x-post.

RAHEJA universals first project in southindia will be launched on 28 march, at first they will be launching 2 tower blocks atlantis and pacific- 23 flrs , more taller blocks will be launched later

RAHEJA S mega project which is launching on monday will be launched on a grand scale they hav roped in sunil shetty as one of the brand ambassadors. intially launching 2 blocks the whole project consists of 10 blocks with the last blocks going to be 45flrs.
these towers will hav beautiful views of northern suburbs of mangalore as well as airport, harbour, MRPL and not to forget the beautiful sea.

http://www.rahejauniversal.com/Residential/Waterfront/images/Waterfront_03.jpg

Raheja Universal Ltd. Launches luxury apartment Raheja Waterfront

Mangalore Today News Network

Mangalore, Mar 26: Raheja Universal Ltd. (RUL), one of India’s leading real estate companies launched Raheja Waterfront, a luxury residential complex in Mangalore. Interacting with reporters at a press conference held at Hotel Gold Finch on March 26, Saturday, Mr. Prakash Shetty, the managing partner of Asha Builders and Developers, said that this project is a joint venture of Asha Builders and Developers and Raheja Universal Ltd.

http://www.mangaloretoday.com/uploaded/raheja%20apartment%20meet%20mar%2026%208.jpg

http://www.mangaloretoday.com/uploaded/raheja%20apartment%20meet%20mar%2026%206.jpg

http://www.mangaloretoday.com/uploaded/raheja%20apartment%20meet%20mar%2026%205.jpg

Raheja Waterfront is conveniently located off Chitrapura Beach in Kulai along the NH 17 stretch between Suratkal and Mangalore. The bhoomi pooja will be held on March 28, Monday at 5:00 p.m., he said. Dr. V. S. Acharya, the minister for higher education, will be the chief guest of this event, which will be blessed by Shri Vidyavallabha Teerth Sripada of Chitrapura Mutt.

Mr. Shetty also said that Raheja Waterfront will feature ample car parking, tall pent houses, private open balconies for master bedrooms and living rooms, excellent connectivity, modern services, and state-of-the-art security systems.

Ashish Raheja, the managing director of Raheja Universal Ltd., said that Raheja Universal has entered into a joint development with Asha Builders and Developers in a bid to bring luxury to the doorstep of Mangaloreans.

The highlight of the press meet, Bollywood actor and brand ambassador of Raheja Waterfront Sunil Shetty, said that this project is close to his heart and that being the brand ambassador is just one aspect of his association with Raheja Waterfront.Speaking about his fondness for Mangalore, he said that he has a strong bond with the coastal city and believes that this project has all the attributes to redefine premium living. He also said that he loves visiting his janmabhoomi for various reasons.

Source (http://www.mangaloretoday.com/mt/index.php?action=mn&type=2851)

Raheja's Waterfront to keep in mind middle, salaried class

Mangalore, Mar 26 : Raheja Universal Limited (RUL), one of the leading real estate companies in India, today announced its entry into this port city of Mangalore by launching 'Raheja Waterfront', a luxury residential complex.


Announcing this at the joint press conference here today Mr.Ashish Raheja, Managing Director of RUL and Mr K Prakash Shetty, Managing partner of Asha City Builders and Developers who is joint partner of Raheja Waterfront said the residential complex, conveniently located off the Chitrapura Beach in Kulai on National Highway 17 connecting Mangalore and Suratkal, will come up on a 50 acres of land.

Mr Shetty said at the initial stage, two towers of 22 floors with two and three bedrooms will be completed in 24 months.
The entire project would cost Rs 1200 crore with 2500 units to be completed by 2016.

The entire project is designed for 35 floors and keeping in mind the middle and salaried class.

The initial offer is made at Rs 2900 per sq ft, he said.

Replying a query, Mr Shetty said that the company had got all clearances and approval including No Objection Certificate (NOC) from the authorities of CRZ (Coastal Regulation Zone) and Mangalore City Corporation (MCC).

He said that the project had received 'good response from the public, especially from those working in banks and officials working in other establishments.' Mr Raheja said the foundation laying ceremony of the residential complex will be held on March 28.

He also announced Bollywood Star Sunil Shetty and his wife Mana will be associated as brand ambassador for Raheja Waterfront.

Mr Sunil Shetty, who was present while welcoming Mr Raheja to his hometown Mangalore said Mr Raheja was known for perfect blend of professionalism and excellence.

''I am proud to associate myself as brand ambassador of Raheja,'' he added.

