Affordable Housing

3 Neighbourhoods Offering Affordable Housing

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Are you looking for a 2 BHK flat for sale? You will find comparatively affordable options in several neighbourhoods in Mumbai. These are localities with well-developed social infrastructure and amenities, while they also offer a decent quality of life to residents. In recent years, there are several affordable housing hotspots that have emerged in the Mumbai Metropolitan Region and even beyond. Developments like the Navi Mumbai International Airport, metro expansion, new industrial corridors and upcoming business zones have naturally benefited many of these locations.

Here are some of the options worth considering in this regard:

Dombivali-

Dombivali has gained huge traction in recent years as an affordable housing hotspot. It is surrounded by Kalyan and Ulhasnagar. It is a rapidly growing area with several projects by well-established real estate developers and a mix of residential and commercial projects. The main connectivity lifeline is the Dombivali railway station, while proposed metro connectivity will transform the locality in the near future.

The airport is approximately 50 km away from the area as well. Thane, Navi Mumbai, and Airoli are also easily accessible from Dombivali and this is helpful for those working in these zones. The area is also home to well-developed social infrastructure including reputed educational institutions, shopping malls, and hospitals. It offers several options in terms of affordable housing, with multiple projects for you to choose from.

Thane East

Thane East is one of the hottest places to invest in a 2 BHK flat for salein recent times. There are numerous leading developers who are coming up with residential projects in the area. Connectivity improvements have led to skyrocketing demand for homes in the area. There is good railway connectivity to almost all parts of Mumbai and beyond, while a network of roads and highways ensure smooth commutes to several commercial and business hubs.

Social infrastructure is also well developed in the area, including educational institutions, healthcare centres, shopping malls, and a lot more. It is one of the best places to buy property at comparatively affordable rates than many other locations, particularly in the light of upcoming connectivity and other projects. One of the biggest reasons for the boom in real estate in Thane is the presence of the Ghodbunder Road, which links the Western Express Highway and the Eastern Express Highway, thereby offering great connectivity for residents. The Shilphata Road also links Kalyan, Thane, and Dombivali. At the same time, people here will also benefit from the upcoming Metro Line 4 network between Kasarvadavali and Wadala. This will make commuting easier to Mumbai.

Karanjade

Karanjade is a rapidly developing affordable housing destination near Mumbai. It is a good destination to buy a 2 BHK flat for sale. The area stands out for its natural beauty, situated on the outskirts of Panvel town beyond Navi Mumbai. It is witnessing the development of several residential projects due to its proximity to the upcoming Navi Mumbai International Airport.

The NH-48 (Mumbai-Pune Highway) ensures easy connectivity to Navi Mumbai and Panvel, while there is access to the Thane-Belapur Road and Sion-Panvel Expressway through the highway as well. The CBD Belapur and Taloja MIDC are also easily accessible, along with other employment hubs. The area is also home to several shopping centres, educational institutions, and hospitals. It is one of the top destinations for affordable housing in recent times.

These are some of the best localities to invest in affordable flats in and around Mumbai. Do your homework before investing and make sure that you rely on a proven platform like Blox for your purchase. After all, a home is a lifetime purchase and you should endeavour to get it right!

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