[ecis2016.org] Tilak Nagar in Mumbai is named after the nationalist Bal Gangadhar Tilak and it is primarily a residential colony. This locality was built in 1960s for the lower middle class people. But over the last decade there have been developments in this area and this colony is not only for the lower middle class people for all. There has been significant growth in commercial sector too in this area.
The Tilak Nagar area has been recently developed. Over the past decade there have been a lot of
You are reading: Tilak Nagar property market: An overview
improvements in this area and there has been a lot of demand for flats and apartments in this area.
Many real estate builders in Tilak Nagar are constructing flats and apartments here. The flats and
apartments in Tilak Nagar are of varying sizes and amenities suiting the needs of various people.
Developers like F-Residencies, Godrej Coliseum, A & O Realty have constructed several buildings in
various places.
Employment hubs near Tilak Nagar
The distance from Tilak Nagar to Bandra is 12.5 km via Chembur Road
The distance from Tilak Nagar to Lower Parel is 10.9 km via Eastern Express Highway
The distance from Tilak Nagar to Andheri is 8km.
Connectivity with nearby Tilak Nagar localities
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The distance from Tilak Nagar to Chatrapati Shivaji International Airport is 10.2 km.
The distance from Tilak Nagar to Local Railway Station is 13.6 km
There are several bus stops which connect with this area.
Schools in Tilak Nagar and other social amenities
The social infrastructure of this place is well developed. There are schools in Tilak Nagar like Holy
Family High School, The Winners Academy etc. There are hospitals in Tilak Nagar like Sun Diagnostic
Centre, Mahanagar Palika Hospital. There are shopping malls in Tilak Nagar like Sai Plaza Shopping
Mall, Janta Super Market etc. There are restaurants in Tilak Nagar like Cafe Edesia etc. There are
Banks in Tilak Nagar like ICICI Bank ATM, Canara Bank etc.
Price trends in Tilak Nagar
The price trend for Tilak Nagar for multi storey apartments from October to December 2016 has
been like: The highest locality price is Rs 17369, the average locality price is Rs 14446, the lowest
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locality price is 11523.
Reasons to invest in Tilak Nagar
This area is a developing area and there is high demand of this area both for residential and
commercial purposes. There are several residential complexes of varying sizes with different
amenities for different people. Many business and commercial complexes are also located in this
area. The distance from Tilak Nagar to other important commercial areas are also close by. The
social infrastructure of this area is well developed with many schools and colleges. There are many
well equipped hospitals that provide a wide range of facilities. There are many refreshment options
too like restaurants, parks, cinema hall etc. The distance from airport, railway stations etc are close
by. The real estate developers can invest in this area as this locality is one of the fastest growing
areas and also very high in demand among the masses for both residential and commercial
purposes.
Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle
