Exploring Shilphata—A Next Real Estate Hotspot in Navi Mumbai

Exploring Shilphata—A Next Real Estate Hotspot in Navi Mumbai
Author: Houssed | Posted on: 22-Feb-2023 | Updated on: 26-Jul-2024

Explore the potential of Shilphata, Navi Mumbai's newest real estate destination. With rising development, discover why it's the next Ghodbunder Road.

Navi Mumbai is a planned Satellite city experiencing tremendous growth in the real estate sector. Shilphata is located near the Mumbai-Pune Expressway. Shilphata is a promising real estate destination, with several residential and commercial projects underway. This once-unknown area is now touted as the next Ghodbunder Road, a popular real estate hub in Thane.

The growth of Shilphata can be attributed to several factors, including its proximity to the Mumbai-Pune Expressway, the proposed international airport, and the planned Central Park. Additionally, several renowned builders have entered the market, offering top-quality residential projects that cater to the needs of families and investors alike. With the rise of these developments, Shilphata is poised to become a major real estate destination in Navi Mumbai, attracting buyers and investors from across the city.

9 Fascinating Facts About Shilphata

1: Discovering the Booming Suburb of Shilphata: A Journey through the Heart of Thane

Nestled in the bustling district of Thane, Shilphata is fast becoming a sought-after destination for locals and investors alike. It connects Thane to Navi Mumbai and Kalyan-Dombivali; this suburb quickly transforms into a hub of development and growth.

Boasting a warm and humid climate with an average temperature of 26.7 degrees Celsius, Shilphata is not just a popular location for construction projects but also a melting pot of diverse cultures, with Marathi, Gujarati, Sindhi, and Hindi as the leading local languages. be prepared to experience the vibrant energy and exciting opportunities that await in the heart of Thane at Shilphata.

2: New Developments Transforming Shilphata Navi Mumbai

Revving up the Roads, Illuminating the Nights and Breathing New Life into Thane - Get Ready for a Transformed City Experience!

Thane is set to soar to new heights with the State Cabinet's approval of Rs 561 crore to upgrade and widen the Bhiwandi-Kalyan Shilphata Road. This move and the much-awaited Y-Junction flyover connecting Mumbra and Shilphata, now open for public use, will make your daily commute smoother and faster.

Adding to the excitement, the Monorail project between Mahape and Kalyan, passing through Shilphata, is set to revolutionise how you travel. With improved connectivity, get ready for a boost in local property prices.

Thane Municipal Corporation is determined to make the city a better place to live, and its plan to reduce pollution by 20% to 30% by 2024 is a step in the right direction. And the NMMC's initiative to replace all streetlights with energy-efficient LED lights will ensure the city shines brighter, day and night.

3: Infrastructure Development Boosting Shilphata Navi Mumbai

The future looks bright for Shilphata with the government's infrastructure projects to revolutionise how you live, work and play. The Ghatkopar Ghansoli Link Road, the Airoli Dombivali Tunnel Road, the Monorail between Kharghar and Kalyan, the extension of the Kalyan-Shil Road, and the highly anticipated Navi Mumbai Airport is all set to bring you closer to the city's key destinations.

Moreover, through the Kalyan-Shilphata Marg, you have easy access to the NH-48, making it an ideal location for those who are always on the go. With the city's transformation just around the corner, get ready to be a part of a brighter, more connected future.

4: Easily Connected: The Transport Network of Shilphata Navi Mumbai

Shilphata Navi Mumbai has convenient access to all major city zones. The nearest railway stations, Nilaje and Diva, are located just a stone's throw away and are a vital junction on the central line of Mumbai's suburban railway network, connecting you to Thane and Dombivali with ease.

If you're looking for a faster option, the Mumbra Railway Station is just 10 kilometres away, and the Mumbra-Shilphata bus service makes it convenient for you to travel to all major zones. And the city is connected to the NH-48 via the Kalyan-Shilphata Marg, making it an ideal location for those who are always on the go.

For those needing to travel further, the Chhatrapati Shivaji International Airport is just 35 kilometres away, ensuring you can easily reach any destination.

5: Discovering the Best of Shilphata Navi Mumbai

Nestled in the heart of Navi Mumbai, Shilphata is a hub of natural beauty waiting to be discovered. The city is a nature lover's paradise, from breathtaking waterfalls to serene lakes.

Bholenath Waterfall is a must-visit for those who love to be surrounded by the tranquillity of nature. The cascading water and the lush green surroundings are a sight to behold.

Mumbra waterfall is another hidden gem, perfect for a relaxing picnic with family and friends. And for bird enthusiasts, the Gavlidev waterfall and Bird Sanctuary are a haven of exotic species and breathtaking scenery.

For those who are spiritual, the Omkareshwar Shiv Mandir is a must-visit. The temple, dedicated to Lord Shiva, is a peaceful oasis where you can connect with your inner self.

And last but not least, Kala Talao Lake is a serene body of water that offers a tranquil escape from city life's hustle and bustle. Take a stroll around the lake, enjoy a picnic with loved ones, or sit back and enjoy the beauty of nature.

6: Building a Better Community: The Social Infrastructure of Shilphata Navi Mumbai

Experience the Best of Both Worlds in Shilphata Navi Mumbai! With top-notch medical facilities, world-class schools, and luxurious hotels, you'll have everything you need right at your fingertips. Education and healthcare are top priorities, from renowned hospitals like Arnavi, Jivdani, and Bilal to prestigious schools like Lodha Palava International and Gurukul. The ultimate in relaxation awaits you at BK Resort & Waterpark! Unwind in luxurious hotel rooms and refresh your spirit with many fun-filled activities.

Shilphata Navi Mumbai offers comfort, convenience, and endless possibilities.

