Mumbai is one of the most sought-out property beds in the world. The city has witnessed rampant population growth in the last few decades owing to the massive economy. This has led the developers to expand beyond the length and breadth of the city and explore adjacent markets. The Thane market proves to be the preferred choice for builders owing to affordability, excellent connectivity, and open landscapes. Thane was largely an industrial zone but since the 1990 conversion of Wagle Industrial Estate into an IT hub, the region gained residential prominence. Thane hosts key areas, which are considered as important submarkets due to the infrastructural development and overall standard of living. The important ones include Hiranandani Estate, Kolshet Road, Pokhran Road 2 and Bhayandarpada, featuring spacious land, considerate pricing factor, proximity to educational institutes and workplaces.

The Thane district also houses regions like Kalyan, Dombivli and Mumbra, that are essentially a part of greater Mumbai. Shilphata is another developing locality in Thane and is in close proximity to Dombivli. The real estate development here is predominantly residential in nature, catering to the affordable and mid segment. Shilphata is located at the intersection of NH 48 & SH 76. The location is getting traction from home buyers due to township development from a renowned developer.

Today's article takes a look at popular projects that have come up in Shilphata region, with competitive pricing and market offerings

Residential Projects in the area

Shanti Luxuria: The project offers 1 BHK and 2 BHK apartments at a starting price of 35.7 lacs. Shanti Luxuria by Sunrise Group offers great connectivity to the suburbs of Mumbai and is in close proximity to Dombivli. The project offers an array of amenities to its residents such as Swimming pool, multipurpose hall, Children's play area, Gymnasium and many more.

Parvati Heights: Parvati Heights by Hasti Buildcon offers homebuyers 1 RK, 1 BHK and 2 BHK homes at a starting price of 33.9 lacs. The project is located in Shilgaon, Shilphata and provides unmatched connectivity to all important landmarks and places of everyday utility. Swimming Pool, Health Spa, Play Area, Kids Pool, Meditation lawn, Yoga Room, Jogging Track are some of the key amenities the project offers its residents.

Paraiso: Another project located in Shilphata offers 1 BHK and 2 BHK apartments at a starting price of 39 lakhs. The project is situated in Padle Gaon and is in close proximity to all important landmarks. Paraiso is conveniently located to provide unmatched connectivity from all the important city landmarks and utilities such as well-known hospitals, educational hubs, departmental stores, shops, 24x7 pharmacy, parks, banks & ATMs, entertainment spots and recreational centres amongst other elements. Game zone, Fitness centre, Swimming pool, Kids' pool,Children's play area, Senior citizen's retreat, Garden Jogging track, Party area are some of the key amenities the project offers its residents.