Monday, 27 July 2015

Areas beyond Thane provide good options for housing

Shirin Sudhakar acquired a ready-to-move, two bedroom, hall, kitchen flat for an all-inclusive cost of around Rs 22 lakhs. Having fully paid back the bank loan taken to fund this acquisition in 2010, she decided to invest around Rs 80 lakhs in another two-and-half BHK apartment near the Eastern Express Highway in Thane. According to the company spokesperson of Kalpataru Ltd, “In the last two decades, Thane has been transformed into a rapidly-developing location. The city, which was earlier dominated by industrial units is now dotted by high-rises. Thane, that was known for affordable housing due to a lack of infrastructure and connectivity a decade ago, today, boasts of the best residential townships, hospitals, schools and social infrastruc ture, thus making it one of the fastest developing districts for premium and luxury housing.“

A Harikesh, senior vice-president, sales and marketing at Tata Housing Development Company Limited, says, “Mumbai will always remain the favourite destination for home-buyers. Areas like the Thane-Kalyan belt offer a lot of market potential to the developers owing to its connectivity and accessibility to the city of Mumbai. Lately, these areas are offering projects, which not only fit the budget of the buyers, but also offer the best-in-class facilities that are at par with interna tional standards.“

After Kalyan and Dombivali, Ambernath is fast becoming one of the rapidly growing suburbs of northeast Mumbai. These regions are also becoming the next sought-after destinations for second home-buyers, largely because of the multiple amenities and infrastructural developments taking place around these areas.

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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.


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