Mumbai is one of the costliest places to invest in, and therefore the residents from Mumbai are now moving towards thane to make their investments. Since last three years, the property rates in Mumbai have increased by 49.87%. Today Thane is not only a lucrative option for buying property but also tops the real estate chart and has given many reasons for home buyers in Mumbai to invest in Thane properties viz: an exclusive transit system, accessibility, a residential hub and a sprouting commercial hub.
Thane city also called as the sister of Mumbai city comes under Mumbai Metropolitan region (MMR). Thane known as the city of Lakes has 30 + lakes inside its precincts. The Mansunda Talao, also known as the Talao Pali is amidst the most stunning lakes in Thane.
Located centrally, the pulsating hub of Thane is well connected via railways and roadways. Thane has witnessed a phenomenal growth in the past few years. The driving force for the growth in the city has been stable infrastructural growth along with developments on the residential and commercial front.
Real estate for some people means investment, while for some it is addressing to their shelter needs. Basically procurements depend on the need of a person. Buying a home or investing in property at a particular place revolves around various factors with locality and connectivity being the most prominent one. Therefore, choose your location smartly, according to your budget and needs.
With rapid development of social infrastructures and higher ROI (Return on Investment) Thane today is among the top investment destinations in the country. Today residential and commercial properties in Thane are par with International standards and the presence of the industrial belt is also the driving force of the growth in Thane.
Thane offers plethora of choices in the affordable and luxurious segment. Each one of us looking for a property for investment has multiple thoughts running in their mind. Understanding your locality and its dynamics or essential characteristics is utmost importance.
Below are a few characteristics of Thane than can help you fasten your decision making process.
Exclusive Transit system!
Thane located centrally enjoys immaculate connectivity to Navi Mumbai, Eastern and Western Suburbs of Mumbai via Ghodbunder Road, Jogeshwari Vikhroli Link Road (JVLR), SantaCruz Chembur Link Road, Eastern Freeway, NH 8, Mumbai-Nashik Highway and the Thane-Belapur Road. Besides, the Central Harbour Rail Line, Thane-Panvel Rail Line and Central Railways connect Thane to Mumbai’s railway network.
Also, the Proposed Wadala – Ghatkopar – Teen Hath Naka (Thane) – Kasarwadavli, Mumbai Metro Line 4 project will connect Mumbai city with Thane and has a passageway of 32km. With the metro, the travel time between Thane and Wadala is expected to reduce by half. In a bid to decongest the busy Thane-Belapur road, the Mumbai Metropolitan Regional Development Authority (MMRDA) is constructing three flyovers on this stretch and a subway at Mahape. According to officials constructing these flyovers and underpass will ease congestion for more than 30,000 vehicles at each junction i.e. Savita Chemicals located at MIDC Industrial Area Turbhe Navi Mumbai, Talavali Naka located at Ghansoli Navi Mumbai, Ghansoli Naka located at Navi Mumbai and the Mahape vehicular subway located at Navi Mumbai.
Of the three flyovers being constructed by the TMC, the Y-shaped flyover at Meenatai Thackeray chowk, located at thane will be the longest spanning 1,250m. It will connect the ends of the traffic jammed LBS road. The Naupada flyover connecting the stretch along MG road from the police station and Saraswati high school will be nearly 500m, while the Almeida junction bridge, at Almeida Main road Chandiwadi, Thane will be the shortest at just 420m.
With superlative connectivity Thane definitely tops chart for the most preferred investment destination over porwering various other hotspots in Mumbai.
Thane City located in the north-eastern part of Mumbai in the state of Maharashtra, comes under MMR (Mumbai Metropolitan Region).
The city also has many lakes, amongst which, Talao Pali, a tourist attraction point, is the famous one. Parsik and Yeoor hills are also one of famous attractions. Various tourist spots and landmarks Sanjay Gandhi National Park, Upvan Lake, Kelwa Beach are at a short driving distance from Ghodbunder Road.
Thane has number of schools and colleges like, Hiranandani Foundation School (HFS), Sri Ma Vidyalaya, Little Angels High School, Arya Cambridge School, Tatvagyan Vidyapeeth etc.
Bethany Hospital, Hiranandani Foundation Hospital, Dr. Maheshwari Hospital, Dhanwantri Multispecialty Hospital etc. are some of the hospitals in Thane.
Other conveniences that form a part of Thane are Viviana Mall, Korum Mall, Hypercity, D Mart, Mega Mall and Big Mall.
A Residential Hub!
Thane has emerged as a true leader in the real estate sector with flair of transformations and emergence of several service industries. Thane provides galore options from the investment perspective. Thane is well planned with modern infrastructure to grab the desire of rich and easy lifestyle.
Many residential projects are enclosed with gardens and parks to provide the residents, pollution free, fresh, neat and clean environment, which have got the eye balls rolling.
Various eminent developers in Thane have been instrumental in transforming the skylines of Thane enhancing the place further as a premier choice. A few residential properties Thane comprise of:
Raunak Delight by Raunak Group located at Ghodbunder Road Thane offers 1 BHk flats with price starting from INR 45 Lakhs.
Lodha Luxuria Priva located at Majiwada Thane offers luxurious 2 and 3 BHk flats with price starting from 1.30cr.
Raj Tattva by Rajesh Lifespaces located next to Wonder Mall Kapurbawdi Junction Road, Thane west offers exquisite 3 and 4 BHK flats with all modern amenities.
Kalpataru Sunrise Grande, a residential project located at kolshet Road, Thane offers 2 and 3 BHK flats.
Rustomjee Azziano, at Majiwada, Thane, offers 2 and 3 BHK flats with 70 percent green spaces around.
Haware Dahlia by Haware Builders, is a residential project, located on Kasarvadavali, Ghodbunder Road, Thane west, offers reasonable and quality apartments i.e. 1, 2 and 3 BHK flats with price starting from 41.9 Lakhs.
HomeTown Phase 3 by Puranik Group in Thane west, offers 2-BHK and 3-BHK configurations, exquisite amenities and price starting from 84.7lacs. Rumah Bali, located at Ghodbunder Road, Thane offers spacious 1, 2 and 3 BHK flats. The price of these flats start from 47.0lacs. It is spread over 10 acres of land.
A Sprouting Commercial Hub!
Thane is also considered to be the emerging commercial real estate hub, offering enormous employment chances, due to forthcoming IT & Business centers like Orion, Hiranandani Business Park etc. With very reasonable rentals, Thane is all set to be emerging central business district of Mumbai.
With a varied mix of opulent choices, Thane is one stop destination for home buyers. With the pace at which Thane is growing and evolving one can definitely invest in Thane.