Yugen Infra Secures MahaRERA Approval for Garden of Eden Project
Yugen Infra, a leading real estate developer, has secured the Project Registration Certificate from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for their new residential plotted development, Garden of Eden. This marks Phase 2 of the Yugen Golf City project, a significant milestone in the company's township development strategy. The project involves a total development investment of approximately ₹350 crores, which includes the development of the site, infrastructure, and township amenities. Notably, the entire project is solely funded by Yugen Infra, without any external institutional or corporate support, demonstrating a solid financial commitment and long-term vision for the township's growth.
The Garden of Eden project is located in Village Banda, Taluka Sawantwadi, District Sindhudurg, Maharashtra. This strategic location, within the MOPA influence corridor, makes it an ideal choice for second home investment, senior living, or land banking. The project fully complies with the financial safeguards stipulated in RERA regulations, including the escrow arrangement, which mandates that 70% of all customer receipts be placed in a separate RERA escrow account and used exclusively for financial expenditures related to land and construction.
Garden of Eden is a residential plot development project covering a gross total land area of approximately 180,000 square meters. It offers 278 luxurious residential plots, designed to support independent villas and holiday homes. The project's layout plan ensures a variety of plot sizes to cater to different needs and preferences. The internal infrastructure framework is meticulously planned, incorporating internal roads, a boundary wall, water supply systems, electricity provisioning, stormwater management, underground drainage, and planned green buffers and open spaces. These features are designed to create a balanced and organized living environment within the township's ecosystem.
All necessary disclosures, approvals, layouts, and area details have been registered on the MahaRERA website, ensuring transparency and compliance with RERA rules. This registration guarantees that the project adheres to timeline standards for buyers, providing them with the assurance of a legally valid plotted development scheme.
On this occasion, Mr. Sheeshram Yadav, the Managing Director at Yugen Infra, stated, “The MahaRERA registration of Garden of Eden exemplifies our commitment to regulatory requirements and the ideals of proper development. This registration ensures that home buyers can have complete confidence in the legal validity of the plotted development scheme, which is an integral part of our larger township concept.”
The strategic location of Garden of Eden in the North Goa-Sindhudurg growth corridor, combined with its golf-integrated township and infrastructure-first development strategies, positions it as a low-density plotted development scheme. This project is poised to become a premier destination for those seeking a peaceful and luxurious living experience in a well-planned and regulated environment.
