Kalpataru, one of India's leading real estate developers, has recently acquired the rights to redevelop the esteemed Yoganand Co-Operative Housing Society located in Mumbai's bustling Borivali suburb. This ambitious project spans nearly 6 acres and aims to transform the existing housing society into a modern residential haven. With an investment exceeding Rs 700 crore, Kalpataru intends to develop over 7 lakh square feet of luxurious living spaces.
The redevelopment of the Yoganand Co-Operative Housing Society is anticipated to take three to four years to complete. Currently, the society accommodates approximately 400 residents within 11 buildings comprising a ground floor and three upper floors. The existing buildings feature a total of 400 apartments, each spanning a carpet area of 390 square feet. As part of the redevelopment plan, Kalpataru will provide residents with new apartments boasting a generous area of 603 square feet. This significant increase in living space aims to enhance the comfort and overall quality of life for the existing residents.
Superb Connectivity and Location
The prime location of the redevelopment project in Borivali suburb offers residents excellent connectivity and access to key amenities. The area is conveniently linked to the Borivali West Metro Station, New Link Road, and Borivali Railway Station, ensuring seamless transportation options for daily commuting. Moreover, its strategic location provides quick accessibility to neighboring prime locations such as Kandivali, Malad, and Dahisar. Residents will benefit from the proximity to renowned educational institutions, esteemed colleges, top-tier healthcare facilities, and various other social infrastructure amenities.
Luxurious Living Spaces and Amenities
Kalpataru's redevelopment project aims to redefine urban living by providing residents with modern, thoughtfully designed homes. The new apartments will offer an expanded area of 603 square feet, ensuring ample space for families to thrive. The residences will incorporate contemporary architecture, high-quality construction materials, and meticulous attention to detail. The project will feature a range of amenities catering to the diverse needs and preferences of the residents. These amenities may include landscaped gardens, a fully equipped fitness center, swimming pool, clubhouse, dedicated play areas for children, jogging tracks, and ample parking facilities.
Sustainable and Green Initiatives
Kalpataru has consistently demonstrated its commitment to sustainable development. The redevelopment project in Borivali will incorporate eco-friendly features and green initiatives to minimize its ecological footprint. These measures may include rainwater harvesting systems, energy-efficient lighting, solar panels, waste management systems, and lush green spaces. By embracing sustainability, the project aims to create a harmonious balance between modern living and environmental preservation.
Positive Impact on the Local Economy
The redevelopment of the Yoganand Co-Operative Housing Society will not only enhance the living standards of its residents but also contribute significantly to the local economy. The project's multi-million-rupee investment will generate employment opportunities during the construction phase and subsequent operation and maintenance of the residential complex. Local businesses, shops, and service providers are also expected to benefit from the increased footfall and demand for goods and services created by the project, leading to economic growth in the region.
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