Why Invest In Manpada, Thane?
Invest In Manpada : In North Thane, Manpada is a rapidly expanding residential neighbourhood. Due to the area’s strategic location between Thane and Mumbai and accessibility to important roads like the Eastern Freeway, National Highway 48, and Ghodbunder Road, it has experienced rapid growth. Additionally, Kolshet Industrial Area and a number of IT hubs are nearby. The driving forces behind Manpada’s rising housing demand are listed by navimumbaihouses.
In Thane, Manpada is a developing residential area. It’s about two kilometres from Thane City and 24 kilometres from Navi Mumbai.
The two principal thoroughfares in Manpada are Khewra Cir Marg and Tikuji Ni Wadi Road. Majiwada, Naupada, Kalwa, Thane West, Kapurbawdi, Gawand Baug, Kalher, Kolshet, Hiranandani Estate, and Patlipada are popular residential areas close to Manpada.
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In what region is Manpada?
Manpada is situated in northern Thane along National Highway (NH) 48. The region stretches from Patlipada to the service road to Ghodbunder. Popular areas like Ghodbunder, Tikuji Ni Wadi, Tulsdham Road, and Smt Gladys Alvares Road surround it. Manpada is connect to the Western and Eastern Highways by the Ghodbunder Road.
Invest In Manpada : How is the internet in Manpada?
Manpada has excellent transportation links to Thane, Navi Mumbai, and Mumbai. Access in the area will soon be further improved by planned metro connectivity.
The Jogeshwari-Vikhroli Link Road (JVLR), Ghodbunder Road, Santa Cruz-Chembur Link Road, Thane-Belapur Road, Mumbai-Nashik Highway, National Highway 48, and the Eastern Expressway are the principal thoroughfares linking Manpada to other areas of the Mumbai Metropolitan Region (MMR).
Between Thane, Manpada, and Mumbai neighbourhoods like Borivali, Ghatkopar, and Andheri, BEST buses run frequently. Additional areas served by buses include South Mumbai, Thane City, Vashi, and Bhayander.
Through the nearby Thane Railway Station, Manpada is connect to the Indian Railways (7 km). The Eastern Express Highway connects Manpada with the Mumbai International Airport, which is 24 kilometres away.
What influences Manpada’s demand for housing?
Thane West has been home to a number of software and information technology (IT) hubs, including Ashar IT Park, ThaneOne Corporate, Odyssey IT Park, and Amfotech IT Park. The need for housing in Manpada has increased as a result of this commercial expansion. Apartments and standalone villas are mixed together in the area’s residential stock.
What are the local infrastructure facilities?
The metro project’s ongoing Phase 4, which will connect Kasaravadavali and Wadala, is anticipated to enhance the area’s transit options. The newly propose Rapid Public Transport (RPT) systems and this route, which is intended to follow the Ghodbunder Road, will help to improve the area’s transportation infrastructure.
Invest In Manpada : Infirmaries in Manpada
Several well-known medical facilities in Manpada include:
- Hospitals like Siddhivinayak, TMC, Bethany, and Vedant for Children
- Hospital Jupiter Titan Hospital
Invest In Manpada : Education in Manpada
Manpada’s neighbourhood is home to a number of schools with top-notch facilities. These consist of
- International School Ryan
- Public School of Lok Puram
- International Preschool Serra
- Universal College
- SBJ High School for English
- Horizon New School
- Sunshine Preschool
- School for Play Bachpan
- Carmel Senior High
Invest In Manpada : What are Manpada’s typical home prices?
According to navimumbaihouses.com, the average purchase price for residential properties in Manpada is Rs 14,000 per square foot. In the last five years, the values have increased by over 15%.
How much does it generally cost to rent an apartment in Manpada?
Manpada’s 2 BHK homes typically rent for around Rs 29,000 per month, which is less than nearby Hari Om Nagar, where similar homes typically rent for about Rs 33,000 per month.
Which Manpada projects and developers are the most well-known?
Some well-known projects in Manpada include Neelkanth Woods Olivia, Kalpataru Hills Phase II, Acme Ozone Herbelia, Ashar Edge, Acme Ozone, and USD Unique Vistas. Acme Housing, Cosmos Group, and Kalpataru Limited are a few well-known contractors working on projects nearby.
Invest In Manpada : How has Manpada been perceive by locals?
Manpada has received the highest ratings for infrastructure and transportation from reviewers on the navimumbaihouses.com Reviews and Ratings platform. Schools are close by and are easily accessible, which are both positive factors for the area. However, “high pollution” has also been noted as a drawback of the area by reviewers.
“Manpada has a consistent water supply and is close to NH-48. Due to its proximity to the main thoroughfare, there is heavy vehicular traffic there, which causes backups during rush hour.”
Manpada is close to many beautiful tourist attractions. While Manpada is eight kilometres from the Ovalekar Wadi Butterfly Garden, Kolshet Creek is only six kilometres away. About 5 km away is the renowned Upvan Lake.
Overall, the high capital appreciation and reasonable rents and buy rates point to Manpada as a promising investment location; however, it would be best to seek professional advice to avoid any future issues.
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