Kalher Kasheli investment

Hi Friends,

Many of us are always looking for Low cost options for buying flats in Mumbai Sub-urbs either investing money or for staying purpose.

I did some R&D, and came to know, that Thane Sub-urb can fullfill such requirements.

Since Thane is declared as a future Smart city, So, I am trying to search options in Thane sub-urbs.Few years back, Ghodbunder road was an area for investment with low cost options, however, now a days, its one of the most costly plave in nearby Thane Location.

So, Kalher / Kasheli (Place near Balkum), is attracting young investors. Though the place in under Gram Panchayat, and as a result High rise tower options not available here, but still, few good projects (surprisingly economical), are available here.

Following are few Pros and Cons (as per the info, till now I have, However, I am also looking for some feedbacks from you guys), regarding that area:

1. Geogrophically, it is better option that Ghodbunder road / Kasarwadawali, and far far cheaper. (As close as around 8Kms from Thane Station, and 5 Kms from Majhiwada junction), with very good connectivity of four Lane highway (So, no traffic rush, anytime).

2. However, Since, Its just starting for the MMRDA approved projects here, So, as of now, not much people are staying here (As the projects are also under construction).

3. Considering the fast growing property requirements of people, it seems to be next most fast growing area in near future.

4. With the insrease in population in this area, it seems the Monorail project which was put on hold for this area, can be restarted.

5. Since It is gram panchayet property. So, till now, its still not clear, if it will come under Thane or Bhiwandi Minicipal, but mostly, it could be under Bhiwandi.

I am still searching for some blogs / posts where, I can find people who already invested here.
So, lets use this platform in sharing your experiences with respect to this place.
Also, lets share the reviews on new upcoming projects here.

Thanks,

I will try to keep this blog alive, as much as possible,.
:)