- Sells 200+ units of Mulund project during the launch itself, achieves revenue of 300 crore
- Sells 70+ units of the Kandivali project within 7 days of pre-launch with a revenue of 120 crore
Mumbai, 4th March 2020: The Wadhwa Group, one of India’s leading real estate development companies and a prominent realty player in Mumbai, have clocked record sales for its newly launched projects Atmosphere O2 in Mulund and TW Gardens in Kandivali. Both the projects have received a massive response with as many as 200+ units sold during the launch of the Mulund project and 70+ units sold within 7 days of the pre-launch phase of the Kandivali project; accounting to revenues worth Rs. 300 crore & Rs. 120 crore respectively. The projects have emerged as the preferred choice for buyers who consider connectivity, convenience, healthy living and reputation of the developer to be an important factor for buying a property.
According to recent studies, home buyers prefer organised players having good track record of execution. The robust sales and increased new launches by top players are only likely to grow in the upcoming quarters, especially since homebuyers are now more skewed towards leading developers who assure them timely project delivery and quality construction.
Commenting on the success factors, Mr. Navin Makhija, Managing Director, The Wadhwa Group says, “We are extremely thrilled by the stupendous response received for our new project launches in Mulund and Kandivali. The success of these projects is the affirmation of the fact that good projects by trusted developers are doing well. The credibility of developers, quality of construction, design and planning of the project, infrastructure support and timely delivery are paramount. Hence, demand for leading brands is sustainable, even when momentum seems low line.”
Spread across 4.72 acres, the project Atmosphere O2 at Mulund West in association with Man Infra Construction Limited & The Chandak Group boasts of 2, 2.5 and 3 BHK residences with mesmerizing views of the Thane creek. This landmark is aimed at offering the ‘Best of both worlds’ – be it work life balance, be it seamless connectivity with all necessary conveniences in the vicinity, or a quality home with the best lifestyle amenities, this project is strategically located on GMLR and meticulously designed to offer it all.
The project TW Gardens at Kandivali in association with Thakur Group is spread across ~2 acres that will comprise of spacious 2 and 3 bed residences with carpet areas starting from approx. 680sq. ft.to 1130sq.ft. It will not only feature one of the tallest towers in Kandivali that is expected upto 39 storeys with retail space but will also provide breathtaking views of the lush green Sanjay Gandhi National Park which is spread across 25,000 acres. The project is strategically located in Thakur Village offering excellent connectivity to leisure options and business hubs.
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