3 BHK Flats in Khar

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Rustomjee Paramount

Khar (W), Mumbai 2 Bedroom Residences

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Property Details

Khar is one of the highly demanded suburbs of Mumbai. It is famous for its elite lifestyle, prime positioning, and dynamic community. For those who seek spacious 3 BHK flats in Khar, the neighbourhood provides a plethora of amenities.

Also, factors like excellent connectivity, main business centres, and other best-in-class amenities make 3 BHK flats in Khar an upscale living experience. Therefore, whether you are an investor on the hunt for a premium apartment or a family seeking ample space, the real estate segment in Khar has plenty of opportunities to offer. Let’s explore further!

Why Khar is a Prime Location for Luxury Living

Khar is one of the mainstream suburbs in Mumbai and is considered to be a prime area for luxury living due to various reasons:

Strategic Positioning: Khar enjoys a central location that connects it to various other key parts of Mumbai like Andheri, Bandra, and South Mumbai. It offers simple access to prime roads like the Western Express Highway and the Khar Railway Station, thus making it immensely convenient for work and leisure purposes.
Safety: Khar is famous for its serene, residential vibe which contrasts with other bustling areas of Mumbai. It is regarded to be a secure neighbourhood, luring business class, celebrities and other famous personalities who value safety and privacy.
Green Areas: Although Khar is a part of Mumbai's urban sprawl, the area offers more green spaces and a calm environment, with gardens and open areas that upgrade people's lifestyles.

For example, Patwardhan Park in Khar serves as a serene retreat for residents, offering lush greenery, walking tracks, and a refreshing escape from the city's fast-paced life.

Evolving Infrastructure: Khar is consistently witnessing developments, with new projects coming up that comprise urbanised roads, enhanced public transportation modes, and elite retail outlets, all enhancing its overall demand as a premium destination.

For example, the Western Line Metro Expansion and the upcoming luxury residential projects in Khar are significantly improving connectivity and infrastructure, making it an even more desirable location for homebuyers.

All these aspects together make Khar a desirable and lucrative location for facilitating an upscale lifestyle in Mumbai.

Features of Rustomjee's 3 BHK Flats in Khar

Rustomjee is a reputed real estate developer in Mumbai, and their 3 BHK apartments are made with a special emphasis on luxury, comfort and urban living. Some of the main advantages of investing in 3 BHK flats in Khar by Rustomjee are as follows:

Luxurious Interiors: The apartments are made in such a way that offers the utmost level of generous living spaces, with planned layouts that enhance space usage at its best. This assures that residents can get ample rooms for family living with huge bedrooms, living spaces and balconies.
Elite Finishes: Rustomjee apartments are famous for their high-quality finishes, also, their 3 BHK rooms in Khar generally are equipped with top-notch flooring, modular kitchens and designer bathrooms, with smart fittings and fixtures.
Privacy and Safety: Rustomjee strongly prioritises the overall security and privacy of its residents. Its projects normally feature 24x7 security, controlled access, CCTV surveillance, and intercom facilities for enhanced mental peace.
Vastu Compliant: Various projects developed by Rustomjee are made in a Vastu-Compliant manner, which is a prime consideration for a large group of buyers in India. This is done to ensure a blissful inflow of positive energy in the living area.
Quality of Construction: Rustomjee is popular for its hardcore commitment towards offering the best of its services in terms of high-quality construction. The materials utilised are of the best standards, also the design and pattern are made to promise longevity and durability.

These amenities and features make 3 BHK apartments by Rustomjee one of a kind for those who value luxury living in one of the prime locations of Mumbai.

Investment Potential of 3 BHK Flats in Khar

The investment scope of 3 BHK apartments in Khar is solid because of a mixture of various elements that play an important role in short and long-term growth. Here’s how:

Rising Real Estate Development: There has been a steady growth in premium residential projects in Khar, also including luxurious offerings by Rustomjee. In the past year, property rates in Khar West have risen by 6.54%, indicating a robust demand for premium housing in the area.

This rise in urban amenities, gated communities and high-quality construction has resulted in enhancing the attractiveness and scope for property value growth.

Rental Returns: Provided the area is famous among families, expatriates, executives and other influential personalities, there is a solid demand for rentals in well-developed projects in Khar.

