Ashar Group
The Thane-based Ashar Group was recently in the news when it announced that it will redevelop the bungalow of late Bollywood actor, Dilip Kumar, in the plush Pali Hill area of Bandra in Mumbai into a luxury housing project expected to have a revenue potential of around Rs 850 crore.
The project named ‘The Legend’ is spread across 1.75 lakh sqft and is expected to include luxury homes with 4 and 5-BHK configurations. The homes will be of sizes 3,200 sq ft to 7,000 sq ft along. The project is likely to include a 2,000 sq ft museum dedicated to Dilip Kumar. The company will also be constructing duplex apartments.
The Legend is its second luxury project in the Pali Hill area of Bandra after Navroze. It received occupation certificate (OC) for Navroze around 18 months ago.
The architecture of the project will be based on the European art deco style, and will cater to the distinguished tastes of industrialists, entrepreneurs, cultural luminaries, Indian cinema’s finest, global athletes, and Fortune 500 CXOs. The project aims to redefine luxury real estate in India, with only 15 boutique residences ranging from 3,200 to 7,000 sq ft.