Over the years, Hiranandani Gardens has caught the attention of homebuyers due to its seamless connectivity, proximity to the airport and presence of startups. Notably, the location is also in proximity to the renowned educational institution- IIT Bombay. Considering such favourable aspects, the township has become a preferred residential destination for buyers and investors.
Hiranandi Empress Hill from the house of Hiranandani Developers is another uber-premium housing project, strategically located in the heart of Mumbai's business hub. Designed to perfection, Hiranandani Empress Hill is hub for luxurious lifestyle amenities, offering prime residencies in different configurations.
Want to know what defines luxury in Hiranandani Empress Hills? Let’s have a look at the project details first, including its unit configurations, pricing and payment plan.
Hiranandani Empress Hill: A premium residential address in Powai
Hiranandani Empress Hills is not just another residential destination; it's an address for individuals who stand above the rest in terms of accomplishments and personal tastes. It features a magnificent mix of 3 & 4 BHK spaces meticulously designed with a balcony, embodies modern living, thinking, and being superior. Launched in October 2023, the project comprises four wings with about 331 units. Its average per square feet price is around Rs 55,000, avers the channel partner. Empress Hill by Hiranandani Communities is an RERA-certified residential project, and its RERA registration number is P51800052633. To know more details about the project, check out the 99acres page of Hiranandani Empress Hill.
Let’s have a glance at the key facts about the project below.
Facts about Hiranandani Empress Hill | ||||
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Number of Towers | Construction Style | Number of Wings | Total Units | Number of Phases |
1 | G+20 | 1 | 331 | 1 |
Not just these, Hiranandani Empress Hill also comes with additional features, that are :
USPs of Hiranandani Empress Hill |
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Double-height entrance lobby |
High-Speed Internet through FTTH (Fibre-to-the-Home) service |
24/7 surveillance via CCTV cameras covering the main entrance, lifts and lobbies |
Part of Hiranandani Gardens, a 250-acre plus township having two schools, three clubhouses, one hospital and one supermarket |
Floor lobbies, high-speed elevators, mechanised car parking and some other key facilities in the project. |
Furthermore an exclusive highlight about Hiranandani Empress Hill is that it is the first project in Hiranandani Gardens township to offer rooftop amenities such as:
- Swimming Pool
- Gymnasium
- Landscaped Gardens
Upon knowing the key details of the project, it's time to find out the pricing of a residency at Hiranandani Empress Hill as well as the payment plan.
Hiranandani Empress Hill: Price, Payment plan and Floor plans
The 3 BHK and 4 BHK balcony apartments at Hiranandani Empress Hill epitomise comfort and luxury, making them the perfect haven for those who appreciate life's finer things. For a quick check, have a look at pricing of the units, followed by the details on the construction-linked payment plan.
Property Price in Hiranandani Empress Hill | ||
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Configurations | Price | Carpet Area |
3 BHK | Rs 4.3-5.5 crore | 1050-1330 sq ft |
4 BHK | Rs 8.9-9.2 crore | 1530-1580 sq ft |
Payment Plan for Hiranandani Empress Hill | ||
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Sr.No. | Details | Payment Due |
(a) | Advance Payment or Application Fee | 10% |
(b) | On or before (.) | 5% |
(c) | On or before (.) | 5% |
(d) | On Completion of Plinth | 10% |
(e) | On Completion of 4th Floor Slab | 5% |
(f) | On Completion of 8th Floor Slab | 5% |
(g) | On Completion of 12th Floor Slab | 10% |
(h) | On Completion of 16th Floor Slab | 10% |
(i) | On Completion of 20th Floor Slab | 10% |
(j) | On Completion of Terrace Slab | 10% |
(k) | On Completion of OH Tank Top Slab | 10% |
(l) | On receiving Occupation Certificate | 10% |
TOTAL | 100% |
Under the construction-linked payment plan, a buyer has to pay a specific percentage of the apartment cost each time a section of the project gets completed. However, these units include six percent stamp duty for male ownership and five percent for female ownership. Also, the registration charges are one percent of the transaction value.
