Commercial Plot / Land for sale in Andheri East, Mumbai

4.41 crores

Commercial property for outright SALE @ SEEPZ, Andheri (E)

GJ-11, SDF VII, SEEPZ – SEZ, Andheri (East), Mumbai- 400096 ., Andheri East, Mumbai - 400096 (Maharashtra)

  • Area: 6779 SqFeet
  • Price: 44,063,500
  • Rate: 6,500 per SqFeet -70%

Description

Commercial property for outright SALE @ SEEPZ, Andheri (E)
The details of the property are as follows………..
Title of Land: Free hold Premises
 70% Lease to Commercial purpose for 99 yrs
 30% Freehold Premises
Location Advantage:
 Santacruz Electronic Export Processing Zone (SEEPZ) Area.
 In 1987-88 it got permission to manufacture & Export gems & Jewellery.
 SEEPZ was converted in SEZ with provision of Export & Import Policy 2000.
 SEZs are exempt from federal laws regarding taxes, quotas, FDI-bans, labour laws and other restrictive laws
 Exemption from customs/excise duties for development of SEZs for authorized
operations approved by the Board of Approval.
 Income Tax exemption on income derived from the business of development of the SEZ in a block of 10 years in 15 years under Section 80-IAB of the Income Tax Act.
 Exemption from minimum alternate tax under Section 115 JB of the Income Tax Act.
 Exemption from Central Sales Tax (CST).
 Exemption from Service Tax (Section 7, 26 and Second Schedule of the SEZ Act).
Price: Rs. 4,40,63,500/- Negotiable

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Location

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* Location is approximate

Price Trends Andheri East, Mumbai

Commercial Plots / Lands for sale in Andheri East, Mumbai

This property is priced approximately -70% under the average for an Commercial Plots / Lands for sale in Andheri East, Mumbai (Rs.22062/SqFeet)
* Disclaimer: Data may be approximate.

Locality Reviews Andheri East, Mumbai

Andheri East is a very peaceful location. Easy to commute mid seeps airport Chakala, close to major MNC company easy access to western and eastern express highway.

Pros:
  • It is very peaceful location.
Posted: by Pravina Ghia

Andheri-East is one of the most important western suburbs of Mumbai. It is the widest Suburban area which stretches from the eastern side of the International Airport. Although it is a pure commercial area, yet there are enough residential projects around.

Pros:
  • International Airport
  • Mumbai Metro (Upcoming)