Lifestyle

Shilphata property market: An overview

[ecis2016.org] Shilphata is a popular locality of Mumbai, which is located in the suburb beyond Thane and is a preferred residential destination

Shilphata is located to the east of the Parsik Hills on the old Mumbai-Pune Road and south of Mumbra. It lies in close proximity to areas of Diva, Airoli, Taloja, Ghansoli, Dombivali, Mulund east, Koperkhairane, Thane east, Turbhe and Vashi.

You are reading: Shilphata property market: An overview

The renowned builders investing in Shilphata include Dosti Group, Saj Vision Developer, Gajra Group, Arihant Superstructures, Bharat Infra, Al Saad Constructions, Mateshwari Group, Sai Shrushti E

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Connectivity with nearby Shilphata localities

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 area is served by the National Highway 4 (Mumbai-Pune Road).
  • The nearest railway station is the Mumbra railway station which is situated at a distance of 10 kilometres from the locality.
  • The nearest airport is Chhatrapati Shivaji Maharaj International Airport, which is 37.2 kilometers from the locality.
  • NMMT and KDMT transport networks of bus services are operational here.

Read also : Raj Nagar Extension Real Estate: An Overview

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Employment hubs near Shilphata

The locality is witnessing an increase in the population in the recent years owing to its proximity to various commercial complexes in and near Shilphata, such as:

  • Bandra-Kurla Complex which is situated at a distance of 32.1 kilometres.

Read also : Raj Nagar Extension Real Estate: An Overview

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Schools in Shilphata and other social amenities

Shilphata provides its residents with all kinds of social amenities to live a happy and peaceful life.  They include various schools and hospitals. Gurukul English School, Hello Kids Blossoms, Saraswati Mandir Padlegaon School, Madrassa Riyaz-Ul-Anwar, SNM School and Junior College, Hilaal Public School, SNM School and Junior College and many more, enjoy being among the popular educational institutions of Shilphata.

The major hospitals in Shilphata include Kalsekar Hospital, New Sahil Medical, Millennium Hospital, Dr Nilesh S Kawathekar’s Shridharswami Children’s Clinic, Dongre Hospital and Shahwna Hospital.

Apart from these, it also provides recreational amenities and proximity to various banks and ATMs, including Dombivli Nagar Sahakar Bank Pvt, ICICI Bank, Indian Bank, HDFC Bank, Central Bank of India and Yes Bank.

Physical Infrastructure in Shilphata

  • MSRDC has proposed the development of a six-lane elevated road on the Bhiwandi- Kalyan-Shilphata Road
  • Shilphata is supposed to be a route on the Mumbai Monorail line, which is to be set up between Mahape and Kalyan.

Read also : Raj Nagar Extension Real Estate: An Overview

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  • Price appreciation in Shilphata – Around 7% in last 41 months.
  • Current property rates in Shilphata – Rs 4,363 – Rs 6,494 per sq ft.

Read also : Raj Nagar Extension Real Estate: An Overview

Read also : Ramky Infrastructure- Builder Overview

 

Reasons to invest in Shilphata

Shilphata has emerged as a very convenient neighbourhood, considering the easy living conditions and many job opportunities that it provides its residents with. The rise in property pricing and demand, make investing in Shilphata a lucrative attempt. The presence of commercial hubs in and around the locality, make Shilphata a preferred working as well as residential destination of Mumbai.

Projects like Marvel Lifespaces’ Shanti Greens, Mukta Developers’ Luxuria, Nice Construction Park and Parshwa Mera Ghar Nighu, situated in and around the locality are among the best projects to invest in Shilphata.

Check properties in Shilphata

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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