NAREDCO Maharashtra Inaugurates their Neral-Karjat Unit

NAREDCO Maharashtra, the Maharashtra chapter of NAREDCO inaugurated their new unit in the State, NAREDCO Neral-Karjat. This has led to the creation of an affordable housing stock of over 40000 homes from their 100+ members associated with this unit. This is expected t

BY Realty Plus
Published - Friday, 13 Aug, 2021

NAREDCO Maharashtra Inaugurates their Neral-Karjat Unit

NAREDCO Maharashtra, the Maharashtra chapter of NAREDCO inaugurated their new unit in the State, NAREDCO Neral-Karjat. This has led to the creation of an affordable housing stock of over 40000 homes from their 100+ members associated with this unit. This is expected to unlock the affordable housing properties and offer a great opportunity to the discerning homebuyers to buy RERA registered properties at affordable prices in the Neral and Karjat region. The new unit was inaugurated by Hon. MLA of the Karjat-Khalapur region, Mahendra Thorve. Shri Mahendra Thorve, Hon. MLA, Karjat-Khalapur said, ’’With the proposed infrastructure and development in Neral-Karjat region, the noble initiative taken by NAREDCO Maharashtra to launch a unit will surely drive demand for affordable housing. I truly appreciate the entire team of NAREDCO for the much-needed support towards a progressive region that shall benefit the homebuyers in near future.’’ Neral-Karjat is located central to both Mumbai and Pune. The State Highway connects Neral to Karjat, NH4, Panvel and Badlapur. The Matheran hill station is an important tourist attraction in the region. Once lacking both infrastructure and connectivity, Neral-Karjat, today flaunts all amenities available at one’s disposal. Many mega infrastructure projects are being set up by the government to catalyse the real estate growth in Neral-Karjat. Also, it has been designated as the ‘next big residential hub’, after Ambarnath-Badlapur and Kalyan. Ashok Mohanani - President, NAREDCO Maharashtra said, “We are happy to announce the launch of NAREDCO's new unit in Neral-Karjat. This will open up new affordable housing inventory for the prospective homebuyers who are looking to buy their dream home. Under NAREDCO's umbrella, the homebuyers too will have a sense of trust and confidence. It will also boost the Government's policy of creating ‘Housing for All by 2022’.” The infrastructure development in the leading metro cities has improved connectivity to peripheral destinations, thereby, bridging the gap between the cities and the peripheries. On the other hand, projects such as the metro rail, ring roads and highways, etc., offer improved connectivity to the existing city establishments and are more suitable to the immediate needs of budget-conscious home buyers. Gautam Thacker, President, NAREDCO Neral-Karjat unit said, “The Neral-Karjat region offers reasonably priced properties to buyers as compared to other locations in Mumbai, Thane and Navi Mumbai. The location has several affordable properties on offer for buyers in the lower-income segment and is witnessing huge interest from homebuyers as well as investors looking for second homes. At the time when real estate prices have undergone correction, this region with its upcoming infrastructure, tranquil surroundings and affordable pricing can bring the homebuyers' dream come true.”