Pokhran Road located at Thane west has emerged as one of the leading real estate destinations in Thane west. Thane has experienced a steadfast boost in the real estate sector because of the impeccable growth of the infrastructures.
Generally real estate investors assess certain key criteria’s before buying a property. This primarily includes environment, connectivity, amenities and infrastructure. It is must to consider these facts before making an investment to make it worth. Thane over the past few years has evolved as the most preferred dwelling spot.
Many localities in and around Thane are tremendously growing and preferred as prime locations for residential investments and Pokhran Road is one of them. With the pace of development in infrastructures, residential and commercial real estate sectors and connectivity, Thane and its peripheral areas are topping the charts for investment. Still evolving day by day Pokhran road has many reasons which drive the investors to choose this locality for buying their dream home.
Below are some handy facts about Pokhran Road Thane west that will help you understand the locality in depth.
The price trends of the residential properties on Pokhran Road Thane, has shown a good appreciation the year 2008 to 2016 with some highs and lows in between from.
In 2008, the average property rate was nearly Rs. 5000 per sqft from January to March.
2009 showed appreciation in fragments i.e. from Jan to March the average property rate was Rs. 5,300 per sqft after that it elevated to Rs. 5,400 per sqft in July-sep span and again raised to Rs. 5,500 per sqft from October to December.
In 2010, the average value elevated to Rs. 5,600 per sqft from January to March, Rs. 6,500 per sqft from April to June, Rs. 6,650 per sqft from July to September and Rs. 7,200 per sqft from October to December.
Year 2011 again achieved appreciation with Rs. 7,500 per sqft from January to March, Rs. 7,700 per sqft from April to June, Rs. 7,900 per sqft from July to September and Rs. 8, 000 per sqft from October to December.
In 2012, average rate of the properties was Rs. 8,100 per sqft from January to March, Rs. 8,500 per sqft from April to June, Rs. 8,500 per sqft from July to September and Rs.9, 500 per sqft from October to December.
Year 2013 average rate increased to Rs. 10,000 per sqft from January to March, Rs. 10,600 per sqft from April to June, Rs. 10,700 per sqft from July to September and Rs. 11,000 per sqft from October to December.
In 2014 from January to March it came down from Rs. 11,000 per sqft to Rs. 10,900 per sqft and again achieved to Rs. 11,500 per sqft from April to June, Rs. 11,600 per sqft from July to September and again deprecated to Rs. 11,300 per sqft from October to December.
2015 again appreciated with average rate of Rs. 11,500 per sqft from January to March, Rs. 13,000 per sqft from April to June, Rs. 12,200 per sqft from July to September and Rs. 12,300 per sqft from October to December.
In 2016 it was Rs. 12,300 per sqft from January to March and Rs. 12,500 per sqft from April to June. And it is still on the verge of increment in future.
Real Estate Trends
Pokhran road, Thane west is located with many launched, ready to sale and under construction projects, driving the demand of residential real estate on top in the investors list. Thane’s most recent launches and best projects are mainly on Pokhran Road and Ghodbunder Road.
Pokhran Road was originally an industrial locality and was a hub of various business offices providing a reason for the investors to live around for employment. Raymond, Kores, Glaxo SmithKline, TCS, Voltas and many other well-known companies are located here.
Prominent builders like Dosti Group, Wadha Group, Cosmos Group, Tata Group Kalpataru Group etc. have made their remarkable foot prints with premium projects on Pokhran road 1 and Pokhran Road 2 in Thane west. Here’s a glance at few of them:
Wadhwa courtyard is the most prominent residential project in thane west, located at Thane Pokhran Road with 2 and 3 BHK flats for sale. Wadhwa courtyard has exclusive connectivity to eastern express, NH3 and NH4 highways linking to other parts of Mumbai. Residents also enjoy its close proximity to entertainment Malls and tourist points like Upwan Lake.
Wadhwa Courtyard offers saleable 2 and 3 BHK apartments in Thane west. The price rate for 2 BHK flat starts from INR 1.62cr and it has a carpet area ranging from 798 sqft to 838 sqft. The carpet area for 3 BHK flat is in between1167 sqft and 1323 sqft and its price rate is from INR 2.51 cr, which is quite high but worth buying as a luxury apartment.
Wadhwa Courtyard offers its best of amenities to its residents which includes Guest room, Landscape gardens, Amphitheatre, Rock climbing, Jogging track, Party lawns, Swimming pool & toddlers pool, Existing temple, Club house, Outdoor children play area, State of the art club house, Business center, Squash court and many more giving a luxurious touch and better lifestyle.
