Decision on Shilphata and Property

Q: I want to buy a home in Shilphata a 1 BHK, can any one suggests me some good properties. I have checked out many but still in confusion. My first priority would be security and society as I am out of town 30 40 % of my office time. I am looking for 2016 end or 2017 start as possession. Can any one advise me there is lots of negotiations going what will be best rate I could go for. my budget is strict so need to final one.

Anuj Majumdar, Apartment Resident

10th November 2015

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Replies (1)

Hi Anuj,
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.

The approximate property values in the area are in the range of Rs 4800-6000/sq. ft. If the infrastructure is developed properly, the locality's real estate will gain a big boost.

Kishore Pathak, Mumbai

15th November 2015

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I can not deny but the biggest disadvantage for Shilphata's real estate development is the current lack of civic amenities and social infrastructure. Yet, this has not stopped developers from coming into this area. There are multiple projects available by developers such as Gajra Group, Marathon, Lodha Group and Runwal Group. Most of these apartments are sought after by employees in the nearby industrial zones.

Lalit Verma, Mumbai

15th November 2015