Thursday 16 July 2015

Thane: Badlapur ideal for end users or investors?


Situated in Thane district, Badlapur is an old established locality that has been in news lately for affordable property options. But is it good for investment or for end-use? Let’s find out from market experts.

According to Ketan Tanna, partner, Twin City Realtors, “Badlapur is an old densely populated locality where land parcels are available at cheaper prices compared to other parts of Thane. This has pushed ample residential development in the last four to five years. Today, the area is seeing many ready-to-move-in apartments. The supply is high. Therefore, in the last six months property prices have been stable, which offer end-users a considerable opportunity to enter the market now.”

Moreover, properties here are affordable. “The area caters to people looking for property within Rs 15-40 lakh, which is difficult to find in any other part of Mumbai,” says Tanna

Badlapur also offers good connectivity. The area falls on the Central Line of the Mumbai local railway network. Apart from this, the area is connected to Mumbai via the Eastern Express Highway and to Pune via the Mumbai-Pune Expressway. The Mumbai International Airport is within reach through the Pipeline Road. The area also offers bus services to Vashi by the Navi Mumbai Municipal Transport.

Read entire article on http://goo.gl/VutGIb


About us

MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.


Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.


Contact

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Odyssey IT Park, Road No. 9,Wagle Estate
Thane (W) - 400 604, Maharashtra, India

Mobile : (+91) 9833 4583 23 
E-mail: mchithane@gmail.com    

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