Wadhwa 723 Avenue

Wadhwa 723 Avenue is a glass-fronted office building on Marol Co-operative Road, off Andheri-Kurla Road in Marol, Andheri East, built by the House of Wadhwa (The Wadhwa Group, Mumbai developers since 1964). It is about 1 km from Marol Naka, where Metro Line 1 meets Metro Line 3, about 12 minutes from the international airport and 10 minutes from the Western Express Highway. The building: about 2,00,000 sq ft over ground plus 15 floors. High-street retail anchors on the ground and 1st floors, office floors above (about five offices a floor, which can be combined), and a sky restaurant and landscaped terrace garden at the top, over three basement parking levels. Double-glazed facade, VRF air conditioning with treated fresh air and CO2 monitoring, building management system, RFID access, visitor management, 24x7 CCTV, power backup and EV charging on every basement level. Architect: Spacious Designs. Green building consultant: Surmount Energy. Status: occupation certificate received, so no GST on purchase. Offices for sale (October 2026): - Unit 301: 1,733 sq ft carpet at Rs 50,000 per sq ft = about Rs 8.67 Cr (also offered on lease) - Unit 504: 968 sq ft carpet at Rs 50,000 per sq ft = about Rs 4.84 Cr Plus stamp duty and registration. Car parks Rs 25 lakh each. Offices for lease (October 2026): - 2nd floor: 6,500 sq ft carpet + 450 sq ft terrace (11,450 sq ft chargeable) - 3rd floor: 1,733 sq ft carpet (2,860 sq ft chargeable) - 13th floor: 7,000 sq ft carpet (11,550 sq ft chargeable) - 14th floor: 5,500 sq ft carpet + 2,000 sq ft private terrace (12,000 sq ft chargeable) Rent per sq ft of chargeable area a month: furnished Rs 225 with 8 months' deposit; unfurnished Rs 190 with 6 months' deposit. CAM Rs 10 per sq ft. Rent goes up 5% every year. Free car parking at 1 per 1,000 sq ft of carpet; extra car parks Rs 15,000 a month each. MahaRERA registration P51800050698.