Kamanwala Manavsthal Malad West : Good Neighborhood, Attractively Priced
The Construction work is going on in full swing at the project. This is growth oriented & affordable housing project. The project has land cost of Rs.33.30 crores for the development of 2,03,000 sq. ft. area. Barring unforseen circumstances, the construction work at the project expected to be completed by March, 2013. The Project is being developed into spacious flats for those people who value space and prefer high standard of living. The project is expected to generate a good deal of revenue and profit for the company's further progress & expansion.
Kamanwala Manavsthal Address:
New Mahakali Nagar, Behind TATA Power, Malad-Marve Road, Malad West, Mumbai, Maharashtra, INDIA.
During the early eighties the promoter of KHCL perceived a dire shortage of housing in Mumbai. The construction sector was characterized by unethical practices with the end consumer getting a raw deal from builders and developers. Thus Kamanwala Housing Development Finance Company undertook both to construct low cost housing and to finance it at nominal rates. The company built Attar Apartments and Kamanwala Nagar at Virar under this program.Apart from this the company also acquired some old buildings and tenements. These buildings were repaired and renovated. The ownership rights were then transferred to the tenants at reasonable rates. The projects were not only viable but also profitable for the company as the buildings were acquired at economical rates. Moreover the conversion of tenancy to ownership at affordable rates appealed to many tenants and the company received an encouraging response.One of the first such projects was the well known Kamanwala Chambers at Fort Mumbai. Formerly Advani Chambers this commercial building was converted in 1985. Kamani Chambers at Ballard Estate is another building which was taken up for renovation and conversion of tenancy to occupancy. Currently the renovation and conversion of Vallabh Terrace at Opera House Mumbai is under progress.The name of the company was changed to Kamanwala Industries Limited in January 1995. The company entered the production of steel ingots to cater to its own construction requirements. The company doest not undertake this activity any longer.From the low cost housing projects it started out with the company has now transitioned to executing prestigious projects of high quality in prime locations. The projects that the company has planned to executive in the future are characterized by larger areas being taken up for development than has been the case in the past. The company has now changed its name to Kamanwala Housing Construction Limited to reflect the focus on its core activity construction.
The Project has 6 Security amenities, 5 Basic amenities, 2 Kids amenities, 2 Health and Sports amenities, 2 Environment-friendly amenities, 1 Convenience amenities, and 1 Leisure amenities
The Project is far from Bus Stops, Metro Stations. It has access to Roads like Western Express Highway and Hospitals like BMC Veternary Hospital and Cattle Shed. This project is recommended for people whose work place is closer to the project
The Project is situated in posh location with access to Malls, Workplaces. etc. It has access to Schools like Maniadevi Bajaj International School and Parks like Joggers Park and Malls like Infiniti Mall and Super Markets like Dedhia Hub for Men and Workplaces like DLH Park