rate up for June 2009' : RTT News - August 12th, 2009 'Maharashtra attracts Rs 10k cr of plans' : The Economic Times - August 19th, 2009
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