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Prescon Group and the esteemed House of Hiranandani have unveiled 'Belicia', a luxurious residential project in Thane. Spanning 1.5 acres, this grand 48-storey tower is set
to redefine elegant living in the region, with a RERA possession date set for June 2028. Situated near Nitin Company Junction, 'Belicia' occupies the prestigious Nitin Company Compound, akin to the Malabar Hill of Thane. The proposed project, a collaboration between Prescon Group and House of Hiranandani, promises convenience with robust local transport, esteemed schools, renowned hospitals, and popular amenities nearby.
'Belicia' offers luxurious apartments ranging from 2 to 4 BHK configurations, with carpet areas starting from 779 sq ft to 1546 sq ft, priced from INR 1.85 crore onwards. Each apartment features marble flooring in living, dining, and bedroom areas, coupled with spacious decks, ample natural light, ventilation, and select units with foyer areas for added privacy. Residents can enjoy panoramic views of the city and serene Yeoor Hills, with the first habitable floor commencing from the 7th level.
Vedanshu Kedia, Director of Prescon Group, expressed excitement about the collaboration, emphasizing 'Belicia's' promise of a complete lifestyle, thanks to its prime location, exceptional connectivity, and appreciation potential.
Designed to blend modernity, luxury, and serenity, 'Belicia' boasts a myriad of amenities catering to residents' needs, including a clubhouse, swimming pools, jogging tracks, sport courts, children's play areas, and a gymnasium. Positioned in Thane West's Panchpakhadi, the project benefits from its proximity to essential services, major transport hubs, and the 'Walk to Work' concept with corporate parks within a 1.5 km radius.
Belicia in Panchpakhadi, Thane, holds prestige due to its strategic location near the Eastern Express Highway, Thane Railway Station, and upcoming Metro Line 4. Its rapid infrastructure development and connectivity make it highly desirable for residential and commercial real estate, positioning it as a top address in the region.
Panchpakhadi in Thane (W) has witnessed better price appreciation and rental yields compared to other micro markets of Thane. This is attributed to its limited housing supply and enhanced infrastructure. With ongoing urban development initiatives, the area offers attractive investment opportunities, with the real estate market expected to appreciate over time.
Thane's inclusion in the National Smart Cities Mission, coupled with its proximity to Mumbai and surrounding areas, makes it an appealing residential and investment destination. 'Belicia' is set to be a symbol of luxury and a smart investment in the Mumbai Metropolitan Region (MMR), offering residents a vibrant upscale lifestyle.
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