Ghodbunder Road and Kharghar, located in the emerging hotspots of Thane and Navi Mumbai respectively, have showcased a prolific growth in the real estate sector. Investing at right time and right place is the key point of real estate investment to capitalize your outcomes. Making an investment at perfect location is of utmost importance in the long run for an enhanced lifestyle.
Investing is purely dependent on the financial aspects. The main task of a home buyer is to do perfect analysis of certain locations according to their budgets and needs. Mumbai is one of the costliest places, to procure a home or invest in one.
Ghodbunder Road in thane and Kharghar in Navi Mumbai are one of the sought after locations that one can choose for an investment, that will result in high rate of returns from both the perspectives i.e. capital increment and rental incomes to support your monthly EMI.
Buying a home for end use or investing in one is very tedious and stressful task that needs a lot of in depth understanding about the locality, projects and developers etc. Below mentioned are a few handy facts about Ghodbunder Road and Kharghar that will give you an idea about which location to choose for investment!
As believed by the experts, Thane city is more developed than Navi Mumbai. And there are enough lands available in thane that can be still developed.
Experts say that, earlier Ghodbunder road was a locality with very less residential properties and amenities provided by them were very less or almost zero. The roads were quite narrow and had under developed old infrastructures. Ghodbunder Road real estate was relatively low.
But now with overall growth in all the sectors, Ghodbunder Road is the hottest real estate point of thane and serving as an ideal in terms of high rate of returns for the investors. Buyers were unwilling to invest at Ghodbunder road, because before 2009 there was no infrastructure. But now, it has profited by double to the people who had invested in 2009. Prices rates have hiked from 3500 per sqft to 7000 or 8000 per sqft. Area covered by Ghodbunder road offers variety of residential property options and thus has emerged “hottest property destination” in Mumbai. The prices for the flats start from 42 lakh onwards. Ghodbunder Road provides affordable and luxurious apartments catering to different strata’s of society.
Many real estate investors opt to buy a property at Ghodbunder Road for various reasons which include:
Exclusive Transit system!
Ghodbunder road provides great connectivity to various points in the city, with an effective transit system which is one of the primary reason for the investors. It also has well-organized bus service, with a wide variety of buses like BEST (Mumbai City Bus) and TMT (Thane Municipal Transport) connecting the district of Thane to other points in the city. Taxis are also available, providing services to the Mumbai Airport, local train stations i.e. Thane, Borivali, Bandra, Dadar, and the main railway stations such as Chhatrapati Shivaji Terminus and Mumbai Central.
With superlative connectivity Ghodbunder Road definitely tops chart for the most preferred investment destination over powering various other hotspots in Mumbai
One of the famous spot of Ghodbunder road is redeveloped to make it a tourist attraction. Located in Ghodbunder village, Ghodbunder fort is 3kms away from Western Express Highway, Sanjay Gandhi National Park. Fort also has an incredible feature of natural water tank that gives it a beautiful view.
Ghodbunder road offers picturesque views of Thane creek and Yeoor hills by passing through Salsette Island. All these attractions have led the increase in investments.
Ghodbunder Road 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 like Viviana Mall, Korum Mall, Hypercity, D Mart, Mega Mall, Big Mall and Korum Mall form a part of Thane.
Here are some residential properties on Ghodbunder Road, Thane.
A 28 storeyed project Raj Torres by Rajesh Lifespaces, offers 2 BHK and above apartments with price rate starting from INR 1.20Cr.
Values homes provided by Puranik Groups gives a customer satisfaction in real estate market. Projects offered by Puranik Groups are, Spacious Rumah Bali has 1, 2 and 3 BHK apartments with price rate starting from INR 47 Lakhs
Sky suites, by Harmony Lifestyles Group a project on Ghodbunder road, Thane, has 3 BHK flats with price rate starting from 1.50Cr.
Haware Builders offers an elegant project, Haware Dahlia located on Kasarvadavali, Ghodbunder Road offers 1, 2, and 3 BHK flats at 41.7lacs onwards.
Dosti Imperia, Raunak Bliss, Puranik Tokyo Bay, Raunak Delight, Raunak Park View, Vihang Valley and 10 Degree North by Vihang Group, Unnathi Woods Phase 6, Raunak Unnathi woods Phase 7 etc. are many other residential projects in Ghodbunder Road, Thane.
Buying a property in kharghar will serve you as a best step and best investment to fulfill all expectations about your dream home. One of the best areas of Navi Mumbai, Kharghar comes third in real estate development sector, after Nerul and Vashi. Many Mumbai investors are now moving towards Kharghar because of its vital elevation in well-developed infrastructure. And now it is serving as a hot spot for many NRIs. There have been many reasons why kharghar real estate is in demand. Some of them are:
Kharghar provides an effective and easy connectivity to other localities of Navi Mumbai. City bus is prime mode of commute and as enhanced the connectivity, helping travelers to move easily from one point to another. Since kharghar has close proximity to Nasik and Pune, it has grabbed the attention of many property buyers towards itself. Navi Mumbai transport bus facilities are made available in this suburb, which runs frequently and provides services to the various junctions of kharghar.
