After the grand success of Lodha Big Bang, Lodha Group has come up with another luxurious venture ‘Lodha Amara’. Located at Kolshet Road, Thane Lodha Amara is the latest Utopian style Urban Oasis development by Lodha Group. The project is being developed by India’s finest developers, in partnership with India’s most celebrated architect, Hafeez Contractor, and Sitetectonix, one of the world’s leading landscape design firms.
The Product: Lodha Amara
Spread over 40 acres, Lodha Amara is a Thane’s finest residential project which is surrounded by lush green natural surrounding offering a peaceful living atmosphere within Prime Central Thane. Out of total land area, 85% area is dedicated to open spaces and the remaining area is used for construction. The project offers elegantly designed 1/2 BHK smart homes options. The 1BHK units are is available in the size of 720 sq.ft., whereas 2BHK units are available in two different options – 882 sq.ft. and 1,026 sq.ft. (accompanied by a puja room).
Lodha Amara – 360° Virtual Tour
Directions To Reach
Lodha Amara is located at Kolshet Road, Thane. Due to the rapid development, the region has attracted many reputed builders, leading to a surge in launch of many affordable and premium housing projects.
- Lodha Amara is just 6 minutes away from Eastern Express Highway
- Lodha Amara is just 15 minutes away from Thane station
- It is only 4.3 kilometers (7-minute drive) from Eastern Express Highway and 5 kilometers from the Thane Railway Station
- The BKC (Bandra Kurla Complex) is 40 mins via LBS Marg
- Lake City Mall, Viviana Mall, Korum Mall, Eternity Mall are some of the famous shopping malls located here
- The distance from proposed new international airport is 50 mins via Thane Belapur Road
- Proposed Metro connectivity from Ghatkopar to Thane
Infrastructure & future prospects
With well-developed infrastructure and smooth connectivity, Thane is considered as India’s most promising centre for business. The area houses India’s top 50 corporates, including IT and ITEs firms, financial institutions and multinationals, already have a presence here.
In addition, here you will find glittering malls, multiplexes, large amusement parks, botanical gardens, theme parks and a lively performing arts centre.
There is a proposed Metro rail in the area that would run along the Ghodbunder Road with more than 10 halts within Thane itself. With metro connectivity, the travel time between Thane and Wadala is expected to reduce by 25-30 minutes. Other ongoing developments in the area include construction of the Thane-Diva Road, Bhiwandi bypass flyover, metro-3 project to Kalyan and Mira – Bhayander areas and parallel roads from Thane to Kalyan along the metro line.
As per locality review, the upcoming infrastructural developments in the area will see a tremendous spurt in the capital and rental values – 60 per cent appreciation from 2015 to 2020 (rated by Knight Frank).
Incepted in 1980, Lodha Group is counted among one of the leading real estate developers in Mumbai. The company is headed by Mr. Mangal Prabhat Lodha, chairman and founder of Lodha Group.
Since its inception, Lodha Group is working on over 35 million sq.ft. Of space which accounts For more than 30 projects that are located in and around Mumbai (from Napean Sea Road to Dombivali). In addition, the group is expanding their wings in Hyderabad and Pune.
Top Projects till Date:
- Aurum in Kanjurmarg, Mumbai comprising of 144 units of 2/3 BHK apartments
Few of its key ongoing residential projects are:
- Lodha Belmondo, Gahunje, Pune comprising of 2,554 units of 4BHK villas and 1/2/3/4 BHK apartments
- Lodha Fiorenza, Goregaon East, Mumbai comprising of 433 units of 2/3/4 BHK apartments
|Highest Locality Price||Rs. 13,907 per sq.ft.|
|Average Locality Price||Rs. 11,310 per sq.ft.|
|Lowest Locality Price||Rs. 8,712 per sq.ft.|
As per locality review, the average locality in Thane West is Rs. 11,310 per sq.ft. and apartments at Lodha Codename Amara are priced at Rs 8,162-8,263 per sq ft. which is quite reasonable when to compare to the average locality price.
Other similar projects are available at a price range of Rs. 8,999 per sq.ft, for Runwal Eirene and Rs. 8,250 per sq.ft. For Runwal Doris.
IRR’s overall rating of Lodha Amara
Attractively priced for the buyers, it’s surely a venture not to be missed. It is good for investors looking forward to getting benefit from Delhi Metro and other infrastructure developments in the area.
So hurry up!! Also, if you have any feedback about Lodha Amara, do share it with us.