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Pali Hill is an upscale sub-locality that boasts some of the costliest and most luxurious properties in West Mumbai. It is a well-developed area characterised by seaside promenades, top-notch social amenities, proximity to major employment hubs, and excellent connectivity to other parts of the city. Thus, flats in Pali Hill are always in high demand among individuals and businesses alike.
If you are looking for the best flats for sale in Pali Hill, Rustomjee Parishram and Rustomjee Panorama are offering 3 BHK, 4 BHK and 5 BHK flats, featuring spacious interiors, lush greenery and a range of on-premise amenities.
Pali Hill is spread across the adjoined suburbs of Khar and Bandra. It extends parallel to the Naushad Ali Road, which is a popular seafront and promenade stretching from Khar Danda in Khar to Jogger’s Park in Bandra. This location is also adjacent to several other popular destinations in West Mumbai, such as Juhu, Santacruz, Khar, etc.
True to its name, Pali Hill is located on rolling hills with alternate steep and shallow sides. Thus, if you want a spectacular sea view from your balcony while getting a feel for the hills, buying apartments in Pali Hill can be an ideal investment.
Till the 1950s, Pali Hill was predominantly a forested area with dense undergrowth. Over the years, the area was cleared to grow fruits and crops, and only a few buildings were constructed by builders and entrepreneurs. At that time, most people usually lived in cottages and bungalows.
Hereafter, in the mid to late 1960s, property developers slowly started building apartment complexes, and cottage dwellers began selling their homes to real estate companies.
However, the area’s natural beauty still remains. Thus, when you buy flats in Pali Hill, you get to enjoy the tree-covered roads, vast gardens, abundant flowering shrubs, and the company of several migratory birds.
According to surveys, in 2020, Pali Hill had an approximate population count of 3,570. The neighbourhood is spread over an area of 1.25 km² and has a population density of 2,852 people per km².
Additionally, the male and female population count of this area are 1,825 and 1,745 respectively.
A significant benefit of purchasing flats in Pali Hill is its superb connectivity. The Khar Road Railway Station facilitates superb access to all parts of the city. Moreover, numerous buses and auto rickshaws pass through this area, making commutes hassle-free.
The Bandra-Worli Sea Link, Western Express Highway, SV Road, and Linking Road provide direct access to South Mumbai. Additionally, the Santacruz Chembur Link Road (SCLR) offers easy connectivity to Navi Mumbai, Thane, and other eastern suburbs.
When you buy apartments in Pali Hill, here are the top things you can do:
All flats in Rustomjee Parishram are designed with spacious interiors, well-positioned windows, and large balconies to maximise natural light and ventilation.
In order to provide maximum privacy, Rustomjee Panorama has only two 4 BHK flats per floor. Each unit has its own sundeck, offering spectacular views of the city. Moreover, you have the option of customising the walls of your flat via Fifth Wall Designs.
Rustomjee Parishram and Rustomjee Panorama are two of the most eco-friendly apartments in Pali Hill. They feature spacious 3 BHK, 4 BHK, and 5 BHK flats, vast open spaces, luscious greenery, and world-class on-premise amenities.
If you purchase flats in Pali Hill using a home loan, you can get huge tax benefits under Section 80C and Section 24(b). Moreover, you have the option to sell off your flat in the upcoming years when property rates soar.
Suppose you purchase flats in Pali Hill by availing of a home loan. In that case, you can claim a maximum tax benefit of ₹1.5 Lakh under Section 80C on the principal amount, registration charges and stamp duty, and up to ₹2 Lakh under Section 24(b) on interest payments within a financial year.
The typical price range for flats in Pali Hill ranges from ₹95 Lakh to ₹69.89 Crore.
First-time homebuyers should consider buying flats in Pali Hill in gated communities. This will enable them to enjoy world-class amenities and the benefits of community living right on the apartment’s premises.
To verify the legal status of your chosen flats in Pali Hill, visit the Maharashtra Real Estate Regulatory Authority (RERA) website and check the project’s details by entering its RERA number.
To secure financing for buying flats in Pali Hill, you must apply for a home loan with your preferred lender (bank or NBFC). Visit their website, fill in the home loan application form, upload the required documents, and provide the property details. A representative from their end will call and guide you through the entire process.
Before purchasing an apartment in Pali Hill, you should consider factors like the distance from your workplace, the availability of public transport, and the nearness to the required social infrastructure.
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