ONE-38: A MahaRERA Registered Project in Mumbai's TARDEO AC MARKET

ONE-38: A MahaRERA Registered Project in Mumbai's TARDEO AC MARKET
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Overview

ONE-38 is an upcoming MahaRERA registered project being built at TARDEO AC MARKET, Mumbai Suburban. It is being developed by BILAWAL EXPORTS PVT LTD and has been approved by the MAhaRERA under the RERA ID P51900047623. The project is expected to be completed by 30/06/2026.

Location Insights:-

Mumbai is a vibrant and cosmopolitan city with a rich history and culture. It is located on the west coast of India and is the financial and entertainment capital of the country. The city is known for its iconic landmarks and attractions, including the Gateway of India, the Chhatrapati Shivaji Terminus, and the Haji Ali Dargah. It is also home to several museums, galleries, and other cultural institutions, as well as a thriving film industry, often referred to as "Bollywood." The city is known for its vibrant nightlife, diverse cuisine, and vibrant atmosphere.

As one of the largest and most populous cities in the world, Mumbai can be an expensive place to live. However, it is also a hub of economic activity and is home to several major corporations and businesses, making it a great place for professionals to find jobs and build their careers. The city has a well-developed public transportation system, including buses, trains, and ferries, and its infrastructure is constantly being improved. In terms of housing, Mumbai offers a range of options, from luxury high-rise apartments to more affordable RERA approved projects.

Promoters Details:-

BILAWAL EXPORTS PVT LTD is promoting ONE-38, with GURMEET BAWA and RHEA BAWA as the directors of the firm.

Technical details:

The plot bearing no/survey number of the ONE-38 development is 732. The east boundary of the project faces CS 732 AND TARDEO ROAD, the west boundary faces By CS 782, the south boundary faces By TARDEO ROAD, and the north boundary faces Road towards By CS 732.

The developers have received approval for one wing with a total sanctioned FSI of 2704.75 sqmts. There is no provison for recreational open space as per the sanctioned plan.

The Municipal Corporation of Greater Mumbai (MCGM) has authorized the project.

Building details of the project:-

It is a single residential building being built on a total plot area of 920 square meters with 17 floors. The structure of the building includes one basement, one stilt, and one plinth. The developer has proposed 65 covered parking spots for its residents.

This RERA approved project offers 2BHK and 3BHK units with varying carpet areas. The 2BHK units have carpet sizes ranging from 82.65 to 85.47 square meters, while the 3BHK units have a carpet size of 97.36 square meters.

Detailed information about the units:-

Sr.No. Apartment Type Carpet Area (in Sqmts) Number of Apartment Total
1 2BHK 85.47 13 1111.11
2 2BHK 84.57 12 1014.84
3 2BHK 82.65 12 991.8
4 3BHK 97.36 1 97.36

Facilities and amenities:-

It includes common areas and facilities such as internal roads and footpaths, water conservation and rainwater harvesting, fire protection and fire safety requirements, electrical meter room, sub-station, and receiving station, entrance foyer, fitness center or gym, multipurpose hall, plunge pool, security cabin, service area, society office, terrace landscaping, water supply, sewerage, storm water drains, and treatment and disposal of sewage and sullage water.

Experts working on the project:-

ROHINI PARSEKAR the architect, ALPESH GANDHI the engineer, and NORO AND CO the Chartered Accountant firm are the experts currently working on the Sethia Marine View project.

Litigation Details:-

As per MahaRERA, there are currently no lawsuits against the One 38 project.

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RERA stands for Real Estate Regulatory Authority and is the Government body for regulating Real Estate Developers and Agents (Brokers) It came into existence in 2016 and aims to protect the interest of property buyers. Every under-construction property must obtain RERA certificate and disclose a completion date before selling units to property buyers/investors. In India, each state has its own laws governing real estate. MahaRERA is the regulatory body for Maharashtra (Maharashtra Real Estate Regulation & Development Authority)

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