Godrej Nirvaan Thane Extension | Price | Location

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1. Godrej Nirvaan
Thane Extension, MMR
WHY SHOULD YOU INVEST IN GODREJ NIRVAAN
PROJECT OVERVIEW
PROPER TY DETAILS
Located in Thane Extension, a growing residential destination, Godrej Nirvaan is your chance at affordable investment
without compromising on a luxurious lifestyle. With a starting price of just over ₹45 lakhs, invest from the comfort of
your home as Square Yards goes online.
MARKET ANALYSIS-GODREJ NIRVAAN VS OTHERS
1.
2.Most projects in this micro-market are stand-alone buildings or smaller developments as compared to Godrej Nirvaan,
which is spread across an area of 8 acres.
Even established developers present in the locality such as Tata Housing and Mahindra Lifespaces are offering projects
with limited amenities. Godrej Nirvaan on the other hand offers 50+ state-of-the-art facilities.
Godrej Nirvaan also offers 70% open space in the project, a luxury that is rarely available in the city.
PROJECT HIGHLIGHTS
CONFIGURATION Carpet Area (Sq.Ft.)
1 BHK
421
Pricing
₹45 Lakhs
675 ₹82 Lakhs
2 BHK
Page 1 of 4
Sports & Outdoor Green Area
Club House Fittings & Furshing
50+ amenities: Convenience zones, sky zone, wellness zone, kids zone, festive zone and
sports zone
Convenience zone: 24x7 concierge services, shuttle service, ATM, retail outlet etc
Wellness zone: Yoga garden, senior citizen area with re exology walkway, music garden,
meditation garden with laughter therapy park, open lawn with fragrance court
Sports Zone: Badminton, tennis and basket ball court, half olympic size swimming pool, jogging/walking track, gym, cross fit outdoor fitness area etc
Kids Zone: Swimming pool for kids, surface painting area, crèche, interactive fountain for kids, tree house with slides and hammocks, toddlers' play area
Festive Zone: Open party lawn, pool side party deck with barbeque counter, multipurpose hall,
café style seating area, barbeque counter
Sky lounge
Organic Farming
Sky Gym
461 ₹50 Lakhs
595 ₹72 Lakhs
3.
Price range varies from ₹45-82 Lakhs
Spread across 8 acres of land area with 70% open space
1, 2 BHK units from 421-675 Sq.Ft. (carpet)
Located in the residential hub of the future-Thane Extension
Exclusive 10:90 Payment Plan
Just 20 minutes from Majiwada, off Mumbai-Nasik Highway
Walking distance from upcoming metro station (Line 5)
No Requirement of loan till possession

2. MICRO-MARKET ANALYSIS- WHY THANE EXTENSION
Accelerated capital growth, upcoming infrastructure and excellent connectivity to different parts of the city make Thane
Extension the destination to watch out for.
Connectivity
There is a plethora of infrastructure projects in the pipeline in and around Thane Extension, that promise a bright future for
the locality. The Kalyan Business District is one such mega project planned over an area of 330 hectares. The Virar-Alibaug
Corridor and the Thane-Dombivli Bridge are some of the other projects that ensure further enhancement of connectivity of
this locality.

Past trends also reveal an already growing demand in the locality. The image displays the growth in demand for apartments
in the last few years. Thus, Thane Extension clearly offers an ideal investment opportunity.
Scope of Growth
Page 2 of 4
Just 20-25 minutes from Majjiwada Circel and Ghodbunder Road
Upcoming Metro Line 5 will connect Thane Extension with Thane. It would also connect to South Mumbai via Metro Line 4
and to Navi Mumbai via Metro line 12.
Kalyan station is just 10 minutes drive from Thane Extension.
Capital and Rental Trends
At present capital values in the locality vary anywhere between ₹6,000-7,000/Sq.Ft. The locality has witnessed an
exponential growth in residential demand in the last 5 years or so.
Availability of smaller configurations ensure a stable rental demand in the locality. On an average the rental value for a
2BHK in the locality varies from
₹12,000-16,000 per month.
Over the last
6 Years
percentage growth in
apartments bought
THANE EXTENSION
232%
THANE
88%
APARTMENTS BOUGHT
THANE EXTENSIONTHANE
0
1000
2000
3000
4000
5000
6000
7000
8000
FY 12-13FY 13-14FY 14-15FY 15-16FY 16-17FY 17-18FY 18-19
Social Infrastructure
The area has a well-established social and civic infrastructure. Here is a snapshot of the available amenities in the nearby
surroundings
Education
Podar International School 15 Mins
Tree House International School 15 Mins
Presidency School 17 Mins
Fortis Hospital 15 Mins
Holy Cross Hospital 15 Mins
Ved Hospital 10 Mins
Hospital
Metro Junction Mall / INOX 20 Mins
PVR Cinemas 15 Mins
Cinepolis 20 Mins
Entertainment
Upcoming Metro Station 1 Mins
Bhiwandi Station 6 Mins
Airport 45 Mins
Connectivity
Source:- Liases Foras
Godrej Nirvaan
Thane Extension, MMR

