5 BHK Flats in Prabhadevi

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Rustomjee Crown

Prabhadevi, Mumbai 3, 4 and 5 Bed Homes - Available

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Property Details

Situated in the heart of Mumbai, Prabhadevi is one of the most highly demanded residential areas in the city and is known for its connectivity to commercial spots, transportation and a mixture of traditional and modern amenities. The suburb has many luxury living options, comprising high-end residential complexes to cater to a diverse category of people.

Prabhadevi is surrounded by lush green spaces and offers simple access to prime locations like Dadar, Worli and Marine Drive, thus providing the perfect mix of luxury and convenience. Let’s explore the unique features of 5 BHK flats in Prabhadevi.

Why Prabhadevi is a Hotspot for Luxury Real Estate

Prabhadevi has evolved to become a prime hotspot for premium real estate because of various important factors, as given below:

Central Positioning: Prabhadevi boasts a central location in the heart of South Mumbai, offering prompt access and connectivity to main financial and business areas. This advantage of being closely connected with business spots makes it a lucrative choice for corporate professionals and HNIs.
Stunning Sea Views and Picturesque Surroundings: As Prabhadevi lies close to the coastline, various elite developments provide stunning sea views and a calm vibe, which makes it a highly demanded choice for buyers who seek an upscale way of living.
Strong Investment Potential: The average property price in Prabhadevi, South Mumbai, stands at approximately ₹68,550 per square foot.

As there is land scarcity in South Mumbai, residential projects in Prabhadevi have witnessed consistent value growth, which makes it a lucrative choice for investors and buyers who prefer high returns in the luxury real estate space.

Privacy and Exclusivity: Luxury apartments in Prabhadevi are built in such a way as to offer maximum comfort and privacy. This makes it popular among those who wish to lead an elite lifestyle without the daily hustle and bustle of commercial locations in Mumbai.

All these aspects together make Prabhadevi a highly demanded spot for wealthy homebuyers.

Features of Rustomjee’s 5 BHK Flats in Prabhadevi

Rustomjee is famous for its upscale development projects, and its 5 BHK apartments in Prabhadevi are no exception. Here’s a glimpse of the main amenities that Rustomjee’s 5 BHK flats have to offer:

Multiple Living Spaces: These apartments come with dedicated living, entertainment and family rooms, providing residents with the utmost flexibility to use the space in whichever way they find best.
Premium Flooring: High-quality marble, imported flooring and other top-notch finishes are utilised throughout the flats.
Vastu-Compliant Designing: A few of Rustomjee’s properties follow Vastu morals and principles for a blissful living environment.
Rainwater Harvesting: Various apartments are equipped with systems to gather and utilise rainwater, alleviating environmental impact.
Numerous Parking Spaces: Residents can reap the benefits of ample parking areas, along with spaces for residents’ and guests' multiple vehicles.
Fully-Equipped Gym: Rustomjee’s apartments have access to state-of-the-art gymnasiums and fitness areas, fostering a healthy way of living among the residents.
Wellness Areas: The buildings have dedicated spaces for unwinding and rejuvenating, like wellness centres and spas, offering an enhanced layer of luxury.

Investment Potential of 5 BHK Flats in Prabhadevi

Investing in 5 BHK apartments in Prabhadevi can provide huge returns, as the area enjoys prime positioning, luxury and real estate trends. Here’s how:

Connectivity and Location: Prabhadevi’s prime location offers easy access to some of Mumbai’s top shopping destinations. Residents can visit High Street Phoenix and Palladium Mall in Lower Parel, which feature luxury brands, fine dining, and entertainment.

Additionally, Atria Mall in Worli provides premium retail and lifestyle options. These upscale shopping centres add to the area’s appeal among affluent homebuyers.

Elite Market: Prabhadevi is home to numerous premium markets, and the appeal for posh flats, mostly 5 BHKs, is quite high for rich and large families. Also, the property can command high rental returns if it is located near the sea or is connected to main landmarks.
Demand and Supply: The demand for spacious apartments is generally associated with those who need huge space. The availability of such properties is scarce, and the trend for smaller living areas is high in Mumbai because of high land costs.

Hence, 5 BHKs can be found rarely in the city, which leads to a rise in demand and prices.

Future Development Projects: Upcoming infrastructure projects are set to enhance Prabhadevi’s connectivity and real estate demand. The Mumbai Coastal Road Project will significantly reduce travel time between South Mumbai and the western suburbs, improving accessibility.

Additionally, the proposed Prabhadevi-Sewri Metro Corridor will enhance connectivity to Navi Mumbai and key business hubs. These developments are expected to drive property value appreciation in the area.

Why Choose Rustomjee for 5 BHK Flats in Prabhadevi?

Rustomjee is one of the most reputed real estate developers in Mumbai, famous for delivering high-quality projects and unique designs. Here are a few of the main reasons why Rustomjee can be a trusted choice:

Emphasis on Luxury: Rustomjee has constructed various elite residential projects to align with the needs and preferences of affluent buyers. A 5 BHK flat in Prabhadevi by Rustomjee can cater to those who seek luxurious homes, ample space and high-end specifications and facilities.
Long-Term Investment: Rustomjee developments use RCC frameworks for strength and durability, along with premium Italian marble, vitrified tiles, and wooden flooring for elegance. High-quality UPVC or aluminium windows and veneer-finished doors enhance aesthetics.

These premium quality materials and meticulousness towards details not only ensure an elite living experience but also offer longevity and durability for the residents - vital for long-term investments.

Vibrant Neighbourhood: Prabhadevi is considered one of the most prestigious areas in Mumbai, and opting for Rustomjee properties in this suburb offers access to a reputed address, which can demand high rental and resale prices.

Conclusion

5 BHK apartments in Prabhadevi can be the right choice if you seek space, comfort and exclusivity. The area has many upscale residential developments and is strategically placed, making it an attractive choice for investors and buyers.

Rustomjee has many premium residential projects in and around Prabhadevi equipped with the best-in-class amenities to facilitate a sophisticated and exclusive lifestyle, perfect for you and your loved ones. Contact Rustomjee today and learn more about premium 5 BHK flats in Prabhadevi.

FAQs

Are 5 BHK flats suitable for large families or NRIs?

Yes. 5 BHK flats are well suited for large families or NRIs as they offer spacious rooms and a sense of privacy. Also, they are popular among NRIs who seek premium and spacious apartments, typically in the form of an investment property or alternate residence.

What makes 5 BHK flats in Prabhadevi ideal for ultra-luxury living?

These residences offer expansive layouts, sea-facing views, and premium amenities such as private elevators, smart home automation, and world-class clubhouses, catering to high-net-worth individuals seeking exclusivity and comfort in South Mumbai.

How does a 5 BHK flat in Prabhadevi compare to similar luxury properties in South Mumbai?

A 5 BHK in Prabhadevi offers a unique blend of sea-facing views, spacious layouts, and premium amenities, often at a more competitive price per square foot compared to locations like Worli and Malabar Hill, making it a sought-after choice for luxury homebuyers.

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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