Thane’s new luxury benchmark: Rustomjee’s ‘Verdant Vistas’ promises Rs 1,750cr GDV

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The Rustomjee Group, a prominent name in Mumbai’s real estate sector, has officially launched its latest luxury residential project, Verdant Vistas, in Thane. In collaboration with Keppel, this upscale development is projected to achieve a Gross Development Value (GDV) of approximately INR 1,750 crores. The project aims to redefine opulent living by seamlessly integrating Thane’s natural beauty with modern conveniences, setting a new standard in luxury residential spaces.

Verdant Vistas: A Benchmark in Luxury Living

Rustomjee Group’s Verdant Vistas represents the company’s foray into Thane’s luxury real estate market, expanding its portfolio that previously included projects like Urbania for affordable homes and La Vie and La Familia for aspirational buyers. The new development features two residential towers: Tower A, comprising 176 flats, and Tower B, housing 264 units. It addresses a market gap by offering spacious 4BHK apartments, with sizes ranging from 1750 to 2250 sq. ft., and 3BHK units varying from 1100 to 1300 sq. ft. Each residence is designed to maximize living space with expansive decks that provide uninterrupted creek views.

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Rustomjee Group's new luxury project 'Verdant Vistas' in Thane, with a projected GDV of INR 1750 Crores.
Rustomjee Group’s new luxury project ‘Verdant Vistas’ in Thane, with a projected GDV of INR 1750 Crores. Photo courtesy of Business Wire India.

Amenities and Design

The Verdant Vistas project includes over 25 luxury amenities spread across three floors. These include a swimming pool, gymnasium, amphitheatre, children’s play area, clubhouse, and a dedicated space for senior citizens. The design incorporates Thane’s natural terrain, integrating hills, valleys, and other local features to create a serene living environment. The project also introduces Ullas Creek, a dynamic water feature intended to enhance the surroundings and symbolize development and transformation.

Singapore-based landscape consultant Coen has meticulously designed the landscaping to harmonize with the natural environment, while MOD Architects and Hafeez Contractor have contributed their expertise to elevate the project’s architectural and design elements.

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Strategic Location and Community Benefits

Strategically situated in Thane, Verdant Vistas offers residents excellent connectivity to Mumbai’s major social and infrastructural amenities. The 127-acre township is well-connected to schools, retail areas, and public transportation networks, ensuring ease of commuting. The inclusion of a spiritual center enhances the community’s cultural experience, contributing to a holistic lifestyle.

Customer Experience and Sustainable Development

As part of the launch, Rustomjee Group has unveiled a state-of-the-art Customer Experience Center in Thane. This facility allows prospective buyers to explore the project’s unique features and amenities through personalized tours and expert guidance.

Rustomjee Chairman & MD, Mr. Boman Irani, expressed enthusiasm about the project, highlighting its luxurious space, large sundecks, and green views. He emphasized the company’s commitment to sustainability, including energy-efficient systems, eco-friendly materials, and green spaces.

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Mr. Ho Kiam Kheong, President (India) of Keppel’s Real Estate Division, noted the strategic partnership with Rustomjee and the expected impact of Verdant Vistas on setting new benchmarks in luxury living for the region.

Future Prospects

Thane’s strategic location, bridging Mumbai and Navi Mumbai, along with enhanced transport infrastructure like the Thane-Diva-Kalyan metro extension, positions Verdant Vistas as a key player in the region’s real estate market. The project’s blend of luxury, convenience, and environmental consciousness is set to attract discerning buyers and further solidify Rustomjee Group’s leadership in the industry.


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