Latest Answer: I agree with you all but Titwala which is a small town located near Kalyan, Thane is fast growing as an affordable real estate destination. The locality offers 1 BHK apartments at a minimal cost of Rs 17 lakh.
The area has witnessed 100% price appreciation in the last three years and the apartments in Titwala today cost double at what they were launched initially. Still, they are in an affordable range.
Also, investors as well as seekers are queuing up to the area, who can not afford properties in neighbouring areas like Bhandup, Kalyan, Vikhroli, etc.
Q:Hi, I’m planning to invest but is confused if i should postpone my investments plans. Please suggest which areas will see the price correction and which areas will see the appreciation.
Latest Answer: In Worli, Lower Parel and Prabhadevi areas, flats in the 2,000-3,000 sq ft category are going for Rs 19,000-25,000 per square feet. The going rate for 1200-1500 square feet flat in Thane is Rs 84 lakh to Rs 1.05 crore.
