Lodha Group has recently launched a township project called Palava at Dombivili, a suburb in Mumbai. The price of each apartment ranges from Rs 37 lakh to 65 lakh.
Abhinandan Lodha, deputy managing director, Lodha Group, said, “Palava is inspired by best practices of the world’s greatest cities. About 1/4th the size of the island city of Mumbai, Palava is spread across 4,000 acres.”
The group has already witnessed unprecedented interest with over 4,200 bookings worth Rs 2,000 crore within a month.
There has been a tremendous interest across India and from overseas customers. This is largely on account of the world-class design and amenities, collaboration with global city planners, the company statement said. Lodha launched Palava with Amitabh Bachchan as its honorary First Citizen.
Palava is 20 minutes away from the Navi Mumbai International Airport, a short drive from the key employment hubs of Thane, Navi Mumbai and Kalyan, and now, with the new Eastern Freeway, just about 60 minutes (40 kms) from the southern tip of Mumbai. According to the company statement, the project includes a business environment, educational and healthcare facilities, cultural and sports infrastructure, and safe public spaces.
The project comprises amenities like the Lodha World School, a pre-school, sports facilities and training academies, clubhouses, and a 9-hole golf course.
The group is presently developing 650 acres. Nearly four lakh people are expected to live in Palava by 2025.
The group is developing over 35 million sq ft of prime real estate, with over 20 projects in Mumbai, London, Pune and Hyderabad. They are also constructing the world’s tallest residential tower, World One, in Mumbai. In the last 12 months, the group has acquired two other significant land parcels — the 17-acre Mumbai Textile Mills parcel for
Rs 2,727 crore from DLF and Washington House property from the American government on Altamount Road in Mumbai.
Abhinandan Lodha, deputy managing director, Lodha Group, said, “Palava is inspired by best practices of the world’s greatest cities. About 1/4th the size of the island city of Mumbai, Palava is spread across 4,000 acres.”
The group has already witnessed unprecedented interest with over 4,200 bookings worth Rs 2,000 crore within a month.
There has been a tremendous interest across India and from overseas customers. This is largely on account of the world-class design and amenities, collaboration with global city planners, the company statement said. Lodha launched Palava with Amitabh Bachchan as its honorary First Citizen.
Palava is 20 minutes away from the Navi Mumbai International Airport, a short drive from the key employment hubs of Thane, Navi Mumbai and Kalyan, and now, with the new Eastern Freeway, just about 60 minutes (40 kms) from the southern tip of Mumbai. According to the company statement, the project includes a business environment, educational and healthcare facilities, cultural and sports infrastructure, and safe public spaces.
The project comprises amenities like the Lodha World School, a pre-school, sports facilities and training academies, clubhouses, and a 9-hole golf course.
The group is presently developing 650 acres. Nearly four lakh people are expected to live in Palava by 2025.
The group is developing over 35 million sq ft of prime real estate, with over 20 projects in Mumbai, London, Pune and Hyderabad. They are also constructing the world’s tallest residential tower, World One, in Mumbai. In the last 12 months, the group has acquired two other significant land parcels — the 17-acre Mumbai Textile Mills parcel for
Rs 2,727 crore from DLF and Washington House property from the American government on Altamount Road in Mumbai.
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