Overview of Shahad, Thane

Shahad, situated in Ulhasnagar area of Thane, Maharashtra, is a burgeoning town drawing significant eye in the property market. Let me highlight some points for those thinking about buying or renting property here:

Place and Connection

Shahad is close to Mumbai, at about 60 km. It has great routes too. The closest big airport is Chhatrapati Shivaji and Shahad Railway Station is 7 minutes away, linking it nicely to Mumbai and other places.

Setup and Services

Shahad has strong setup with good roads, parking, pools, and other modern stuff. Nearby, within less than a km, you find schools, hospitals, colorful markets, and shopping spots. Plus, there's a local police station for safety.

Prices and Movements

Prices have gone up and down. Recently, prices dropped 15.8% in a year and 6.6% in three years. But over five years, there's been a 5.4% rise. Right now, the average cost per square foot is ₹12,934. Here are some projects:

• Sai World Legend: ₹11,650 per sq. ft.
• Birla Vanya: ₹12,231 per sq. ft.
• K P Millenium Heights: ₹10,342 per sq. ft.
• Ajmera One Kalyan: ₹9,744 per sq. ft..

Types of Homes

Variety is key in Shahad. You find:

• 1 BHK: Loved by singles and pairs.
• 2 BHK: Great for families.
• 3 BHK: More space and features, perfect for bigger family groups.

Market Interest

Many are looking to buy apartments, 96% actually. Most enquiries are for houses priced between ₹50 lakhs to ₹2 crores, showing a love for mid-range to top-tier homes.

Living and Life

People like Shahad for its lively culture and mix of locals. It’s organized for a good life, with all essentials around and modern conveniences. It scores high in livability, promising a good and comfy lifestyle.

PropertyWala’s Final Say

Shahad, Thane, is a great pick for those looking to buy or rent. Its great transport links, solid setup, and diversity of homes make it very appealing. Prices have gone up and down, but usually, long-term trends show increase. Its well-thought-out design, variety in homes, and strong demand mean it’s a smart choice for modern, easy living. Just remember, do your own checking on market trends before jumping in.