Top 10 Reasons to Invest in Thane

3 min read

Top 10 Reasons to Invest in Thane

CONNECTIVITY:

Gone are those days when Thane was called the ‘Satellite City’ of Maharashtra.  It is now blessed with excellent connectivity to the major parts of Mumbai. Here’s looking at some of the top connectivity advantages in Thane:

  • National highways 3 and 4 connect West Thane to other parts of Mumbai.
  • The future of Thane City looks bright with the introduction of metro services in the pipeline and it will cut traveling time between Wadala and Thane by almost half.
  • Thane-Dive Road and Bhiwandi Bypass flyover will be major infrastructural game changers for Thane.
  • The metro-3 projects to Kalyan and Mira-Bhayander areas will boost connectivity for residents as well.
  • There will be parallel roads built near metro corridors between Kalyan and Thane.
  • Ghodbunder Road is a major connectivity lifeline, connects to both Western and Eastern Express Highways.

These connectivity developments certainly make Thane one of the top places to invest in India over the next few years. It goes without saying that widespread development of physical and civic infrastructure will naturally spark demand for housing throughout Thane. In fact,

Affordability is the main subject that highlights the residential market of Thane, the demand for premium housing has also seen an up going in recent years. Over recent years, Thane has developed from a small town to a well-built metropolis. Well maintained roads and flyovers and rapid infrastructural development are making Thane the first choice for homebuyers and families in recent times.

A THRIVING COMMERCIAL HUB:

With multiple IT Parks, business zones and shopping malls coming up in Thane, there are several new housing projects which are cashing in on the twin factors of available social infrastructure, business and commercial growth and of course, higher employment generation and opportunities in the area. This, along with the correct ongoing infrastructure work, i.e., widening of existing roads, the cluster policy, TDR policy and other favourable policies of the Government, has attracted several real estate developers with regard to developing projects in Thane.

Developers like Tata Housing, Lodha Group, Godrej Properties and Hiranandani Constructions already have projects in Thane. These are some of the best property to invest in Thane. The Thane-Ghodbunder Road area is a coveted residential cum commercial hub as well. The area near Kolshet Road is also a good area to invest in. Several IT and ITeS hubs are coming up in the vicinity as well.

Here’s taking a look at some of the top business parks in Thane:

  • Lotus Park
  • Thane One Corporate Business Park
  • Sunrise Business Park
  • Reliable Tech Park
  • Odyssey IT Park
  • Maitri Park
  • Nitco Biz Park
  • Raheja Mindspace

Some of the top companies in Thane include the following:

  • Tata Consultancy Services (TCS)
  • DIL Limited
  • Bayer India
  • Otis Elevator Company
  • Voltas
  • Bharat Insulation Company India Private Limited
  • Aditya Birla Financial

HEALTH AND EDUCATION:

Thane offers ample social infrastructure for families, particularly in terms of health and education facilities.

Hospitals in Thane-

  • Horizon Hospital
  • Hiranandani Hospital
  • Jupiter Hospital

Educational institutions in Thane-

  • SMT Sulochanadevi Singhania School
  • Rustomjee Cambridge International School
  • Vasant Vihar School
  • Bedekar Institute of Management
  • P. Shah Institute of Technology

ENTERTAINMENT AND RECREATION

Speaking of entertainment and shopping, Thane provides everything in abundance for all its residents. Thane has some of the biggest malls in the city. These include the following:

  • R Mall
  • Viviana Mall
  • Korum Mall
  • Cosmos Mall
  • Infinity Shopping Arcade

Nightlife in Thane-

  • The Irish House
  • Rude Lounge
  • The Beer Café
  • British Brewing Company
  • Last Ride The Lounge
  • Barworks
  • Scarlet Lounge

Restaurants in Thane-

  • China Bistro
  • Greek Gyros
  • The Yellow Chilli
  • Burrito Factory Mexican Café
  • Maria Restaurant
  • Chaubara 601
  • Riviera Restaurant

LANDSCAPE OF THANE:

Thane offers a picturesque landscape complete with abundant natural greenery and other attractions. Thane is known as the City of Lakes and has a total of 33 lakes. Some of the well-known places in and around Thane include the Sanjay Gandhi Park, Kanheri Caves, Masuda Lake and the Kelwa beach.

The TMC Garden is surrounded by Yeoor Hills and is a nature lover’s delight as is the Olawekar Wadi Butterfly Garden. Some areas like Majiwada and Kolshet Road have serene environments and the latter is one of the best areas in Thane West.

INVESTORS DELIGHT:

Things are changing rapidly in Thane. Thane has witnessed a phenomenal rate of return on investments in real estate. Known as the twin sister of Mumbai, Thane is creating its own identity as a major investment and real estate hub in recent years. Thane real estate price trends clearly indicate sizable price appreciation in some localities to the tune of 30% over the last two years or so.

With improving infrastructure, greater connectivity, higher job creation and growing social amenities, the need for homes in Thane should certainly increase in the near future. Today’s real estate developers are coming out with premium projects which come with the very best amenities and facilities for residents. Several integrated townships are being built in Thane and several other mid-range and premium residential projects are also slated to be developed in the near future. As per the Thane real estate market reports, there has been a major increase in demand for realty in the city.

 

Resident Editor