Salsette 27: Mumbai's Crown Jewel Earns CRISIL's Coveted 7-Star Rating
Salsette 27, a luxury residential project in Mumbai, has been awarded CRISIL's highest rating of 7 stars for the second consecutive year, solidifying its position as a benchmark for excellence in the real estate industry.
Real EstateMumbaiCrisilPeninsula Land LimitedGreen BuildingReal Estate MumbaiJul 06, 2024
Located in South Central Mumbai, Salsette 27 boasts a strategic position close to prominent Central Business Districts (CBDs) such as Lower Parel and Worli, as well as key destinations like Bandra Kurla Complex (BKC), Nariman Point, and Cuffe Parade. The project's seamless connectivity via major roads like the Eastern Highway/Freeway and its proximity to the partially open Mumbai Trans Harbour Link (MTHL) further enhance its accessibility.
The project's tagline, 'Away from Chaos, not from comfort and convenience,' aptly encapsulates its essence. Nestled within approximately 5 acres of land, the project boasts a low flat density, housing only 524 apartments, and features expansive open spaces, including over 10,000 square feet of a natural water body and nearly an acre of lush greenery at ground level, creating a tranquil oasis amidst the bustling city.
Salsette 27 also offers a plethora of amenities catering to all age groups, with designated spaces for kids, teens, adults, and senior citizens, ensuring that every member of the family finds their own space for leisure and recreation.
The project's construction quality is unmatched, with a pre-certified Green Building rating from IGBC (Indian Green Building Council) and energy-efficient apartments that translate to consuming less power and a smaller carbon footprint. Additionally, it has an Integrated Building Management System and 100% EV charging availability for all car parks, enhancing its appeal to electric vehicle owners.
CRISIL's Real Estate Star Grading evaluates a real estate developer's capability to execute a project as per specified quality standards, and Salsette 27 has proven to be on top of its game by getting a 7-star rating for the second year in a row. This accolade underscores the project's exceptional standards of quality, sustainability, and impact, setting a benchmark for excellence in the field.
'It is a great honor that Salsette 27 managed and marketed by Peninsula Land Ltd, is once again affiliated to CRISIL's Real Estate Star Grading. Its 7-star rating is coveted and stands as proof of Salsette 27's promise of smart design, uncompromising quality, and the idea of offering 'serenity and tranquility' to its residents amidst the hustle and bustle of chaotic city life,' says Mr. Rajeev Piramal, Vice Chairman and Managing Director of Peninsula Land Limited.
Information
Peninsula Land Limited is a leading real estate developer known for its commitment to quality, sustainability, and customer-centric approach. With a portfolio of landmark projects across India, the company has established itself as a benchmark for excellence in the industry.
CRISIL is a leading credit rating agency that provides independent opinions on credit risk in India. Its Real Estate Star Grading is a widely recognized and respected rating system that evaluates a real estate developer's capability to execute a project as per specified quality standards.
Frequently Asked Questions
What is CRISIL's Real Estate Star Grading?
CRISIL's Real Estate Star Grading is a rating system that evaluates a real estate developer's capability to execute a project as per specified quality standards.
What is the significance of Salsette 27's 7-star rating?
Salsette 27's 7-star rating is a testament to the project's outstanding performance, remarkable achievements, and unparalleled contribution to the real estate industry, setting a benchmark for excellence in the field.
What makes Salsette 27 a unique residential project?
Salsette 27 is unique due to its strategic location, low flat density, expansive open spaces, and plethora of amenities catering to all age groups, making it a tranquil oasis amidst the bustling city.
What is the construction quality of Salsette 27?
Salsette 27 has a pre-certified Green Building rating from IGBC and energy-efficient apartments that translate to consuming less power and a smaller carbon footprint, making it an eco-friendly and sustainable project.
Who is the developer behind Salsette 27?
Salsette 27 is managed and marketed by Peninsula Land Limited, a leading real estate developer known for its commitment to quality, sustainability, and customer-centric approach.
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