Mumbai known as the financial, commercial and entertainment
capital of India enjoys the status of being the biggest real estate market
in India. Reports reveal that Mumbai has witnessed continuous increase in
prices after a lackluster of 2014 and 2015. The major reason for the price
swing is the limited availability of land.
The continuous increase in demand and prices of properties has led
to the rise of other satellite cities that lie on the periphery. Thane,
located on the north-eastern part of Mumbai, appears as a promising
destination. Thane is a rapidly emerging part of the Mumbai-Metropolitan Region
and has emerged as a hot investment destination backed by robust connectivity
and excellent social infrastructure.
Factors that lure a good number of investors.
When opting to purchase a residential property, one of the main
factors to consider is location. Mumbai and Navi Mumbai have proven to be
favourable options. However, over the last few years, Thane has slowly made its
mark in the field of prime real estate destinations. Plenty of real estate
companies in Mumbai and Thane have taken advantage of this destination's
potentiality to invest and build their projects. Thane West specially has a seen
an abrupt growth of local as well as NRI property investment. A
significant increase in the demand of residential
projects in Thane can also be seen.
Magnificent Residential Properties
Unlike Mumbai and Navi Mumbai, Thane has sufficient landscape to
build more residential projects without affecting its current development or
its green cover. Plenty of measures are taken to improve it. In addition to
this, the government has sanctioned regulations that will help propagate the
growth and success of further projects in the area. It would also contribute to
the rise of NRI Property Investment in this destination. Thane property appears as a lucrative
investment destination. Therefore, residents will enjoy the state of the art
facilities and designs for future growth in the real estate sector.
Beautiful Green Cover
Thane is best known for its open spaciousness as well as its green
cover. Although the real estate development is progressing here, the real
estate companies in Thane are taking precautions to ensure that lush
green covers are preserved. In addition to this, plenty of real estate
companies are encouraging a green thumb within the projects. Plenty of upcoming
real estate projects have allotted spaces for in home flower beds and large
gardens amongst many others. Hence residential
projects in Thane not only offer world class amenities but also
soothes the residents with tranquility and greenery.
Robust connectivity
One of the main reasons why
Thane
property has become such a popular residential real estate destination
is the connectivity. The strategic and well planned road network within this
destination has connected to the arterial roads leading to Mumbai. This makes
it easier for residents to travel and cut down the time woes.
The Ghodbunder Road
is one such infrastructure that has contributed to the increasing success of
this destination. It is well connected to the western express highway as well
as the eastern express highway. In addition to this, the upcoming monorail
project which aims to connect this destination to Wadala is envisaged to boost
the further connectivity in near future.
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