Cosmos Horizon located on Pokhran Road no 2 is a multi storeyed property with 27 towers. Residents of Cosmos Horizon get a magnificent view of Upvan Lake and have a close proximity to Sanjay Gandhi National Park, the famous spot in Thane.
This residential property offers luxurious 2 BHK and 3 BHK flats for sale. The price rate of 2 BHK and 3 BHK starts from INR 81 lakhs and INR 91 lakhs respectively and the saleable area is 880 for 2 BHK flats and sqft for 3 BHK ranges between 985 sqft – 1015 flats.
Cosmos horizon offers top class amenities to its residents which includes Community room, Video door phone, Indoor Games, Intercom, Gymnasium, Swimming Pool, Multipurpose Tennis, Basketball Court, Spa, Wifi etc. adding luxurious touches to the life of its residents.
Tata serein is located on Pokhran Road no 2, Thane west. Spread across 7.5 acres of land it is a multi storeyed building with 4 towers, developed by Tata housing builders. Tata serein with its close proximity to Yeoor hills gives a magnificent view of lush green environment. Thane Railway station is just 15 minutes from Tata serein and has close proximity to Bethany Hospital and Prachi hospital i.e. just 2-3 minutes distance.
Tata Serein offers luxurious 2 and 3 BHK flats for sale in Thane. The carpet area of 2 BHK ranges from 696 sqft to 800 sqft and its price rate starts from INR 1.49 Cr. whereas that of 3 BHK flat starts from INR 1.99 Cr. with carpet area ranging between 904 sqft-1117 sqft.
Amenities offered by Tata Serein include Mini Theater, Spa , Multi-activity Pavilion, Skateboarding Area & Deck, Massage Rooms, Children play area, Swimming Pool, Gymnasium, Yoga Rooms, Indoor Badminton Court, Squash Court, Amphitheater and many more.
Pokhran Road located in thane enjoys an immaculate connectivity with various roads and railways that have attracted many investors to buy flats in thane west. Pokhran is also connected to various parts of Maharashtra and Mumbai via Ghodbunder Road. Pokhran road is mainly cleaved in two parts i.e. Pokhran Road 1 and Pokhran Road 2 where Pokhran road 1 originates from left of Cadbury Junction signal and Pokhran road 2 originates from Majiwada junction. Pokhran road also has many auto-rickshaw and bus services that frequently run between other suburbs of Mumbai and Thane Pokhran road. Services between Thane city and Mumbai city is provided by BEST buses. It also enjoys a good connectivity to western part of Mumbai. The connectivity of Pokhran Road to western suburbs of Mumbai will be intensified with the emergence of two flyovers in the locality.
Thane Pokhran road is very close to Eastern Express Highway leading to a good connection to south Mumbai and other eastern suburbs. Important business areas like Ambarnath and Dombivali located in Thane have close proximity to Pokhran road. Also Business areas such as Powai SEZ and SEEPZ can be reached from Pokhran road via Eastern Express highway and other prime arterial routes like JVLR (Jogeshwari-Vikroli Link Road). These seamless transit system, has grabbed the desire of many young investors to buy a property in Thane west.
Enchanting Views and Accessibilities
Sprinkled with greenery around Pokhran road has become the most happening location for the real estate investors to buy a property in Thane. Thane Pokhran Road 1 and Pokhran Road 2 are served by the junction of Upvan Lake, making it a tourist point. It is also surrounded with dense hills and mountains making it more beautiful during monsoon.
Both the parts of Pokhran road have many schools, colleges, hospitals, malls, in and around them.
Schools: Smt. Sulochanadevi Singhania School, R.J Thakur College, SVPM’s Sanskar Public School etc. on Pokhran road no. 1 and Euro kids, Little Flower high School, Shivaji Vidyalaya, Vasant Vihar High School and Junior College etc. on Pokhran road no. 2.
Hospitals: Sai Criti care Hospital, Kelkar hospital etc. on Pokhran road no. 1 and Bethani, Qi Spine Clinic etc. on Pokhran road no. 2.
Malls: Korum Mall and the biggest Viviana mall is just at a distance of 10 minutes from Pokhran road 1. R-mall has the closest proximity of Pokhran Road 2. With these malls Pokhran road has witnessed fast and rapid commercial development. Detailed accesibilities of Pokhran Road can be viewed here.
Overall, the present rate of infrastructure and connectivity development implies that Pokhran Road locality located in Thane west has good future promises and has all the reasons to look forward to for becoming the best and well-planned locality in Thane, topping the chart of real estate developers and investors.
If you are thinking to stay far away from city but want to be still connected with it without comprising on accessibilities and amenities, then Pokhran Road is the perfect destination for you!