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Oberoi Realty recently introduced Forestville, an opulent residential undertaking situated in the Kolshet precinct of Thane, in proximity to Mumbai. Encompassing a sprawling 18 acres, this development comprises five residential towers, primarily featuring 3 BHK apartments with an initial price of Rs 1.87 crore, as delineated in the official proclamation from the company. The inaugural phase of this undertaking, encompassing three towers, has been formally launched. Apartments within Forestville will predominantly consist of expansive three-bedroom apartments, commencing at 1,090 square feet and commanding a starting price of Rs 1.87 crore. Forestville, deriving inspiration from the design principles of 'biophilia,' aspires to orchestrate an environment seamlessly intertwining nature with urban living. This conceptualization incorporates elements of air, water, light, and nature, elucidated by the company. The project prides itself on the inclusion of verdant spaces, water features, and a design ethos firmly entrenched in eco-consciousness. Oberoi Realty posits that the specific product offering of 3 BHK apartments, with a concentrated focus on this select market segment, will resonate effectively with prospective purchasers. This strategic choice aligns seamlessly with the company's commitment to delivering a product precisely attuned to the demand dynamics prevalent within the Kolshet market. Forestville stands as a testament to Oberoi Realty's strategic acumen, seamlessly blending market insights, architectural innovation, and an unwavering commitment to addressing the evolving preferences of the discerning homebuyer. In his discourse, Oberoi expressed confidence in the continued upward trajectory of the real estate market, attributing it to the surging demand for established brands, spacious apartments, and the persistent desire for homeownership. Anticipating robust demand in the retail sector, he attributed it to the festive season and heightened consumer confidence.
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