The Indian mid-income group is growing phenomenally. According to some estimates, by the end of 2025, approximately 55 percent of the population is expected to join the ranks of the middle-class. Subsequently, with the rise in the purchasing power of the midincome level group, the demand for affordable abodes with luxurious amenities has also grown significantly.
Amardeep Singh Bindra & Parampreet Singh Bindra are two young real estate developers in Mumbai catering primarily to the development of affordable houses for the common person in the vicinity of the neighborhood of Andheri. The duo had ventured into the realestate segment following the footsteps of their father Late P.S. Bindra and are expanding his legacy and vision. Bindra brothers observed that the entire locality of Andheri already has several high profile realestate developers offering buildings with 5-star amenities. However, the region had very little to offer when it comes to fulfilling the housing requirement of the mid income level populace. This prompted the duo to fill the gap and cater to the affordable housing segment within the city. As a result, the Bindra brothers constructed several 1BHK and 2BHK houses with luxurious amenities, specifically for the common person at affordable rates.
Amardeep Singh Bindra & Parampreet Singh Bindra are two young real estate developers in Mumbai catering primarily to the development of affordable houses for the common person in the vicinity of the neighborhood of Andheri. The duo had ventured into the realestate segment following the footsteps of their father Late P.S. Bindra and are expanding his legacy and vision. Bindra brothers observed that the entire locality of Andheri already has several high profile realestate developers offering buildings with 5-star amenities. However, the region had very little to offer when it comes to fulfilling the housing requirement of the mid income level populace. This prompted the duo to fill the gap and cater to the affordable housing segment within the city. As a result, the Bindra brothers constructed several 1BHK and 2BHK houses with luxurious amenities, specifically for the common person at affordable rates.
The firm's current undertaking Bindra One (B-1), which is a part of their housing project known as Bindra Complex offers 1BHK apartment of approx. 400 sq. ft.and 2BHK apartments with 600 sq. ft. area for the residents. Located in Andheri East, one of Mumbai’s most vibrant and upcoming localities for the middle class seeking affordable housing, Bindra One is an SRA scheme layout spread over approx. 26,000 sq. meters of land. The entire SRA component is completed within 14 rehab buildings, while the work of balance sale component namely Bindra One is in progress. The completed sale six buildings, namely Rose, Lotus, Tulip, Daffodil, Orchid, and Marigold, are completed, having an open garden and an astroturf.
Bindra One will house a gym, health club, yoga room, community center, indoor games, and others, on the first floor with separate entrance from ground facilities that affordable housing projects rarely offer. Bindra Complex’s biggest asset is its prime location, with the Mumbai Airport located in Andheri East just a short distance away from the apartments, and so are MIDC and various other commercial premises.
Along with that, a host of prominent schools like Dominic Savio, Canossa High, Holy Family, Divine child, St. Xaviers, and colleges such as Tolani, China, and Bagardha are close to the apartment complex. That’s not all situated on Mahakali Caves road, the nearest upcoming Metro station on JVLR road is just a 5-minute drive away, and well-renowned clubs such as Matoshri and Sher-e-Punjab Gymkhana are nearby too! In addition, Andheri is a major railway station in Mumbai, and is connected with the metro, further enhancing the connectivity on both modes of public transport.
All the major banks have approved the Bindra One project to avail housing loans, including ICICI, HDFC, Bank of Baroda, SBI, Indian Bank and Citizen Credits from various other financial players. Apart from this, the Bindra Group owns several hotels nearby known as Bindra Supremacy in MIDC, Bindra Suites near Andheri station and a Hotel leased to Ginger (a Tata Enterprise). They also have an upcoming housing project known as Bindra Sateri Legacy in MIDC, Andheri and an upcoming hotel known as Bindra Legacy.
Bindra complex’s biggest asset is its prime location, with the mumbai airport located in andheri east just a short distance away from the apartments, and so are midc and various other commercial premises
Bindra One will house a gym, health club, yoga room, community center, indoor games, and others, on the first floor with separate entrance from ground facilities that affordable housing projects rarely offer. Bindra Complex’s biggest asset is its prime location, with the Mumbai Airport located in Andheri East just a short distance away from the apartments, and so are MIDC and various other commercial premises.
Along with that, a host of prominent schools like Dominic Savio, Canossa High, Holy Family, Divine child, St. Xaviers, and colleges such as Tolani, China, and Bagardha are close to the apartment complex. That’s not all situated on Mahakali Caves road, the nearest upcoming Metro station on JVLR road is just a 5-minute drive away, and well-renowned clubs such as Matoshri and Sher-e-Punjab Gymkhana are nearby too! In addition, Andheri is a major railway station in Mumbai, and is connected with the metro, further enhancing the connectivity on both modes of public transport.
All the major banks have approved the Bindra One project to avail housing loans, including ICICI, HDFC, Bank of Baroda, SBI, Indian Bank and Citizen Credits from various other financial players. Apart from this, the Bindra Group owns several hotels nearby known as Bindra Supremacy in MIDC, Bindra Suites near Andheri station and a Hotel leased to Ginger (a Tata Enterprise). They also have an upcoming housing project known as Bindra Sateri Legacy in MIDC, Andheri and an upcoming hotel known as Bindra Legacy.