Eka Life Ltd. and Dotom Realty have launched a premium residential project named Domain in Govandi, which is an extension of Chembur in Central Mumbai. The area has been at the center of all infrastructure development in Mumbai, making it a well-connected location with various connectivity landmarks such as Freeway, SCLR, BKC connector, Eastern express highway, and Sion – Panel expressway, all within 10 minutes away. Furthermore, its proximity to South Mumbai, Thane, Navi Mumbai, International Airport, and BKC, thereby driving its real estate appreciation story.
According to Magic Bricks, Govandi in GMLR has seen record-breaking appreciation of over 45% in two consecutive seven-year pricing cycles, which is 20% higher than its vicinity micro-markets during the same period and the highest real estate price appreciation in the entire central Mumbai. As such, the area holds great appreciation potential, particularly in the residential space, due to its status as an affordable high growth market and being a prime connectivity nodal point.
Ajay Munot, Founder & CEO of Eka Life and former CEO of Adani Realty and Emmar India, highlights the significance of location to the success of real estate development. He believes that business decisions should revolve significantly around the current and future potential of a location since homes are always built for the future and should continuously add value to customers throughout the project’s life cycle. Moreover, he emphasizes the importance of providing an excellent onsite customer experience and delivering a fantastic customer experience at the all-new sales gallery with an inbuilt show residence to showcase a realistic life experience.
Ketan Musale, Founder & MD of Dotom Realty, echoes Ajay Munot’s views on the importance of designing a perfect product in real estate development and emphasizes the importance of creating a livable space. Domain, the Tallest Luxury project in Govandi, has two towers with 33 floors, Rooftop Amenities, and a MULTI-LEVEL CAR PARK with 10+ modern amenities designed to cater to the new age luxury. The project features a good retail space at the ground level, which will add to the future conveniences of residents. The Domain is one of the few projects in Central Mumbai built following a wind tunnel analysis done by CPP Sydney, Australia, to ensure construction stability and M70 grade concrete mix for strength, with Aluminium formwork for a speedy, consistent, and excellent finish.
Domain the Tallest Luxury is a premium residential segment with fabulous 360-degree uninterrupted views of beautiful skyline & Vashi creek that qualifies Domain to be a premium residential segment. Moreover, the project is priced accurately, making it accessible to the value residential segment, making it an attractive investment for potential buyers. Finally, Domain will be the first luxury residential landmark to boast of 12,000+ square feet of space dedicated to hosting 10+ amenities at a height of 350 feet high.
Domain’s launch sets it apart as a premium residential space that offers affordable luxury and excellent value for money. It will be interesting to watch how it fares in the coming days in Govandi’s high growth market and one of the most preferred locales of central Mumbai.
