ANAROCK Snags Exclusive Mandate for Swaminarayan City in Mumbai's Dombivali

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Press Trust of India MUMBAI
Last Updated : Jan 25 2019 | 5:00 PM IST

/ -- Limited-edition housing at Mumbai's latest major pilgrimage destination
(Logo: https://mma.prnewswire.com/media/701435/ANAROCK_Logo.jpg )
Bappaditya Basu, Director & Head - Channel Partner Business, ANAROCK Property Consultants says, "The project's USP may be seen to be that it abuts India's largest Swaminarayan Temple coming up over 14 acres in Dombivali. However, Swaminarayan City also provides exceptionally high location value. In fact, the mounting housing demand in Dombivali had prompted the launch of nearly 2,960 new units in 2018. Easy connectivity via local trains, improving infrastructure, relatively affordable property prices and MIDC's big industrial complex around Dombivli are fuelling demand for mid-range housing in this region."

Sachin Patel, MD - Swaminarayan Life Space LLP says, "Swaminarayan City is named for the massive temple complex coming up here and will predominantly cater to Swaminarayan devotees from within and outside Mumbai. However, it also benefits from matchless connectivity - which obviously is foremost on every Mumbaikar's wish-list. Thanks to the unique confluence of location benefits, the temple and its river view, we are projecting capital appreciation of anywhere between 14-16% over the next 1.5 years. This certainly trumps most other locations in MMR."
Project video - Swaminarayan City, Dombivali, Mumbai
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First Published: Jan 25 2019 | 5:00 PM IST

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