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Hotspot: Ambarnath, MMR

Offers good mix of real estate assets

Real estate companies may find it hard to claim relief under S4A
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Real estate companies may find it hard to claim relief under S4A

Ramesh Nair
The constant quest for mid-income homebuyers in Mumbai is for areas that are relatively affordable, yet provide the necessary connectivity and adequate social and general infrastructure. 

With these requisites in mind, there are many growth nodes in the Mumbai Metropolitan Region (MMR) that are attracting end-users and investors. Affordability and connectivity with the major city centres make these areas prime locations, which naturally also attracts the attention of developers. One such area is Ambarnath, located just beyond Ulhasnagar in Thane district, which has emerged as one of the leading destinations for affordable housing around Maximum City. 

Over the last few