Indiabulls Sky Forest - A3: A High-Rise Residential Development in the Heart of Mumbai
Indiabulls Sky Forest - A3, registered under RERA ID P51900000616, is a high-rise residential project situated in the bustling Elphinstone Road area of Mumbai. Developed by Indiabulls Properties Private Limited, this project is characterized by its prime location and offers a variety of spacious and modern apartments catering to diverse needs.
The project boasts a total plot area of 2631 square meters and encompasses a single building with a sanctioned FSI of 32231, translating to a substantial built-up area. The project consists of 54 floors above ground, including one basement, one plinth, and five podiums, allowing for a grand and visually striking structure.
The proposed date of completion was initially set for September 30, 2019, but has been revised to September 30, 2023. This delay, coupled with existing litigations surrounding the project, necessitates careful consideration for potential buyers.
Despite the challenges, the project holds strong appeal due to its location in the vibrant Elphinstone Road area. Residents will enjoy proximity to key amenities like shopping centers, educational institutions, and transportation hubs. The project also features a range of unit sizes, from 2BHK (946 to 983 sq ft) to 4BHK (1596 to 1623 sq ft) apartments, along with a selection of larger units ranging from 1341 to 3803 sq ft.
While the project faces delays and legal hurdles, its prime location, diverse unit offerings, and grand scale make it a notable development in the Mumbai real estate market. Potential buyers should carefully evaluate the current status and associated risks before making a decision, while also considering the potential long-term benefits of owning a property in this desirable location.