The state of Maharashtra is second most urbanized in India. It is the state with highest contribution to the country’s GDP as it funds over 40 percent of national revenue. Maharashtra is a home to city of Mumbai, which is the commercial and financial capital of India, has high rate of economic growth, hosts most numbers of commercial offices and contributes significantly to the job market. It is amongst the top 3 states in terms of employment generation in the country. Hence, it invites maximum number of migrants from different states, cities and towns of India. As a result, there is considerable demand in the housing segment and here are the few places which you should consider for buying a house in Maharashtra –
Vasai-Virar belt offers several options in affordable housing sector
The Vasai Virar province has witnessed tremendous growth over the last 10 years and the property prices in the vicinity have more than doubled. It offers all facilities required for comfortable living including renowned schools, colleges, prominent hospitals offering best medical services, pharmacy, shopping malls, banks, multiplexes, sports grounds, etc. The Vasai Virar City Municipal Corporation (VVCMC) has done a great job over the years to build a good infrastructure in terms of roads, water and electricity. They have been proactive in terms of developing residential zones and there are several mega budget housing projects that have been delivered in the last 3 years or are currently under construction with the possession expected in the next 2 years. Some of the prominent budget housing townships in this region include Evershine city in Vasai East and Global city in Virar along with host of construction activities in Nallasopara and Naigaon. This region also has several industrial belts, thus offering good employment opportunities.
The transportation facility is excellent with numerous buses from Vasai Virar Municipal Transport (VVMT) and Maharashtra State Road Transportation Corporation (MSRTC) connecting this belt to other parts of Maharashtra. The Vasai Virar area also has added advantage in terms of rail connectivity with these places being the starting point for many local trains. In addition to this, there are several outstation trains that stop in Vasai, thus making this belt self-sufficient. All of these factors have significantly contributed to the growth of housing sector in this region and there is significant increase in the number of buyers searching for 1 bhk flat for sale in mira road, Vasai, Nallasopara and Virar on online real estate portals like Housing.com.
Pimpri-Chinchwad is dominating the real estate chart in Pune
If you are new to Maharashtra and are looking for a good house that has a potential to give high returns over the next 3 to 5 years, then you must surely explore Pimpri-Chinchwad region. Pimpri-Chinchwad Municipal Corporation (PCMC) has done a tremendous job of developing this region. It now boasts of immaculate infrastructure including multilane roads, flyovers, parks, excellent drainage networks and improved water supply. This place has witnessed several new developments in terms of residential and commercial projects and offers numerous options to low and mid income groups along with projects catering to higher section of the society. However, the property prices for the new projects in Pimpri-Chinchwad are on rise and hence there is increased demand seen for resale 1 bhk flat in shahunagar Chinchwad. The best source to buy resale 1 bhk flat in Chinchwad without any anxiety, nervousness or fear of being cheated is through Housing.com. With this site, you only get 100 percent verified and genuine properties, making your transaction smooth, easy and convenient.