'Panvel has very high potential' |
Fortune Infra has primarily focused on this zone due to the huge growth potential |
Fortune Infra has made the Panvel-Matheran Road a focus area and it has about 6-7 ongoing projects there today. Since the launch of Green Heaven in June 2007, the company has seen sustained demand for housing in the area. Pradeep Swami, Director, Fortune Infra, shares, "Every Sunday we get 2-3 bookings for flats. We share our profit with the customer and give as much amenities as possible. A person who is in search of a 1 BHK in Airoli or Vashi happily gets a 2BHK from us on Panvel Matheran Road for the same price." Dhiren Shah, Director, Fortune Infra, explains, "For customers the most important thing is value for money, also what kind of amenities you provide to the customer. Ten years later Panvel will be at par with Borivli and recently CIDCO proposed metro line to Panvel. Once the airport starts the connectivity between Mumbai and Navi Mumbai will become much better. People will soon see this entire belt as Mumbai. People are fine with travelling a bit more if they have a comfortable life. "We are planning to set up a township of 2,000 flats probably next year. It will be a self contained and integrated township. Our current project is Fortune Gardens where we will be giving possession in the next couple of months. We are launching Fortune Belliza in November with 250 flats where we are trying to use a green concept. Here we will be saving energy by providing solar power for common amenities, so the running cost of the project can be reduced. By using this green concept we can lower down the maintenance cost. Most of them pay EMI's, thus saving electricity and energy costs will benefit the residents," he adds. |
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