Oshiwara has lately become one of the hot micro-market in Western suburbs of Mumbai Region. This is one micro-market where real estate dynamics have changed for better over last few years. Oshiwara is a perfect example of how unheard locations can arrive on the realty map. In the last few years, this area has emerged both as residential as well as corporate destination. With the blend of high-end residential project, commercial and retail projects, entertainment, food and educational institutes, Oshiwara has become one of the most promising destination for investment in western suburbs.
Oshiwara is being developed along the lines of a well-planned hub that will decongest the nearby suburbs while simultaneously boosting the demand for the residential and commercial spaces. This can be viewed as an initial indicator of market enthusiasm for the newest real estate micro-market in Mumbai.

About Location
Oshiwara is tugged between Goregaon and Andheri and due to its strategical location, it enjoys the centrality of western Suburbs. It has a good connectivity to arterial roads such as S.V. Road, Link Road & Western Express Highway. People from across Mumbai travel to Oshiwara/Lokhandwala each day for work, education, and entertainment. Oshiwara is renowned as a TV media district which operates several production houses in its vicinity and it also has offices of several banking and IT giants, like HSBC, Morgan Stanley, among others, further turning Oshiwara into an affluent and convenient residential option. It also enjoys proximity to nearby business hubs such as BKC, Powai, Goregaon and Malad.
With some of top educational institutes, hospitals and malls in the neighbourhood like, JBCN International School, Vibgyor High School, Oriental College of Commerce and Management and Bhavans College, Kokilaben Dhirubhai Ambani Hospital, Infinity mall & Oberoi Mall has made Oshiwara an emerging hotspot.

Oshiwara is poised to reap the benefits of completed and under developing infrastructure projects:

Completed infrastructure projects:
JVLR Flyover (Bala Saheb Thackeray Flyover): The JVLR flyover has reduced the congestion to reach SV road from W.E.H. if you want to reach Oshiwara from South Mumbai.
Mrinal Tai Gore Flyover: Currently, the Mrinal Tai Gore Flyover connects S.V. Road to W.E.H. and the travel time to reach W.E.H. from west to reach various parts of Mumbai has drastically reduced. The Flyover would further extend till Relief road connecting Link Road.
Ram Mandir Railway Station: The Ram Mandir Railway Station has provided dedicated mass-transit connections with the western & harbour lines of the Mumbai Suburban railway system and boost connections with south and central Mumbai.

Developing infrastructure Projects:
D.N. Nagar – Dahisar Metro Line: This will help reducing the major congestion on the Link road and S.V. Road making convenient for people to reach Oshiwara at minimum time.
Coastal Road: The Upcoming Coastal Route which will connect Charkop, Borivali to Nariman Point. The travel time would be drastically reduced for people commuting to reach both the south and north corners of Mumbai from Oshiwara.

ODC (Oshiwara District Centre)
The formation of the BKC district centre took place in the last decade and the potential to provide further office spaces has exhausted. The next step for MMRDA was to set-up the next district centre towards north. Therefore, MMRDA planned Oshiwara as a next district centre as it had all the aspects to form a successful district centre. It is a planned development and an emerging growth centre, commercially as well as residentially.

Project Oshi
The name of the project Oshi is inspired from the location Oshiwara as it is in the heart of Oshiwara. The upcoming metro station and Oshiwara Bus depot is just a walking distance from the project. Oshi provides high-quality construction with comfort and lifestyle-driven amenities and a strategic location along with great connectivity. Oshi is your home of choice when you’re looking for quality and value. Oshi is designed not only to lift your lifestyle, it would suit your budget too.

Maha RERA Registration No. P51800002965 | https://maharera.mahaonline.gov.in

The Real Estate Regulations Act (RERA) is a consumer-centric law introduced to protect the interests of property buyers in India. The Act sets up a legal framework, interprets obligations of developers and imposes penalties in instances of unfulfillment. Since its implementation in 2016, the Act has brought about the much-needed accountability and transparency in realty-related transactions.

In the blog, we list five advantages for property owners following the enactment of RERA:

1 Uniformity in Carpet Area Calculation

The value of a property is calculated by multiplying the net usable floor area of a property, known as the carpet area, with the prevalent per sq. ft. price. In the past, there was much ambiguity relating to carpet area calculation since developers approached it in multiple ways. The RERA Act addressed this problem by defining a clear method of calculation for this important parameter.

