Situated at a distance of approximately 40 km from Thane and 53 km north of the district of Jalna, Asangaon is an upcoming residential locality. It is a busy railway station, which caters to Shahapur city. It used to be a small village, along the Mumbai Nashik Highway and the Mumbai–Kasara–Igatpuri–Nashik railway line.
But recently it has started to attract lot of real estate developers. Many new residential apartments, colleges, retail outlets, banks and eateries have been developed in the area due to the development of 400 odd non-polluting industries in Asangaon Industrial Area and Oswal Industrial Estate, nearby.
Asangaon is the terminal station for the Asangaon local train. It comes in between the Central line of the Mumbai Suburban Railway network. This station is used by approximately 75, 000 passengers on a daily basis for commuting to various places.
There are plenty of options available in affordable flats in Asangaon segment. The residential properties in Asangaon are affordable. There are currently 7 under construction properties in Asangaon. The prominent real estate developers are Mayfair Housing, Group, Buildcon, Shree Krupa Developers and Tachyon Realty. The price for the residential apartments starts from Rs. 2,400 per sq.ft. to maximum price of Rs. 2,800 per sq.ft.
Established in the year 1978, Runwal Group is a leading real estate developer based in Mumbai. Mr. Subhash Runwal is the Chairman of the company and Sandeep Runwal and Subodh Runwal are the Directors.
The primary business of the firm involves development of properties for residential and retail sectors. The company has developed more than 65 residential projects in the suburbs of Mumbai like Thane, Chembur, Mulund and Ghatkopar.
Runwal Group is currently developing close to 5 million sq. ft. of space in and around Mumbai and has plans to develop another 5 million sq. ft. in future.