Latest Trends of Thane Real Estate Market

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Mumbai, the financial capital of India, is also the biggest real estate markets & hence has witnessed continuous increase in prices due to limited availability of land. The continuous increase in demand and prices of properties have led to the rise of satellite cities 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 one such city.

Aerial-view-thane

Here are 6 reasons to invest in Thane that is a rapidly emerging part of the Mumbai-Metropolitan Region:

  1. Connectivity: Thane region has superior connectivity with other parts of Mumbai Metropolitan Region (MMR) through Mumbai Pune Expressway, National Highway 4 (NH 4), Eastern Expressway (NH 3) & Western Expressway (NH 8). Thane has good connectivity with South Mumbai through Central Railway and to remote places like Karjat, Kasara, and Khopoli Kalyan Junction.             

thaneghodbunder

  1. Upcoming Infrastructure: To streamline the connectivity further, a new Tunnel Road from Thane to Mumbai via Ghodbunder road has been approved. After successful completion, it will increase the connectivity between Thane and Mumbai. The proposed metro line- Wadala-Ghatkopar-Teen Hath Naka (Thane)-Kasarwadavli- is likely to further boost the connectivity between Mumbai and Thane.

  1. Social Infrastructure: Thane is boastful of good social infrastructure in the form of world class hospitals, educational institutes & hotels. Some of the renowned hospitals are Jupiter Hospital, Bethany Hospital & Chhatrapati Shivaji Maharaj Hospital etc. Furthermore, Thane is a home to prominent luxury hotels such as The Fortune Park and United 21 etc.Korum_Mall,_Thane

  1. Lifestyle: The location has adopted most of the lifestyle and fashion statement from neighbouring Mumbai with slew of shopping destinations such as Korum Mall & Viviana Mall etc. along with other retail outlets & restaurants.

    lord shiva temple in the middle of talaopali aka masunda talao, thane

  1. Hub of Lakes: Thane also has its own nature quotient with a slew of lakes. The place is surrounded by nearly 30 lakes that gives the title – ‘The City of Lakes’. It is touted as an ideal travel destination as it is blessed with the best of nature. Some of the most famous lakes are Masunda Lake, Upvan Lakes & Brahamala Lakes etc. Masundra Lake also known as Talao Pali offers boating and water scooter facilities.
  1. Handsome ROI: According to Square Yards GIC, Thane offers an annual appreciation of more than 9% between Q1-2015 and Q1-2016.