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

Time is money. ClichÃ©d as it may sound, in a city like Mumbai it still holds true. That is why Godrej Central has been thoughtfully designed for anyone who wants to add more time to their life. Located in Chembur, this 15-storeyed residential property is set amidst pristine greenery, overlooking a landscaped park and is accessible from all parts of the city.

Spacific Details

Property Details

Price
Property Size
Bedrooms

2.79 Cr onwards
Sq Ft
1,2 & 3 BHK

Structure
Style
Area

High Rise Luxury
Luxury
Chembur

Location

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Neighbourhood

What's Nearby

Phoenix Market City
06 kms 14 mins
Bandra Kurla Complex
06 kms 12 mins
Chhatrapati Shivaji Maharaj International Airport
12 kms 19 mins
Zen Multi Speciality Hospital
02 kms 60 mins

Comfort Living

Amenities

Tennis Court
Landscaped Garden

Gymnasium
CCTV Cameras

Basket Ball Court
Banquet Hall

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
2.79 Cr onwards
Sq Ft

Godrej Group

Central

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