Published On: Fri, Dec 8th, 2017

Shapoorji Pallonji Enters Mumbai with its First Joyville Project in Virar

Joyville Virar to be developed across 7.3 acres of land

Sharpoorji By Accommodation Times Bureau

The Shapoorji Pallonji Group, one of India’s trusted and oldest real estate brands announced today the launch of its easy-to-own homes under the brand – Joyville in Mumbai with its first project in Virar. This is the second project under Joyville brand the first being in Kolkata launched early last year.

Joyville, Virar will feature over 1200 residences of different configurations spread across more than 7 acres. The spacious and aspirational products come in configurations ranging from 1 BHK to 3 BHK. The customers can avail of flexible payment plans offered by the developer for the first few customers. Additionally, the eligible customers can also avail the PMAY benefit to the extent of Rs. 2.67 lacs under the CLSS scheme.

The project is coming up at a prime location in Virar making it not only an ideal address for buyers but also extremely affordable with close proximity to various social infrastructure like railway station, schools, malls, hospitals etc. The proposed state of the art Sports Complex and Athletics facility and the proposed Vasai Virar Municipal Corporation complex would be also very near this project. Apart from the spacious residences in a gated community, the project boasts of cutting-edge amenities like a clubhouse with swimming pool & gym, jogging and cycling tracks, sports-facilities for kids, recreation areas, parks & open spaces, banquet facilities to name a few.

Speaking at the launch, Venkatesh Gopalkrishnan – CEO, Shapoorji Pallonji Real Estate said, “Mid-income housing is distinct from the Indian high-end real estate market, in terms of its market dynamics. We see a huge demand and need across Mumbai for this category of homes. And we are confident that Virar as a destination is bound to transform this space given the region’s affordability, connectivity to the city along with the planned infrastructure projects in the pipeline. Also, the ShapoorjiPallonji Group is well placed to take advantage of this opportunity due to our presence across the development value chain which will be critical in delivering effective quality and cost within stipulated timelines.”

AerialDay_56120 (1)Sprawled across 7.3 acres, JoyvilleVirar will be one of the tallest towers in Virar, and one of the only development with a three-level podium. The completed project will offer over 1256 residential units comprising of 1 BHK, 2 BHK and 3 BHK that will range from MahaRERA carpet areas of 38.06 sqm (1bhk) to 66.52 Sqm (3 bhk).

To facilitate easy the customers, residents will be provided with exclusive bus facility and 24/7 power back up in common areas in addition to the fundamental facilities. Also, the project boasts dedicated water connection line from VVCMC.

The Joyville projects will be located in suburban locations of pre-selected cities, which have clear growth potential and are carefully selected based on a well-defined geographic strategy. It will provide housing for families in the middle-income group segment. ShapoorjiPallonji has launched two projects in Kolkata and Virar near Mumbai. In total, the projects will comprise 16-17 million sqft and will be completed in six years.

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