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
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 attractive to end-users on a budget, ranging between Rs 4,300-6,600 per sq ft, depending on exact location, project specifications and
First Published: Aug 30 2017 | 11:47 PM IST