2 Reduced Risk of Project Insolvency

As per the RERA Rules, builders are liable to deposit 70 percent of the amount realised for a project into separate bank accounts. Amount from this account can be withdrawn only for specific project-related purposes. This rule goes a long way in ensuring the timely completion of projects and the quality of construction. Further, the RERA Act empowers realty buyers with the right to information – entitling them to all information about the project at any time during pre-possession stage.

3 Protection of Buyers’ Rights

The RERA provides to protect buyers’ interests and rights in wide range of situations of default by developers. For instance, buyers are entitled to full refund if the developers make false promises at the time of selling the project or if the latter fails to deliver the project on time. Any defect in the title of the property can also lead the buyers to claim compensation from builders. This defect is not time restricted.

4 Ensuring Quality of Projects Delivered

Structural defects or any flaws in the quality of construction, workmanship, or provision of service, noticed within the first five years of possession, should be rectified by the developer within 30 days without any additional charges. If the builders fail to do so, buyers can claim compensation from them.

5 Establishment of Grievance Redressal Committee

The RERA also has the power to redress all grievances that property buyers may face with the developers. Consumers who are unhappy with the proposed resolutions can also move to the Appellate Tribunal, which will redress their grievances in a span of 60 days.

Indeed, the RERA Act has empowered Indian realty buyers in an unprecedented manner. It has brought forth a paradigm shift in the approach to property dealing in India.

According to 2010 Census Data, 62% of Mumbai’s population resides in slums. These slums, a large part of which are illegally constructed, are characterised by their unplanned structuring and limited access to basic facilities such as water, health services and sanitation. Given that a majority of the city’s population dwells in these, it is imperative for the government to step in and improve their conditions.

Keeping with this agenda, the Government of Maharashtra has undertaken various steps to integrate slum dwellers with the mainstream population. The Maharashtra Slum Areas (Improvement. Clearance and Redevelopment) Act, 1971 was the first step towards this objective. In the following decade, the government introduced a scheme called Slum Upgradation Programme, in conjunction with the World Bank. In 1995, the government created the Slum Rehabilitation Authority (SRA).

The government’s ambitious ‘Pradhan Mantri Awas Yojna’ is an important step towards ensuring affordable housing solutions for slum-dwellers. The scheme aims to provide housing for all Indians by 2022 with basic amenities such as sanitation, access to drinking water, etc. in place.

Listed below are the notable developments in this direction:

1 ‘In Situ’ Slum Redevelopment Scheme

An important aspect of the PMAY is the ‘‘in-situ’ slum redevelopment scheme. This is an innovative concept that uses land as a resource and allows incentive floor space index (FSI) in the form of tenements for sale in the open market. As per this regulation, slums redevelopment contracts will be awarded to private builders through an open bidding process. The private developers will use land as a resource to construct new houses for the slum dwellers on part of the land awarded to them. The rest of the land will be used to construct new buildings by the building company.

However, any slum redevelopment under this scheme requires consent from 70% of slum dwellers. As per the latest statistics available, 1524 slum redevelopment projects have been allotted in Mumbai. Of these 197 have been successfully completed while the rest are at various stages of completion1.

2 Expanding the Scope of Slum Rehabilitation

In November 2017, Chief Minister Devendra Fadnavis proposed modifications to the 1971 law that would make all slum dwellers in Mumbai be eligible for rehabilitation. Currently, only the residents dwelling in slum units that existed before 1 January 2000 are entitled to rehabilitation under the slum redevelopment policy. However, the Chief Minister has proposed that those in the post-2000 dwelling would not be entitled to a free house unlike the pre-2000 counterparts. The former will have to pay the construction house of their rehabilitated homes.

In another move, the Chief Minister also directed the Brihanmumbai Municipal Corporation (BMC) to make “open lands” in Mumbai available to the Slum Rehabilitation Authority to build transit tenements. This way, the authority will have more space to accommodate the burgeoning population of the city.