UNI (http://www.newkerala.com/news/world/fullnews-176755.html)

So initially 2 X 22 floors and then 8 X 35 floors ?

Oh wow, now this includes 45fl towers.

And here's a larger render -

http://img291.imageshack.us/img291/8650/waterfront2.jpg

http://www.deccanheraldepaper.com/pdf/2011/03/27/20110327q_003100004.jpg

Thankyou India101 for the large render.Nothing much is known still 2X22 floors in the first phase and the rest?How many would be 35 floors and how many would be 45 floors?BTW Avinash updated us on this project even before media did.SSC Rocks!Thanks for the info Avinash.Have to wait for the foundation stone laying event and our doubts will get clear then.

http://i51.tinypic.com/2mmcuue.jpg

Deccan Herald

Raheja Universal plans residential project in Mangalore

Mangalore, March 27:
Raheja Universal Ltd, in association with the Mangalore-based Asha City Builders and Developers, will launch a luxury residential complex – Raheja Waterfront — in Mangalore on March 28.

Addressing presspersons here on Saturday, Mr Prakash Shetty, Managing Partner of Asha City Builders and Developers, said that the project will come up on 45-acre land near Chitrapur beach in Mangalore.

The project will provide nearly 50 lakh sq ft of built-up residential area in Mangalore. Nearly Rs 1,200 crore will be invested in the project, he said.

To a query, Mr Shetty said that the entire project will be completed in five years. In the first phase, there will be two towers of 24 floors each. These towers will be completed in two years, he said.

Mr Ashish Raheja, Managing Director of Raheja Universal Ltd, said that the cine actor Suneil Shetty and his wife Mana will be associated with the project as brand ambassadors for Raheja Waterfront.

The project will be one of the gated communities in Mangalore, he added.

Launching the brochures of the project, Mr Suneil Shetty said that Mangalore is his birthplace and he shares a strong bond with the city.


The Hindu Business Line (http://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/article1577003.ece)

http://www.deccanheraldepaper.com/pdf/2011/04/08/20110408rB002100005.jpg

http://www.rahejauniversal.com/Residential/Waterfront/Waterfront_Building_Elevation-Atlantic.html

Atlantic and Pacific blocks -piling works are going on.

I am eagerly waiting for 45 floors block,splendid it will be,once completed just imagine what will be the view from 45th floor:cheers:
By then in Mangalore there is a possibility of 60 floor highrise planning by some top group builders:nuts:
Mangalore rocks,its way ahead than other cities in many aspects,but the only drawback is population:bash:

Location map (http://www.affinityconsultant.com/property/mangalore-property/raheja-waterfront-kulai-mangalore/782.html)

http://img513.imageshack.us/img513/4261/1868247943.jpg (http://imageshack.us/photo/my-images/513/1868247943.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

Source: Detailed pdf (http://www.affinityconsultant.com/upload_image/project/pdf/2013797229.pdf)

Larger render.

http://img607.imageshack.us/img607/1584/unledrxz.jpg (http://imageshack.us/photo/my-images/607/unledrxz.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

Atlantic or Pacific
S+23 floors.

http://img266.imageshack.us/img266/6899/capturesv.jpg (http://imageshack.us/photo/my-images/266/capturesv.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

Master plan

http://img830.imageshack.us/img830/7295/42517011.jpg (http://imageshack.us/photo/my-images/830/42517011.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

There is a road from Chitrapura beach to Hosabettu beach about 3km which runs on sea shore.Mcc should develop this road.So that it can have many such projects.It may boost tourism and can have a beautiful skyline in future.:):)

Master plan

http://img830.imageshack.us/img830/7295/42517011.jpg (http://imageshack.us/photo/my-images/830/42517011.jpg/)

Uploaded with ImageShack.us (http://imageshack.us)

can you see the project from the NH?

can you see the project from the NH?

Yes ajay,it is hardly 500m away from NH.It is not as close to sea as they appear in Renders. Metal sheets (used as Barricades) are put up around whole Land which extends till NH.

What is the progress of this project??
Any updates??
They should start the 45 floors block,this can bring some other competative builders who will go for higher like 50-60 floors:)
I am eagerly waiting for such highrises on Mangalore skyline.
Mangalore due to its topography,these marvels will look awesome.
Mangalore will cruise ahead of other tier 2 cities in the south if taller structures start realising.
I am sure Mangalore will attract more highrises,as Mangalore is going vertical.
Mangalore is another Mumbai in making,which is full of highrises:cheers:

Went to see the progress.It is a large plot nearly a km distance from this end to that end.Digging works going on for foundation.

