Residential Property in Thane sees a good Demand.

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.

Why should you in Real Estate property Thane?

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.

Best real estate projects in thane

Mumbai being  touted as the financial, commercial  and entertainment capital of India and enjoys the privilege of being  the biggest real estate market in India. Reports reveal that Mumbai has  witnessed continuous increase in prices in the recent past .

The major reason for the prices swings 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.  that give all the ingredients of a bustling metropolitan life albeit at an economic price range. Thane, located on the north-eastern parts of Mumbai is a promising

Thane  is a rapidly emerging part of the Mumbai-Metropolitan Region:
Real estate market 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.

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). Thane also shares strong connectivity with South Mumbai through Central Railway and to remote places like Karjat, Kasara, and KhopoliKalyan Junction.

So, the major highlight of the real estate property in Thane is the robust connectivity corridor that has 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 completed,  it will increase the connectivity between Thane and Mumbai. The proposed metro line- Wadala-Ghatkopar-Teen Hath Naka (Thane)-Kasarwadavli   has also broken on ground which will serve as another connectivity corridor between Thane and Mumbai. Owing to this factor, there are several upcoming projects in Thane undertaken by different builders.

Social Infrastructure: Thane is also known for its excellent social infrastructure. Various  renowned hospitals such as Jupiter Hospital, Bethany Hospital & Chhatrapati Shivaji Maharaj is located in the vicinity.  It is a home to several educational institutes.   &  spectacular hotels are located in the vicinity. Some of etc. Furthermore, Thane also offers several avenues for fun and entertainment .  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 property in Thane is boastful of social infrastructure and this is the significant reason to capture a good amount of traction amongst buyers. With a slew of upcoming projects in Thane, the buyers are spoilt for choice.

Thane offers an annual appreciation of more than 9% between Q1-2015 and Q1-2016. This is why real estate market in Thane is becoming a favorite hotspot for investment.