3 Housing Rights for Slum Dwellers

1 https://blog.ipleaders.in/slum-rehabilitation-programs-laws-mumbai/#_ftn3

In May 2018, the government outlined its plan to bring the redevelopment of existing slums and Maharashtra Housing and Area Development Authority (MHADA) buildings under the regulations of the Maharashtra Real Estate Regulatory Authority (RERA). The Act will be applicable to ongoing projects as well as new projects. This move will ensure that redevelopment of slums and MHADA colonies will be completed as per the given timelines.

Further, it will protect the rights of the homeowners and boost accountability from builders of rehabilitation projects.

With all these developments, the state government is right on track in giving a new lifeline to Mumbai – one that provides for clean and planned urban living.

Named after the historic city in Italy, Sahyog’s Verona project has an old-world charm to it. Centrally located in the busy area of Oshiwara, a western suburb in Mumbai, the project boasts of state-of-the-art facilities and easy access to public service amenities. Verona creates truly unforgettable experiences by bringing together the best of modern living in the comfort of classic settings.

Indeed, Verona is the name to reckon with in the world of luxurious living.

About Verona

Located amid a lush green landscape, Verona comprises of two artistically designed towers of 35 floors each. Each floor has four units. Strategically located in the heart of a bustling suburb of Mumbai city, Verona residents will have easy access to the best of essential services such education centers, healthcare facilities and entertainment options.

Facilities per Unit @ Verona

Most apartments have been provided with an east-west orientation provisioning ample natural light and cross ventilation. Further, each apartment is provided with vitrified flooring in all rooms. The kitchen is provided with a sandwich marble platform with granite on top. Verona offers thoughtfully designed homes with provisions for essential appliances such as water purifiers, water heaters and exhaust fans. In addition, the kitchen has provision for piped gas connectivity and the dry area has a designated spot for washing machines. The bathrooms include sanitaryware and fittings of international quality.

Modern Amenities @ Verona

The building lobby has an imported marble finishing. Each building has four high speed elevators. The lift lobbies on each floor have vitrified tiles and marble finishing. The building houses a gymnasium on the 18th floor. Additionally, the swimming pool provides for a spectacular view of the Mumbai skyline.

Safety Provisions @ Verona

Strategically placed closed circuit televisions (CCTVs) provide round the clock security to residents. Further, each apartment is provided with the latest security systems including video display phones and intercom facilities. The fire refuge chute provides for easy evacuation from the buildings in case of emergencies.

Connectivity @ Verona

Verona is located near the recently inaugurated Ram Mandir station, which is located between the suburbs of Jogeshwari and Goregaon. In addition, a flyover connecting Oshiwara with Jogeshwari Vikhroli Link Road is under construction.

Project Details

Construction is in full swing and we expect the project to be completed over the next few months. The Maha RERA registration number is P5100003040. For more details about the project, please click here.

Site Address:
Opp. HK Institute of Management Studies & Research, Relief Road, Oshiwara, Ram Mandir West, Mumbai – 400 102.

Mumbai offers several other cities’ property investors ample opportunities to get their dream home. The rapidly changing property valuation and increased demand from property buyers, makes Mumbai a new and fruitful hub for investment.

The essence of Mumbai – The most intrinsic part of Maharashtra and also a place where many popular Bollywood personalities reside. When one thinks of Mumbai, he or she invariably imagines its artistic side. With this abundant treasure of entertainment and fun, it is becoming the fastest- growing and most demanded real estate option for several property hunters across the country.

Growing real estate market – Mumbai’s luxurious and fun-filled life is fascinating and a number of career opportunities allow many to settle here. This is why many come here with a dream to make a career and decide to stay here for a lifetime. Thus, buying own property and making Mumbai an integral part of life has interested many investors to come forward and invest in their real estate market. As such many will find numerous options of apartments for sale in Mumbai, the property value of which is gradually rising.

Living in Oshi – One will experience the ever-so-busy city with huge crowds of enthusiasts and tourists. One can spend their days in a leisurely fashion, either with a soothing afternoon coffee, or spending quality time with friends at some local pizzeria, or rejuvenate one’s senses with a long evening walk along the shore of the sea. Investing in Oshi – a dynamic residential project from Sahyog Homes provides you with a wonderful opportunity to enjoy the services rendered by several popular educational institutions, hospitals, medical facilities, and parks surrounded by nature.

