• 18th Apr 2018
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Oberoi Sky City at Borivali East - A legendary landmark in the making

Oberoi Sky City at Borivali East - A legendary landmark in the making

Oberoi Sky City at Borivali East - A legendary landmark in the making


When it comes to buying choice for apartments in Borivali, there are broadly 2 areas of choice for people i.e. Borivali East and Borivali West. The winner in 60% of the cases is Borivali West. The reason being well developed Residential Clusters in Borivali West with almost minimal slum is a major draw.

Borivali East is plagued with Slums in areas like Rajendra Nagar, Devipada, Part areas of Magathane, area between Magathane and Thakur Village on Western Express Highway and Kajupada. Secondly, there are very few well developed Residential Clusters in Borivali East namely Carter Road Nos 1 to 9, Daulat Nagar, Siddharth Nagar, Partly Dattapada Road area, Kulupwadi, Area till Nensey Colony Bus Depot to name a few.

The recent upcoming project of Oberoi Sky City will change the face of Borivali East completely. Its on a land parcel of 25acres bought in an auction from Tata Steel in 2014. The overall value paid by Oberoi Realty for the land parcel is 1155crores. To count on the Residential development on such big land parcel in Borivali Area is rare and countable on your fingers. The other project is CCI Rivali Park which is the first project of Cable Corporation of India in Mumbai. CCI Rivali Park is spread across 22acres of freehold land.

The concept of Integrated Enclave is difficult in Mumbai considering the high land prices, construction costs, approval timelines, slow absorption rates in residential market of Mumbai hinders developers from taking such big projects. Oberoi Sky City will be landmark development of Oberoi Realty in Mumbai separating the Men from the Boy's. It will have 8 towers from A to H out of which currently A to D are MahaRera Registered and open for Sale. The four towers will be 64 floor tall comprising of 8 Podiums. The contractor is Larsen & Toubro or L&T. Proposed Magathane Metro Station on Dahisar East - Andheri East Metro Route will be next to the Project. It enjoys an excellent location in Borivali East bang on Western Express Highway and 1km from Borivali Railway Station. Anyone who wants to travel across the city or outstation will have the most favourable location in terms of connectivity.

The project has 3BHK and 3BHK plus Studio apartments. It will have uninterrupted views of Sanjay Gandhi National Park and the city. The carpet area range will be from 1034sqft to 1346sqft. The sample flats of 3BHK and 3BHK + Studio are ready at the site for inspection. This will be Borivali's first Integrated Enclave to live in. It has plans for a Hotel within the Integrated Enclave which is visible in the Master Plan of the Project. Amenities in Oberoi Sky City include the below :
1. Landscaped Gardens
2. Children's Play Area
3. Jogging Track
4. Squash Court
5. Tennis Court
6. Entrance Lobby with High Ceiling
7. CCTV in Select Common Areas
8. Badminton Court
9. Skating Rink
10. Swimming Pool
11. Kids Pool
12. Aqua Gym
13. Gymnasium
14. Steam Room
15. Yoga/Meditation Room
16. Multipurpose Hall
17. Indoor Games Area
18. Billiards/Pool
19. Cricket Net
20. Rock Climbing
21. High Speed Elevators
22. Back Up Generator for Emergency Power
23. Launderette*
24. Convenience Store*
25. Day Care Centre*
26. Doctor's Room/First Aid*
27. Salon*
28. Cafe*

(*Space will be provided : Amenities to be run by third party on Chargeable basis)

In simple words, Oberoi Sky City will become Synonymous with Borivali East. You can expect the four towers to be completed by December 2022 as per MahaRera. They will be the standout towers in the Skyline of Borivali. Once you enter the complex, you will have a different feel altogether. A different world from the one which you just left.

The other famous developments of Oberoi Realty in the vicinity include Oberoi Park View and Oberoi Gardens in Thakur Village, Kandivali East.



Please note that Oberoi Sky City is an Under-Construction Project mentioned in the above article and is MahaRera Registered with Number P51800003582. The details can be found on MahaRera Website : https://maharera.mahaonline.gov.in/


Tejas

An MBA in Marketing from Alliance University Bangalore, Tejas also has a 2 year hands on experience in Real Estate Residential Sales across affordable, luxury and premium segments. His stint with a leading Real Estate De... read more

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