Mumbai is one of the best-known real estate investment hotspots in the country. The cosmopolitan culture, capital appreciation, and job opportunities have been long-established in the city and that makes it an appealing spot for investments.
Boisar is a part of Palghar district, an industrial town located close to Mumbai and one of the rapidly developing suburbs. The proposed infrastructure like the bullet train station close by and real estate projects in the area, are likely to transform this location into a prominent residential hub. What’s even better is the fact that Boisar has healthy economic activity along with a sustainable environment. After all, that’s the prime objective of any investment, right?
Here’s listing three compelling reasons that drive Boisar’s property market.
1. Fast Growing Infrastructure
Boisar houses the largest Maharashtra Industrial Development Corporation (MIDC) in the state along with the Bhabha Atomic Research Centre (BARC) at Tarapur. The region is a part of the newly-formed Palghar district, which also includes some of Maharashtra’s largest fishing ports such as Satpati, Dahanu, Arnala, Vasai, and Datiware. The Mumbai Urban Transport Project (MUTP) Phase-3 has listed 7 new projects and eight new stations along this route. Also, the Delhi-Mumbai Industrial Corridor (DMIC) is planned to pass through Boisar. The proposed bullet train between Ahmedabad and Bandra-Kurla Complex (BKC), will also halt at Boisar.
2. Developing Location
Boisar has spread development, both in terms of commercial as well as residential aspects. Several hypermarkets like D-Mart and Big Bazaar and a standalone multiplex and shopping arcade add to the location’s value and potential as an upcoming residential hub. The locale is also rich in healthcare and educational facilities. Furthermore, several two and four-wheeler brands have also marked their presence in the district.
3. Rise in residential projects
There is no dearth of investment options in Boisar. Home buyers are seeking a better quality of life in a clean, green and unpolluted environment while being well-connected to the city. Boisar is the best option for such buyers. The location is budding with budget abodes to luxury residences.
All said and done, the aforementioned reasons are compelling enough for you to conclude why Boisar is truly the investor’s utopia. If you’re looking to buy flats in Boisar or invest in the property market here, why not explore Happinest, Boisar.
Discover Happinest, Boisar here.
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