Shilphata locality review

Q: I have heard a lot about the locality from property dealers and others butt I am looking for feedback from people staying there or people who have bought apartment in this locality.

Praveen Modi, Mumbai

21st October 2014

Locality Review in Navi Mumbai

mumbai real estate

locality review

apartments in shilphata

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Replies (5)

This place is a complete hell, the light goes out anytime for 5,6 hours and the water supply also stopped for 4,5days.

Shahid Mohd,

4th February 2022

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What about the real estate market in this locality? Is it a good idea to buy an apartment in this area?

Praveen Modi, Mumbai

21st October 2014

Comment

The biggest deterrent for Shilphata’s real estate development is the current lack of civic amenities and social infrastructure. Yet, this has not deterred developers from coming into this area. There are already several projects available by developers such as Gajra Group, Marathon, Lodha Group and Runwal Group. The most common apartment configurations in the area are 1 and 2BHK apartments. Most of these apartments are sought after by employees in the nearby industrial zones. The typical built area of a 1BHK apartment is about 630-835 sq. ft. and that of a 2BHK apartment is about 800-1,100 sq. ft.

Kishore Pathak, Mumbai

21st October 2014

While one may buy a 1BHK apartment for about Rs 30-50 lakh, a 2BHK apartment may be bought for about Rs 35-55 lakh. The approximate property values in the area are in the range of Rs 4,300-5,700 per sq. ft. If the infrastructure is developed properly, the locality’s real estate will gain a big boost.
Shilphata has a huge potential in terms of real estate growth, primarily due to its strategic location and good road connectivity. With proper development, it may become the next Ghodbunder Road and Mira Road.

Abhishke Karule, Mumbai

21st October 2014

JLPL have successfully completed the development of these sectors and have delivered the possession of the same.

jantahousing, Mohali

21st October 2014

Comment

Thanks Kishore for sharing information here. How about the social and infrastructure, amenities and housing in this area?

Praveen Modi, Mumbai

21st October 2014

Comment

The area is yet to be developed in terms of social infrastructure, civic amenities and housing. There are plans to improve the rail connectivity to the area. The planned monorail line between Mahape and Kalyan will pass through the area. Currently, there is also a shortage of drinking water and electricity in Shilphata. If developed properly, these problems too may be resolved.

Abhishke Karule, Mumbai

21st October 2014

Shilphata has the potential to become the next residential hot spot belt in Navi Mumbai. Some of the other important roads in the area are Kalyan-Shilphata Road and Shilphata Mahape Road. Due to these roads, Shilphata acts as a gateway to Navi Mumbai for people coming from Thane and Kalyan-Dombivli areas. There are regular buses plying this area from Thane and Navi Mumbai.

Kishore Pathak, Mumbai

21st October 2014

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