The project is called Nex-Boulevard and is a joint venture.
Situated around 100 km from Navi Mumbai, the sleepy town of Karjat has been attracting many real estate developers for developing residential as well as commercial projects. With the satellite city being exploited to the core, the developers have been eyeing the serene surroundings of Karjat and joining the bandwagon is SRS Xanthic Infra Projects. The company, a joint venture of SRS Group and Xanthic International Pvt Ltd, has announced a villa project called Nex-Boulevard.
Stating that Karjat has slowly but steadily emerged as the next best realty destination in the Mumbai Metropolitan Region (MMR), chairman and managing director of SRS Group, Dr Anil Jindal said that the town has been attracting the real estate developers as also the investors due to affordability in realty prices.
“Besides, the town is also very near to the proposed Navi Mumbai International Airport (NMIA), the work of which is on in full swing.
Also, the green surroundings and open spaces available in the town are the main USPs for any developer planning to come up with a project in the area,” Jindal said while addressing media persons at Vashi on Friday.
“Apart from this, the state-of-the-art infrastructure being developed in Karjat is the reason for which we chose the city to launch the first project of the joint venture,” Jindal said. Explaining the details of the project which will come up on a land measuring 15 acre situated just 2.5 km from Karjat railway station, Jindal said it will have 120 villas of three different types that include 2,250 sq feet, 3,200 sq feet and 4,500 sq feet categorised into Type I, II and III respectively.
“While the Type I villas will cost Rs1.5 crore, Type II and III villas will be sold at a price of Rs2 crore and Rs2.5 crore respectively,” he added.
Ajay Tyagi, the managing director of Xanthic International said that all the necessary clearances from the local self government body as well as the state government has been taken, the joint venture company is also planning to come up with some housing projects in Kharghar that will be meant for the lower income group families.
Explaining the USP of the project, the dignitaries said that the entire complex stands up with a water stream facility with underground sewage and Wi-Fi facility apart from a sewage treatment plant of its own.
“The design, infrastructure, layout, material used, landscape, besides the beautiful enclosure of greenery will make it the most sought after project,” they said and added that while the booking for the project has already commenced, the company plans to give the possession of the villas within two years.
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