Prime by Godrej - India's Largest Investment Portal for NRIs

Spread across 1.58 hectares and 9 towers, Godrej Prime, Chembur is located in the heart of the city. Here, one can feel the pulse of the city with proximity to a lively mix of malls, popular restaurants, cozy cafÃ©s and entertainment hotspots. This well-connected address gives you the luxury of time to indulge in a host of amenities spread across the clubhouse and over 3065 sq.m. of the rooftop.

Spacific Details

Property Details

Price
Property Size
Bedrooms

1.99 Cr onwards
Sq Ft
1,2 & 3 BHK

Structure
Style
Area

High Rise Luxury
Luxury
Chembur

Location

Google Map View

Neighbourhood

What's Nearby

Chembur
02 kms 09 mins
Zen Multi Speciality Hospital
02 kms 08 mins
Chhatrapati Shivaji Maharaj International Airport
12 kms 30 mins
Phoenix mall
02 kms 08 mins

Comfort Living

Amenities

Senior citizen's sitting area
Party Terrace
Mini Golf

Library
Kid's Play Area
Gymnasium

Football Field
Club House
Basket Ball Court

Frequently Asked Questions

FAQs

Do NRI's require permission of Reserve Bank to acquire immovable property in India?

No. NRI's do not require any permission to acquire any immovable property in India other than agricultural / plantation property or a farm house.

Can corporate bodies use residential properties as office space?

It is illegal to put residential properties to commercial use. However, service-based industries are allowed to operate from residential areas, on the condition that they will vacate the property if any complaint is received from other residential owners.

Do NRI's require permission of Reserve Bank to transfer immovable property in India?

No. NRI's do not require any permission to transfer any immovable property in India. Permission is required only in the case of transferring of agricultural or plantation property or farm house to another citizen of India NRI or PIO.

Can NRI's/PIO's rent out the properties if not required for immediate use?

Yes. Reserve Bank has granted general permission for letting out any immovable property in India. The rental income or proceeds of any investment of such income is eligible for repatriation

Can NRIs obtain loans for a house/flat for residential purpose?

Reserve Bank has granted general permission to certain financial institutions providing housing finance e.g. HDFC, LIC Housing Finance Ltd., etc., to grant housing loans to NRI's for acquisition of a house/flat for self-occupation subject to certain conditions. The purpose of loan margin money and the quantum of loan will be at par with those applicable to housing loans to residents. Repayment of loan should be made within a period not exceeding 15 years out of inward remittances or out of funds held in the investor's NRE/FCNR/NRO Accounts.

Can NRIs jointly own with their close relative?

Yes. Such housing loans availed in rupees can also be repaid by the close relatives in India of the borrower.

1,2 & 3 BHK
1.99 Cr onwards
Sq Ft

Godrej Group

Prime

Credent Investment
+44 (0)203 129 6002
contact@credentglobal.com
162-168 Regent St, London
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