Bhiwandi has helped the real estate market grow in various ways in the past few years. It is a thriving urban residential hub in MMR (Mumbai Metropolitan Region). The Thane district city ranks highest in the number of urban development programs in Maharashtra. It is due to the lavish lifestyle and connectivity options of the locality.
Bhiwandi has open access to intercity links and national highways. Real estate developers consider Bhiwandi as a strategic location for urban residential projects. This place has easy access to modern infrastructure, which attracts home buyers to invest in properties in this locality.
Beyond this, many more reasons extended their contributions towards a significant boost of the real estate market in Bhiwandi.
1. A Significant Increase in Real Estate Prices
Over the course of time, the infrastructure development in Bhiwandi has seen a rapid pace of growth. Hence, this has encouraged many property developers and home buyers to invest in this locality.
This significant development boost around Bhiwandi has resulted in a consistent increase in property prices. Hence, this scope of increase in real estate pricing of Bhiwandi projects is an advantage for home buyers to make immediate investments to reap profitable returns in the long run.
Every year, the price appreciation rate is around 10 to 12%. Thus, this opens up a potential for investors to put their money into the real estate of Bhiwandi. Your investments will be secure, and the ROI will be exceptional.
2. Residential Options by Established Real Estate Developers
Appreciation of property prices depends on the reputation of the real estate developers. Every home buyer wants to purchase a property constructed under the supervision of a reputed and industry-expert developer. Quality, policy compliance and other such aspects are taken care of in the case of a property built by reputable developers.
Therefore, owning a property built by a renowned real estate developer will get you a good return on investment and rental income over time. Bhiwandi’s real estate developments have been taken care of by popular developers such as TATA Realty, Kalpataru, Arihant and others.
3. The Lifestyle Upgrades and Best Amenities
Bhiwandi is now an urban city that has gained immense popularity among the people of Maharashtra, especially Mumbai and Thane. Due to this change, many modern lifestyle options are also introduced around the locality.
Today, this place has high-end gymnasiums, swimming pools, playing areas, sports facilities and much more. People who intend to buy homes in affordable localities, but don't want to miss out on the modern amenities, then look out for flats for sale in Saravali Thane or anywhere else around Bhiwandi.
There are many top-notch schools, hospitals and shopping malls across Bhiwandi. Magnet and Korum are two of the best malls in this locality, providing leisure time for its locals.
Leela, Kashinath and Lifeline Hospitals are highly reputed and have modern medical facilities to offer optimal healthcare services in Bhiwandi. There are schools for kids to pursue a good education, such as NES English School. Saraswati High School, and others.
4. Brilliant Connectivity with the City
Bhiwandi has excellent connectivity by air, rail and road. Wada road of Bhiwandi is the central location, which allows easy access to almost all parts of the city through any possible modes of transportation.
The MSRTC buses have routes to/from Bhiwandi, giving you easy transportation. Following that, the rail station is only 2 km away from Wada Road. With such open connectivity, the demand for real estate properties should increase.
5. Rising Employment Possibilities
Bhiwandi’s urban scale development has got the attention of big global and national companies. Established companies such as Amazon, Pepperfry and Flipkart are possibly about to set up their offices and warehouses in Bhiwandi.
Not just that, but some of the famous builders such as Ascendas, Embassy and Indospace are also setting up their operational offices in Bhiwandi soon.
Apart from that, the textile and other associated industries of Bhiwandi also offer ideal job opportunities to the locality residents. The proximity and seamless connectivity to Thane and Mumbai, Bhiwandi, is entitled as one of the hubs with top career scaling opportunities.
Hence, these are the evident reasons for the upliftment of real estate in Bhiwandi. Following this demand, many people are searching for flats for sale in Saravali Thane and other parts of Bhiwandi. If you are among them, ease your search for the best home by filtering the best ones at Blox.
Blox is a central hub for you to find all possible housing options in Bhiwandi. Depending on your budget, property developer and property type, Blox will help filter out the best options for you to choose from. Not just that, but you can also book your site visit instantly for the selected properties right from the website. Thus, home buying is made convenient with Blox!
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