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Home>>Press Release>>Sheth Realty’s Subvention Scheme at Promont Offers a Seamless Path to Homeownership
Press Release

Sheth Realty’s Subvention Scheme at Promont Offers a Seamless Path to Homeownership

February 14, 2025

Mumbai (Maharashtra) [India], February 14: Sheth Realty, known for delivering quality residential projects, has announced a Developer Subvention Scheme for its new premium towers at Promont, Sion – BKC Connector. A move set to ease the home buying process further, Sheth Realty’s latest scheme allows buyers to book their apartments at Promont by paying just 10% of the total amount upfront, 10% after 30 days, and the remaining 80% at the time of possession. Having no EMIs until possession and a significantly small deposit reduces the financial burden of potential homebuyers.

The Developer Subvention Scheme from Sheth Realty ensures that a buyer manages their rent and mortgage payments without being overly financially strained during the construction period. Not only does this strategy assist in maximizing the potential of property investment prior to possession, it also shows Sheth Realty’s dedication to forward-thinking financial solutions in the realty sector.

Sheth Realty recently unveiled Promont, as a part of its property development in the central suburbs giving its Codename Younique a unique identity. The BKC Connector offers ease of connectivity in a matter of minutes and ensuring quick access to business hubs, top educational institutions, major healthcare facilities, and entertainment zones in South Mumbai, the western suburbs like Bandra and Andheri, besides the central suburbs, including Chembur. Being positioned along the highway leading towards Panvel, makes it a convenient location for those commuting across the eastern parts of the city or to nearby areas of MMR.

Part of a well-planned master development featuring luxury apartments, the towers planned at Promont, enables elevating lifestyles to urban living with unmatched views of greenery surrounding the Eastern Express Highway. Thanks to the subvention scheme, the starting price of a 2 BHK unit has been positioned to start at Rs 2.14 crore, providing an incredible opportunity for buyers to claim a unit of this elite address at special prices.

Promont envisions a way of life where every moment counts. The apartments available are 2 &3 BHK starting from 2.08 crores onwards. Each unit is exquisitely designed to encapsulate space ranging from 630 sq. ft. to 1,139 sq. ft. Each unit comes with majestic decks, modern finishes and stunning cityscapes views.

Promont offer world class and peaceful amenities. There are over 45 world-class amenities available. Some of the key highlights include an infinity edge rooftop pool, a state-of-the-art fitness centre, landscaped gardens, a fully functional banquet hall, and 25,000 sqft of rooftop recreational spaces. The project also embraces sustainability through eco-friendly initiatives such as solar panels and rainwater harvesting.

Commenting on the scheme, Mr. Chintan Sheth, Chairman & Managing Director of Sheth Realty, said,

“Promont’s developer subvention payment plan offers unmatched financial flexibility, giving buyers the choice to secure their dream homes with ease. This innovative offering highlights Sheth Realty’s commitment to making luxury living reachable without conceding on quality or convenience.”

With construction rapidly progressing and the possession date set for December 2027, the project is set to become a landmark address in Mumbai. The project invites homebuyers to experience a life where luxury transcends material possessions to create a haven of warmth, simplicity, and timeless elegance.

About Sheth Realty

Sheth Realty, led by next-generation entrepreneurs Mr. Chintan Sheth and Mr. Maulik Sheth is a household name in the real estate market in Mumbai for over 30 years. Sheth realty pride themselves in design innovation, quality, planning, and their diverse portfolio that includes distinguished residential, retail, and commercial projects that has significantly enhanced both Indian and international landscapes. As part of their mission, Sheth Realty aim to build spaces that foster meaningful experiences which leads to focus on the innovation, sustainability, and customer centric design. Their vision emphases on world class multidisciplinary architecture and planning, to leave behind a legacy of extraordinarily crafted, inspirational spaces that evolve over time to enrich the lives of their customers.

For more information, visit sheth-realty.com

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