Went to see the progress.It is a large plot nearly a km distance from this end to that end.Digging works going on for foundation.
Hi akhilesh is this project very near to the seashore as seen in the render??

Yes suj .it is around 300m away from seashore and same from highway

^^ It is more than 500 meters away. Otherwise it might not have got CRZ clearance.

Can someone get us its site pics?Avinash?

What are these big builders afraid of? Why don't they update site pics?

I THOUGT of taking a pic.But there was a big board of photography and videography strictly prohibited and watchman sitting in gate.so was afraid:nuts::)

Yes photography is not allowed inside their premises . but work is going on smoothly.

Yes photography is not allowed inside their premises . but work is going on smoothly.

Akhilesh can you describe what you saw at the site?:)Avinash any highrises nearby? :P

There were two big machines(i don't know the name, same used for digging ground for flyovers.)Digging ground near the chitrapura beach road.I think first 2 blocks are rightmost of their render.
There is a beautiful stream flowing in the center of plot.Hope they don't fill it.

I had been to this place many times years back.This area was usually filled up with water and water plants.now whole plot looks filled with mud.

Could see only this much in the gap of gate. and over the barriers.

No any highrises nearby as one side it is highway and Baikampady industrial area. another side higrises are coming up near honnekatte, hosabettu. third side it is sea.:)

Any updates on this project??

It is still in the basement level or foundation but not more than that. We can clearly see this one easily from highway once it reaches 3 floors.

It is still in the basement level or foundation but not more than that. We can clearly see this one easily from highway once it reaches 3 floors.
Interesting times for mangalore...mumbai developer with mumbai ambitions..

anyone have an idea of what would be the likely price ?

At present they are giving at an offer price for 3300/sqft. interested in buying?

At present they are giving at an offer price for 3300/sqft. interested in buying?

Can look at it if u can share more detail. However,
Isn't that a lot ? especially if work is just started and with supply of so many flats being such a large development ?

No progress in work.Still in basement level.:bash::ohno:
Our local builders are more punctual than these biggies.:cheers:

Raheja Universal - Turning Mangalore into Luxurious Lifestyle Destination (http://www.daijiworld.com/news/news_disp.asp?n_id=146211)

Mangalore, Aug 8: The vibrant coastal city of Mangalore, which has been described as one of the fastest growing tier II cities of the country, is also rated as the second-fastest growing Indian city in terms of real estate boom. Mangalore is also touted as the fastest growing non-metro in South India. Naturally various developers from all over the country have evinced keen interest in this port city heralding a sea change in its real estate scenario. Its scenic and serene beauty coupled with low pollution and population makes it an ideal location for settlers and realtors.

http://www.tvmangalore.com/images1/mel_080812_flat2.jpg

http://www.tvmangalore.com/images1/mel_080812_flat3.jpg

http://www.tvmangalore.com/images1/mel_080812_flat4.jpg

http://www.tvmangalore.com/images1/mel_080812_flat5.jpg

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http://www.tvmangalore.com/images1/mel_080812_work2.jpg

http://www.tvmangalore.com/images1/mel_080812_work3.jpg

Mangalore which has the right combination of modernity and traditionalism has already attracted many leading MNC’s IT/BT giants and real estate companies of high standing. Real Estate pantheons Raheja Universal is one such real estate bellwether in the country which is making its foray into the South, from Mangalore to start with, with its landmark luxury residential project “Raheja Waterfront”. There are enough indications to signify that this magnificent project from the house of Raheja Universal is likely to emerge as the new landmark in the skylines of Mangalore and is sure to give Mangaloreans a slice of what luxurious and natural living is all about.

Raheja Waterfront, a joint venture of Raheja Universal and Asha City Builders and Developers, is coming up at in Kulai, Mangalore, to the west of Chitrapura beach in a vast expanse of 45 acres of land. It is a 23 storey project offering spacious 2, 3, 3 ½ and 6 BHK apartments complete with ambrosial penthouses. Due to its strategic location on NH 66 (earlier NH 17), the area is easily accessible from Mangalore International Airport as well from the heart of Mangalore city with just 15 minutes drive. The residents will enjoy close proximity to necessary amenities like educational institutions, hospitals, shopping malls, railway station and other commercial spaces. MRPL and Mangalore SEZ are also located in close proximity of the project. The New Mangalore Port, which is India’s 9th largest port in terms of cargo handling and which handles 75% of India’s coffee exports, is just at a distance of 5 minutes drive from this site. Yet it is away from the maddening hustle-bustle of city life and will be a perfect abode for those desirous for comfy living in idyllic environs.


