“One can find plenty of 1BHK homes costing Rs 10-15 lakh here, which is perfect for government employees,” says Mohan Tharwani, from Tharwani infrastructure. Tharwani’s ongoing projects include Rosalie, Rosalie LX at Kalyan and Ritu World- Wind of Change at Barrage Road, Badlapur (West). “Ritu World is the first of its kind luxury project in Badlapur with all modern amenities at affordable prices,” informs Mohan Tharwani.
Ambernath is faring well with its new projects like Wadhwa constructions. “Ambernath is a blend of old-world charm, culture and modern times. People keep getting attracted to its ambience,” says Prakash Wadhwa, from Wadha group. He adds, “We have slashed 100 rupees from the booking price for Gudi Padwa to boost sales in Ambernath,” adds Wadhwa.
In Dombivli, premium lifestyle projects such as Lodha’s Casa Bella and Regency Estate have altered the perception of the city. “These flats offer high-end amenities at reasonable prices, moreover Dombivli is really well connected, has good education options, a mall nearby,” says Kishore Pishori, a CA and a resident of Regency Estates.
Interestingly, Government policy has a role to play in the emergence of these areas as realty hotspots. Avers Bhavin from Raj Group, “The home loans are more attractive. Most of these projects are backed by banks; these factors are responsible for a huge spurt in realty demand.”
There are positive signs of development in the far flung suburbs too. Neptune builders and Nirmal Lifestyle are coming up with projects in Ambivli and Shahad, which are all set to revolutionise the face of these towns. “The main advantages of these suburbs are low pollution level and affordable rates,” says Raja Rochlani of Madhav constructions.
"Badlapur has become a haven for professionals from the public sector. One can find plenty of 1BHK homes costing Rs 10-15 lakh here, which is perfect for government employees”
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