BlackSoil Realty 

BlackSoil Realty Fund–I is all set to invest Rs 25 crore in Mumbai’s leading real estate developer’s project. According to sources, Ahuja Constructions will use this fund for mid-market focused upcoming project which is known as the “Project O2” and it is located at the Sion East. BlackSoil Realty will use the special purpose vehicle to invest fund.

BlackSoil Realty Fund–I is one of the SEBI registered Category-II AIF fund that has recently done its closing with Rs 139 crore and now its planning to invest its residual amount in different projects for the duration of next 12 to 18 months. Al the funds will be promoted by Shashi Kiran Shetty, Chairman and Managing Director of Allcargo Logistics (worth $ 932-million), Gnanesh Gala, Managing Director of Navneet Education Ltd (worth $ 400- million) and Mumbai-based realty expert Virendra Gala.

“Project O2” is the flag ship project of Ahuja Constructions and has been launched as ‘The Lion of Sion’. It is expected that Project O2 will be completed by the end of 2019. The whole project will be consists of seven buildings which will be spread over an area of 2.5 acres and it is currently one of the largest development project in micro market. According to the statement of the Virendra Gala, Partner BlackSoil Realty Fund, “In future the project will be the landmark in Sion (East), and it will attract the large number of upper middle-class as well as middle-class buyers. Apart from that project have strategic location and due to that project will be in great demand in the bearish real-estate market.

According to the statement of the Gautam Ahuja, MD, Ahuja Constructions, “This is one among the very few projects in the region where you will be able to find easy reach and all the essential facilities and amenities to live comfortable life”. Ahuja Constructions is one of the premium real estate developers and it is in business from many years (three decades) and have successfully develop the 44 projects through spanning the belt of Chembur to Mulund and Navi Mumbai and Worli to Borivali. Ahuja Constructions have offered many projects at different locations in Mumbai Metropolitan Region such as; Oshiwara, Sion, Malad, Ambarnath, Worli, Bandra and many other places with approximately 7 million sqft.

Ahuja Constructions Launches O2

Recently, one of the Mumbai-based real estate developer, Ahuja Constructions launched its brand new luxury residential project at Sion suburb, Mumbai. This new residential project O2 is strategically located at Sion, Priyadarshini Park and this location is one of the most prominent locations in all over Mumbai. Apart from that this project is also equidistant to the Eastern Freeway Santacruz -Chembur Link Road, Eastern Express Highway and BKC. It is also only few kilometers away from the business centres, malls, finest hotels and other premium enterta­inment hubs.

About O2 Residential Project:

O2 residential project is located in the heart of Mumbai at Sion suburb. This 19 tower residential project is spread o the area of 2.5 acre with total 310 apartments spread across 6 wings. Here you can find different size of apartments as per need such as; 3 BHK with 1,660 sq ft size, 2.5 BHK with 1,320 sq ft and 2 BHK with 1,130 sq ft to 1,230 sq ft area. The base price for apartments are Rs 14,499 per sq ft, however; the apartments cost is about Rs 1.65 crore onwards. Currently, project is in under construction and it is expected that till December 2018 apartments will be ready for possession.

Advantages with O2 Project:

The significant advantage this residential project is that it will provide hassle-free connectivity with all over city, no matter you want to access the domestic or international airports at the other end, Bombay-Pune Express way, Navi Mumbai or any other place. Apart from that location will also provide great connectivity will all the other premium destinations such as; Nariman Point, Bandra, Andheri, Ghatkopar, Thane and Worli. According to officials O2 project has an oasis of nature in an urban setting as it is providing vibrant life style with tapestry of experiences. Apartments in O2 project will provide both luxury as well as safety to the buyers. Project has G+19 storey tower with 310 apartments spread across 6 wings with lavish 3 BHK, 2.5 BHK and 2 BHK apartments with sunshine¸ modern conve­niences, fresh air and all the other essential amenities to live comfortable life, the company claimed.

All the modern amenities at this new residential project will include multipurpose court¸ clubhouse, spacious designs, indoor games room, swimming pool with kids’ pool at a height of 70 metres, library, outdoor space for yoga, open air party deck, gymnasium and ample parking space. You will find an air conditioned lounge in grand entrance lobby with separate elevators for each wing. Apart from that this project is also offering a lot of green space, charismatic aroma garden with sculpture garden and landscape garden at podium and terrace with children’s play area and senior citizens’ area.

If you are ideal destination lovers ad love to enjoy metro city life at weekends or evenings, so with emphasis on contemporary architecture and quality construction, O2 is one of the best residential project in all over Mumbai, said Gautam Ahuja, MD of Ahuja Constructions.