Why Invest In Shahapur Properties Buying Guide

Surrounded by majestic mountain ranges of the western ghats, Shahapur often considered as a second home destination is morphing into a first home destination for many city slickers. Still majorly unexplored, many individuals have admitted to fostering doubts regarding their decision to buy a home within the vicinity. So, why should one think of buying a property in Shahapur? The following justifications should clear your mind and help you make the right decision.

How to reach Shahapur?

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Shahapur is situated right between Mumbai & Nashik on NH-3. The distance from Mumbai is approximately 73 km via Eastern Express Highway/ Mumbai Nashik National Highway and NH 160. Local trains are frequent every 15-20 minutes from CST to Shahapur (Asangaon). Chhatrapati Shivaji Maharaj International Airport is around 80 km away via NH 160. Asangaon and Atgaon railway station is within a 5 km radius. 

Finding affordable homes in Shahapur within your budget is what attracts investors to buy property in Shahapur. Since Shahapur has been upgraded from Gram Panchayat to Nagar Parishad more funds have been allotted for the development of this region. Currently, there are almost 60 Builders & Developers, developing Shahapur. You can find new projects everywhere. The current Shahapur property rates range from  Rs 1,648 - Rs 2,502 per sq ft. The flat rates in Shahapur, thane with many luxurious amenities is driving more homebuyers in this locality. Some of the upcoming projects are Chintamani Habitat Shahapur, Royale City, Royale Shagun & Mayfair Aasaan where you can explore great deals for 1 BHK flat in Shahapur.

Close to Nature

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MTDC has declared Shahapur as “Tourist Destination” as it attracts lots of tourists to places like Mahuli Fort, Aajoba Parvat and Manas Mandir which is the second-largest Jain temple in Asia. Shahapur’s undulating hilly terrain and lofty slopes make it an ideal spot for weekend holidays, picnics, trekking, and hiking. Adventure lovers, mountain climbers consider this place as their favourite destination during the rainy season. 

Declared as “No Chemical Zone”

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Shahapur has four major dams Bhatsa, Tansa, Vaitarna & Modak Sagaris which majorly supplies drinking water to Mumbai and Thane, therefore, it has been declared as “No Chemical Zone” by the Government of Maharashtra because of the existence of freshwater supply. So the question of adequate water supply doesn't arise. 

Industries & Employment Opportunities nearby

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Being a popular tourist destination, tourism is a major industry in this area. The other important industries in this area are Jindal Steel, Liberty Oil, and Oswal Industrial Estates on the Mumbai-Nashik Highway. Shahapur is approximately 40 km away from the Igatpuri-Nashik-Sinnar Investment Region (INSIR) which is identified as an industrial zone by DMICDC. 

Basic Amenities 

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There are amenities and facilities located in close proximity to each other that are capable of providing individuals with the kind of lifestyle they deserve. Shahapur has two Engineering Colleges Jondhale and Alamuri Ratnamala, hospitals like Prakruti Maternity and General Hospital and Deep Smruti Nursing Home are few to name. Shopping centres like Metro Junction Mall and Kabadi Plaza for your everyday needs. With a wide range of options available Shahapur is full - equipped with basic amenities.

Preferred Second Home & Retirement Home destination

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Shahapur is also an ideal location for second home properties in Mumbai as it is surrounded by spectacular mountain ranges of Sahyadri. With low entry price and good price appreciation prospects added to its rapid growth, Shahapur is a good retirement destination for people from Mumbai, Navi Mumbai, Raigad, and Pune. 

With many affordable housing projects, great connectivity by rail and road, spectacular hill ranges, robust infrastructure growth, Shahapur is a realty hotspot. It has complete potential to emerge as 3rd Mumbai or twin city to Nashik. You can easily infer that  Shahapur property investment is the best kind of deal one can find.

For information regarding Property for sale in Shahapur check out the Thepropertist.com

Alternately, following are the projects where you can find properties as per your requirement -

Chintamani Habitat, Shahapur 

Chintamani Plaza, Shahapur

Shagun, Asangaon

Aasaan, Asangaon (E)