Whatever the property rates are, the realty estate of Mumbai never loses its charm to be a hot investment destination. However the shortage of properties in the city has led the fringes of the city to come to the rescue of the prospective home buyers. Thane and the nearby areas have been quite popular investment destination for the buyers. One such locality which has witnessed a sizeable demand for properties is Badlapur, a locality in Thane, and a part of the Mumbai Metropolitan Region. Badlapur is now the current favorite of homebuyers who consider investing in affordable homes. Take a look. |
• Badlapur East is well-connected to the rest of Mumbai via local railway network. • Better commuting with public transport modes like buses. • A network of highways such as Mumbai-Pune Expressway, Pipeline Road, and Eastern Express Highway, connect Badlapur to the Chhatrapati Shivaji International Airport.
The buyers can invest in the land parcels available at affordable prices compared to other parts of Thane. This has certainly pushed up the property rates as well as residential development past 4 – 5 years in Badlapur. Today, the locality is witnessing launch of a number of ready-to-move-in apartments. The supply of the properties is quite high, and the market watchers expect that in the upcoming few months, the market will be stable, and will offer the end-users with opportunities to enter the market.
Backed by excellent connectivity with the rest of the city parts and with a rapidly developing infrastructure, Badlapur is home to a number of new projects. Ranging from 1 BHK to independent houses, to luxurious villas, the locality has everything to offer. Prices here are much affordable as compare to other suburbs of Mumbai, hence the home buyers are enjoying the situation working in their favor.
Badlapur will soon witness onset of an affordable project Panvelkar Estate by the renowned Panvelkar Group. Spread across a whopping area of 6 blocks, Panvelkar Estate offers 1 - 2 BHK apartments and studio apartments. The project offers some best of industry specifications at unbeatable prices. The apartments have a total area of 530 - 985 Sq. Ft., while the studio apartments have a total area of 385 Sq. Ft. These properties have a starting price of Rs. 10.97 lakh. Panvelkar Estate will be ready for possession by March 2017, bringing in a total of 4000 units on sale.
Tharwani Vedant Nakshatra
Tharwani Vedant Nakshatra is a residential project by Tharwani Infrastructures in Badlapur. The project offers 1 - 3 BHK apartments at highly competitive rates. 1 BHK apartments have a total area of 644 - 704 sq. ft., which are priced at Rs. 23.83 lakh, while the 2 BHK apartments have a total area of 969 - 1008 sq. ft. and are available at Rs. 35.85 lakh. 3 BHK apartments are biggest at 1339 sq. ft., and are priced at Rs. 49.54 lakh. Tharwani Vedant Nakshatra is sprawled over 8acres and has 252 units available on sale. Possession is expected in December 2017.
Rashmi Karan is a professional writer who writes about the realty industry of India and focuses on offering location-specific information of the cities. She also offer solutions for the real estate related queries.
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