Locality review Majiwada

Q: I am planning to buy/invest in a property in Majiwada located in Thane west. Can anybody brief me about locality review??

Sankalp, Mumbai

3rd February 2014

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Replies (8)

What is the current rate per sqft going on in this locality? How are the prices of apartments ranged in this area?

Deepankar Godbole, Mumbai

27th October 2014

Comment

Property prices in the area vary widely depending on the builder, location and amenities. The approximate price of a 1BHK apartment is about Rs 18-60 lakh and that of a 2BHK apartment is about Rs 75 lakh to Rs 1.3 crore. The approximate price of a 3BHK unit is about Rs 1.5-3.5 crore. The present average property prices in Majiwada is about Rs. 10,950 per sq. ft. The area has witnessed a continuous price appreciation of almost about 25 per cent over the last two years.

Kishore Pathak, Mumbai

27th October 2014

Currently, Ghodbunder Road and Majiwada offer the most number of new projects in Thane West region every year. Hence, if you are looking at buying a new apartment within the reach of Mumbai, with very good connectivity and infrastructure, Majiwada is one place you must consider.

Ramesk Polekar, Mumbai

27th October 2014

Can anyone help me with how is the real estate market doing in this locality?

Deepankar Godbole, Mumbai

27th October 2014

Comment

Majiwada has emerged as one of the preferred real estate destinations in MMR, due to its strategic location and social infrastructure. There are already several prominent developers in the area such as Lodha Group, Rajesh LifeSpaces and Rustomjee. The most prominent apartment configurations in the area are 1, 2 and 3BHK units. A 1BHK unit usually has a built area of 540-670 sq. ft. while a 2BHK unit usually has a covered area of 750-1,150 sq. ft. A 3BHK unit has an average built area of 1,600 sq. ft.

Ashish Bhoite, Mumbai

27th October 2014

Hi sankalp,
Although I am late to this discussion I still felt like sharing my opinions for Majiwada. The best option prevailing at the moment is a project by Lodha group called Lodha Luxuria having a Bsp of 8451/- , for a limited time period and as you might be aware the rate going around in the area is +10,000/- ,also having state of the art facilities like club house swimming pool and all life improving utilities present around the area like lodha world school and many other educational institutes as well as retail options like R mall at a very close distance . In case you would still like a more detailed information please do let me know .
My name is Raj contact me at 9967400006 . I'M NOT A BROKER OR DEALER

raj, Mumbai

21st August 2014

Comment

For more property listings in Majiwada, you can catch the link Residential Projects in Majiwada

Sanjana Jain, Mumbai

3rd February 2014

Comment

Dear Friends,

Can somebody get me the list of residential projects coming up in Majiwada as I am plans of booking in a flat in this locality shortly.

Suresh Khanna, Mumbai

3rd February 2014

Comment

Hi Kishore,
Off late Majiwada has experienced a price appreciation of 16%. The present prevailing price is Rs. 10600 per sqft. The locality has good scope for appreciation in near future. With the proposed metro rail linking Mulund till Thane, there are every possibility that prices may become dearer in future.

Ashish Bhoite, Mumbai

3rd February 2014

Comment

Dear Praveen,
You have taken a good decision to invest in a property in Majiwada. As the locality is close to Eastern Expressway Highway and just 8 kms from Thane station. There are many residential projects coming up in Majiwada handled by builders of national fame. As the developers are coming up with many options, you can pick and choose the property as per your preference and budget.

Ramesk Polekar, Mumbai

3rd February 2014

Comment

Hi Ramesh,
Majiwada is immensely gaining more prominence in recent times due to its good connectivity. After Ghodbunder Road in Thane west, Majiwada is the next fastest growing area in this part of the city. Presence of several good schools, colleges, banks, hospitals have really made this locality moving ahead in present times.

Kishore Pathak, Mumbai

3rd February 2014

Hi Sankalp,

Glad to note that you are planning to invest in a property in Majiwada. But you have not mentioned about your specification whether you are looking at 1, 2 or 3 BHK in this locality. What is the budget you are looking at to invest in Majiwada.

Ravi Waghmare, Mumbai

3rd February 2014

Comment

I am looking for 1 or 2 BHK unit in Majiwada within a price budget between 70 to 80 lakhs. Also does the locality have reputed schools and good connectivity as I am basically from middle income group.

Praveen Modi, Mumbai

3rd February 2014