Situated in
the district of Thane, Bhiwandi is famous for its power looms and textiles
industries. It is also a warehousing hub since it lies out of the octroi zone.
A quiet and almost
a commercial suburb, the locality is mostly occupied by the lower middle class
and migrant community in Mumbai. Having dozens of options for low cost housing,
Bhiwandi is gaining its popularity between those looking for affordable housing
options. The recent announcement about MMRDA’s monorail project, connecting
Thane-Bhiwandi-Kalyan, receiving the green signal is expected to boost
residential demand in the locality. With such futuristic scope, Bhiwandi is becoming a hot destination to
invest in property.
Property in Bhiwandi is becoming beneficial as it offers various
options for Residential, Commercial and Industrial properties as well. You can
easily get profitable opportunities to invest in Residential Real Estate and
Commercial Real Estate at Bhiwandi. Real Estate in Bhiwandi is exceptionally
growing with every passing day. Bhiwandi Property market is touching greater
heights of turnovers and offering money-making opportunities to invest.
Development of facilities at Bhiwandi is attracting masses to buy residential
and commercial properties. Except buying, here many commercial and residential
properties are available for rent and sell.
· Affordable Apartments
– Bhiwandi
has projects in all prices ranging from affordable apartments to luxurious
community livings. Rates of
newly launched residential flats vary from approx. 15 lakhs to 1 crore. With
some of the well known developers there, Bhiwandi is showing signs if
development in larger scale. Rates of identical acres also differ according the
facilities and amenities offered there. Bhiwandi is a preferred place by
working professionals and bachelors because of the industries and employment
opportunities.
· Quick
Accessibility - Bhiwandi is emerging in
providing fully
available facilities
like roads, water supply and other features. Private transportation also is
more frequent and cheaper there. Bhiwandi is now well connected to all the
places nearby.
· Connectivity - 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.[5] 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.
· Metro to be arrived - Recent
announcement was made about MMRDA’s monorail project, connecting
Thane-Bhiwandi-Kalyan, and by receiving the green signal it is expected that
the residential demand in the locality of Bhiwandi will be boosted. With such
futuristic scope, Bhiwandi is becoming a hot destination to invest in property.
· Scope in Future - Due to the speedy development, Bhiwandi has attracted many
reputed developers, leading to a surge in launch of many affordable and premium
housing projects. Some of the well known names there are Wadhwa Group,
Siddhi Developers and many more. Bhiwandi
has now gain interests of developers primarily due to the easy availability of
large land parcels. From affordable apartments to premium properties, the area
offers a wide assortment of housing options.
·
Torrent Power
Supply – Torrent power had started distributing power
to 1.6 lakh customers in Bhiwandi from 8 years back i.e. from 8 years back.
Torrent Power created history by entering into the country's first distribution
franchisee agreement with Maharashtra State Electricity Distribution Company
Limited for Bhiwandi Circle in December 2006. The agreement is valid for an
initial term of 10 years. The
circle is a home to six lakh of the country's 19 lakh power looms.
· Great Place for Nature Lovers - Bhiwandi has many small hills adding up to its beauty and many great
visuals. This place is peaceful, serene, and quiet a commercial suburb of
Mumbai. Nature lovers and travelers looking for such a place in Mumbai would
find this place as a heaven.
Squarefeet Group has also found different property types with their
current status in Bhiwandi.
-
Apartments (279)
-
Houses (33)
-
Builder
Floors (26)
-
Layouts
and Plots (26)
-
Villas (6)
-
Farmhouse (1)
-
Others (4)
Squrefeet Group help you to buy property in thane.
Sources
– crustpropmart / articles.economictimes.indiatimes
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