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Mumbai may be a city where buying property is generally for those with deep pockets,however, you would be happy to know that there are many budget friendly options available for investment around Mumbai, and these will not cause a huge dent in your pockets too!!
Budget homes in around Mumbai amidst pristine nature without compromising on the modern lifestyle is what we desire to have but finding the best in the most affordable rates has always been tiresome.
Along with the new infrastructural developments in these areas and provision of modern amenities here we try an enlist some of the the best options for investments that you can look out for around Mumbai.
Taloja: Located between Mumbai and Pune, Taloja seems an option keeping in mind the accessibility it provides to Mumbai-Pune highway. The rail connectivity from Kharghar and Panvel has opened up options for residency. In the near future it will push real estate values so if you are looking from a long-term appreciations point of view Taloja is the best investment option in Navi Mumbai. The close proximity to Central park, Kharghar golf course, schools and colleges will give the real estate sector an exponential boost. With slow and steady rise in residential properties prices over the past years, the place has managed to woo homebuyers.Wadhwa Wise City is one of the project that offers modern facilities and regardless to say, about its proximity to the upcoming Navi mumbai International Airport proffers an alternate option for property investment.
Badlapur: Badlapur located in Maharashtra’s Thane district lies in the outskirts of MMR is witnessing huge interests from the end users and also investors. This area has given a huge boost to the Mumbai property rates. More people, who work in Mumbai and want 2 BHK flats in Mumbai, are now preferring to buy in Badlapur. So Badlapur has become the next stop for the discerning home hunter after Thane, Kalyan and Dombivli. Platinum Sagar has affordable homes with world class amenities. It is the perfect residential space where one can experience a new way of living with their loved ones.
The smooth connectivity has played an important role in elevating Badlapur’s real estate scenario today. Both East and West Badlapur offers affordable home options as well as properties that are well planned and well designed. With the transformation of the skyline of the town, it is sure to give opportunities for better returns in future.
Khopoli: An industrial town in Khalapur Taluka that offers panoramic beauty. Pollution free surroundings and away from the chaos is what Khopoli stands out for. Khopoli is finding favor amongst homebuyers for its strategic location which offers easy access to Navi Mumbai, Mumbai and Pune. Real estate developers have been coming up with premium and affordable residential projects in Khopoli and there is an ample of scope for future appreciation with better connectivity and infrastructure development. The two major railway stations in connecting to Khopoli are Khopoli Railway Station and Lowjee Railway Station.
Some of the premium residential projects in this stretch include Jainam Garden and Balaji Infra Balaji Complex. These projects provide world class specifications and facilities to render comfortable lifestyle. With intelligent space utilization, every unit is a perfect place to call home. Residents can also access the National Highway 4 which runs through the town and many apartment complexes, houses and independent villas are sprouting up in the neighbourhood.
Shahapur: Shahapur, the largest Taluka in the Thane District, is surrounded by the mountain ranges and attracts tourism in its vicinity because of its closeness to Mahuli fort, Aaja Parvat, Manas Mandir and Gurudwara. The nearest railway station, Asangaon, has amazing residential projects in the vicinity. Shahapur supplies ample litres of water per day to Mumbai. Therefore, the town is declared as a ‘No Chemical Zone’ by the government.
Away from the hustle and good air quality makes Shahapur a better investment option with good return on investment.
The apartments in Shahapur exhibiting picturesque view are mostly new constructions and equipped with modern amenities.
A project by Jashnani Constructions, Chintamani Habitat, seems to be a great investment choice. As it falls under Delhi-Mumbai Industrial Corridor it is conceived to be a global manufacturing and trading hub, the project is expected to double employment potential, triple industrial output and quadruple exports from the region in five years.
Boisar: Located in Palghar district, Boisar is one of Mumbai’s fastest-growing suburbs. The locality includes Mira Road and the areas beyond. It is very well connected to all parts of Mumbai. The region has developed residential areas as it is considered to be the biggest MIDC in Maharashtra. Boisar-Tarapur road, Boisar-Palghar Road and Navapur road avails good connectivity. Railway services from Virar railway station in the vicinity and Mira road Bus stop can be accessed from Boisar. The fact that Boisar is offering excellent connectivity and infrastructure to its residents is the major reasons for its rapid growth. While budget is the main factor that influences a home buying decision, locations that offer job opportunities are also sought after by home buyers. The proposed infrastructure and real estate projects in the area, are likely to transform this location into a promotional residential area. The property rates in Boisar has been verycost-effective. The demand for 1 BHK flats and 2 BHK flats in Boisar has expounded lately.
One good investment option to invest in Boisar is Mahindra Lifespaces Happinest The Apartments offer good amenities that target to deliver wonderful family moments & memories, at possible prices.
Bhiwandi: As the western suburbs have become over-crowded and central offer quality homes but at a higher price, Bhiwandi is one of the best choices to look for. The locality enjoys close proximity and accessibility to developed areas of Mumbai Central, Thane, Kalyan, Vasai, Wada and Borivali, as well as Nashik, Shirdi, Aurangabad and Pune.
Bhiwandi is known for its textile industry and has the biggest power looms in the country. It is a big industrial hub for the textile industry. Being situated close to Mumbai, Thane and owing to the development of the region by MMRDA, Bhiwandi is now a popular commercial hub with ample employment opportunities giving rise to more residential properties in the proximity.
Ambika city is an integrated project enveloped by hills, and dotted with open green spaces. The location also has excellent potential for growth, owing to the upcoming social, economic and physical infrastructure development in Bhiwandi
Titwala: Titwala is connected to Kalyan city via Murbad highway. It is situated close to a railway station that connects to the central line of the Mumbai local railways. Surely granting individuals a peaceful lifestyle. This place has a lot to offer than just a scenic view. Schools, hospitals, restaurants and shopping malls are conveniently located nearby leading a leisure life. Most affordable 1 BHK apartments in this location are currently making a way in the real estate market for this location.
Robust connectivity, social infrastructure and business hubs are futuristic aspects for the real estate to grow. Until few years, it was a second home and farm house destination but now it is emerging as a budget residential destination. In terms of both, the price point and the size of the apartments on offer, it is an ideal choice for the working class.
Both the exterior and the interior of Aryan Paradise’s architecture is intelligently designed making optimum utilization of space, well-equipped with modern facilities and a good alternate choice for investment.
Neral: Bounded by greenery everywhere and less pollution to deal with, Neral offers investment options for the buyers looking out for affordable homes around Mumbai. A town in Raigad District with scenic farm houses, resorts amidst nature have always been an investment and tourist attraction respectively.
Neral falls under the MMRDA development zone. It has an amazingly varied topography. More and more real estate developers are investing in Neral. The state government of Maharashtra has initiated several mega infrastructure projects which will help in the growth of property rates in Neral. Neral provides its residents with all kinds of social amenities to live a happy and peaceful life. Olympeo riverside and Sai Krupa Valley in Neral offer good property investment choice.
Plush green locality and stress-free life is what one needs to lead a comfortable life and these mentioned 8 places are sure to serve you more than just a home. Thepropertist.com offers assistance to embark upon a beautiful journey called life to create more memories and have a peaceful life.