ConstructionUpdates

AWARDS &RECOGNITION

Fit-OutHandoverIn 2015!

Lower ParelNew Developments

IT’S READYThe largest art

installation in the world at the grand

entrance lobby.

Actual Image

VOLUME

November 2015

MAGAZINE

www.oneavighnapark.com

The official newsletter from Avighna India Limited

01

Actual Rendering

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• World’s Best Residential High-Rise Development – IPA, London, Dec 2012, 2013

• Best Residential High-Rise Development, Asia Pacific – 2012, 2013, 2014

• Best High-Rise Architecture, Asia Pacific –2013, 2014

• Best Residential Landscape Architecture,Asia Pacific – 2014

• Best Residential Renovation/Redevelopment,Asia Pacific - 2014

• Best Interior Design Apartment, Asia Pacific – 2014

• Best Interior Design Apartment, India – 2013, 2015

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THE DESERVING TEAM

Design Architect - NEO Modern Architects, India

Landscape Architect - Belt Collins, Singapore

Structural Consultant - WSP Cantor, New York

Green Building Consultant - Godrej Construction, India

Wind Tunnel Consultant - BMT Fluid Mechanics, UK

Lighting Consultant - DHA Design Services, UK

31 prestigious awards includingThe International Property Awards,

London.

Actual images of the grand entrance lobby

World’s largest art installationat the grand entrance lobby.

Transcendence

Actual image

The most impressive and striking element of the grand entrance lobby is “Transcendence”, which is the largest art installation made with crystals in the world.

~2.6KM + LONG.

54000 +CRYSTALSSOURCED FROM ASFOUR CRYSTALCOMPANY, EGYPT.

“We have endeavored to create what will possess the qualities of timelessness and visual recall, an opulent piece that serves as a fitting welcome to the homes of the city’s finest.”

- Pronit Nath Designer of art installation

We thought we knew everything about luxury living. And then, we started learning a new chapter called One Avighna Park.

- Amit Munoth, Munoth Ornaments

This project is very unique and different from other developers. The safety and security has been taken care of very well for every residence in One Av-ighna Park. It truly is a work of passion and commitment.

- Nishant Sharma, Kedaara

CLIENTSspeak“

At One Avighna Park, houses are built with minds, each and every element of the design has been very minutely planned to ensure that there is no compro-mise on design and quality.

- Kirti Doshi, Antique Finance

All superlatives seem inadequate to describe this modern day residen-tial marvel. Aspirational and a dream home!

- Ketan Shah, Dhee Ambani Diamond

There is nothing they have not thought of... One Avighna Park seems to have everything a resident could possibly dream of having.

- Lalit Jain, Classic Ornaments

CLIENTSspeak“

TODAY’S CONCERN IN REAL ESTATE.

Around 77,460 apartments remain unsold in Mumbai, Thane and Navi Mumbai region, says a recent survey from property consultant JLL India. This raises the question: why real estate prices are not falling in Mumbai.

Ashutosh Limaye, national director (research) at JLL India, had an interesting observation to share: only 3.35 per cent of this inventory in Mumbai is actually completed or ready for possession.

“That means buyers who do not want to take the risks of construction delays or approvals delays and developer’s financial risk, have little projects to choose from. This is the answer why property prices are not coming down,” he said in an interview with NDTV Profit.

Mr Limaye also said buyers have shown a big change in their behavior towards property purchase.

He cited another factor why residential prices are not falling in Mumbai. “The inventory of 77,000 flats translates into 30 months of inventory, which is very high. But from a developers’ perspective, it will take will take 30 months anyway to complete the projects. That means by the time the developers are completing the project they are able to sell them,” he added.

Already in advance stages of completion,

One Avighna Park assures fitout

handover in 2015.

Source

Actual Rendering

THE TRUTHSTANDS TALL.

