Siroya Corp has revealed plans for a massive mixed-use development in Oshiwara, Andheri West, with a staggering 1 million square feet of space. This project, encompassing residential, commercial, and retail areas, aims to redefine the area's landscape. With Oshiwara experiencing significant population growth, particularly among young professionals and families, the project's 600 residential units across two towers meet a rising demand for modern living spaces. The inclusion of commercial offices and retail spaces creates a self-sufficient community, promoting convenience and sustainability. Siroya Corp's proven track record and focus on quality instil confidence in the project's success, while its strategic location ensures excellent connectivity and accessibility.
Siroya Corp, a prominent name in Mumbai's real estate development sector, has shown an ambitious plan for a mixed-use development in Oshiwara, Andheri West. This project, with a development potential of 1 million square feet (92,903 square meters), promises to be a game-changer for the area. Envisioned as a vibrant blend of residential, commercial, and high-street retail spaces, the project boasts a saleable area of 350,000 square feet (32,516 square meters) and an estimated top-line revenue of INR 1.2 billion (USD 14.5 million). This significant investment is set to redefine Oshiwara's landscape.
While the project's sheer size is impressive, it's important to consider the project's impact within the context of Oshiwara's demographics and market trends. Oshiwara's population has grown by over 15% in the last five years. This growth, coupled with a rise in young professionals and families in the area, has fuelled demand for modern living spaces. Siroya Corp's project directly addresses this demand by offering an estimated 600 new residential units, spread across two high-rise towers, each with 40 floors.
The inclusion of commercial office spaces and a dedicated high-street retail area within the project is another noteworthy aspect. This mixed-use approach aims to create a self-contained community within Oshiwara. Residents will enjoy the convenience of having essential services, shopping, dining, and entertainment options all within walking distance. This not only enhances the overall living experience but also reduces dependence on personal vehicles, potentially leading to a more sustainable lifestyle.
Siroya Corp brings a wealth of experience and a strong reputation for quality to this project. Their successful delivery of 250 units in Oshiwara stands as a testament to their commitment to excellence. These earlier residences have been recognized as a landmark project, not just for their design but also for their focus on functionality and resident well-being. This proven track record inspires confidence in Siroya Corp's ability to deliver a development that meets the needs and aspirations of modern Mumbaikars.
With a focus on creating a self-contained community and potentially incorporating green building practices, Siroya Corp's project has the potential to pave the way for a more sustainable future for Oshiwara. Additionally, the project's proximity to the Western Express Highway and the upcoming Mumbai Metro Line 7 (Andheri West to Dahisar East) ensures excellent connectivity to other parts of the city. This blend of modern living spaces, commercial opportunities, retail options, and strong connectivity promises to make Siroya Corp's development a highly desirable address in Mumbai's ever-evolving landscape.
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