About Hiranandani Regent Hill, Powai:
PROJECT MAHARERA No. P51800018620.
About Regent Hill: Regent Hill is a newly launched real estate project in Powai, Mumbai, India. The project is exclusively designed and consists of 1 BHK semi furnished flats/ apartments in Powai at Hiranandani Gardens. The project is being developed by one of the India's most renowned and reputed developers, Hiranandani under the promoter name HGP Community Pvt. Ltd.
Amenities: The projects is spread across 5 wings i.e. A, B, C, D & E which will consist of basement plus stilt plus upper floors for parking and and amenities and will thereafter consist of residential building from third to 23rd Floor. There will be amenities self contained in the project like, adult swimming pool, Children's swimming pool, club house, gymnasium, curated garden, senior citizen sitting area, children's playing area, multipurpose courts, cricket pitch etc. The internal amenities consists of curtains, air conditioners fitted in living, dining & bedrooms, marble finish large tiles flooring, the kitchen will be furnished with modular furniture, trolleys and will be fully fitted with white goods like refrigerator, washing machine, gas hob, chimney etc., the bathroom with will be fitted with quality c.p. fittings like, mirror, heater, exhaust & vanity unit etc.
End Use & Investment Proposition: The project is absolutely free from legal encumbrances and the title of the project is absolutely clear, which makes it more of end use as well as investment proposition. The rental yeild's at Hiranandani Gardens, Powai for a 1 BHK goes upto 5% & more p.a. as per estimates, this is the return from existing property without self contained amenities, which is way above the market norms and 30% more than residential buildings just outside Hiranandani Gardens, Powai. With large corporate, blue chip and IT companies having their offices at Hiranandani Gardens in and around, there is an inherent demand for large and small residential properties for sale and rentals in the locality. Powai has also become the start up hot-spot, IIT Powai being in the vicinity also helps young and aspiring graduates, expats, bankers, IT professional to stay in world class township like Hiranandani Gardens, Powai even if they need to shell little extra bucks for the exuberant lifestyle. So either if you are looking to invest or buy it for an end use, this is the place where you should invest.
Developer Subvention/ Interest Capping: The promotional launch price of the project is very attractive & all inclusive, i.e inclusive of Flat cost, One Covered Car Parking, Govt. Charges like, Stamp Duty, Registration, Technical & Legal Fee, Society Formation charges, Club House Charges, Corpus Fund and Months of Maintenance. The developer is also offering 20:80 schemes at additional cost, where you can pay 20% of the agreement value as down payment now, pay G.S.T. and stamp duty and pay the balance 80% upon possession. So, if you are looking to buy a property on bank loan, you can actually go for builder subvention plan and avail loan on possession to avoid monthly EMI for interest till possession. You may go for home loans after the physical possession of the property with Occupancy Certificate. Although Hiranandani is committed to deliver you projects before time, such scheme will help you safeguard your interest burden till the possession of the property. Till then you may also accumulate wealth through F.D.'s, sale of existing property, which enables you to pay more towards down payments and self contribution towards property and take lesser loans.
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