Tuesday 21 April 2015

Is it a good time to sell your property in Thane?

Economics suggests that property price rise happens when housing demand is more than its inventory. If this is to be followed, than this can be a good time to sell your property in Thane, provided the valuation is in between Rs 20-50 lakh.

Magicbricks quarterly research report - PropIndex of this quarter (Jan-Mar 2015) indicates that Thane is having a considerable demand of properties in range of Rs 20-50 lakh. However, the supply of residential units is running short in the area and has further decreased in past three months.

Increasing cost of construction and continuous demand of such properties has outstripped the supply in the area. Being the only affordable haven around Mumbai with developed infrastructure, the demand is tend to increase for properties priced below Rs 70 lakh in near future,”

Property experts are also of the view that 2BHK apartments are selling like hot cakes especially if they are priced below Rs 50 lakh. However, the options are very limited and those available are towards Beyond Thane region which is currently not fit for end-users.



Read entire Article on http://goo.gl/00JN0w



About us

MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.


Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.


Contact

501, 5th Floor, Plot No - A-123/4,
Odyssey IT Park, Road No. 9,Wagle Estate
Thane (W) - 400 604, Maharashtra, India

Mobile : (+91) 9833 4583 23 
E-mail: mchithane@gmail.com  

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