Palghar has a number of infrastructure developments taking place and hence the real estate market is on an upswing. The presence of various commercial industries in the city is the sole reason of generating a number of jobs and attracting workforce. This has a good impact on the realty market. The residential real estate of the city has a mix of luxury, mid-segment and affordable housing units.
The real estate market of Palghar shows positivity with increasing demands from buyers and supply from developers. With improving physical infrastructure that better connects the micro-markets of the city, Palghar has seen a positive impact on the realty market. Other factors that support the real estate of this city are presence of excellent healthcare centers, educational institutes and recreational centers in almost every part of the city.
Palghar is one of the most upcoming districts in the immediate periphery of Mumbai. Since it is situated in the proximity of the Maharashtra’s biggest MIDC (Tarapur MIDC), it has tremendous potential & infinite possibilities for the future growth & development. This MIDC houses more than 1500 manufacturing units, of which some of the renowned ones are Tata Steel, Jindal Steel, Viraj, Siyarams, Tarapur Power station, Bombay Rayon and Camlin. All the nodal government agencies like the Nagar Parishad, PWD Office, MSEB, Tehsil Office, Sub Registrar Office, Sikshan Vibhaag and Session Court are situated over here. The Western Rail route, which will soon commence the local-train network between Virar and Dahanu, will establish areas like Palghar as an extended region of Mumbai itself. Located next to Virar, it has direct road access to the Mumbai Ahmedabad Highway (NH-8). Mumbai Chatrapati Shivaji International Airportand Bus stand are also easily accessible from here. In addition, beautiful beaches (Kelva, Mahim and Satpati), ancient forts (Kelva and Shirgaon) and Manor Dam in the vicinity of Palghar make the place an attractive tourist getaway. Maharashtra’s largest fishing center, Satpati is also at a driving distance from Palghar.