Amenities Aplenty

What is more! An apartment at Raheja Waterfront which comes with hoards lavish luxuries, starts at an affordable budget of Rs. 40 lakh onwards, a budget within the reach of many middle and upper middle class families. Apparently, Raheja Universal is targeting people who are aspiring to possess and enjoy sea-facing apartments including 2nd and 3rd generation Mangaloreans settled in different parts of the globe for a living. According to company sources, the project has received overwhelming response not only from Mangaloreans but also from those settled in Mumbai, Bangalore and in Gulf countries which shows that Raheja Universal is treading in the right path in reaching out to its target clients.

It is the location of the project that gives it the tag of exclusivity. The project is a perfect coalesce of nature’s pristine beauty and ultramodern amenities, to give the residents a delightful experience of living in heaven on earth. Having an abode with a sea-shore view and the unruffled environs is a dream for many but with Raheja Waterfront it is going to be a dream come true. The residents of Raheja Waterfront can wake up to the amazing experience of watching the blue waters of Arabian Sea and the crystal white sands of Chitrapura Beach. Apart from these benefits it also must be noted that sea-view properties across the globe are most sought after and are in great demand. This eventually means the investment in these apartments assure better returns to the investor vis-à-vis non sea-view properties.

Needless to say for the residents of Raheja Waterfront it is going to be lifelong affair with nature at its immaculate best amidst loads of luxury at every step. The milieu is going to be the perfect antidote for the stressed minds and tired bodies. The location of the flats boasts of one of the finest beaches along the Indian coast comparable to those in cities like Miami, Singapore and Dubai. There cannot be a better way to give a perfect start to the day than to have a good walk at the beach, which is sure to work wonders both for the body and mind!

Cutting Edge Project

To perfectly compliment the milieu of the location Raheja Waterfront apartments and layouts have been designed by visionary architects who have used their years of experience & expertise to good use to come out with designs aimed at ensuring comfortable living. Every project of the company bear the unique stamp of the brand called “Raheja Universal”, the other name for excellence, exquisiteness and exclusivity when it comes to apartments. Living in these apartments gives the residents the cutting edge they have been looking for. These apartments have been provided with private balconies giving an opportunity for the residents to soak in the pleasures of watching the soothing and refreshing blue waters of the Arabian Sea and its cathartic charm.

It is the hallmark of Raheja Universal that it is endowed with ample breathing space in its apartments, to safeguard the much needed privacy. Along with foolproof privacy the project is equipped with a club house, gym, abundant parking space, modern security system and multipurpose hall. A unique feature of Raheja Waterfront is that its tactically chosen location gives the residents the much desired exclusivity. The construction of this exclusive project is being handled by the most renowned civil contractors B E Billimoria and Co Ltd., known for their superior quality work and adherence to aesthetic finesse. With over 500 completed projects, Billimoria to its credit has some of the landmarks of Mumbai namely the residential building of Reliance Group Chairman Mukesh Ambani, Planet Godrej, Petit Tower of Tatas and many more.

The construction of Raheja Waterfront is going on in full swing and a sample apartment aimed at providing the future residents a glimpse of their future abode, is also completed. Residents can get the actual feel of what their future residence look like once they view this sample apartment.

http://www.tvmangalore.com/images1/mel_080812_view1.jpg

http://www.tvmangalore.com/images1/mel_080812_view2.jpg

http://www.tvmangalore.com/images1/mel_080812_view3.jpg

The Brand “Raheja Universal”

With Raheja Universal Waterfront prospective dwellers get not only the picturesque sea-view but also benefits that come with ‘brand Raheja Universal’. Raheja Universal is an established and reliable real estate giant of Mumbai which has been credited for sprucing up the skylines of Mumbai by revolutionizing commercial and residential projects there. The company has over 42 flagship projects to its credit with a marketable property of over 5 million sq ft in the Mumbai Metro Region, which speaks volumes of the company’s stature in the real estate sector of Mumbai. Having firmly established, Raheja Universal foresees to be recognized as the as the torch bearer in the real estate sector and also by its contented customers for creating specialized high value real estate assets that provide true value for the money.

Being a product of true value Raheja Waterfront has been approved by major financial institutions like HDFC Home Loan, Axis Bank, Indiabulls Home Loan and Saraswat Bank. Getting home loans therefore has become quite a manageable task.