3. PAYMENT PLANS
Godrej Properties is a name to reckon with in the realty and construction industry in India. The company is a part of the
Godrej Group, one of India’s biggest and most trusted business conglomerates with interests in real estate, consumer goods,
agribusinesses, appliances, locks and security solutions and many other verticals. Godrej Developers harnesses this 119
year old legacy of trust and excellence and emphasizes on top class technology and design for its projects.
Godrej Realty is known for its focus on sustainability and innovation. The list of Godrej projects includes multiple residential,
township and commercial projects. The company is currently developing 115 million Sq. Ft. of projects in 12 Indian cities. The
company has received in excess of 150 recognitions and awards and aims at being one of the top three developers in the
nation. The company recently partnered with APG for setting up a $275 million fund to expand its real estate interests while
the parent Group has also earmarked INR 1, 900 crore as a realty fund.
ABOUT DEVELOPER
In this plan the buyer is supposed to pay only 10% of the total amount at booking and the remaining payment is done at the
time of possession. This is explained in the below table w.r.t to Godrej Nirvaan where we have taken the price of a 1BHK unit
(
₹51,30,850) for the calculation:
10:90 Plan
SQUAREYARDS RERA REG. A51800000454
Project RERA No. P51700022148
Website. https://www.squareyards.com/mumbai-residential-property/godrej-nirvaan/10886/project
100% ₹51,30,850Total
10%
SDR
₹5,13,085
Stages of Construction % Due as per CLP Amount (Lakhs)
On Booking
Within 60 days
90% ₹46,17,765On Possession
Product Price: ₹51,30,850
Page 3 of 4
MUMBAI - NASHIK EXPRESSWAY
GHODBUNDER ROAD
KALYAN - SHILPHATA ROAD
KALYAN - BHIWANDI ROAD
THANE - BHIWANDI ROAD
NATIONAL HIGHWAY
ROAD
PROPOSED METRO LINE
LANDMARK
HOSPITAL
SCHOOL & COLLEGE
MALL
METRO STAION
CINEMA HALLS
GODREJ
NIRVAAN
BHIWANDI
DOMBIVLI
KALYAN
THANE
MUMBAI
MUMBAI
TOWARDS
MUMBAI
CINEMAX
CINÉPOLIS
PVR CINEMA
HOLY CROSS
HOSPITAL
BIRLA
SCHOOL &
COLLEGE
INOX CINEMA
CARNIVAL SM5
FORTIS HOSPITAL
SHREEDEVI HOSPITAL
METRO JUNCTION MALL
INOX
KORUM MALL
R MALL
VIVIANA MALL
PODAR
INTERNATIONAL
SCHOOL
TREE HOUSE
INTERNATIONAL
SCHOOL
PROPOSED
METRO
STATION*
PRESIDENCY
SCHOOL
NKT
INTERNATIONAL
SCHOOL
SULOCHANA DEVI
SINGHANIA SCHOOL
SANJAY GANDHI PARK
TULSI LAKE
VASANT VIHAR
SCHOOL
VED HSOPITAL
JUPITER HOSPITAL
TOWARDS
PANVEL
TOWARDS
SHILPHATA
TOWARDS
NASHIK
TOWARDS VASAI-VIRAR
MAP NOT TO SCALE. SOURCE: GOOGLE MAPS.
*https://mmrda.maharashtra.gov.in/metro-line-5#
Godrej Nirvaan
Thane Extension, MMR

4. Page 4 of 4
₹7,23,645 ₹40,00,217
Net Profit
on
Sale of
the
Property at
Possession
(H)=(F-E-G)
₹4,59,170 ₹25,04,567
Property Details Initial Investment Net profit and ROI on Selling at Possession
₹16,44,708
₹8,74,980
₹72,36,450
₹45,91,700
₹9,21,063
₹4,15,810
₹83,03,893
Price Point
(A)
SDR+GST
Amt (B)
Agreement
Value (C)
10% of
AV (D)
Total initial
investment
( E)=(B+D)
₹51,30,850
675
Carpet
421
2BHK Luxe
Typology
1BHK Luxe
243%
ROI after
4 Years
(H/E%)
286%
₹65,12,805
Remaining
90%
Payment
at the
time of
possession
(G)= (C-D)
₹41,32,530
₹1,21,57,730
Price of
Property
after 4
Year(at
possession)
@10%
Appreciation
Per year (F)
₹75,12,077
Roi Calculation
Godrej Nirvaan
Thane Extension, MMR