Shilphata

 

Located in the Kalyan Phata region of Thane, Shilphata sits on the famous NH-4, adjoining Kalyan-Shilphata Road. Dawla Village, Daighar Gaon, Shilgaon, and Phadkepada form its neighbouring localities. The area is engulfed by marshy lands and green stretches on either side with a few water bodies such as Thane Creek, Khardi Gaon Lake, Kausa Talao Pali, Ulhas River and Phadkepada Lake scattered in its vicinity.

 

The locality is seated close to sound social establishments. Datta Meghe College of Engineering, Smt. Indira Gandhi College of Engineering and Asiatic Institute of Technical Education are a few notable educational institutions around this area. Hospitals spread around this region include Kalsekar Hospital, Bilal Hospital, Dongre Hospital and Parulekar Hospital.

 

The commercial establishments surrounding this locality complement the social establishments quite well with a myriad of malls, stores and eateries like D Mart, Mega Mart, Crest Motors, MM Men’s Wear & Clothes Centre, and McDonald’s dotting the region.

 

Key Projects in Shilphata : 

Dosti Planet North

 

Connectivity and Transit Points

 

Shilphata-Mahape Road intersects NH-4, connecting the locality to Kalamboli and Mumbra, while Kalyan-Shilphata Road links Shilphata to Kalyan, aiding access to areas in and around Navi Mumbai.

 

 

Public transport such as buses and trains are widely available in the neighbourhood. MSRTC Rabale Bus stop is situated 10 km from this locality, facilitating travel to major cities and towns within the state such as Nagpur, Nashik, Vasai, and Chandrapur.

 

Rabale Railway Station, situated 9 km away from here, facilitates travel to regions such as Kalamboli, Panvel, Mumbra, Thane, Badlapur, Dombivli, Bhiwandi, and Dadar.

 

Air transport is facilitated by Chhatrapati Shivaji International Airport, which is situated 41 km away, and can be reached in an hour via NH-3.

 

Major Landmarks

 

•      Hayajami Porta Solutions Pvt Ltd
•      Bharat Enterprises
•      ShilPhata-Mahape Road
•      Hotel Shiva Heritage
•      M.H.Textile Waste
•      Zinto Cabins
•      Sx4 Bar
•      Scharf Automation Pvt. Ltd

 

Factors for Growth in the Past

 

Excellent connectivity via roads was the main factor that led to the growth of this area. Development of roads such as Shilphata-Mahape Road and Kalyan-Shilphata Road greatly contributed in improving the area’s connectivity. Shilphata-Mahape Road connected the locality to NH-4, improving accessibility between the locality and the rest of Navi Mumbai.

 

High property prices in the suburbs of Mumbai and growing demand for affordable housing were two other factors that caused a spurt of development in this locality. Shilphata’s low property prices were also attractive to prospective home buyers.

 

Land availability in the area also stirred interest of several reputed builders such as Bharat Infrastructure and Engineering Limited, Sapta Shree Builders and Developers, and Atlanta Limited, who kick-started several residential projects in this area.

 

Residential and Commercial Market

 

Residential Market Trends

 

Shilphata is an amalgam of various property types; apartments being the most prominent, followed by residential plots and independent houses. The average rate for apartments in Shilphata is Rs 5,375 per sq. ft. The price of 1-3 BHK apartment units range from Rs 30 lakh to Rs 75 lakh.

 

Commercial Market Trends

 

The commercial market is rising significantly in Shilphata for the past few years. The price for shops in this area range from Rs 8 lakh to Rs 15 lakh. The rent prices for shops range between Rs 3,000 per month to Rs 10,000 per month.

 

Major Challenges

 

An increase in the construction of illegal and unsafe buildings in the area is beginning to become a matter of concern for the residents. Several buildings have collapsed in the past few years, leaving the safety of the residents compromised.

 

Inadequate supply of water in this region adds to the woes of the locals. The residents living in and around the area face acute water shortage, and are left with no choice but to pay money to buy water from private tankers.

 

Factors for Growth in the Future

 

The MMRDA is taking a few steps to curb traffic issues within the city. There are plans to widen the stretch from Shilphata-Mahape Road, and transform it into a four-lane flyover, along the L&T Junction. The completion of a flyover on NH-4, which will be connected by Shilphata-Mahape Road, and will extend up to Kalyan Junction, will boost connectivity in the region

 

Residential projects in Shilphataare on the rise. Completion of upcoming projects such as Dosti Centerio, Bharat Ecovistas, Sapta Shree Galaxy, and Atlanta Enclave will bring about a wave of development in the region, and invite a traffic of home seekers to invest in these premium properties.