Kopare witness rapid development
Kopare in Kharghar is witnessing rapid development. There are more than 30 new ready-to-move -in projects along with nine under-construction projects and another nine yet to be launched.
Projects coming up in Kopare are Kesar Exotica by Kesar Group, Mahaveer Jyoti by Mahaveer Builders, Rosewood Heights by Tharwani Group, Shelter Park by Shelter Developers and Aradhna by Arihant Group.
Most of the projects have two bedrooms and three bedrooms apartments and very few one bedroom apartments. A few projects such as Kesar Exotica, Aradhna and Rosewood Altitudes are offering luxury flats.
A few developers are providing amenities like children’s pool, theater, gym, club house, cafeteria and so on. Even though other builders tend to be supplying standard amenities for example gardens as well as elevators. This existing rates of projects in Kopare ranges from Rs 6, 500-8, 500 per sq ft.
Kesar Exotica is quoting Rs 8, 500 per sqft. Mahaveer Jyoti, Arihant Aradhna and Shelter Park are quoting Rs 6, 500-7, 000 per sqft. A residential property in Kopare costs between Rs 65 lakh to Rs 1. 50 crore by having an area of 950-1360 sq ft.
Kopare is surely an end-user driven market. Because of high property prices in Kopare buyers do not wish to block big cost, said Abid Ahmed from City View Realtor, a city-based realty firm. Another reason why home buyers and developers are interested in Kopare is because of good connectivity and it is adjacent to the Mumbai-Pune Expressway and the Metro route.
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