WHY INVEST IN SHAHAPUR, THANE

WHY INVEST IN SHAHAPUR, THANE

As per a recent study, most new launches in the Mumbai Metropolitan Region (MMR) were in the peripheral areas and accounted for 56% of total new launches. Shahapur, the largest Taluka in the Thane District, is surrounded by the mountain ranges of the Western Ghats. The government of Maharashtra has declared Shahapur a centre for tourism as this town attracts a lot of tourists for places like Mahuli Fort, Aajoba Parvat and Manas Mandir. It has four major dams, namely Bhatsa, Tansa, Modak Sagar and Vaitarna. Shahapur supplies almost 2,900 mega litres of water per day to Mumbai. Therefore, the town is also declared as a ‘No Chemical Zone’ by the government. Shahapur is located between the triangle of Mumbai, Nashik and Pune and it also falls under the Delhi-Mumbai Industrial Corridor.

Under this scheme, Igatpuri-Nashik-Sinnar Investment Region (INSIR) has been identified as an industrial zone and Shahapur is the nearest residential area. The industrial growth, along with the tourism business, has contributed immensely towards the growth of real estate in Shahapur. The top builders in Shahapur are Poddar Housing, Karrm Infrastructure, VMC Developers and Realtors, who have launched several mid-range and luxury projects. The apartments in Shahapur overlooking the picturesque scenic beauty are mostly new constructions and equipped with amenities like community hall, fitness club, swimming pool, landscaped gardens, jogging tracks, etc. 1, 2 and 3-BHK flats for sale in Shahapur are readily available. Apart from buildings, there is availability of independent houses in Shahapur. Nearby localities in Shahapur are Asangaon and Atgaon.

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