7: Leading the Way: Popular Developers in Shilphata Navi Mumbai

Shilphata, Navi Mumbai, is emerging as one of the hottest real estate destinations in the city. The area is attracting the attention of some of the biggest names in the industry, with several big players constructing properties in the region. Here are some of the most popular developers in Shilphata:

  1. Lodha Group - This company is one of India's largest real estate developers, known for its innovative designs, high-quality construction, and commitment to delivering world-class properties.
  2. Dosti Group - Dosti Group has been developing properties in Mumbai for over two decades, earning a reputation for delivering top-notch homes and offices. Their projects in Shilphata are no exception, offering the perfect blend of comfort and luxury.
  3. Cosmos Group - This developer is known for its focus on sustainable development and environmentally-friendly construction practices. Their projects in Shilphata are designed to deliver a comfortable and sustainable lifestyle.
  4. Mukta Developers - Mukta Developers is a leading name in the real estate industry, known for its focus on providing high-quality homes at affordable prices. Their projects in Shilphata are designed to deliver residents the best possible living experience.

8: A Look at Key Projects in Shilphata Navi Mumbai

Shilphata, Navi Mumbai, is rapidly becoming one of the city's most sought-after real estate destinations, and these five key projects are helping to drive that growth. Take a detailed look at each of these.

  1. Dosti Planet North - This project from the renowned Dosti Group is a mixed-use development that combines residential, commercial, and retail spaces to create a truly integrated community. With state-of-the-art amenities, spacious homes, and a convenient location, Dosti Planet North is the perfect place to call home.
  2. Cosmos Meluha - Developed by the eco-friendly Cosmos Group, this project is designed to deliver a sustainable living experience. With green spaces, energy-efficient homes, and an emphasis on environmentally-friendly construction, Cosmos Meluha is the perfect choice for those who want to live a more conscious lifestyle.
  3. Lodha Prime Square - This project from the prestigious Lodha Group is a residential development that combines luxury and convenience. With spacious homes, top-notch amenities, and a prime location, Lodha Prime Square is the perfect place to enjoy a comfortable and luxurious lifestyle.
  4. Lodha Palava City - Another project from the Lodha Group, this massive development covers over 4,000 acres and is designed to deliver a complete, integrated lifestyle experience. With homes, offices, shopping, and recreation all in one place, Lodha Palava City is a city within a city.
  5. Mukta Luxuria - Developed by Mukta Developers, this project is a premium residential development that offers spacious homes, high-end amenities, and a soothing location. With a focus on affordability and quality, Mukta Luxuria is the perfect choice for those who want to live in style without breaking the bank.

9:Property Rates in Shilphata Navi Mumbai: A 2023 Overview

Shilphata, Navi Mumbai, is an up-and-coming area that offers a unique opportunity for real estate investment. Despite a lack of civic amenities and social infrastructure, developers like Gajra Group, Marathon, Lodha Group, and Runwal Group are already making their presence felt in the area. With a range of housing options, from 1BHK to 2BHK apartments, Shilphata is attracting employees from the nearby industrial zones.

Whether you're looking for a cosy 1BHK apartment with built areas ranging from 630-835 sq. ft. or a spacious 2BHK apartment with 800-1,100 sq. ft., you'll find something to suit your needs. Prices for 1BHK apartments range from Rs 30-50 lakh, while 2BHK apartments are priced at 35-55 lakh. In the area, property values range from Rs 4,300 to Rs 5,700 per sq. ft., making it a desirable place to live.

Pros and Cons of Living in the Thriving Shilphata, Navi Mumbai

Shilphata, Navi Mumbai, is a bustling and rapidly growing area that offers a unique blend of modern conveniences and traditional charm. Whether you're a first-time home buyer, a young professional, or a retiree, Shilphata has something to offer everyone. However, like any other location, it has its pros and cons. Here's a closer look at both:

Pros

  1. Quick Progress: Building developments in Shilphata Navi Mumbai are moving forward quickly, with private and public workplaces being constructed.
  2. Convenient Location: With Shilphata Mahape marg, the commercial centre Airoli can be reached in an hour.
  3. Improved Roadways: Widening and concrete work is underway on the 21-kilometre Kalyan-Shilphata Road, making it easier to connect to Thane, Navi Mumbai, and Panvel.
  4. Jogging Friendly: Joggers can enjoy various parks in the area, including Ara Park, Nice Park, and Diamond Park.
  5. Available Housing Options: Several flats in Shilphata are available for rent or purchase, ranging from affordable to expensive.

Cons

  1. Drainage Issues: The local drainage system is a concern for residents, with frequent water blockages.
  2. Slow Road Progress: Work on the Kalyan-Shilphata Road and the Shil Phata-Mahape Road projects is moving slowly.
  3. AQI Concerns: Shilphata is one of six significant Thane intersections with an AQI of 201-240.

Conclusion

Shilphata, Navi Mumbai, is quickly emerging as a prime real estate destination, offering an array of residential and commercial projects. With its convenient location, improved infrastructure, and top-notch amenities, this suburb has become an attractive choice for buyers and investors alike. With the help of renowned developers, a growing population, and a commitment to sustainable development, Shilphata will surely be the next Ghodbunder Road.

FAQ's

Several residential and commercial projects are being developed in Shilphata, ranging from 1BHK apartments to mixed-use developments.
The approximate property rates in Shilphata range from Rs 4,300-5,700 per sq. ft.
Shilphata is connected to the Mumbai-Pune Expressway and the NH-48 via the Kalyan-Shilphata Marg. There are also railway stations and bus services for those who need to travel further.
Shilphata has a warm and humid climate, with an average temperature of 26.7 degrees Celsius.
Some of the most popular developers in Shilphata include the Lodha Group, Dosti Group, Cosmos Group, and Mukta Developers.