Case Study, Luxury Rental Property – Mumbai

Client Background

A property owner in Mumbai had planned to convert their premium rental flat to luxury apartment in order to gain higher class tenants. The aim was to upgrade the property with luxurious additions by targeting the kitchen and wardrobe; this would attract a higher lease rate.

Challenges

Given the competitive rental market in Mumbai, the flat had to make a difference. The kitchen and wardrobes needed a combination of sophistication, practicalities, and durability to satisfy tenants’ demands and a prompt upgrade process to minimize the vacancy time.

Solution

FlatBox provided a typical solution based on high-gloss kitchen panels and sleek sliding wardrobes. The shiny kitchen finishing brought about a classic look, while the sliding wardrobes would ensure that the space was not compromised and give a taste of modernity, to those who needed luxury and practicality..

Implementation

Through a modular scheme, FlatBox was able to complete installation within a short time. Fully manufactured units were assembled on site, thereby reducing the effect and speedy entry to the market.

Results

The improvements raised the flat to being a top class property. The chic kitchen and wardrobes improved not only on looks, but also in utility, the owner thereby was able to lease out the flat at 20% more than the market value to a keen tenant lured into the high-end nature of his place.

Conclusion

The customized improvements made by FlatBox showcased their proficiency in coming up with lavish, useful rental properties. Apart from achieving the owner’s goals, this project returned very attractive value for money and became a reorganization of standards for premium rental in Mumbai.