Making a wise decision – Investing in the real estate markets of Mumbai may undisputedly be a profitable venture, however, one is expected to understand several rules and regulations prevailing in Mumbai with respect to buying property. One can do some research and comprehend the real estate laws. Taking help from the experts may be a wise option before making any property deal. Property buying in the city is also subject to few taxes.

Procedure – One will find various types of properties on sale online. Thus, after short- listing and comparing the properties based on personal preferences with regards to the type of house, be it a farm house or penthouse, etc. one may also choose from the luxurious 1&2 BHK apartments to enjoy a lifestyle upgrade that meets all your expectations.

Returns – Buying a property in Mumbai is expected to procure good returns in future. And also provide ample opportunities to connect to the most popular city.

Swanky homes have captured the imagination of the people to a great extent. They are high-quality dwelling units that are created after years of expertise and dedication. One of the most important aspects of the project is the quiet and amazing surrounding of Oshiwara. The greenery is mind-blowing and provides a lifetime opportunity for the people to spend their life in style.

The central part of the city is highly expensive with a plethora of sanitation issues. As against that, the suburbs are away from the pollution-laden environment of the city. It is important to book the flats in advance so that you are able to get the ones that offer a panoramic view of the city. Fresh air goes a long way in maintaining the health of the people. They can also enjoy the walks in the park situated in close vicinity. It will be a boon for the family looking to enjoy the solitude and the world-class lifestyle.

Sit in the posh comforts of the three BHK apartments and relish the big windows as well as artistic doors. They are bound to attract the attention of everyone. Every component of the dwelling unit is customised according to the requirements and the specifications of the customers. As far as the structure of the buildings is concerned, it complies with the latest rules and regulations suggested by the municipality.

Sahyog Homes has impeccable credentials of creating top-class residential apartments for the customers with a constrained budget. There are so many choices for you to get the house within the budgetary constraints in an easy and hassle-free manner.

While constructing the apartments, SAHYOG HOMES ensured that only high-quality homes are offered to the users. They are made from durable materials that can survive adverse usage and natural catastrophe without any hassles.

People will find that all the flats are equipped with modern amenities. The rooms are spacious, with granite counter tops in the kitchen. Fresh air and sunlight easily seep through the room at any time of the day. Therefore, people can enjoy a healthy life. Moreover, there are hospitals are in close vicinity to handle various types of medical emergencies within the shortest possible time frame. In short, booking the apartments with SAHYOG HOMES is dream come true for the people.

Amazing apartments created by Sahyog Homes have captured the imagination of people. They are fully furnished with amazing amenities that are found only in five-star hotels. Numerous windows and doors adorn the homes and provide an airy ambience to the residents. Projects coming up in OSHIWARA are inundated with luxurious accommodation for the homeowners. Each apartment building is serviced with parks and gymnasiums. Fitness freaks will never feel out of place as they can exercise in close vicinity of their homes. They do not have to commute to faraway places in order to stay fit as all the options are available within the premises.

It is bound to go a long way in delivering impeccable results to the residents as far as health and positivity are concerned. The lush-green surroundings of the suburbs ensure that you are never away from nature despite living in state- of- art homes.

Sahyog Homes has taken care of the needs of the people by providing cosy surroundings that are not only pollution free but also provide ample space for the kids to play.

One can vouch for the construction quality of homes as they are better than the best. In addition, the style and theme are unique. Selection of the house depends on the family size and the budgetary constraints of the customers. With real estate prices going south, it is the best time for the middle- income group to purchase a flat. They would get the best opportunity to live in top class suburbs with fantastic standard of living, and that too at cost-effective prices.

Apart from classy buildings constructed with world-class technology, round the clock surveillance is provided to the community of residents. Threat perception has increased in recent times; therefore, Sahyog Home has taken steps to deploy security personals and CCTV cameras to monitor the movement of outsiders and residents. It is one of the basic steps to control the intrusions from the unauthorised users.

Hospitals, schools, and police check posts are located nearby for the people. Therefore, they can access basic amenities without much ado. In short, living in apartments of Sahyog Homes is a dream come true for the people who want to enjoy a life of tranquillity.