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Upcoming and affordable properties in Mumbai's Shil-Thane

Property prices are very attractive to users on a budget, ranging between Rs 4,300-6,600 per sq ft

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The Budget has provided relief to developers under the affordable housing scheme — which grants 100 per cent deduction on profits — by extending the period for completion of projects to five years

Ashwinder Raj Singh

Last Updated : Aug 31 2017 | 4:43 AM IST

Shil-Thane, also known as Shilphata, is advantageously located on the junction of National Highway-4 and Kalyan-Shilphata road. Given the pace of development, the real estate potential of this area can emulate that of Ghodbunder Road in the future. It is becoming a popular residential destination for people employed in areas like Turbhe, Koper Khairane.

Shil-Thane has several excellent location attributes which have resulted in rapidly increasing attention of homebuyers as well as builders. It is basically a confluence point for several major areas such as Navi Mumbai, the Kalyan-Dombivali-Bhiwandi belt, Thane and Taloja-Panvel-Pune-Goa-JNPT.

Property prices in Shil-Thane are currently very

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