Hiranandani Fortune City, a mega township in Panvel is an integrated and self-sufficient township nestled in the lap of nature. It is a massive project built on 588 acres of land.  It is an affordable and luxurious residential. The project offers studio apartments, 1 BHK, 1.5 BHK, 2 & 3 BHK. Hiranandani Fortune City is recognized as one of the preferable townships in Navi Mumbai. Fortune City is expected to be delivered by Feb 2020. Read more to find out detailed information on the location, social amenities, configuration and prices.

Fortune City by Hiranandani – A Self-Sustaining City in Navi Mumbai

Last updated on October 17, 2017 by Simran

Hiranandani Group is best known for transforming the barren land of powai into one of the most desirable and recognisable localities in Mumbai suburbs. The Group has developed over 250 acres of land in Thane as well as in Powai and has now launched a self-sustaining township – Fortune City, in Panvel, Navi Mumbai. Fortune City is a massive project built on 588 acres of land. The project offers studio apartments, 1 BHK, 1.5 BHK, 2 & 3 BHK. Hiranandani Fortune City is recognised as one of the preferable township of Mumbaikars, in Navi Mumbai. It lives up to the neo classical architectural theme of Hiranandani while providing affordable apartments in a city where prices of homes are moving out of the grasp of the common citizens. Fortune City is expected to be delivered by Feb 2020.The  MahaRERA Registration No. of the towers are as follows: Argus: P52000000265, Atlas: P52000000262, …

Fortune City by Hiranandani – A Self-Sustaining City in Navi Mumbai

construction at Hiranandani Fortune City.
Construction at Hiranandani Fortune City.

Hiranandani Group is best known for transforming the barren land of powai into one of the most desirable and recognisable localities in Mumbai suburbs. The Group has developed over 250 acres of land in Thane as well as in Powai and has now launched a self-sustaining township – Fortune City, in Panvel, Navi Mumbai.

Fortune City is a massive project built on 588 acres of land. The project offers studio apartments, 1 BHK, 1.5 BHK, 2 & 3 BHK. Hiranandani Fortune City is recognised as one of the preferable township of Mumbaikars, in Navi Mumbai. It lives up to the neo classical architectural theme of Hiranandani while providing affordable apartments in a city where prices of homes are moving out of the grasp of the common citizens. Fortune City is expected to be delivered by Feb 2020.The  MahaRERA Registration No. of the towers are as follows:

Argus: P52000000265, Atlas: P52000000262, Aura: P52000000263, Aurora: P52000000256, Artemis: P52000001381, Clio: P52000000184, Flora: P52000001514, Helios: P52000000261, Hermes: P52000000267, Hera: P52000001513, Mellona: P52000000260, Minerva: P52000000284, Orion: P52000002990, Selene: P52000002730, Venus: P52000001518, Vesta: P52000001078, Zeus: P52000001064.

Location:

Map of Hiranandani Fortune city
Map of Hiranandani Fortune City. (Photo Credits: Google maps)

Hiranandani Fortune City is a landmark by itself in the locality of Bhokharpada, Panvel in Navi Mumbai. The project is located on NH4 and is visible from the roads around. Hiranandani Fortune City is easily accessible by road and rail. The township is located between the Old Mumbai – Pune Highway (NH4) and the Mumbai-Pune Expressway, it is accessible from both these roads. It is also strategically located in close proximity to the recently launched Mumbai International Airport at Navi Mumbai. The nearest railway station from the project is Mohape & Panvel terminus. The project is a 10-minute drive from Shedung exit on the Mumbai-Pune Expressway and a 30-minute drive from Vashi.

Roads leading to Fortune City
Roads leading to Fortune City.

Panvel is attracting investors from across the globe and the youth from all over the country due to its potential in cracking the Real Estate Market in Navi Mumbai. Navi Mumbai has been better planned than its city namesake, Mumbai. Roads are wider, drainage is better and the air is cleaner. Recent planned as well as completed infrastructure projects have added more attractiveness to this up and coming suburb. These include the new international airport in Navi Mumbai, the ‘Mumbai Trans-Harbour Link’, the Sion-Panvel expressway, a metro rail and more, thus making Panvel an investor friendly locality in Navi Mumbai.

Configuration and Prices:

Hiranandani Fortune city is an enormous project covering 588 acres of land. The project includes 10 towers and 1000 exclusively planned units by Feb 2020.

Development Plan of Fortune City
Development Plan of Fortune City

As observed in the development plan, Fortune City will possess residential as well as commercial estates. This vast project covers the residential requirements through its commercial complexes  such as shopping malls, convenience stores, offices etc  as well as provides employment to  its residents  through the availability of IT Companies, Offices and more.

Configuration (Bed Residences)4 Carpet Area (Sq. Ft.) Price (INR)
Studio apartments 304 45 lacs onwards
1 BHK 431 50 lacs onwards
1.5 BHK 555 70 lacs onwards
2 BHK 714 -740 85 lacs onwards
3 BHK 1575-1646 1.37 Cr. onwards

The configurations available in Hiranandani Fortune City are varied, from a studio apartment to 1, 2 & 3 bed residences. A studio apartment provides a carpet area of 304 sq. ft. which includes a spacious room with an open kitchen and a washroom. A 1.5 BHK has an additional room compare to the 1 BHK which can be designed into a study or a puja room.

A 2 BHK offers carpet areas from 714 sq. ft. to 740 sq. ft. and includes a spacious hall, 1 master bedroom, 1 bedroom, a kitchen, 2 washrooms. The larger 2 BHK offers an additional room that can be customised into a puja/study/servant’s room. The 3 BHK unit of Fortune City costs around 1.37 Cr. and provides a huge apartment with carpet area varying from 1575 sq. ft. to 1646 sq. ft. This configuration provides a massive drawing room, a kitchen, 3 washrooms, 1 master bedroom, 2 bedrooms and spacious passages to move around the house. The larger unit offers the flexibility of turning a small room into puja/study/servant’s room.

Construction at Hiranandani Fortune City
Construction at Hiranandani Fortune City

Amenities and Facilities

Hiranandani Fortune City is planned to be a self sustaining city offering all the necessary facilities and comforts while also providing the luxury of amenities. Fortune city offers a clubhouse to its residents to organise functions and family events. The project includes a gymnasium for the fitness freaks, playing area for the kids, a meditation and yoga centre for fitness oriented residents, a swimming pool & sports facility such as badminton court, football/cricket space as well as an indoor games room is available. Fortune City being a massive project is nature friendly and offers landscape gardens and parks for its residents with the distant view of hills. Almost, as good as living in paradise.

Entrance of Fortune City
Entrance of Fortune City

Fortune city is also developing a school within the project for the younger generation of residents to cancel out the hassle of traveling, making it easier for the parents to monitor their child’s education. As informed, the project will consist of a hospital with specialized doctors, medical store and clinics. Fortune city will also have a few convenience stores across the project for its residents.

Conclusion:

Fortune city holds a prestigious name as it’s developed by the well-known developers; Hiranandani. The project is worth investing if one wants to be connected to Mumbai, Navi Mumbai and Pune while avoiding its overpopulated and crowded environment. A nature friendly home with views of the hills, while being comforted by amenities with all the necessary facilities is a great deal offered by this project. The investment opportunities in Fortune city are quite flexible and the self-sustaining city is currently working on building even better connectivity to commute to the nearby cities. An investor looking for better returns in real estate market in the coming years should consider Fortune city due to its potential of appreciating real estate prices in Navi Mumbai.




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