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Sternon Group, Dubai-based real estate developers, builders and promoters, has entered Mumbai’s booming real estate market with a Rs1,200 crore mega-project on the Mumbai-Pune Express Highway near the proposed New Mumbai International Airport in Panvel.
Spread across 400 acres, the project named ‘Magic Hills’ is a residential and commercial township, of which the 250-acre residential portion offers row-houses and individual and twin bungalows, with world-class amenities as well as recreational, retail and educational facilities designed to meet the sophisticated tastes of NRIs worldwide.
Sternon Group, which has customers in 28 countries, is marketing the project in international markets, including the Gulf, following an exclusive global marketing tie-up with Garnet Construction Ltd, a public listed Indian real estate developer.
“New Mumbai is a red-hot area for real estate investors for two reasons,” said Hussaini F. Nalwalla, Managing Director, Sternon Group. “Firstly, New Mumbai has been hailed as one of the world’s best master-planned cities, and secondly, the green-field New Mumbai International Airport is set to give a major boost to the area.”
Sternon has developed and marketed high-end properties in different parts of the world, including the United States, the United Kingdom and the UAE.
For more information on Real Estate Agents, MLS visit Propertiesmls.com
Source: IndiaRealEstateblog
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