Mumbai, touted as the financial, commercial and
entertainment capital of India stands vertically tall to be the biggest
real estate market in India. Reports reveal that Mumbai has encountered
continuous increase in prices in the recent past . The major reason for the
price increase 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 lies on the periphery. These micro
markets give all the ingredients of a bustling metropolitan life albeit at an
economic price range. Located on the north-eastern parts, Mumbai appears as A
promising Real
Estate property in Thane.Thane is a rapidly emerging part of the
Mumbai-Metropolitan Region:
Real estate property in Thane, being a part of Mumbai- Metropolitan has emerged as a hot
investment destination on the back of robust connectivity and excellent
social infrastructure.
Social Infrastructure: Thane is also known for its excellent
social infrastructure. Various renowned hospitals are also located in the
vicinity. It is a home to several educational institutes &
acclaimed colleges. It also contributes in increasing the footfall in the city.
Furthermore, Thane also offers several avenues for fun and
entertainment . A plethora of spectacular hotels and restaurants makes a good
way to celebrate life and spend good time. The lifestyle is influenced by
the neighboring city Mumbai and spate of shopping destinations and with other
retail outlets & restaurants add to its lifestyle quotient. Korum
Mall & Viviana Mall is a treat to the shopaholics. The real estate market
in Thane is boastful of social infrastructure. On the back of these
favorable factors, a good number of builders are showcasing their interest to
launch new
projects in Thane.
Connectivity: Thane offers the best connectivity when
compared to other parts of Mumbai Metropolitan Region (MMR). It is well
connected to Mumbai Pune Expressway, National Highway 4 (NH 4), Eastern
Expressway (NH 3) & Western Expressway (NH 8). The presence of multiple
subways, bridges and flyovers has made way for an uninterrupted traffic flow.
Nearby cities of Mumbai like Pune and Nashik are also easily accessible from
Thane.
Thane also enjoys robust connectivity with South Mumbai through
Central Railway and to remote places like Karjat, Kasara, and Khopoli Kalyan
Junction. So, the major highlight of the real estate market in Thane is
its excellent connectivity corridor, that has also unlocked its value.
The upcoming projects once functional is expected to enhance the
further connectivity.
The proposal of new Tunnel Road from Thane to Mumbai via
Ghodbunder road has been approved. Once functional, it is envisaged to
enhance the connectivity between Thane and Mumbai. The proposed metro
line- Wadala-Ghatkopar-Teen Hath Naka (Thane)-asarwadavli has also
broken on ground, one completed is expected to boost the connectivity further
and cut down the travelling time.
The place has successfully captured a good amount of traction
among buyers. With a slew of new
projects in Thane, the next sought after micro market in the Mumbai
Metropolitan Region is expected to attract a large volume of realty
investments. The projects are crafted with finest details and offers state of
the art infrastructure, world class facilities , top notch amenities, best
living conditions, round the clock security and many more.
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