Mahindra Happinest Palghar Blog

Why Are New Homebuyers Attracted To Palghar For Investments?

After a busy week, going away from the bustling cities and tight schedules to explore the wide green expanses has become the new common. Such escapades have certainly become a therapeutic ritual. But having the opportunity of time and place, to plan and execute such a getaway, is a luxury that most can only crave.

The picturesque city of Palghar provides you the luxury of a great location with enjoyable weather and beaches around. It makes your weekdays and weekends equally relaxing and enjoyable. The infrastructure of the city is also developing at high pace, because of which affordable homes in Palghar are seeing a huge rise. If you are planning your investments, then you should definitely read to know more about why is Palghar the next big investment destination, and why is now the right time to invest in a property in Palghar.

1. Industrial Growth

Palghar is a major industrial hub with numerous industries flourishing in and around the city. Brands like Welspun, Macleods, Dales Remedies, TATA Steel and Raymond have set up here. Maharashtra’s biggest fishing centre is located 8km away from Palghar Railway Station. There is also a dedicated industrial zone – BIDCO. Thus, young professionals are interested in seeking to invest in 1 BHK in Palghar & 2 BHK in Palghar. The average property price rate is Rs. 2911 per sq. ft. and it is estimated that in the coming years, Palghar will see 20-25% of appreciation, owing to the large-scale development.

2. Premium Social Infrastructure

When looking for a new property to invest in, one of the main things to check is its proximity to facilities like schools, hospitals and markets. If you consider the flats in Palghar, you will be happy to know that there are several educational institutes, medical facilities as well as big marketplaces scattered in Palghar city. With the budget allocated by the state government for the fast-track economic development of the city, Palghar is on the verge of seeing a great infrastructural boost soon.

3. Boom in Tourism Industry

Quite the opposite of Mumbai’s humid temperature, Palghar is a relatively breezy and cool city with clean air and pleasant environment. Complementing its great weather are the several waterfalls and picturesque vistas which make this city a prime destination for tourists. With Kelva Beach, Kelva Dam, Mahim Beach, Satpati Beach and the Sheetla Devi Temple in the vicinity, the area is flourishing amidst mother nature. Despite this, the property rates in Palghar are still favourable for new home buyers or for the ones who are looking for a second home or a weekend home.

One such magnificent residential project is Happinest Palghar by Mahindra Happinest, a trusted real estate venture of the Mahindra Group. A housing complex that provides spacious homes with exclusive amenities that are built with keeping in mind the needs of the customers. With greater connectivity, convenience and quality of construction you can choose this thriving residential complex as your next big investment is a city that is heading towards becoming the ultimate investment opportunity.

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