Arihant Superstructures, a notable name in the real estate market, is marking its debut in plotted development through its new project, “World Villas” in Chowk, Navi Mumbai.

An estimated INR 700 crores will be invested in this venture, encompassing a 76-acre township. The company’s plans, as revealed by Chairman and Managing Director Ashok Chhajer, include the delivery of 500 luxury villas and a 200-room resort.

The real estate firm will devote approximately 55 acres of land to building the luxury villas, primarily targeting first-time homeowners. The remaining land will be used to construct a gymkhana, club, and resort, creating a complete living environment for residents. This move to plotted development signals a strategic shift for the company, which has typically focused on affordable and mid-segment housing in Navi Mumbai and Jodhpur.

Slated for a Diwali 2023 launch, the new World Villas township will offer plots ranging from 2,000 to 3,000 square feet. Arihant Superstructures will also build a gymkhana, club, and hotel resort on 20 acres of land within the township. As part of the unique offering, buyers will have the option to commission the construction of their own villas.

In a bid to ensure exclusivity, the real estate company will adopt an invitation-only approach to sales, marking a shift towards a pull model, where potential buyers are drawn to the company rather than the company pursuing them.

Strategically located opposite ND’s Film Studio and near the Reliance Township, which houses the esteemed Dhirubhai Ambani Hospital and Hiranandani Fortune City in Panvel, the World Villas development promises not just luxury living, but also scenic views of the Bhilavle Dam and Prabalgad’s verdant landscapes.

In addition, the nearby area of Karjat offers attractions such as celebrity farmhouses, picturesque waterfalls, ancient forts, and mountain ranges.

With excellent infrastructure and facilities, including the operational Chouk railway station and a proposed Bhilavle railway station near the site, the World Villas project is well-connected to key locations. The addition of the ‘9 Aces’ 9-hole golf course academy further enhances the appeal of the township.

Residents of World Villas will also have access to a plethora of dining options, ranging from renowned restaurants to fast-food joints and roadside eateries.

Combining a hill-station climate, stunning vistas, excellent connectivity, and relatively short travel times to Vashi (45 minutes) and South Mumbai via MTHL (75 minutes), World Villas is poised to become an enviable destination for luxury second-home buyers.

  Arihant Superstructures, India, Maharashtra, Mumbai, Navi Mumbai, Real estate industry news