Arun Muchhala Group Invests 500 Crores in its Award-winning Township in Boisar
MUMBAI, June 3, 2015 /PRNewswire/ --
Being in the reputable real estate business for over 35 years, the Arun Muchhala Group has a vision to establish more entertainment centres, leisure parks, hospitality projects and townships that are accessible to the people who need homes. They have been the forerunners in extending the boundary of Mumbai to the outskirts, beginning with Thane, now including Boisar.
The Arun Muchhala Group has made its presence renowned in Boisar with the award-winning construction project, the Sai Baba Boulevard. With an investment of a whopping 500 crores, this location has been a prime selection as it can provide homes to not only people from Maharashtra, but from Gujarat as well, since Boisar is a mere one an half hour drive from both the majorly populated states. The Sai Baba Boulevard will be the largest township built by the Arun Muchhala Group, spread over 110 acres, providing desirable amenities to its residents and others. It comprises of 17 industrial units, 195 residential complexes, 2886 flats and 832 retail shops.
Living during times where housing is turning out to be the most expensive part of living, the affordable comfort of each home below Rs. 25 lakh works as a welcomed boon. The return on this investment is estimated to be a 100% in the next couple of years.
Also, being the largest Maharashtra Industrial Development Corporation, Boisar does offer good education and employment opportunities. It is accessible to the city as it is connected to the western railway line of Mumbai Suburban Railway. With gorgeous attractions such as Chinchani Beach and Tarapur Beach in close proximity, the versatility of our country's landscapes can be much appreciated.
The brain behind this construction project is Mr. Suraj Muchhala, the Managing Director of Arun Muchhala Group.
"Real estate prices in Mumbai are fluctuating whereas land in the outskirts of Mumbai, like in Boisar is sold at a much cheaper rate that is afforded by the masses. A strong connectivity is very important for the smooth functioning of businesses and leisure programs. This is why our project is strategically located where transportation is convenient. Our future goal is to further expand our development in Boisar. Ten years from now, we aspire to become one of the largest real-estate firms providing quality lifestyle and developing more recreational facilities," says the young award-winning entrepreneur, Mr. Suraj Muchhala.
About Arun Muchhala Group
Arun Muchhala Group is one of India's largest and most respected conglomerates in the field of development and construction, in residential and commercial buildings, villas, condominiums, business parks and hotels. Arun Muchhala Group is a multi-faceted company having companies like Muchhala Magic Land Pvt. Ltd., Ritika Hotels Pvt. Ltd., Shree Girnam Cement Co. Pvt. Ltd., Sai Suraj Leasing and Finance, Sai Suraj Property Developers Pvt. Ltd., Funworld Tourism and Development Ltd. at Rajkot and Baroda. It has been a pioneer in extending the city's boundaries. For more information, visit www.arunmuchhalagroups.com
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Malika Bhasin
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