location_on Mulund, Mumbai
Luxury 1BHK, 2BHK and 3BHK Apartments
Started From On Request*
Shapoorji Pallonji City of Joy is a new residential development by Shapoorji Pallonji located at Mulund, Mumbai. This luxury project is a place to offer comfort and the best blend of comfort and luxury to people. The development consists of 1BHK, 2BHK and 3BHK apartments that fit all the family sizes and types of tenancy. It is neatly located in a thriving neighborhood so that it can offer the convenience and serenity of a neighborhood without compromising the many opportunities that come with an urban setting. The City of Joy has a well-planned architecture with a modern outlook and well-planned layout which is well planned to bring harmony in living.
Mulund is well known for its green ambiance and pleasant climate thus making one of the most preferred residential region in Mumbai. City Of Joy is also close to the Yogi Hills and the Sanjay Gandhi National Park with beautiful views and opportunities for recreation. This locality has direct access to the major roads and other modes of public transport since this is in close proximity to the Corridor of new Metro Line 4. Proximity and effortless access to essential amenities such as educational institutions, healthcare facilities, retail hubs and leisure centers are readily available and easily reachable.
The City Of Joy covers an area of 7 acres of land. It consists of 904 units distributed in 8 towers that go up to 22 floors. The apartments vary in size between 981 sq. ft. for 2 BHK units and 1323 sq. ft. for 3 BHK units providing enough space to live comfortably. The project has RERA approval and comes with regulatory standards meaning it will be ready to hand over possession by the end of February 2025. Therefore, for a new residence in a well-established locality one would find it quite attractive.
The interior design is quite contemporary focusing on style and functionality. Every flat is designed with an open layout that maximizes natural lighting and ventilation creating an inviting atmosphere. High-class finishes and modern fixtures abound in the living spaces while providing a luxurious feel through durability. The thoughtful design extends to common areas as well to promote community interaction among its residents.
Shapoorji Pallonji City of Joy offers the best range of amenities that uplift lifestyles. There is a vibrant clubhouse hosting social events, a refreshing swimming pool, well-equipped gym and jogging as well as cycling tracks around lush gardens. The dedicated kids' play area gives families the scope to engage in their favorite activities while 24/7 security and power backup offer peace of mind and convenience creating a well-rounded environment for relaxation, recreation and wellness.
Mulund located on the northeastern side of the city of Mumbai connects easily to other parts by a good mix of railway, road, metro and bus networks. Thane, Bhandup and Ghatkopar can be reached conveniently from Mulund Railway Station on the Central Line while major destinations like the airport and Navi Mumbai are well connected by the Eastern Express Highway. The under-construction Goregaon-Mulund Link Road will further improve access and Metro Line 4 will soon connect Mulund to Wadala. With multiple bus terminals and closeness to major transport hubs Mulund stands as a strategic and well-connected locale.
The area in Mulund Mumbai a lush-green place 75 percent of which is greenery. The locality is relatively safe and there's good connectivity with all available amenities around such as ATMs, banks and grocery shops near Shapoorji Pallonji City of Joy Mulund in Mumbai. Major attractions are Big Bazaar (1.3 km), Star Market (0.9 km) and Nirmal Lifestyle Mall (1.3 km). Mulund Railway Station is 1.4 km away and connectivity to major roads increases the ease of commute. The surrounding area offers a balanced life with both urban amenities as well as natural beauty.
Mulund has good connectivity to major commercial locations in Mumbai such as Thane 6 km, BKC 18 km, Andheri 18 km, Powai 12 km and Navi Mumbai 10 km. This makes it an ideal location for businesses and their respective employees. Some major businesses such as Johnson & Johnson, GlaxoSmithKline and Merind are operating within this region due to accessibility on major transport routes. The upcoming Metro Line 4 and Eastern Express Highway will further improve Mulund's accessibility. This will strengthen its position as a hub for both residential and commercial investments.
Investment in Shapoorji Pallonji City of Joy in Mulund offers a great residential property investment opportunity for various reasons. High Return on Investment (ROI) is the primary attraction with historical trends showing steady appreciation in the value of properties. Such appreciation is expected to result in returns of around 10.9% in 2024.
The Positive Impact Ratio for Mulund in 2024 is supported by the strategic location that offers proximity to commercial hubs thus making it appealing for middle-class homebuyers and investors. Moreover, the average rental yield stands at 4% which depicts a healthy rental market. Future development plans including under-construction residential projects in Mumbai and improvements in urban infrastructure promise to increase the resale values ??of properties in this area. This makes the current time perfect to invest in this emerging suburb. Shapoorji Pallonji's City of Joy offers an opportunity in the form of a high-end investment product that has the potential to yield huge returns on investment.
Shapoorji Pallonji Group is one of the leading groups in India that has dominated the real estate market and has carved out a niche for itself by innovative designs, quality construction and architectural excellence. Over 158 years the group has produced some iconic structures such as the Imperial in Mumbai and Shukhobrishti in Kolkata which is Asia largest mass housing project like Shapoorji Pallonji City of Joy Mulund Mumbai. Currently, it operates a diversified portfolio that encompasses more than 2,000 acres of land. It looks forward to monetizing these assets through the newly formed Shapoorji Pallonji Real Estate Holding Company which is set to go public soon. The group has been committed to delivering not only luxury but also affordable housing solutions.
| Unit Type | SIZE (SQ.FT.) | Rate |
|---|---|---|
| 1 BHK | On Request | |
| 2 BHK | On Request | |
| 3 BHK | On Request |