Connectivity and affordability drive the residential market of Shilphata
Shilphata is a developing residential locality which is situated at the junction of Old Mumbai-Pune Road (NH4) and Kalyan- Shilphata Road. The region is around 5 kilometers from the south of Mumbra in the Thane district of Maharashtra. The locality is developing on the back of several factors including affordable housing options, strong connectivity, well-developed infrastructure, connectivity via various public transit systems, availability of modern day conveniences, an influx of global lifestyle, rapid urbanization and improved socio-economic conditions. The unison of these factors has escalated the sales of ready to occupy residential dwellings and has inspired the property developers to bring in more residential projects.
Shilphata offers hassle free commute to other parts of the city via robust road structures- NH-4, Shilphata-Mahapade Road, Kalyan-Shilphata Road and Pipeline Road. In addition to it, the locality act as a junction connecting Navi Mumbai via Kalyan-Dombivili-Bhiwandi, Taloja-Panvel-Pune-Goa-JNPT and Thane. Residents can easily avail uninterrupted rail services from Nilaje and Mumbra Railway Stations. This seamless connectivity has created a boom in the locality’s residential market.
In terms of infrastructure, completion of monorail will favor the area’s residential market. Availability of commercial avenues like reputed school, colleges, entertainment zones, health care centers, among others has increased its livable quotient. Buoyancy with the aforementioned positive sentiments has further appreciated the property values. This increment can be safely observed from the data mentioned on 99acres.com. According to it, the prices have risen from Rs. 4887 per square foot in July-September 2014 to Rs. 4972 per square foot in January-Present 2016. The hike in the property values has inspired the developers to come up with more residential projects. Therefore, buoyed with positive notions, Shilphata is one such location which offers numerous facilities to invest and reside in.
So, if you are looking to invest in the affordably priced residential properties, then consider the following new projects coming up in Shilphata.
NEW RESIDENTIAL PROJECTS
• Bharat Ecovistas, an upcoming residential development by Bharat Group is located in Shil Phata, Mumbai Navi. The project offers beautifully crafted 1-2 BHK apartments which will be available in a price range of Rs. 36.14-56.69 lakh. The project is well-versed with modern facilities and ultra-modern amenities including multipurpose court, swimming pool, rain water harvesting, landscape garden, paved compound, meditation center, multipurpose hall, property staff, club house, kids play area, car parking, power back up, 24/7 water supply, lifts, intercom, among others. The project is in proximity to various civic utilities and is served by public transit systems. The group has decided to start the possession of the project by April 2016.
• Dosti Planet North, an upcoming residential development by Dosti Group is located in Shil Phata, Mumbai Navi. The project offers opulent spacing 1-6 BHK apartments which will be available in a price range of Rs. 32.35-57.3 lakh. The project is well equipped with modern features and best-in-class amenities including entrance lobby, high speed elevators, club house, kids play area, car parking, 24/7 water supply, piped gas, property staff, meditation center, gym, swimming pool, landscape garden, paved compound, table tennis, cafeteria, library, jogging track, toddler pool, intercom, lifts, among others. The project is well connected to prominent destinations of the city and is served by all the means of public transport systems. The group has decided to start the possession of the project by December 2016.
Shilphata offers hassle free commute to other parts of the city via robust road structures- NH-4, Shilphata-Mahapade Road, Kalyan-Shilphata Road and Pipeline Road. In addition to it, the locality act as a junction connecting Navi Mumbai via Kalyan-Dombivili-Bhiwandi, Taloja-Panvel-Pune-Goa-JNPT and Thane. Residents can easily avail uninterrupted rail services from Nilaje and Mumbra Railway Stations. This seamless connectivity has created a boom in the locality’s residential market.
In terms of infrastructure, completion of monorail will favor the area’s residential market. Availability of commercial avenues like reputed school, colleges, entertainment zones, health care centers, among others has increased its livable quotient. Buoyancy with the aforementioned positive sentiments has further appreciated the property values. This increment can be safely observed from the data mentioned on 99acres.com. According to it, the prices have risen from Rs. 4887 per square foot in July-September 2014 to Rs. 4972 per square foot in January-Present 2016. The hike in the property values has inspired the developers to come up with more residential projects. Therefore, buoyed with positive notions, Shilphata is one such location which offers numerous facilities to invest and reside in.
So, if you are looking to invest in the affordably priced residential properties, then consider the following new projects coming up in Shilphata.
NEW RESIDENTIAL PROJECTS
• Bharat Ecovistas, an upcoming residential development by Bharat Group is located in Shil Phata, Mumbai Navi. The project offers beautifully crafted 1-2 BHK apartments which will be available in a price range of Rs. 36.14-56.69 lakh. The project is well-versed with modern facilities and ultra-modern amenities including multipurpose court, swimming pool, rain water harvesting, landscape garden, paved compound, meditation center, multipurpose hall, property staff, club house, kids play area, car parking, power back up, 24/7 water supply, lifts, intercom, among others. The project is in proximity to various civic utilities and is served by public transit systems. The group has decided to start the possession of the project by April 2016.
• Dosti Planet North, an upcoming residential development by Dosti Group is located in Shil Phata, Mumbai Navi. The project offers opulent spacing 1-6 BHK apartments which will be available in a price range of Rs. 32.35-57.3 lakh. The project is well equipped with modern features and best-in-class amenities including entrance lobby, high speed elevators, club house, kids play area, car parking, 24/7 water supply, piped gas, property staff, meditation center, gym, swimming pool, landscape garden, paved compound, table tennis, cafeteria, library, jogging track, toddler pool, intercom, lifts, among others. The project is well connected to prominent destinations of the city and is served by all the means of public transport systems. The group has decided to start the possession of the project by December 2016.
Aakanksha Pasricha writes for 99acres.com.
She has been writing for the real estate developments happening in different
parts of India. When she isn’t writing she browses around the high streets as
she definitely has an eye for details. You can visit her @G+aakanksha
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