Casa Rio Project Analysis: Casa Rio is one of several projects launched by Lodha Developers
under the ‘CASA by Lodha’ brand, which offers affordable and mid segment housing. It is a part
of the ‘Palava’ project which extends over 3500 acres and is being developed as a planned megacity.
Casa Rio is situated 8 kms from the suburb of Dombivali, near Mumbai and is close to
Thane and Navi Mumbai as well. It is a 30 minute drive away from Mumbai’s proposed new
CASA Rio extends over 148 acres and has a total saleable area of ~6 mn sft. The project consists
of approximately 150 buildings, each with either 8 or 18 stories. The project offers one BHK,
two BHK and three BHK apartments. The current price range of these flats is between `19 lakhs
and ` 35 lakhs, and the value of the entire project is expected to be ` 1920 crores.