One of the Most lucrative spaces on the real
estate map, Thane, has risen as a realty hostpot among buyers and
developers alike over the years.
New projects in downtown Mumbai are close to
saturation point and have been observing a space crunch, causing the
growth in the mainland towards the northern and eastern directions, thus
creating the 'up-town phenomenon'. The migration of aspiring job
seekers into Mumbai, growing nuclear families, better lifestyle,
connectivity, newer locations offering business op-portunities, an
increased affordability and an availability of home loans are creating a
huge demand for residential and commercial properties, thereby pushing
the growth of areas like Thane and Dombivli-Karjat region.
Thane is hence, growing to be the uptown of Mumbai,
In recent times, it has been an attractive destination in terms of
infrastructure support and growth prospects. Rightly priced property
prices, project facilities and a supporting infrastructure provide an
advantage to the real estate here. Currently, Thane has a favourable
social infrastructure and connectivity, thanks to the presence of some
of the finest developers with a successful track record in this region.
Proposed infrastructure plans and their timely execution will place
Thane, as a case study, in real estate development of MMR.
As far as residential projects and their consumers
are concerned in India, especially in Mumbai, they demand holistic
products, which can cater to the ever growing demands of all family
members. It is all about providing amenities such as a clubhouse to
spend quality time; swimming pool to rejuvenate from the stressed and
fast paced life of Mumbai; senior citizen - friendly areas so that they
also have their much needed space; a play area for kids and crèches to
make sure they are taken care of a well equipped gymnasium and multi-
sports facilities to stay fit; hobby rooms to engage in personal
passion, etc. Thane can provide all the above mentioned amenities within
your residential projects as well as within a small radius of your home
and that too, at a much acceptable price point. In Mumbai, where
affordability of owning your dream home is getting dearer, it is of
utmost importance to pick the right location and project.
Today, Thane is encompassing the luxury element
of downtown Mumbai on one side and smart sized apartments on the other
side; i.e. studio, compact 1 and 2 BHKs and smart 3 BHKs.
Neral is also being touted as the ‘next Badlapur’
owing to the infrastructure development. Vikram Gadekar, owner, Sree
Vriddhi Properties says, “While much of the development in Badlapur
happened because of Ambernath and proximity to Thane, Neral is a close
beneficiary owing to its proximity to Badlapur. Despite the fact that
Vangani and Shelu are closer to Badlapur, infrastructure development is
hinting at Neral as the next beneficiary.”
The increase in office space demand in Thane and
nearby locations has led to a walk-to-work concept and reduced travel
time in a major way. Thane is also endowed with multiple renowned
schools, multi-specialty hospitals, temples, shopping malls, avenues for
recreation and entertainments, fine dining restaurants and eateries
within the easy reach of the people.
The topography also provides for fresh and
non-polluting air-quality, especially in the region like Ghodbunder
Road, which is surrounded by natural greenery of Sanjay Gandhi National
Park on one side and the flowing Vasai Creek and Ulhas River on the
other. The planned infrastructure of the city keeps away the dumping
grounds, pollution and thrash areas to ensure freshness in the air
levels all the time. Moreover, Thane has over 33 lakes, which provides
for additional items on your weekend places-to-visit list.
Speaking about connectivity; Thane enjoys superb
connectivity to Navi Mumbai as well as to the eastern and western
suburbs of Mumbai via the Ghodbunder Road. With the onset of various
intersections like JVLR, SCLR, Eastern Freeway, NH-8, Mumbai-Nashik
Highway and the Thane-Belapur Road, Thane forms the central hub to reach
any where within 30-40 minutes. Besides the central harbour rail line,
Thane-Panvel rail line and the central railways connect Thane to
Mumbai's railway network very well. Future connectivity plans include
the proposed Wadala-Kasarvadavli Metro rail that would run along the
Ghodbunder Road with more than 10 halts within Thane itself. Other
infrastructural developments on the cards include the construction of
the Borivali- Tiku-ji-ni-wadi Tunnel, Ovala- Chena Freeway, Thane-Diva
Road, the fly-over at Bhiwandi bypass, metro-3 project to Kalyan and
also the waterfront development to connect Vasai and Gaimukh Creek.
To support the growth of this sector, the government
is also giving tax rebates on housing loans, interest exemptions and
fastening the process of approvals and sanctions. To sum it all, Thane
the emerging uptown of Mumbai, is now catering to all demands from MIG
housing to super luxury projects with major realty brands launching huge
projects, thus making it a realty hub. Today, it is the most desirable,
self-sustainable and environment friendly destination of the city.
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
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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