What can you buy for about Rs 1 crore in Chandigarh and Mumbai? In one city that budget can bring you a bungalow; in the other, a two-bedroom suburban flat. In Kolkata, we feature an old property in a hard-to-better location
CHANDIGARH
Rs 1 crore
Developer: Pearl Infrastructure
Location: Zirakpur
Size: Five-bedroom flat of 3,893 sq ft
Price: Rs 1.1 crore
Completion: Mid-2011
About: Zirakpur is a rapidly developing town bordering Chandigarh and Panchkula. This property is accessible directly from the Ambala-Chandigarh highway. Of the 17.5 acre plot, 70 per cent will be greens. There will be 771 flats, a pool, gym, club and amenities
THE BUNGALOWS AT MOHALI HILLS
Developer: Emaar MGF
Location: Mohali, near Sector 105
Size: Three-bedroom bungalow of 1,700 sq ft
Price: Around Rs 1 crore
Completion: 2012
About: Mediterranean/Andalusian-style bungalows on 300 sq yard plots with small front lawns. They are “expandable”, that is, the foundation is ready for two more floors
Developer: Uppal
Location: Manimajra, Panchkula
Property: Flats
Price: Rs 1 crore
Completion: Almost complete
About: Airconditioned, high-end finish, wood work, electricals and modular kitchen. A premium project with 168 units located near the technology parks and airport
MUMBAI
Rs 94 lakh-1.2 crore
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Developer: M R Realtors
Location: Goregaon West
Size: Three-bedroom flat of 1,250 sq ft
Price: Rs 1.13 crore
Completion: December 2010
About: Walking distance from Goregaon station and Malad Link Road; Western Express Highway nearby. Markets nearby, and Inorbit Mall. Four levels of parking, gym, pool, games facilities, power backup and rainwater harvesting
MILLENNIUM AVANISH-AIROLI
Developer: Millennium
Location: Airoli, Navi Mumbai
Size: Three-bedroom flat of 1,553 sq ft
Price: Rs 93.97 lakh
Completion: March 2013
About: Near Mulund-Airoli bridge. Building has jogging track, gym, children’s play area and swimming pool. Power backup for common areas. Flat has a balcony
Developer: RNA
Location: Goregaon West
Size: Two-bedroom flats of 1,299 sq ft
Price: Rs 1.23 crore onward
Completion: October 2013
About: Three basements, 10 levels of parking, a double-height entry deck and three towers of 32, 34 and 36 floors. Flats have imported marble flooring, one bedroom with wooden floors, tinted-glass windows, 10-ft ceiling height, videophone. Also a pool, children’s play area and events hall; table tennis, pool and squash facilities
KOLKATA
Rs 1 crore
Two-bedroom, 1,400 sq ft flat
Off the main Ashutosh Chowdhury Road, Merlin Court is a well-maintained 25-year-old multi-storeyed building in the area. The flat on sale is a well laid-out two-bedroom, two-bathroom, drawing and dining space spread over 1,400 sq ft.
It is located on the fifth floor and looks a little shabby, “but all it’ll take is a coat of paint,” says Surajeet Nath, the broker.
There’s none of the the conveniences of modern gated communities, but there is a community hall where you can hold small parties. What the place may lack in terms of comfort it makes up in convenience and the relative prestige of the centre-of-town location.