{"id":62223,"date":"2022-09-23T16:01:13","date_gmt":"2022-09-23T10:31:13","guid":{"rendered":"https:\/\/navimumbaihouses.com\/blog\/?p=62223"},"modified":"2022-09-23T16:11:54","modified_gmt":"2022-09-23T10:41:54","slug":"shahapur-a-smart-choice","status":"publish","type":"post","link":"https:\/\/navimumbaihouses.com\/blog\/news\/shahapur-a-smart-choice\/","title":{"rendered":"Why Is Shahapur A Smart Choice For Investors In Thane?"},"content":{"rendered":"

Shahapur<\/a>, a suburb of Thane, has seen a rise in real estate demand as a result of its thriving tourism sector, employment hubs, and easy access to the rest of the city. Let’s examine how Shahapur’s real estate market is predicted to evolve over the coming years given the numerous infrastructural projects that are planned.<\/p>\n

\n

Are you searching flat for rent in bandra?<\/a><\/strong><\/p>\n

\n

 <\/p>\n

The town is situated along the planned Delhi-Mumbai<\/a> Industrial Corridor (DMIC), which places the area on the growth spectrum. It is nestle between the triangles of Pune, Nashik, and Mumbai. Industry statistics state that in Q1 2022, almost 26% of new releases were in the Mumbai Beyond Thane<\/a> region. Its increasing residential demand could be the cause of this increase.<\/p>\n

 <\/p>\n

The centre for low-cost housing<\/h2>\n

Shahapur is a growing residential market that primarily consists of inexpensive spaces. The inventory is made up of both apartments and standalone homes, with the 1 BHK & 2 BHK typologies predominating. A 1 BHK apartment with a size of 250\u2013600 square feet may cost between Rs 10\u201320 lakh and a 2 BHK apartment with a size of 750\u20132,000 square feet may cost between Rs 25\u201340 lakh. Similar to that, a 3 BHK, 2,500\u20136,000 square foot residential area can cost up to Rs 1 crore.<\/p>\n

The area’s consistent investment returns are a noteworthy development that has investors’ interest. Around 20% YoY price growth was seen in Shahapur. Properties in the neighbourhood are in high demand because the average home price in the area is 3,250 per square foot.<\/p>\n

Due to its position and accessibility to major job centres, the neighbourhood has a high demand for rentals. In Shahapur, a 1 BHK property may rent for about Rs 8,000 per month, while a 2 BHK home might bring in Rs 9,000\u201320,000 per month.<\/p>\n

 <\/p>\n

Seamless access to employment areas<\/h2>\n

The area is traverse by National Highway (NH) 160, popularly known as the Mumbai-Agra National Highway, which connects to important areas of the city. Also connected by the route are Liberty Oil, Oswal Industrial Estate, and Jindal Steel, three significant industrial hubs. Well-connected by road and rail are well-known cities like Nashik, Pune, and Mumbai.<\/p>\n

The region offers access to the industrial zone designated by the Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) as the Igatpuri-Nashik-Sinnar Investment Region.<\/p>\n

Shahapur will be include in the future Delhi-Mumbai Industrial Corridor (DMIC), therefore additional infrastructure improvements and new employment centres are anticipate.<\/p>\n

Shahapur is a well-known tourist hub and is serve by numerous trains. Within three kilometres, via Station Road from Asangaon<\/a> Railway Station, there is a rail connection to Shahapur. In addition, the Maharashtra State Road Transport Corporation also operates a large number of buses.<\/p>\n

The table below outlines the infrastructure comforts of Shahapur.<\/p>\n

 <\/p>\n\n\n\n\n\n\n
Facility<\/strong><\/td>\nInfrastructure facilities<\/strong><\/td>\n<\/tr>\n
Educational institutes<\/td>\nDisha Institute of Paramedical Science, Archana Trust English Medium School, Dr Shivajirao S Jondhle International School<\/td>\n<\/tr>\n
Renowned hospitals<\/td>\nAnurag Multispecialty Hospital, Sayad Hospital, Crystalcare Hospitals<\/td>\n<\/tr>\n
Tourist places<\/td>\nKohoj Fort, Manas Mandir, Tansa Wildlife Sanctuary, Mahauli Fort<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Future developments<\/h2>\n

Numerous improvements have already been adopt and put into place since the region became well-known as a tourist destination. Moving away from its “designated” trait, the Maharashtra administration has implemented more changes to raise the state’s standard of living and investment holdings. These consist of:<\/p>\n

    \n
  • The Thane Metro, a system of rapid public transportation, is currently being built and, once finished, will connect the cities of Thane and Mumbai. The line will be joined to Lines 4 and 5 of the Mumbai Metro. It will include 22 stations spread out throughout a 29 km-long circuit.<\/li>\n
  • The future Delhi-Mumbai Industrial Corridor includes Shahapur. The 1438 km long corridor intends to increase the manufacturing and service sectors in India. The expressway will promote the growth of high-tech industrial zones in significant cities with financial and technical assistance from Japan.<\/li>\n<\/ul>\n

    The upcoming projects<\/a> would probably significantly increase property values and demand for homes in Shahapur, Thane<\/a>. Despite the region’s real estate market’s current success, new projects will improve the area’s position.<\/p>\n

     <\/p>\n

     <\/p>\n

    2 BHK Flats Beyond Thane<\/span><\/strong><\/span><\/p>\n