Mundhwa, Pune
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Company owned, ready to transfer.
A plot of 8.07 acres, Google Pin: HERE
been done by the present LL. With all labor NOCs obtained. No EWS is applicable in this case.
The title and the possession of this plot have been with the LL for more than 100 years.
With the old plan sanctioned & challans paid up to 50% of the value has already been paid by the present LL.
There are two 11-story buildings with RCC already done, which exists on site as of today, which have to be demolished to utilize the full potential of the plot.
As per old sanction plans the FSI statement was close to 1.40 lakh sft. Now with the new UDCPR norms, 17.00 to 18.00 lakh sft FSI can be claimed.
A 6-meter strip close to 10,000 sft of land adjoining the 36-meter proposed DP road from the right side of the plot will be going into road widening as per the 2017 DP plan and some area from the front of the plot abutting the service road will also be going in road widening, still need to confirm the exact area for the same.
The plot has a parking reservation space close to 20,000 sft approx.
With a proposed 12-meter internal road as a part of the access to the larger campus development for the present LL.
With the old sanctioning, 5% of open space has been considered at the moment.
Clear title. The owner's price expectation is Rs.365 crores (Slightly negotiable).
Payment terms, time schedule of max 2 to 3 months, 20% - 30% stock options, and other vital details can be discussed in the meeting post-shortlisting.
An expression of interest needs to be given before meeting the Owners.
Once principally approved, we shall share further details & face-to-face meeting with the Owner can be arranged accordingly.
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