HomePress ReleasePay 10 percent interest on late payment: RERA to buyer. Ambernath: From being industrial hub to affordable housing suburb.

Pay 10 percent interest on late payment: RERA to buyer. Ambernath: From being industrial hub to affordable housing suburb.

Ambernath has good social infrastructure facilities in the form of healthcare, educational institutions and retail outlets for day-to-day requirements

Ambernath, a well-developed industrial micro market of Thane district, is famous for the presence of medium-to-large scale industries in its vicinity. The locality is bisected into east and west sections by the central suburb railway line that starts from Chhatrapati Shivaji Maharaj Terminus (CSMT) and passes via Thane, Kalyan and ends at Khopoli.

Ambernath’s growth took off when the government established a large ordinance factory (OFA) and a machine prototype factory (MPF) here. These industries prompted residential real estate developments and also encouraged other …