Well Connected:
Mumbai is a constantly evolving city, running out of space to accommodate the ambitious millions seeking bigger opportunities and better lives. Mumbaiʼs soaring real estate prices have given rise to new self-sustaining satellite towns, known as the Extended Western Suburbs.
Home to three million people, it is one of Maharashtraʼs most populated districts. Over the past decade, population growth in this newly created district has even outpaced that of Thane, and it is attracting even more people.
Manor is a bustling community of almost 3,000 households and 10,000 people. It has all the essential building blocks for comfortable living - market place, hospitals, schools, colleges, banks and transportation services. These are elements of society which take years to evolve… somethings cannot be built with only brick and stone!
Surrounded by green hills and the picturesque Manor Dam, New Manor town offers peace and tranquility to its residents, while still being a stoneʼs throw away from the town centre.
The governmentʼs ʻHousing for Allʼ scheme offers interest subsidies and bigger tax incentives to first time home buyers. Along with the ʻMake in Indiaʼ drive to promote manufacturing, everything points to urbanization and job opportunities in industrial belts across India. Palghar and Boisar, in close proximity to Indiaʼs business capital, will stand to profit more than others.
Being carved out of Thane, Maharashtraʼs 36th district headquartered in Palghar will see 56 administrative offices and more than 4,000 government employees relocating here. The demand for affordable housing has only just begun. In fact, the State Government intends to set aside Rs.450 crores for creating infrastructure to develop Palghar into a truly modern district.
That means New Manor Town, which is strategically perched in the vicinity, is bound to reap the benefits of these developments.
There has never been a better time to invest in New Manor Town!