Now let’s dive into exploring the facts about Hiranandani Gardens, which makes it a perfect residential destination backed with all lifestyle social amenities, and infrastructure.
Hiranandani Empress Hill: Overview of Hiranandani Gardens
Hiranandani Gardens, a premium residential location in Central Mumbai Suburbs, is also an employment hub with the presence of startup companies, BPOs and banking firms. The township is also in proximity to the Indian Institute of Technology (IIT) Bombay. It also possesses ample greenery in the form of parks and gardens, such as Nirvana Park, Heritage Garden and Hiranandani Gardens.
Furthermore, Hiranandani Gardens is rated 4.6 on a scale of five by the current residents, former residents and tenants on the 99acres Ratings and Reviews platform. Sound connectivity via roadways, railways and airways is another positive aspect of buying a property in Hiranandani Gardens. Here’s how Hiranandani Empress Hill is connected with some of the key landmarks:
- The Chhatrapati Shivaji Maharaj International Airport is at a distance of just seven km via Andheri-Kurla Road
- Only four km from the Kanjurmarg Railway Station Line of Mumbai Suburban Railway network
- The Eastern Express Highway (five km away) offers robust connectivity to other parts of the city
- Lal Bahadur Shastri (LBS) Marg and Jogeshwari Vikhroli Link Road (JVLR) are key roads passing near the locality
- Saki Naka Station, located on the Versova-Andheri-Ghatkopar Metro Line, is the nearest metro station to Hiranandani Empress Hill at around five km distance
- Prominent commercial hubs, such as Santacruz Electronics Export Processing Zone (SEEPZ) and Bandra Kurla Complex (BKC) are within a radius of ten km
Additionally, the planned infrastructure like Powai Lake Station and modernisation of the prominent Kanjurmarg Railway Station is further expected to increase the investment value of Hiranandani Greens.
Notably, Hiranandani Gardens is also equipped with sound social infrastructure, making it a popular residential hub, especially among premium homebuyers. The presence of numerous schools, hospitals, shopping centres and tourist spots around the locale makes it easier for residents to access these essential utilities within a convenient distance.
Social amenities around Hiranandani Empress Hill | |||
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Educational Institutions | Hospitals | Shopping Centres | Tourist Spots |
HFS International School | Dr L H Hiranandani Hospital | Galleria Mall | Powai Lake |
Hiranandani Foundation School | Powai Polyclinic and Hospital | Powai Plaza | Forest Park |
Podar International School | Nihal Nursing Home | Heera Panna Shopping Centre | Jogeshwari Caves |
IIT Bombay | Nirali A M Naik Charitable Health-Care Facility | Haiko Mall | Mahakali Caves |
IIM Mumbai | Aastha Hospital | R City Mall | Snow Kingdom |
Check out the detailed residents’ reviews of Hiranandani Estate here.
So far, we have gained information about the kind of lifestyle Hiranandani Gardens offers, the connectivity standards and reviews by the residents. However, do you feel the above information is enough to come to a decision? Here’s a look at how the location prices have fared over the last five years and upcoming developments to watch out for.
Hiranandani Gardens: Price trends
The average price of properties in Hiranandani Gardens is Rs 42,950 per sq ft. The price appreciation for properties In Hiranandani Gardens has been approximately five percent during the last year. The growth rate is similar in the last five years as well.
Property price appreciation in Hiranandani Gardens | |||
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Average Price | Last 1 year | Last 3 years | Last 5 years |
Rs 42,950 per sq ft | 5% | 8% | 5% |
Disclaimer: The above price trends and average property prices are based on the listings posted on 99acres in October 2023.
Due to sound social infrastructure, excellent connectivity standards and upcoming infrastructural growth, the realty sentiment in Hiranandani Gardens is likely to improve in coming years. Because of this, the locality might also witness healthy price appreciation. However, if you wish to invest in Hiranandani Empress Hill, consider having frequent site visits, check all the legal and financial approvals carefully and take the advice of a property consultant before making a move.