Mumbai, Mar 12: As Gudi Padwa heralds a season of prosperity and fresh beginnings, Chandak Group has unveiled a festive homeownership initiative that blends celebratory sentiment with tangible value for aspiring homeowners. Commemorating both the auspicious occasion and its 40-year milestone, the developer has introduced a limited-period 40:60 Developer Subvention Scheme across five of its ongoing residential developments, reinforcing its legacy of trust and customer-centric innovation.The scheme is valid until 31st March 2026, after which the effective price of residences at these projects will increase from 1st April 2026.
The festive offering spans key projects namely Chandak Highscape City – Chembur East, Chandak Vansham – Vile Parle West, Chandak Sarvam – Andheri East, Chandak Treesourus – Malad West and Chandak Greenairy – Borivali East. Strategically located across Mumbai’s well-connected micro-markets, these developments present thoughtfully designed 1 to 4 BHK premium residences that integrate contemporary architecture, lifestyle amenities and strong infrastructure access, catering to both end-users and long-term investors.
At the heart of the initiative is the exclusive 40:60 payment structure under the Developer Subvention Scheme, enabling buyers to pay 40% upfront while deferring the remaining 60% through the subvention plan until possession. Designed as part of the company’s 40th anniversary celebrations, the scheme enhances affordability, reduces immediate financial pressure, and provides buyers with greater flexibility as they secure their dream home during this auspicious festive window.
A spokesperson from Chandak Group commented,
“Gudi Padwa symbolises optimism, renewal and the start of meaningful journeys, much like the decision to own a home. As we celebrate four decades of delivering spaces that inspire trust and elevate lifestyles, this festive offering reflects our commitment to making premium homeownership more accessible. The 40:60 Developer Subvention Scheme provides financial comfort while allowing buyers to invest with confidence, aligning the joy of festive celebration with the pride of owning a Chandak Group home.”
Over the past four decades, Chandak Group has built a strong reputation for quality construction, timely delivery, and customer-first development across Mumbai’s residential landscape. The Gudi Padwa initiative further underscores the brand’s evolving vision of value-driven luxury, where thoughtfully planned homes are complemented by smart financial solutions.
With limited-period benefits and festive sentiment driving buyer interest, the developer anticipates strong traction from families and investors seeking to align a culturally significant moment with a strategic real estate decision. As Gudi Padwa sets the tone for a promising year ahead, Chandak Group invites homebuyers to step into a new chapter defined by comfort, confidence, and enduring trust.
