Paye Gaon, Mumbai

Paye Gaon is a village located in Thane district of Maharashtra. It is situated in the northern suburb of Mumbai near Bhiwandi. Paye Gaon's PIN code is 421302, and it is well connected to other localities of Thane district like Bhiwandi, Kalyan, and Vasai East. This village provides easy access to the economic and social hubs of the Thane district and is an attractive location for residential and commercial real estate developments.

Paye Gaon, Mumbai, primarily has an agrarian culture, with most people dependent on farming and allied activities. The village is inhabited by Marathi-speaking families living here for generations. They have a simple lifestyle and close-knit community living. The culture is traditional, with an emphasis on family values and social bonds. Festivals like Ganesh Chaturthi and Navratri are celebrated with enthusiasm. The village promotes a calm lifestyle close to nature yet with enough amenities. This culturally vibrant community provides an ideal environment to raise families.

Physical infrastructure of Paye Gaon

Paye Gaon has good physical infrastructure and transportation facilities. It has connectivity to major roads like the Balaji Nagar Road and Savad Naka to Pise Dam Road, which is nearby and gives direct access to Mumbai. The nearest metro station to this area is around 13 Km away, i.e.Bhiwandi Road Station and Thane Junction. Public transportation includes local auto rickshaws and ST buses with frequent services to Thane and Bhiwandi. A metro line extension is proposed, which will improve connectivity. 

Social and retail infrastructure of Paye Gaon

Paye Gaon has a decent social and retail infrastructure to support its needs. On the education front, it has the Presidency School, Aqsa Girls High School and Salahuddin Ayyubi Memorial English Medium School. Shree L R Tiwari College Of Arts Commerce And Science College and Narayana Junior College For Science & Commerce are nearby for higher education. Kashinath Patil Hospital and Radhey Hospital are nearby for healthcare. A commercial complex and market near the bus stand has provision stores and restaurants. Upcoming malls like Miracle Mall and the Lala Shopping Complex will improve retail options for residents. Basic amenities are available with a branch of Union Bank, a police station and a fire station catering to the safety and security of residents. Upcoming infrastructure projects are set to boost real estate development and establish Paye Gaon as a well-connected suburban location with good social infrastructure.

Real Estate Market Trends and Rental Demand in Paye Gaon

The property rates in Paye Gaon, Mumbai, have seen an upward trend over the past year, with average rates of around 2500-3500 per sq ft. This is mainly due to strong rental demand in the area from IT professionals and nuclear families looking for affordable housing close to their offices & amenities.

With marquee IT parks and commercial hubs like Mindspace and Ashok IT Park located nearby, there has been a steady inflow of young working professionals to the locality. This has boosted the rental demand for 1BHK and 2BHK apartments in gated communities, fetching rents in the Rs. 9,000-14,000 range for tenants. As a result, landlords have been able to charge higher rents compared to last year.

The rise in rental demand and prices has also attracted more investors to the local real estate market. This increased buying activity has further supported the ongoing growth in property rates in Paye Gaon. Both tenants and landlords have benefited from the strong underlying economic factors driving the realty sector in this pocket.

Top Employment hubs nearby Paye Gaon

Paye Gaon is located in close proximity to some major employment hubs of the Mumbai Metropolitan Region that provide jobs to many of its residents. Some of the top employment hubs near Paye Gaon include:

• Sheetal Business Centre - 17km
• CR Arcade - 25km
• Quantum building - 25km
• Hiranandani zenia - 26km

Famous sub-localities nearby Paye Gaon

Being a part of the larger Mumbai metropolitan region, Paye Gaon has many neighborhoods and localities in close proximity that play a supporting role. Some of the most famous landmarks in Paye Gaon include:

• Bhiwandi
• Naigaon East
• Vasai East
• Dhokali Naka
• Thane West

Top Things to Do in Paye Gaon

With its proximity to some top landmarks in Mumbai, there is never a dull moment in Paye Gaon. Residents can easily visit Some of the top things to do in Paye Gaon including:

Chinchoti Waterfall: 

This scenic waterfall located just 9 km from Paye Gaon is a popular picnic spot surrounded by dense forests. It's the perfect place for trekking and adventurous activities.

Kamandurg Fort: 

Offering breathtaking views of the surrounding hills and valleys, this historically important 17th century fort is a must-visit. It is situated about 15 km from Paye Gaon.

Tungareshwar Wildlife Sanctuary:

Spread over 288 hectares, this lush green sanctuary is home to a diverse range of flora and fauna. You can spot different bird species and take nature trails here. It's located 7 km away.

Chinchkund Waterfalls: 

For an enjoyable day trip, drive 12 km to these refreshing waterfalls. You can enjoy swimming in the clear water pools here during summer.

Ghodbunder Fort: 

Dating back to the 17th century, this fort situated 26 km away offers stunning panoramas of Mumbai. It's a fascinating place to learn about maritime history.

Conclusion

What’s Good about the Locality:

• Growing physical and social infrastructure
• Proximity to major employment hubs
• Affordable housing options compared to major cities
• Upcoming real estate projects promise increased connectivity
• Thriving agricultural market and availability of amenities

What’s not Good about the Locality:

• Lack of widespread urban planning in parts
• Insufficient public transport within Paye Gaon
• Scarcity of open/green spaces
• Traffic congestion on main roads during peak hours
• Scope for more social infrastructure like multi-specialty hospitals

Overall, with ongoing residential and commercial developments, Paye Gaon is emerging as a promising suburban location for both homeowners and investors in the Mumbai Metropolitan Region.