Unveiling MINERVA: A Landmark Residential Project in Lower Parel
MINERVA, a prestigious residential project developed by Lokhandwala Kataria Construction Private Limited, is set to redefine luxury living in the vibrant hub of Lower Parel, Mumbai. Located at C.S.NO 1PT, 2PT, this ongoing project boasts an impressive footprint of 7907 sq. m. and offers a unique blend of modern architecture, state-of-the-art amenities, and a prime location.
A History of Delays and Litigation:
While initially planned for completion in December 2018, MINERVA’s completion date has been extended several times, with the current projected date set for December 2024. The project has also faced litigation, a factor potential buyers should carefully consider.
A Prime Location in the Heart of Mumbai:
MINERVA enjoys a coveted location in Lower Parel, nestled between prominent landmarks like Apollo Mill and J R Boricha Marg. This prime address offers easy access to the city’s best amenities, including shopping malls, entertainment zones, and renowned educational institutions.
Luxury Living Redefined:
The project encompasses three buildings with a total of 68 sanctioned floors, offering a range of meticulously designed apartments. From spacious 3BHK units spanning 1213 to 1426 sq. ft., to luxurious 4BHK units ranging from 2018 to 2749 sq. ft., and unique “Others” configurations of 2057 sq. ft., MINERVA caters to diverse lifestyle needs.
Exceptional Amenities and Features:
MINERVA provides a plethora of amenities designed to enhance resident well-being. The project features two basements, one plinth, twelve podiums, and two stilts. Residents will also enjoy access to 1039 closed parking spaces, ensuring convenient and secure vehicle storage.
Financial Security:
The project is backed by HDFC Bank Ltd, providing financial assurance to investors. The bank’s IFSC code (HDFC0000240) offers further transparency and security.
An Investment Opportunity:
MINERVA represents a unique investment opportunity for those seeking a luxurious lifestyle in one of Mumbai’s most desirable locations. While the project’s history of delays and litigation warrants careful consideration, the project’s prime location, impressive amenities, and backing by a reputable developer like Lokhandwala Kataria Construction Private Limited make it a noteworthy option for discerning buyers.
Important Considerations:
Potential investors are urged to conduct thorough due diligence, including reviewing all project documentation, legal proceedings, and the developer’s track record. A comprehensive understanding of the project’s history and current status is essential before making any investment decisions.