Why is Shilphata Real Estate Growth Story Going so Strong?

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  • 10th Jan 2022
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Why is Shilphata Real Estate Growth Story Going so Strong?

A rising super location in real estate - Shilphata

As one of the smart locations within the Navi mumbai periphery, Shilphata has gathered a lot of prominence in the last decade and looks equally promising in the next one.

As we all know Navi Mumbai is a great city with tremendous growth potential. With the expansion of infrastructure and shipping lanes like the Eastern Freeway, Navi Mumbai has recorded phenomenal growth in real estate. New areas like Vashi, Nerul, Seawoods, Kharghar, Khandeshwar are seeing value rise tremendously since their inception.

However with prices increasing tremendously in Navi Mumbai, the next big bet where development is now moving at a break neck speed is Shilphata. More and more developers today are launching new residential properties in Mumbai and some construction projects that buyers and investors need to take notice. Just over the past decade, Shilphata has transformed from a lifeless land with no future to now containing fully constructed affordable/luxury homes.

Shilphata – A Connectivity haven

It is no wonder that the demand for new residential projects in Shilphata is huge today and there has been a sharp spike in the overall real estate consumption there. One of the big advantages that Shilphata offers is its great connectivity. Being located between two large metropolitan cities, Navi Mumbai and Thane, it connects the neighbouring areas like Kalyan-Dombivali-Bhiwandi, Taloja-Panvel-Pune-Goa-JNPT and Thane, very smoothly.

Shilphata is also centrally connected with the three major highways like Eastern Express Highway, Western Express Highway, Mumbai Pune Expressway and that is surely a big blessing. The availability of multiple trains that operate from Dombivli to Kopar railway station ensures smooth travel for all commuters. Shilphata is also very well connected to all locations of Maharashtra via railways and also roadways. The sheer volume of new developments and new residential projects in Shilphata is automatically ensuring a very healthy civic infrastructure development in Shilphata too.

Employment opportunities in and near Shilphata

Navi Mumbai and Thane being well connected to Shilphata, employment opportunities are easily accessed. Presence of business parks, IT hubs, SEZs and MIDC industrial areas provide good employment opportunities.

New infrastructure developments in  Shilphata

Current projects being developed in Shilphata as in 2022

Factors that make Shilphata a top location for real estate investment

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