exclusive sea front property situated on Carter Road, Bandra (W). The plot measures 2005.90 sq.mtrs, equivalent to 21,591 sq. ft (as reflected in the P R Card).
The property houses an iconic, well maintained heritage bungalow of Ground + First Floor. Each floor measures 628.53 sq.mtrs, equivalent to 6,765 sq. ft as per the Municipal assessment records.
The plot is sea facing and hence enjoys clear, unobstructed views of the Arabian Sea.
The plot has a balance, unutilised development potential (FSI) of 750 sq.mtrs, equivalent to 8,060 sq. ft as per the current CRZ norms of 1 FSI. However, further additional FSI will be available in the future as per notified CRZ regulations.
Since the existing bungalow is assessed to municipal records since 31.03.1961, the annual property taxes are very low at Rs 5802 x 2 instalments = Rs 11,604/-
The property is clear titled and owner-occupied by a single family, thereby enabling a smooth transaction process.Asking 450cr