Highlights

IMP Pointers for BKC Paris .
1.    Global CBD and residential prices comparison story.
a.    Residential in CBD area operates @ 2x–3x premium to commercial rates
b.    BKC too replicates this with top-end commercial trading @ appx 40000 psf (Maker Maxity) and residential transacting at 80000 psf (Sunteck @ G Block), both on carpet area basis.
2.    BKC is an established CBD with rentals up to Rs 300 (Gross)
3.    BKC has excellent lifestyle amenities and social infra.
a.    Hospitality, fine dining option, entertainment and education.
4.    This makes Paris an excellent value-arbitrage story.
a.    Appx 8-10 mins driving time from main G block and prices that are nearly 50%!
5.    BKC has seen transactions up to Rs 60 Cr ticket-size!
6.    Paris is the only residential offering in micro-market that offers sub Rs 5 Cr.
a.    Our possession in planned in next few months.
b.    Right-sized 2 and 3 BHK residences
7.    Kanakia as pioneers of themed lifestyle projects
a.    Rainforest (Andheri E), Wall street (Andheri E), Miami (Mahim) & Hollywood (Andheri W)
8.    Paris is our top of the line themed offering. Paris takes the themed living concept both inside-out.
a.    Show flat by noted French designer
i.    Actual lobby ready
ii.    Imported furniture & sculptures
b.    External amenities in place already
i.    Elle Spa
ii.    Z wellness gym
iii.    Café de Paris
9.    Only project in Mumbai with an international lifestyle ambassador, the legendary world cup winning Zinedine Zidane.