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Arbour Invests Rs 50 Crore In 'The Altitude' Mumbai's Sky-Loft Project

Arbour Invests Rs 50 Crore In 'The Altitude' Mumbai's Sky-Loft Project

BY Realty Plus
Published - Thursday, 08 Aug, 2024
Arbour Invests Rs 50 Crore In 'The Altitude' Mumbai's Sky-Loft Project

In a landmark move set to redefine the living standards of South Mumbai, Arbour Investments, India’s premier investment firm in the real estate sector, has announced a significant debt engagement with the VDV Group for a high-profile development project known as "The Altitude." This ambitious project is set to rise in Tardeo, South Mumbai, with an investment commitment of INR 50 crore. Strategically positioned opposite the iconic Imperial Towers on Main Tardeo Road, The Altitude is poised to become a new landmark in the area.

The Altitude promises a unique blend of luxury and convenience, featuring not only residential units but also commercial shops and a dedicated car parking tower. The project is designed to cater to the elite of South Mumbai with extravagant amenities such as an infinity-edge swimming pool overlooking the prestigious Wellington Club, a terrace barbecue pavilion, a sky lounge with a star-gazing area, and more. This 41-storey architectural marvel is the brainchild of a renowned luxury brand hotel designer, ensuring that every aspect of the building exudes opulence and modernity.

The project is located on Ratan Tata Road in Tardeo, a prime area known for its proximity to key commercial and social hubs. This investment reflects Arbour Investments' strategic vision and commitment to lucrative opportunities. The partnership between Arbour Investments and VDV Group leverages the strengths of both firms: Arbour's expertise in real estate investments and development, and VDV Group's extensive experience in construction.

VDV Group, a name synonymous with excellence in the real estate industry, brings its professional track record and substantial experience to the table. The developer has previously worked on a variety of projects across Mumbai, including Bhandup, Kurla-Nehru Nagar, and Thane, covering nearly 800,000 square feet of delivered area. The company has also successfully delivered 300 homes in affordable housing projects in the Mumbai Metropolitan Region (MMR).

Situated near the Haji Ali junction and the recently launched Western Coastal Road, The Altitude's location is ideal, providing easy access to commercial hubs like Lower Parel and Bandra-Kurla Complex (BKC). Additionally, it is close to established social infrastructure and entertainment hotspots such as Kamala Mills and Palladium Mall, making it a dream project for both residents and investors.

 

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