Neral is a small town in the Maharashtra district of Thane, India. Neral has become a popular destination for people looking to invest in low-cost real estate over the years. Neral’s popularity among property buyers arises due to its proximity to Mumbai, good connectivity, and several upcoming infrastructure projects.
Here are some reasons why Neral is the best area to buy an affordable property in Thane:
Affordable Property Prices
The affordability of Neral is one of the main reasons why it is a popular destination for property buyers. Property prices in the MMR town are significantly lower than in Mumbai or other nearby areas. This makes it an appealing option for those who want to own a home without spending a fortune.
Apart from low property prices, Neral also provides a diverse range of options. Whether you are looking for a 1BHK or a 2BHK flats in Thane, the upcoming locality has a property to suit your needs.
Good Connectivity
Neral is easily accessible from Mumbai and other parts of Thane. It is located on the central line of the Mumbai suburban railway, making it convenient for commuters to travel to Mumbai for work or recreation. The railway station is in the heart of town, making it easily accessible to residents.
In addition to the railway station, Neral is well-connected by road. The Mumbai-Pune Expressway is a short drive from Neral, making it simple to travel to Pune or Mumbai by car. Furthermore, the proposed Navi Mumbai International Airport will be only a few kilometres away from Neral, further improving its connectivity.
Upcoming Infrastructure Projects
Several upcoming infrastructure projects are expected to boost Neral's real estate market. The Virar-Alibaug Multimodal Corridor, which will run through Neral, is one of the most important projects. This corridor will connect Neral to other important Thane locations like Kalyan, Vasai, and Virar.
Another significant project is the Neral-Bhimashankar Road, which will improve connectivity between Neral and the popular tourist destination of Bhimashankar. This road will also benefit Neral residents by providing easy access to healthcare and educational institutions.
The tourism hub
In addition to these projects, the government intends to develop Neral as a tourism hub. Matheran Hill Station, located just a few kilometres from Neral, is a popular tourist destination. The government intends to develop the town as a base camp for visitors to Matheran. This is expected to boost the local economy and create new job opportunities.
Aside from the benefits mentioned above, Neral also provides a peaceful and calm environment that is difficult to find in metropolitan cities such as Mumbai. The town has a low population density and significantly better air quality than the financial capital. As a result, Neral is an ideal location for people who want to live away from the hustle and bustle of city life.
Moreover, Neral has several schools, colleges, and healthcare facilities, making it a convenient location for families with children. The town has several government and private schools that offer quality education to children. Additionally, there are several healthcare facilities in Neral that provide medical care to the residents.
Neral is also known for its beautiful surroundings and natural beauty. The town is surrounded by lovely hills and verdant forests, making it a great place for those who love the outdoors. Matheran, a popular hill station, is just a few kilometres from Neral, making it an excellent weekend getaway for residents.
A wise investment decision
Furthermore, investing in a property in Neral can be a wise decision in terms of returns on investment. Over the past few years, Neral's real estate market has steadily expanded. With the upcoming infrastructure projects and the government's plan to develop Neral as a tourism hub, property prices are expected to increase in the future, providing a good return on investment for property buyers.
Neral offers a unique combination of affordability, good connectivity, peaceful surroundings, and potential for growth. It is a great location for people looking to invest in affordable real estate in Thane. Neral provides a fantastic opportunity to own a home that is both cosy and reasonably priced, whether you are a first-time home buyer or an experienced property investor.
Conclusion
Neral is an excellent option for people looking to invest in affordable real estate. Its proximity to Mumbai, good connectivity, and several upcoming infrastructure projects make it a prime location for property buyers. Additionally, the low property prices and a wide range of options to choose from make it an attractive option for people looking to own a home without having to spend a fortune.
If you are looking to buy flats in Thane, Neral should definitely be on your list of options. With its affordable property prices and good connectivity, Neral offers a great opportunity to own a home that is both comfortable and affordable.
