Juhu Tara Road
Asha Parikh na banglow : The below subject is for the family name

Late Mr. Nasarwanjee Seevai

Late Mrs Meherbanu N. Seevai..

Property at Juhu Tara road koliwada lane.Mumbai.
Plot area 3570.60 Sq.mts.

CTS no 1070..1070/1 ..1070/2.
Probate dated Bunglow available for sale at Juhu, Vile Parle West, Mumbai

“Mehrabad”/ “Juhu Sagar”

H.B. Gawde Marg, Santacruz Town Planning Scheme II, Juhu Koliwada,

Admeasuring Total 3,571/- sq. mtrs. bearing C.T.S. No. 1070, 1070/1 &1070/2, Mumbai - 400054.

1) TOTAL AREA : 38,400 sq ft.

2) SEA FRONTAGE : Running 220 feet.

3) EXISTING STRUCTURES-
There are 3 Structures on plot

4) DEVELOPMENT POTENTIAL :
a) FSI of 1 is guaranteed
b) However, as per new CRZ Norms, TDR is loadable on the said property and hence the FSI shall come to *2.7*. Existing passage is 6 meters . Additional 3 meters can be purchased from the adjacent plot on appropriate compensation. The same shall thus become 9 meters as required under the law for loading TDR.

5) POSSESSION
There are two tenants-
One in occupation of 2500 sq. ft. of the ground floor of one structure and another occupying 1200 sq. ft. of side structure.
The rest is in the possession of the owner.

6) TITLE -The title is clear and marketable and vests with a single owner.

Asking Price 375cr Nego

7) PROPOSAL -
a) Registered Conveyance of Title on payment of agreed compensation.
b) The tenants can be settled separately.
c) The additional 3 meter from the adjacent plot can be purchased separately for loading TDR.
d) Pending litigations with respect to the said property were finally determined and settled by an order of the Supreme Court in 2019. Hence, there are no impediments in the title of the said property.
e) Thus property will be available with clear marketable title and vacant and peaceful possession.




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