Panchshila ApartmentTilak Nagar, Mumbai

Demand for property in Tilak Nagar is quite high since the area has witnessed skyrocketing development over the last few years. There are several mid range and premium projects available in the area along with mid stage projects. 2 BHK housing units are readily available in this area and leading developers like Kamala, Ashok Therwani and Rajshree Builders are highly active here.Tilak Nagar is a major residential zone in Chembur and is also a railway station on the Mumbai suburban network’s Harbour Line. The area is named after Bal Gangadhar Tilak, the famous freedom fighter. The area is dotted with several playgrounds and gardens and is also famous for its Ganpati festivals. Tilak Nagar offers great public transport facilities including auto rickshaws and BEST buses. The Tilak Nagar railway station is a major connectivity lifeline for residents in the area while the Chembur railway station and Kurla terminus are both accessible from it. The Ghatkopar metro station and Chembur monorail station are both easily accessible from the area.Tilak Nagar offers great connectivity to places like Kurla, Deonar, Chunabhatti, Mahul and Ghatkopar. The Chhatrapati Shivaji International Airport is well connected to the area along with the Bandra-Kurla Complex, Lower Parel, Andheri East and Navi Mumbai. The Eastern Express Highway and Eastern Freeway are both accessible from Tilak Nagar and are major connectivity lifelines for residents. The Wadala-Chembur-Jacob Circle monorail corridor is easily accessible from the area. There is a flyover connecting the Dr Hans Bhugra Junction on the Western Express Highway to the Amar Mahal Junction on the Eastern Express Highway and this is easily accessible from the area. The Santacruz-Chembur Link Road is also accessible from the area.There are several reputed educational institutions in the area including the Holy Family High School, Lokmanya Tilak High School, Municipal School and the Saraswati Vidya Mandir. The Sahakar Plaza, Shopper’s Stop and McDonald’s are major attractions in the locality along with the Sahyadri Ground, Om Shiv Sai Ground and Municipal Ground. Property prices have gone up by approximately 5.63% in the area as per Q3 2015 and average prices stand at around INR 12, 500 per sq. ft. here for the same period. Popular projects include Ashok Therwani Swaroop and others.