What sets Raheja Universal apart from the rest of the bunch in the real estate business is that it has always been striving to surpass its own excellence. Innovation is lifestyle and amenities that keep pace with world standards are the company’s hallmark which keeps it focused to foresee future trends in advance and integrate them in their projects. In fact, Raheja Universal has come to be equated with the concept of living life to the fullest that too in style. The company never compromises on its quality while crafting structures of grandeur and unequaled splendor by the heady blend of finer aspects of opulence, modernity and nature. Raheja Universal has always used technology to its advantage to attain its cherished goals of striving for excellence and keeping abreast of modernism without any compromise.

It goes to the credit of Raheja Universal that Bollywood star Suniel Shetty and his charming wife Mana Shetty have agreed to be the celebrity brand ambassadors for Raheja Waterfront. The couple has said that they are happy to be associated with the project because of their close bonding with the city of Mangalore and also because they feel certain that the project is endowed with all attributes of redefining luxury living in this port city by setting new benchmarks in the process.

IT city Bangalore has reached a saturation point and Mangalore is perceived as the next IT and IT enabled destination and many leading IT companies have already established and some are making a beeline for starting their ventures here. The time is just ripe for the city to welcome reality giants like Raheja Universal to make an impressive debut and find a strong footing here.

It’s time to explore a new way of living at Mangalore’s most desirable address.

Hi. Anyone have any updates on the current status of this project ?

^^still in basement or ground floor level.

^^still in basement or ground floor level.

Any idea why the slowdown ? Finance issue ? Approval issue ? Or is it some local or internal issue ?

Any idea why the slowdown ? Finance issue ? Approval issue ? Or is it some local or internal issue ?

Is it true that Construction has slowed down in Karnataka due to the new govt rules on quarrying?

Is it true that Construction has slowed down in Karnataka due to the new govt rules on quarrying?

yes construction has slowed down on all sites across the region due unavailability of jelley

construction in full swing. 2 tower cranes added for atlantic and pacific block . ground floor pillars are been constructed for both blocks.

is units are still available ? any one knows the pricing structure ???

planning to buy an apartment in Mangalore Godrej Alpine or Raheja ???? any one there to help??

planning to buy an apartment in Mangalore Godrej Alpine or Raheja ???? any one there to help??

This thread and other Mangalore threads are to discuss various developmental projects and we do not do any trading. If you need any help you may please contact the offices of those companies. You will get first hand information. They have their own websites.

2 Huge tower cranes are installed in the site

http://www.image-share.com/upload/1906/215m.jpg (http://www.image-share.com/ijpg-1906-215.html)
http://www.image-share.com/upload/1906/216m.jpg (http://www.image-share.com/ijpg-1906-216.html)

^^Thanks for the pics

http://img850.imageshack.us/img850/6803/dsc00106ul.jpg

http://img254.imageshack.us/img254/4287/dsc00107ul.jpg

http://www.image-share.com/upload/1906/215m.jpg (http://www.image-share.com/ijpg-1906-215.html)
http://www.image-share.com/upload/1906/216m.jpg (http://www.image-share.com/ijpg-1906-216.html)

^^

http://img6.imageshack.us/img6/9462/215if.jpg

Hi. Any updates on current status of construction and on current pricing on this project ? Has the godrej alpine project news also affected construction/sales on this project, since both are bombay based builders with their first projects in mangalore ?

Raheja Waterfront was always an overly ambitious project from the start. They actually advertise the project as situated in the heart of mangalore :)
there was a major delay in getting underway and even the progress now is very slow. flats are available on every floor if anyone wants to burn money
Mangalore does not have the capacity to absorb such a development. Even the biggest development inside the city - Maurishka Palace has managed to sell only 60% of the flats

No progress at all.Still in same level as of the pics above.

Raheja Waterfront was always an overly ambitious project from the start. They actually advertise the project as situated in the heart of mangalore :)
there was a major delay in getting underway and even the progress now is very slow. flats are available on every floor if anyone wants to burn money
Mangalore does not have the capacity to absorb such a development. Even the biggest development inside the city - Maurishka Palace has managed to sell only 60% of the flats

Is Mauriska bigger than SKS?SKS has nearly 169 flats which are almost sold out.Rahejas are cheaper and in different phases . So they will move at a slower pace.Their flats are cheaper . Hopefully the not so rich who want their dream home could buy it here.

With this pace,It may take some centuries to finish all those blocks in the render.

With this pace,It may take some centuries to finish all those blocks in the render.

first 2 blocks are 3yrs project , its a total (10 blocks) 13 yrs project.