Navi Mumbai International Airport:
Navi Mumbai international airport that came under utility from 2014, has led to the increment of Kharghar real estate graph in Navi Mumbai. Navi Mumbai International Airport has increased the positional value of Navi Mumbai and has attracted many investors.
Skywalk for Pedestrians:
The Skywalk at Kharghar, which is in process of completeion, is facilitated to offer a barrier free movement of pedestrians from the kharghar locality and kharghar railway station. This 1780m Skywalk also runs parallel to the highway that connects between Bharati Vidyapeeth up to entrance of Pravesh Marg & then along Pravesh Marg up to Utsav Chowk.
Belapur-Kharghar-Taloja-Kalamboli-Khandeshwar metro project is planned to be implemented in Navi Mumbai, having passageway of 21 km. The proposed Navi Mumbai International Airport is to be connected with the proposed railway station plan i.e. route from Belapur-Kharghar-Taloja MIDC-Kalamboli-Khandeshar station.
Kharghar Railway lines are called as Harbour Lines which is divided into parts i.e western railway line and central railway line. Connectivity of western railway line is through wadala station and connectivity for central railway line is in between Karghar station and CST stations. The place is easily accessible from Pune and Nasik, the other major cities of the state.All the above connectivity have led to comfortable movement of Kharghar residents to various nodes in and out of Navi Mumbai.
Kharghar: An investment spot
Over the passing years Kharghar has shown a rapid development growth in both commercial and residential realty. There are many upcoming residential projects in kharghar which has increased the investment and migration rates of kharghar. Many people from close cities are moving towards Kharghar.
Builders in Kharghar, Navi Mumbai have developed exclusive projects namely:
- A residential project, Bhagwati Group Greens has 2-BHK and above flats with price from INR 1.52cr onwards.
- Green Woods offers 2-BHK and above flats with price from INR 96.8 lakhs onwards.
- Hex Downtown, residential project offers 1 BHK and above configurations with price from INR 47 lakhs.
Investments and procurements in the real estate sector in kharghar has increased from last few years due various facilities available like colleges, hospitals, schools and many entertainment spots etc.
Many well-known colleges located in Kharghar i.e. Yerala Medical Trust’s College, Saraswati College of Engineering, and The Institute for Technology & Management (ITM).
Kharghar has well-developed educational international schools such as Harmony International School in sector-5, Green Finger School in sector 12, Sanjeevani International School in sector 18 etc.
Kharghar is also surrounded by many health care centres: Niramaya hospital, Om Navjeevan Hospital, Kharghar Medicity Hospital are some of them.
At present, famous and most visited malls by the Kharghar residents for shopping or hangouts are Little World Mall. Shah Mall in Sector 20, Adhiraj mall in Sector 5, Prime Mall in Sector 12 and Glomax near Kharghar railway station
Magnetic spots of Kharghar
Krantiveer Phadke Garden, Central park and Golf Course, Kharghar hills, ISKON etc. are the most famous attractions in Kharghar.
Krantiveer Phadke Garden:
Sector 21 of Kharghar is centered with the huge park i.e. Krantiveer Phadke Garden. Krantiveer Phadke Garden too, adds to the beauty of kharghar.
Golf Course and Central Park
Golf course project in kharghar adds to growing facilities of Kharghar. Golf Course comes after Urban Haat at Belapur and Central park at Kharghar. The largest entertainment and famous park i.e. Central Park in kharghar adds to fun of the locals who love to visit it with their family and friends, during their weekends or vacations. After Central Park is developed completely, it will be considered as the largest Park of Asia.
Kharghar hill is basically situated between the two suburbs of Navi Mumbai, i.e. Belapur and Kharghar. The hill is very large and thickly forested with beautiful sights and views of greenery and lovely nature. It is the most liked place by all nature loving people in Kharghar and nearby areas. During Monsoon, Kharghar hills are fully populated and dense with grass, shrubs and bushes. This has attracted lot of Bird species. Kharghar hills are the best place to jog, take a morning walk and evening stroll.
Even though Kharghar has better open spaces, the first choice of investors has always been Ghodbunder Road in Thane due to seamless connectivity to central and western suburbs. Thane Municipal Corporation has made tremendous efforts by upgrading roads and infrastructure to attract investors. Flats in Thane Ghodbunder Road are in harmony with nature with enchanting views of Thane creek, Parsik Hills and Yeoor hills. With a plethora of luxurious and affordable projects at Ghodbunder Road, Thane, developers have changed its real estate view and offer an ultimate solution to buy your dream house. Invest at Ghodbunder Road, a perfect location with a great future scope and higher ROI.