Mahindra Lifespaces Vivante is a luxurious residential venture launched by Mahindra Lifespaces Group in Andheri East. Each and every abode in this project is designed with utmost care and excellence and well-appointed with a host of luxuries that will ensure high living standards and these can be witnessed both inside and outside the homes.

Will it make a good investment? Let’s find out.

Here is the analysis.

The Product: Mahindra Lifespaces Vivante

Located amidst premier locales of Mumbai, Mahindra Vivante is built over 3 acres of land. The project offers spacious 1/2/3BHK apartments ranges from 732 sq.ft. to 2,041 sq.ft. These apartments are well crafted using state-of-the-art products. The project is adorned with international standard specifications along with ultra-modern amenities to make life more luxurious and comfortable.

Directions To Reach

The project is located in the heart of the city – Andheri East. Andheri East is a good residential area and everything is just 10 minutes away. Whether it’s the airport or the best of the restaurants, a movie theater or a shopping mall. Everything is just a few minutes away.

Location Advantages:

• The distance from Western Express Highway is only 5 mins
• The distance from Ghatkopar Link Road is 25 mins
• The distance from famous SEEPZ is10 mins
• The distance from International & Domestic Airport is 12 mins
• The distance from MIDC is 23 mins and from Eastern Express Highway is 38 mins
• St. Xavier’s High School, Holy Family School, St. Dominic Savio High School and Canossa High School are some of the famous schools present in the area
• Some of the famous colleges in the area are Shri Chinai College of Commerce & Economics, Tolani College of Commerce and Rajasthani Sewa Sangh College of Arts & Commerce

Infrastructure

Located in the Western suburbs of Mumbai, Andheri East is rapidly developing as a manufacturing hub of the city. Today, Andheri East is a lucrative destination for corporates of every scale and sector.

Santa Cruz Electronic Export Processing Zone (SEEPZ), Maharashtra trial Development Corporation (MIDC) and Solitaire Corporate Park are some of the some of the famous commercial developments present in the area.

Connectivity and future developments

When it comes to connectivity, the area is well-connected to major highways like Jogeshwari Vikhroli Link Road JVLR and NH8, which provides smooth connectivity to the domestic and international airports. The Western Highway is the main highway that connects Andheri East to commercial hubs like Lower Parel, Bandra Kurla Complex and the Eastern suburbs of Powai, Mulund and Vikhroli.

The SEAR (Sahar Elevated Access Road) will offer direct connectivity between the Western Highway (WEH) and the forecourts of Terminal T2 of the Chhatrapati Shivaji International Airport.

Line 1 of Mumbai Metro covers the entire Andheri East. There is a proposal to integrate Jogeshwari-Kanjumarg metro rail and make it Mumbai’s  second metro corridor. This corridor will connect Eastern and Western parts of the city.

About Developer

Mahindra Lifespaces is a part of Mahindra Group specializing in real estate development. Mr. Anita Arjundas is the MD and CEO of this group. The main aim of this group is to transform urban landscapes by developing sustainable communities. Mahindra Group is the first developer to develop green homes and is the first company to receive the honour of Platinum rated green home certificate of IGBC.

The group has developed Mahindra World City, a well-planned  business city spread across 1,861.554 hectares in Jaipur and Chennai. Mahindra World City, Chennai is the first integrated business city of India and also the first operational Special Economic Zone.

Price Comparison

Comparatives – Jan-Mar 2016

Highest Locality Price: Rs. 20,674 per Sq-ft

Average Locality Price: Rs. 17,030 per sq.ft.

Lowest Locality Price: Rs. 13, 385 per sq.ft.

Mahindra Lifespaces Vivante has priced it’s 1BHK and 3BHK units at Rs. 16,000 per sq.ft. While the 2BHK unit at Rs. 16,300 per sq.ft. The average property price in Adheri East is Rs. 17,030 per sq.ft.

Lodha Eternis, Satellite Group Glory and Sayla Realty Group’s Callista are some other residential projects available in this locality. Lodha Eternis has priced it’s unit at Rs. 19,960 per sq ft. Sayla Realty Group’s Callista and  Satellite Group Glory priced their units at Rs 18,000 and  Rs 18,500, respectively. Thus, Vivante stands out for its pricing which is lower than other similar residential ventures in the area.

Overall Recommendations

All who are planning to own an address in the heart of Andheri East, on a budget, Vivante by Mahindra Lifespaces is an excellent choice.