3 BHK apartments can fetch huge rental yields, particularly if they provide high-end amenities and urbanised living areas.

Transparency and Regulatory Certainty: The real estate market in Mumbai has observed immense improvements in transparency and government regulations, mostly after the RERA (Real Estate Regulatory Authority) was implemented.

This facilitates better safety for investors, alleviating risk and uncertainties and making the market even more lucrative in the long run.

Therefore, just like any other investment mode, it is important to assess the current market conditions, legalities and developer’s goodwill and then arrive at a well-informed decision.

Why Choose Rustomjee for 3 BHK Flats in Khar?

Opting for Rustomjee to buy a 3 BHK apartment in Khar can reap many advantages that make it stand out for buyers and investors. Here are some important reasons why Rustomjee can be your go-to choice:

Well-Known Developer: Rustomjee is famous for delivering high-quality projects and timely delivery, ensuring long-term growth and value.
Solid Investment Scope: As Khar has a high demand for luxury properties, their apartments provide a strong resale and rental value, facilitating capital growth.
Strategic Placement: Situated in a mainstream area like Khar, Rustomjee projects provide brilliant connectivity to prime areas Juhu and Bandra, assuring convenience.
Innovation: The apartments are equipped with posh designs that enhance space and upgrade the overall living experience.
Customer-Friendly Support: Rustomjee strongly believes in having a customer-driven approach and offers hassle-free documentation assistance, dedicated property management services, post-sale maintenance support, and NRI investment guidance, ensuring a seamless experience for homebuyers.

Selecting Rustomjee as a developer is equivalent to investing in a sustainable and well-located property in Mumbai's luxury real estate segment.

Conclusion

Acquiring a 3 BHK flat in Khar is a great choice for those who seek an exquisite combination of luxury, comfort and convenience. The area is strategically placed and is full of fascinating amenities and boasts a brilliant infrastructure.

Though the prices might be on the higher spectrum, the quality of life and value offered by Khar make it a smart investment choice for those who wish to reside in one of the best addresses in Mumbai.

Explore premium residential properties by Rustomjee in and around Khar and make the most out of your residential and investment journey.

FAQs

Why is Khar considered a premium residential area?

Khar is known to be an elite residential area due to various reasons like central location, remarkable connectivity and accessibility to top areas like Juhu and Bandra. Also, the suburb provides an upscale way of living with premium amenities, reputed schools and dynamic shopping and dining choices.

Are 3 BHK flats in Khar suitable for NRIs?

Yes. 3 BHK apartments in Khar are highly suitable for NRIs as they provide a safe and luxurious living space with strong rental returns. The area has a mainstream location, brilliant amenities and scope for capital growth, making it a desirable investment option for NRIs who value residing in a premium apartment in Mumbai.

What amenities are available in Rustomjee’s Khar projects?

Rustomjee’s Khar projects boast a wide range of amenities like a swimming pool, gym, parks and advanced security. Also, they offer other features like indoor games, clubhouse and CCTV surveillance for a premium and convenient living experience.

Disclaimer: KEYSTONE REALTORS LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its Equity Shares and has filed the RHP with RoC on November 5, 2022. The RHP shall be available on the website of SEBI at www.sebi.gov.in, as well as on the websites of the Stock Exchanges i.e. BSE and NSE at www.bseindia.com and www.nseindia.com, respectively, and is available on the websites of the BRLMs, i.e. Axis Capital Limited and Credit Suisse Securities (India) Private Limited at www.axiscapital.co.in and https://www.credit-suisse.com/in/en/investment-banking-apac/investment-bankingin-india/ipo.html, respectively. Any potential investor should note that investment in Equity Shares involves a high degree of risk. For details, potential investors should refer to the RHP, including. the section entitled "Risk Factors" beginning on page 34 of the RHP. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision.

The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or any other applicable law of the United States and, unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States only to persons reasonably believed to be °qualified institutional buyers" (as defined in Rule 144A under the Securities Act, "Rule 144A") in transactions exempt from, or not subject to, the registration requirements of the Securities Act, and (ii) outside the United States in offshore transactions in compliance with Regulation S under the Securities Act and pursuant to the applicable laws of the jurisdictions where those offers and sales are made. There will be no public offering of the Equity Shares in the United States.

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