• 56 storeys completed in both the Towers • World-class amenities

• Vaastu compliant layouts

• Jain Derasar with separate access

• 7.62 mtr high landscaped decks with plunge pool in every Sky Villa

• 7 Star rating by CARE in the real estate category

CONSTRUCTIONUPDATES

READY FOR FIT-OUT HANDOVER IN 2015.

CIVIL WORK

• Structural work is complete up to 56th level in both Towers and internal finishing is 80% complete.

• Structural work of the swimming pools and the jogging track at the three level valley podium garden on level 8 and 9 is complete.

• Facade painting of Tower A with Sigma Paints (Holland) is complete up to 51st level.

• The building facade work is progressing steadily and will be completed shortly.

Actual image

INTERIOR DESIGN

• Exclusive drop off area at the main entrance is exquisitely done up and ready to welcome the guests.

• 80% marble flooring work in the Sky Villas is complete in Tower A and 60% in Tower B. • Granite work of deck railings has been completed up to 38th level of Tower A. • Dry balcony’s tiling work is done up to 48th level of Tower A; also 50% of the granite work is complete in this area.

• Flooring work of lift lobby is complete up to 34th level in Tower A and 38th level in Tower B. Also 50% marble dado work has been completed in lift lobbies of both the Towers.

• Overall fire safety system installation, including sprinklers and fire hydrants, has been complete up to 48th level of Tower A and B. • Light fitting installation from basement to 6th level podium has been completed. Apartment deck area light fitting is complete up to 38th level of both the Towers. • Water supply installations are completed in the internal toilets and kitchen, up to 48th level in Tower A and Tower B.

• Bus duct (an electric conduit) has been installed in electrical shafts of Tower A and B from basement panel room to 48th level for transmitting substantial electricity.

• Drainage pipes are installed and functional up to 48th level in both the Towers.

• Testing and commissioning of water tanks with piping is complete in both the Towers.

• All the mechanical, electrical and plumbing work of lift lobbies is complete up to 48th level in Tower A and, 38th level in Tower B.

• Fire fighting/water supply system with installations of pumps has been commissioned up to 38th level of both the Towers.

MECHANICAL ELECTRICAL & PLUMBING

Ground floor car ramp and parking

Actual Image of Swimming pool & Jogging Track Marble flooring in the Sky Villa bathrooms

Drop off area

Lift Lobby

Monorail

The Phase – II (Wadala – Sant Gadge Maharaj Chowk) works are at an advanced stage and expected to be ready by December, 2015.

THE LOCATION -PAST & PRESENT.

Lower Parel happens to be one of the fastest developing neighborhoods in Mumbai. The land of the cotton mills have been redeveloped into multi-storey buildings & shopping malls like High Street Phoenix

New Developments in Lower Parel :

and 5-star hotels like ITC Grand Central, Mumbai and the Four Seasons. The Mono Rail project passes through Lower Parel on the eastern side along Dr. Babasaheb Ambedkar Road.

LOWER PAREL HAS SEEN PROPERTY PRICE APPRECIATION IN EXCESS OF 8 TIMES IN THE PAST 4 YEARS.

The Bombay Canteen

An all day dining restaurant known for its European cuisine, located in Lower Parel. 5 min drive away from One Avighna Park.

One of the youngest & most dynamic British brands offering glamorous women’s clothing, shoes and accessories with exuberant colour schemes and beautiful design work. Located in Lower Parel. 5 min drive away from One Avighna Park.

The city’s highest night club, EXO, on level 37 of The Palladium Hotel, located in Lower Parel. 5 min drive away from One Avighna Park.

EXO

Aftershock London

Aftershock London

The Bombay Canteen

EXO

Disclaimer This newsletter is purely for information purpose and is not a legal offering, nor will it be part of any binding document. All images used are actual or renderings. The developers reserve

the rights to amend the number of floors, number of units, layouts, plants elevation, colour schemes, specifications and

amenities etc. without prior notice.

One Avighna Park

Mahadev Palav Marg, Lower Parel, Mumbai 400012

T +91-22-6115 6060 F +91-22-6115 6031

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