X BKC has been formally launched by Adani Realty Ltd at a Houseful meet of Channel Partners at Mumbai's newest venue Jio Convention Center at Bandra Kurla Complex, BKC. At an estimate more than 2400 Channel Partners were present at the meet who thoroughly enjoyed the presentation.
X BKC new launch comes with a Developer Subvention which gives an absolute peace of mind to Home Buyers with a 25% pay now and 75% on Possession by the Developer. The risk of the buyer is mitigated now as the project has come in with Adani Realty and HDFC Bank is funding the project at Mr.Hafeez Contractor is the architect. Mr.Hafeez Contractor is pretty bullish on the project construction and he and his team are at the helm of affairs and being the Chief Guest at the event, in his speech he gave a good confidence to the entire realtor fraternity to initiate discussions with their clients and they will be glad.
Interestingly, BKC has a only handful of residential complexes where there limited inventory available, most of the new launches in and around BKC are of a lower value and not as premium as X BKC, so there is no competition at all.
From a price perspective, just to give you comparison of Premium Property which has a direct impact of Demand and Supply - Goregaon East - Oberoi Esquire and Exquisite are selling around 5.50 to 6.60 Cr depending on the floor with 1080 to 1330 sq.ft carpet area. The next supply coming up there is the year 2026 so prices for ready to move in have gone up by at least 50% from 2019 till now.
With no other equivalent product in the market X BKC is likely to get good traction, the only direct inventory in competition here would be the ready to move in flats in Lodha Park - Marquise and Trump which are ready possession. X BKC is likely to now get ready in 18 months time and the construction work has been going at a great pace.
The 3 BHK efficiently planned flats - Carpet Area 1050 -1113 are launched at 6.49 Cr + GST
The 3 BHK Luxe planned flats - Carpet Area - 1389 - 1453 are launched at 8.49 Cr + GST
The 4 BHK large flats - Carpet Area - 2080 - 2114 are launched at 12.69 Cr + GST
The STAMP Duty is completely waived for a limited period.
All you have to do is pay 25% and rest on possession which is brilliant in case you need to Sell any other asset of yours or you are looking to buy a property with Capital Gain etc.
Each apartment will come with car parking space.
In case you need more information about the project and do a site visit - Please call - Sandeep Sadh - 9820030685