Bhiwandi being famous for its power looms and textile industries, is also now been looked upon as of the most affordable living around Thane (Mumbai).
As Bhiwandi has tons of options for affordable houses by being in and around Thane, residential properties in Bhiwandi are eventually gaining popularity in real estate market.
Bhiwandi is a town only 20 kms away from Thane which is now rapidly growing as a destination for home-buyers looking for affordable and budget homes as many new residential projects are being launched here.
The area has good connectivity with NH-3. Also, being an industrial hub, the area has good infrastructure, with 24-hrs power and water connection as compared to other areas around Thane.
New property projects arriving are giving Bhiwandi a cosmopolitan look and people are now buying houses in the area. It is said that New Bhiwandi is now an typical town but with large number of workers coming in from the northern and eastern states of India. According to the statistics, majority of people living in Bhiwandi are from the states of Uttar Pradesh and Andhra Pradesh.
Scenic beauty all around Bhiwandi is surrounded by the hills there which looks very peaceful. It has been found from our sources that entire attention of the government, buyers, and developers has shifted towards Bhiwandi, making it the 'next affordable' destination of development and a land full of opportunities. With western suburbs feeling the pinch of being overcrowded and the central suburbs already tapped into for quality housing, Bhiwandi becomes the natural choice for buyers as well as developers when it comes to Residential properties.
Squarefeet Group gives you the answers of why Bhiwandi is the best option for Affordable Homes in and around Thane.
Affordable Apartments
Bhiwandi has various new projects to provide varying from affordable apartments for low and middle classed people to luxurious living apartments for high class people. The real estate market of Bhiwandi has witnessed a rise in pricing in residential properties.
Preferred Destination for investment
The property in New Bhiwandi has become one of the most preferred options for investment. With the growing market of Bhiwandi real estate, the chances of greater returns on the investment is almost sure including the fact that its features are impressive.
15-35 lakhs
Viewing the current market price of properties in Bhiwandi, one can easily get a 2-BHK flat for Rs 28-35 lakh and 1-BHK between Rs 15-20 lakhs in the area
Upcoming new Projects
Many bungalow projects are also being developed in Bhiwandi of which the rates are quite affordable. Rates of newly launched residential flats vary from approx. 15 lakhs to 1 crore.
Preferred for its attractiveness
Properties in Bhiwandi is mostly preferred by working professionals and bachelors as there and industries, working opportunities and and upcoming attractive destination.
Quickly Accessible
The quick accessibility and easy connectivity in Bhiwandi also adds as a determining factor of properties in New Bhiwandi. This makes this destination more magnetic and adding many facilities and amenities. The connectivity spot to the Mumbai – Nasik Highway NH-3 and the widening of road has garnered many buyers to its location for budget homes.
Well Connected
Private transportation also is more frequent and affordable there. New Bhiwandi is now well connected to all the places nearby. The Mumbai-Agra highway (NH-3), passing through Bhiwandi ensures the smooth connectivity of the city with Mumbai, Thane, Nashik and the rest of India. Bhiwandi has been developing as an Industrial hub for the textile industry in the past, and all industries and logistics sector in recent times. Close proximity to Mumbai, Thane and Development of region by MMRDA; make Bhiwandi an ideal place for businesses to locate.
Frequent Private and Public Transportation
The frequency of public transport is also good there which directly increases the property value in Bhiwandi. The Bhiwandi Nizampur State Transport Depot is located on the Mumbai-Agra Highway. Buses in Bhiwandi run every half hour to nearby depots like Mumbai-Central, Thane, Kalyan, Vasai, Wada and Borivli, Nasik Shirdi, Aurangabad, Pune, etc. The Thane Municipal Transport operates bus services from Bhiwandi Narpoli to Thane, and the Kalyan-Dombivli Municipal Transport operates bus services from Bhiwandi Gopal Nagar to Kalyan, in every 20 minutes. Auto-rickshaws too, run from Bhiwandi to Thane and Kalyan. Jeeps ply from Bhiwandi to the nearby town of Padgha.
According to property consultants in Bhiwandi, it is beneficial to invest in the residential properties of Bhiwandi, as it is much affordable than other areas around Thane. To conclude Sachin Mirani, director of Square Feet Group, says, 'Not only are there local buyers but many people are migrating here from Mumbai and Thane as it is developing as the largest logistic center. Social infrastructure like schools, colleges, and drainage is well placed in Bhiwandi for future enhancement.'
About Regal Square
f you’re the one which requires the indulging open spaces, then this is
the perfect space to comfort you. The Sprawling area of 4 lakh sq. feet
provided by Regal Square delivers the X factor for your perfect dream
house. The Children's Playzone, Clubhouse, Community Hall, Jogging
Track, Badminton Court, Indoor Games : All of these will offer your
Little Ones perfect training & excellence & you a perfect
Lifestyle ever desired.Below is the list of some of the amenities provided by this new project in Bhiwandi are
- Ample car Parking space
- Garden
- High speed elevators
- Clubhouse
- Jogging Track
- Rain Water Harvesting
Site Address: Regal Square, Near Chhatrapati Shivaji Stadium, Bhadwad-Sonale Road, Bhadwad, Temghar Pada, New Bhiwandi, Thane
Telephone: +91-8879777431/2
Email: sales@squarefeetgroup.in
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