Codename Milestone Palava

Dombivli, Thane

About Codename Milestone Palava

• A City not a Township: Palava is India’s first privately planned city. The city will be spread over 4,500+ acres, equivalent to 25% of the Island City of Mumbai. By 2025, the city will be home to 80,000 families. In terms of scale of the vision, no other privately planned development comes close to what we are in the process of creating.
• Neighbourhood living: The city is planned with the objective of bringing all key lifestyle elements within easy walking distance of 5/10/15 minutes from your residence.
• 5 minute walk: Everyday shopping, public transport options, playgrounds and greens.
• 10 minute walk: Schools, medical facilities, places of worship and clubhouses with multiple recreational facilities.
• 20 minute walk: A world class sports complex, a prestigious university, central parks and work places.

In the last 1 year

• Palava becomes a WiFi city – sees 7x increase in usage from Sept 2015 to March 2016
• Smart card rolled out to almost all 5000 families residing at Palava
• Hyperlocal services launched on My Palava mobile app with Rentomojo, BookMyBai, Housejoy, Urban Clap. Others in the pipeline
• Roll-out to get to 24x7 power done – backup DGs in every cluster
• Over 450 security cameras installed with 24x7 monitoring
• Better air quality in Palava as compared to Mumbai due to 25% green spaces and focus on shuttle bus transport.
• Events and workshops organized by PCMA and citizens keep the city buzzing. Mall set to open shortly.

Promises well kept

• 17,620+ Homes Completed Till Date
• 10,800+ Homes Handed Over Till Date
• 5,942 Homes Delivered in Fy1516
• Average Csat Score Of 4.5/5.0
• Scale + Quality = An Unparalleled Achievement
• Key City Amenities – Rio Clubhouse (43,000 sft), Cricket Ground with massive stands, Pawar Public School, Ganesha Temple in Rio Gold, Amphitheatre delivered!

The City Life

• Unique city brand properties ‘Palava Tarang’ (India’s finest artists performed for over 1,500 visitors )
• ‘Palava Corporate Challenge’ (32 corporate teams participate for the first time) launched successfully
• Palava Times and Buzz  newsletter received great response and positivity from customers
• City Bus for special Palava tour : coming in May

• India’s best school, a grand neigbourhood clubhouse, a majestic sports centre, Palava centre for Arts & Culture, children’s museum, and much more on offer
• Register a residence at 5% only
• Buy your residence with the easiest and most relaxed payment schedule

The Biggest Investment Hotspot

Infrastructure upgrades expected to boost the development and prices in the region in the immediate future:

• At the centre of the economic triangle of Navi Mumbai, Thane & Kalyan
• 60 minutes away from South Mumbai via Eastern Freeway
• Airoli-Palava commute to reduce to 10 minutes via new tunnel
• Nearby stations include Dombivili, Vashi and Diva (Vasai-Panvel Line)
• Upgradation of Diva station to prime junction in central line and approved new line to Navi Mumbai (Kalwa – Airoli)
• Metro junction 8 km south of the city for connectivity to the new International airport and Panvel
• Within 20 minutes of the upcoming international airport
• Upcoming 450 acre MMRDA growth centre in the Palava region
• 20 minutes from commercial hub of Thane-Belapur
• Planned expansion of roads leading to Vashi and Kalyan
• 25 km long elevated road planned between Kalyan and Bhiwandi

Highest return on investment in last 1 year in the micro-market

Capital Appreciation Trends

• Palava - 16%
• Taloja - 8%
• Airoli - 6%
• Kharghar - 5%
• GB Road, Thane - 4%