In Mumbai's West Vikhroli, Metro Enterprises has opened a brand-new residential development called Crown. The project's single tower houses 1 and 2 bedroom apartments. The project is located in the Central Mumbai Suburbs adjacent to a number of schools, hospitals, banks, and offices. Here is a comprehensive project file that includes information on the project's site location, RERA specifics, cost, and types of properties.

Real estate developer Metro Enterprises is situated in Mulund, Mumbai. The company, a newcomer to the Mumbai real estate market, has successfully completed the Metro Apartment residential development in Taloja, Navi Mumbai. The group has now introduced Metro Crown, a new housing development in Vikhroli. Read on to learn more about the site's location, price information, RERA status, amenities, and projected completion date.

Details of the Metro Crown project

In West Vikhroli, Mumbai, Metro Crown is a mid-segment residential development on the LBS Road. 42 apartments in the property are available in 1 and 2 bedroom layouts. After gaining permission from Maharashtra RERA under filing number P51800047023, the project was officially launched in October 2022. It should be in your hands by December 2027.

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Metro Crown: Real estate options

The carpet space of the 1 and 2 BHK home apartments at Metro Crown ranges from 372 square feet to 552 square feet. The types Metro Pearl, Metra Emerald, and Metro Jems are used to identify each unit size. The name of the unit, its arrangement, and the carpet area are shown in the table below.

Property options in Metro Crown project

Unit name

Configuration

Carpet area

Balcony

Metro Pearl

1 BHK

372 sq ft

No

Metro Emerald

1 BHK

386 sq ft

Yes

Metro Jems

2 BHK

552 sq ft

Yes

Metro Crown: Information on cost

A 1 BHK flat at Metro Crown starts at Rs. 1.01 crore, while 2 BHK apartments cost Rs. 1.56 crore and above. The purchasers must additionally pay municipal taxes, stamp duty, and GST. Before taking ownership, you must additionally pay maintenance fees and preferred location costs (PLC).

The building of the project is funded by Bajaj Finserv. Additionally, prospective purchasers can apply for house loans from reputable financial institutions like ICICI, HDFC, and PNB Housing. Buyers should confirm the most recent payment information with the developer because the most recent price and discounts depend on the inventory situation and the developer's discretion.

Metro Crown: Project amenities

Some of the highlights of the Metro Crown project–

·         A clubhouse and terrace garden

·         RCC frame structure, double height lobby, and designer main door

·         Concealed plumbing with hot and cold water facility

·         Acrylic paint on exterior walls

·         Covered car parking

·         Gated community

·         24x7 security

·         Power backup

Exterior and interior of the Metro Crown

High-speed lifts and a double-height entry lobby are features of the project. The RCC frame construction provides you and your family with more protection and is resistant to earthquakes.

The apartment's interior continues to pay attention to detail with concealed plumbing and branded C.P. fixtures. The rooms have granite or vitrified tile floors. Modular switches are also included in every room for comfort and energy economy.

The bathrooms include the newest bath fittings and ceramic tile flooring that extends to the height of the doors. The kitchen has a granite work surface and a stainless steel washbasin. The walls of the kitchen are covered in ceramic tiles all the way up to the door height, allowing for a sanitary and simple-to-maintain cooking area.

Mumbai's Metro Crown: Benefit of its location

An emerging neighbourhood in the Central Mumbai Suburbs is called West Vikhroli. It has several business constructions as well as multi-story residential buildings. Due to its close proximity to job areas and convenient access to other sections of the city, the region is becoming more and more well-liked. It is also close to well-known residential and business districts like Powai and Ghatkopar.

Vikhroli, Mumbai: Connectivity

The LBS Road, one of the city's main arterial routes connecting it to Thane in the north and Sion in the south, is not far from the suburb. The following additional connection options are reachable via Metro Crown:

·         Eastern Express Highway (4 km away)

·         Bandra Kurla Complex (9 km away)

·         Andheri and Marol industrial estates (Around 8 km away)

·         Chhatrapati Shivaji Maharaj International Airport (8 km away via LBS Road)

·         Vikhroli Railway Station (Around 5 km away)

·         Ghatkopar Metro Station (3 km away)

Mumbai's Vikhroli: Nearby social services for Metro Crown

Mumbai's West Vikhroli is a growing neighbourhood with bettering social amenities. Local markets and convenience stores in the area provide a variety of food and home goods for people' everyday needs. Additionally nearby are medical facilities that serve the community's medical requirements. Following are a few of the social amenities in and around the area:

Social conveniences near Metro Crown, West Vikhroli

Educational institutions

Hospitals

Recreational hubs

St. Joseph's High School

Aastha Hospital

Galleria Mall

Maharashtra National Law University

Samarth Hospital

Powai Plaza

Powai English High School

Ruby Hospital

Ambrosia Garden

Kalpavruksha School

Maternity Hospital

Snow Kingdom

Mumbai's Vikhroli: a review of the area

West Vikhroli a 4.2-star rating out of five. Additionally, the area was praised for having "easy access to markets," "uninterrupted power supply," and "metro connectivity." However, the locals' two main worries are the frequent parking challenges and the scarcity of public parks.

"Vikhroli has access to reliable public transport," It has excellent access to the job areas in South Mumbai, Navi Mumbai, and Mulund. Major transit hubs in the city are covered by public transport choices including BEST. Another easy transit choice is Ghatkopar Station's metro link. Additionally, private cab services like OLA and Uber are easily accessible.

Mumbai's Vikhroli: Potential for investment

Property prices in West Vikhroli have increased by about 25% during the last five years. Property prices in West Vikhroli are now hovering around Rs 25,200 per square foot, Because of the anticipated developments in the region, it is anticipated that the growth trend will continue to be good.

Due to its closeness to prestigious business centres like Bandra Kurla Complex, Powai, and Andheri, the suburb has a respectable rental demand. The typical rent for a 1 BHK flat in West Vikhroli is roughly Rs 25,000, and tenants choose these types of accommodations.

The Swami Samarth Nagar - Vikhroli corridor's Pink Line 6's forthcoming JVLR Metro Station would ease traffic on the suburban rail system. Additionally, the proposed Jogeshwari-Vikhroli Link Road enlargement would lessen traffic jams during peak commuting times. The proposed bridge connecting the Eastern Express Highway and LBS Marg would improve intracity connectivity on the highway infrastructure front.

In conclusion, West Vikhroli in Mumbai has solid growth potential. However, prospective homeowners must research the local real estate market and make several site inspections before making a purchase.

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