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A popular region in Maharashtra, Ambernath is a well-developed locality and enjoys close proximity to other developed areas of Mumbai such as Kalyan west, Kalyan east, Ambivali, Badlapur east, Badlapur west, Navgaon and Ulhasnagar. It is a part of the Mumbai Metropolitan Region (MMR). Renowned builders operating in Ambernath east include GBK Group, Ahuja Group, Mohan Group, Lok Nagari Developers, Aashray Group, Jupiter Commanders, Everest Group, Patel Group and Tharwani, while builders like Mohan Group, Patel RPL Group, Tharwani, Rohan Construction, Amber Builders, Karrm Infrastructure, Raj Group, Srishti Group and Square Feet Group have been investing in Ambernath west. Ambernath east houses the famous Shiva Temple which attracts lot of tourists every year.
You are reading: Ambernath property market: An overview
The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways. The locality is witnessing an increase in population in recent years, owing to its proximity to various employment hubs.
Read also : SC asks Unitech MD to show bonafide, by depositing Rs 1,000 crores
Connectivity with nearby Ambernath localities
- Ambernath is split by the railway station into Ambernath west and east. Ambernath Railway Station is located on the on the Central line of the Mumbai suburban railway network.
- The nearest airport is the Chhatrapati Shivaji Maharaj International Airport.
Read also : SC asks Unitech MD to show bonafide, by depositing Rs 1,000 crores
Employment hubs near Ambernath
- Manufacturing facility of WIMCO, which is India’s largest manufacturer of safety matchsticks is housed here.
- Ambernath west forms a part of an industrial belt housing a number of chemical factories.
Read also : SC asks Unitech MD to show bonafide, by depositing Rs 1,000 crores
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Ambernath provides its residents with all kinds of social amenities to live a happy and peaceful life. Various schools in Ambernath include Adarsha Navbharat Primary School, Sister Nivedita English School, Municipality School, Gokhale Rahalkar Shala, Modern English High School, Institute for Training in Mobile Technology and many others.
The major hospitals in Ambernath include the Bhise Hospital, Akshaya Hospital, Aditya Nursing Home, Leela Zhohara Hospital, Ambika Medical, Chaudhari Hospital and Shree Dattatraya Hospital.
Apart from these, it also provides recreational amenities and proximity to various banks and ATMs.
The locality also provides its residents with many luxurious shopping centres such as Sawant Arcade and D-Mart. The hotels situated in the locality include Krishna Palace Hotel.
Read also : SC asks Unitech MD to show bonafide, by depositing Rs 1,000 crores
Physical infrastructure in Ambernath
Plans for the development of 27 villages in Ambernath, has been approved by the government.
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Price trends in Ambernath
- Price appreciation in Ambernath east – Around 10.2% in last 2 years.
- Price appreciation in Ambernath west – Around 4.5% in last 2 years.
- Current property rates – Rs 3,026–Rs 4,539per sq ft.
Read also : SC asks Unitech MD to show bonafide, by depositing Rs 1,000 crores
Reasons to invest in Ambernath
Considering the increasing price trends in both Ambernath east and west and the obvious rise in demand, the locality is sure to prove to be a good investment in the future. The presence of commercial centres in and around the locality is making Ambernath a coveted working, as well as a residential destination.
Big-ticket projects like Tharwani Realty Ariana, Mohan Nano Estates, JP Corp Symphony and Sri Buildcon Heritage make Ambernath a preferred residential neighbourhood.
Check properties in Ambernath
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Source: https://ecis2016.org
Category: Lifestyle
