State: Maharashtra
District: mumbai
Total Area: 0.52 km²
Population: 8590
Population Density: 16654
Ashte is a fast growing locality in Navi Mumbai, Maharashtra. The Ashte PIN code is 410221. It is located close to the Mumbai-Pune Expressway close to popular areas like Panvel and New Panvel. The nearest rail stations are Mohape and Somatane while Panvel Junction is also nearby. The upcoming Navi Mumbai SEZ and proximity to employment hubs in Panvel city are increasing Ashte's importance as a residential area. Offering peaceful surroundings and good connectivity, this locality has potential for real estate development.
Ashte is a mix of both urban and rural settlements. While one part has developed into a bustling suburb with tall residential towers, the other still retains its village-like charm. People from diverse backgrounds residing here include young nuclear families working in nearby offices and industrial areas. Their fast-paced lifestyle contrasts with the easygoing rhythm of village folks engaged in fishing and farming. However, both co-exist in harmony. Festivals like Ganesh Chaturthi and Diwali are celebrated with equal fervor. Overall, Ashte offers an amalgamation of urban amenities and tranquillity with a unique culture bringing different communities together.
Ashte benefits from excellent transportation links. It is located close to the Mumbai-Pune Expressway, one of the busiest highways in Maharashtra connecting the two major cities. This provides a hassle-free commute. The vicinity also hosts railway stations at Mohape and Somatane servicing the suburban rail network. Panvel Junction, the major rail hub, is a short distance away. State Transport buses regularly ply between Ashte and neighboring locations like Panvel, Kalamboli and New Panvel. Upcoming infrastructure projects like the Navi Mumbai Metro extended till Panvel will further bolster connectivity. Established road networks within the locality and to other parts enhance mobility.
Ashte is well-equipped with social infrastructure. Some prominent educational institutes include HOC International School and St Vincent Pallotti School. For higher education, SP More College is in close proximity. Healthcare needs are adequately met by hospitals such as Life Care Multi Speciality Hospital and Hoc Hospital located in Panvel. Residents can shop at Excellenza Shopping Plaza, a large neighborhood mall offering both national and international brands. Religious sites, community halls, and parks provide places for social gatherings. Multiple options for both essential and luxury retail along with healthcare and education facilities within reach make Ashte very livable from a social perspective.
Due to its ongoing growth and infrastructure development, the real estate market in Ashte is thriving. Proximity to Mumbai and employment hubs has boosted both buying and rental demand. For home buyers looking for affordable housing within a developed social ecosystem, Ashte offers properties priced around Rs. 5,897-6,000 per sqft. With amenities like malls, schools, hospitals in vicinity, landlords can charge high rents ranging from Rs. 6,500-8,000 for units here. The upcoming metro extension and SEZ nearby are likely to attract more professionals to the area. This will create further rental opportunities for landlords. With promising connectivity and infrastructure upgrades, property rates in Ashte are projected to appreciate making it an attractive investment destination.
Ashte is strategically located in the vicinity of several major commercial and industrial hubs, offering a wide range of employment opportunities for its residents. Some of the top employment hubs near Ashte include:
Ashte is surrounded by several well-established residential areas and localities. Some of the famous sub-localities/colonies/areas in Ashte are:
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