What do you think of the real estate prospects in Thane? Do you consider it a good housing market?
Thane is of course one of the leading housing markets in Mumbai and across India as well in my opinion. As far as I know, Thane is now seeing top housing projects come up including Piramal Vaikunth A Class Homes Series 2, Lodha Amara, Shapoorji Pallonji Northern Lights, Lodha Casa Zest and many others. In fact, all leading Mumbai real estate developers are now eyeing Thane for future expansion. Even Raymond Group is coming up with a major project in Thane and many others will follow suit I feel.
Thank you Arshad. I was actually looking to understand the mind-space of other industry professionals and enthusiasts about the prospects of Thane as a major housing market in the future. You, I see, believe in the potential of Thane as a future hub of residential housing. In fact, I agree with you personally.
In fact, Thane apart, you should also consider emerging housing hubs in the entire Kalyan-Dombivli belt. There are many exciting projects here. Thane, of course, has some of the more premium options and existing social and civic infrastructure which makes it more appealing to a larger section of buyers.
I think Panvel is the best and fastest growing option in Mumbai realty market. Thane is good but Panvel is even better. Look at the connectivity options, proximity to new Airport, infrastructure and overall interest from buyers. Panvel is definitely the next big success story after Navi Mumbai.