Thane - A Real Estate Oasis Of Opportunity

 There was a me, not long ago when Thane was considered one of those far off places with lile to no sustainable infrastructure and development prospects in terms of real estate and entertainment.

There was a time, not long ago when Thane was considered one of those far off places with lile to no sustainable infrastructure and development prospects in terms of real estate and entertainment. However, in the last two decades, the landscape of Thane has changed. Today, Thane has transformed into an oasis of opportunity as well as a hub for sustainable growth and development prospects.Real estate in Thane has been flourishing well over the past decade.

Addionally CREDAI-MCHI Thane Unit has been acve, and this has only helped in its growth because of its extremely posive outlook towards the creaon of a progressive, organized, and robust real estate sector that is mutually beneficial for all its stakeholders. CREDAI’s aim is to not only increase the credibility of the real estate industry as a whole but also seeks to support and enrich the Government’s iniaves. With some of the largest developers stepping into the arena and working hand in hand with local developers, Thane is now one of the prime suburbs with some of the best projects real estate has to offer. From some of the fanciest malls to luxury housing projects complete with superior quality amenies offered by developers with a view to creang a beer lifestyle, the city of Thane is truly making great strides in real estate

From some of the fanciest malls to luxury housing projects complete with superior quality amenies offered by developers with a view to creang a beer lifestyle, the city of Thane is truly making great strides in real estate development – both residenal and commercial. CREDAI-MCHI Thane Unit is of the belief that through strategic local partnerships with the Thane Municipal Corporaon, the MMRDA, and MIDC Thane that are already doing considerable work towards building sustainable infrastructure, Thane is going to be a bourgeoning city with great potenal for growth in commerce as well as real estate development – both residenal and commercial.

CREDAI-MCHI Thane Unit is of the belief that through strategic local partnerships with the Thane Municipal Corporaon, the MMRDA, and MIDC Thane that are already doing considerable work towards building sustainable infrastructure, Thane is going to be a bourgeoning city with great potential for growth in commerce as well as real estate.

According to the experts, stakeholders or investors who had foresight and invested in Thane as close to a decade ago have enjoyed an estimated 300% growth in the last couple of years. With an increase in employment opportunies up to roughly 40% in the Mumbai Metropolitan Region (MMR), including Thane, there will be a subsequent increase in the demand for housing which in turn will only serve to ensure that real estate investments appreciate further.

Thane is a city that is ideal in terms of its locaon, connecvity to rest of Mumbai and transportaon infrastructure; it’s like a hub. There are various infrastructure projects and developments that are underway that will only increase Thane’s appeal in the near future. Some of the projects worth menoning are: • Metro Line 4 connecvity from Thane to Wadala • Proposed Metro Line 5 connecvity from Thane to Kalyan • Proposed Bullet Train Thane Staon (Mumbai - Ahmadabad) • Proposed Thane-Borivali Tunnel Road, GMLR Connecvity, Airoli - Dombivali Tunnel road via Thane, and other roadways developments.

In addion, Thane is also well connected to the various business districts such as Airoli Mindspace, Godrej IT Park Vikhroli, Powai Commercial District, GB Road (Hypercity), and Bhiwandi Industrial area. It is worth mentioning that Thane has excellent connecvity to major roads and highways, check nakas, railway and Metro staons. The city of Thane is blessed by nature with its picturesque beauty. In addion, its locaon, efficient public transportaon system and roadways make it an ideal choice for potenal homeowners and business people alike. The future prospects for Thane are certainly looking bright. What is needed to encourage this environment of growth is the foresight and mutual collaboraon of all stakeholders.

TO KNOW MORE ABOUT THANE REAL ESTATE COMPANIES VISIT REAL ESTATE THANE CREDAI MCHI THANE UNIT

Thane: A Success Story Co-Scripted By Real Estate Development

Thane has been the fastest growing urban conglomeraon in the Mumbai Metropolitan Region (MMR), and its real estate is poised for beer growth in days to come.

Thane has been the fastest growing urban conglomeraon in the Mumbai Metropolitan Region (MMR), and its real estate is poised for beer growth in days to come. The mul-faceted real estate development of Thane has been largely scripted by my fellow real estate developers, who are members of the CREDAIMCHI Thane. We are an associaon of real estate developers who work towards ensuring a structured approach to the development of Thane.

As the new President of CREDAI-MCHI Thane, I am grateful to my predecessor, IPP Shri Ajay Bhai Ashar for all the good work he has done during his tenure. I am also thankful to all our past Presidents, all of whom have blazed a path-breaking trail for CREDAI-MCHI Thane. With support from my Team and cooperaon from all members, we will work hard and take CREDAIMCHI Thane to greater heights.

Communicaon and leveraging of data to ensure proper business decisions are among the leading points which I hope to create as my legacy for CREDAI-MCHI Thane. PropStack Data has been subscribed to; we are geng informaon which cross-indexes data from the Stamp Office as also from the IGR, Maharashtra. This, when read along with trends which the data throws up, will help all of us plan for business in a structured and scienfic manner.

In Communicaon, our website is being revamped to take the message of CREDAI-MCHI Thane to all stakeholders. The logical next step is publicaon of a bi-monthly magazine, Realty Focus: Thane, which will create the much needed communicaon flow which in turn, will showcase and enhance real estate development in Thane. With limited numbers of print and mulple numbers of digital edions, this will be part of our outreach to our stakeholders.

Digital will be the driving force in our communicaon strategy, with social media coming in for special focus. WhatsApp, Facebook, Instagram, LinkedIn….we will leverage all of these to reach out to our mulple target audiences. There is so much more we can achieve, working together under the CREDAI-MCHI Thane banner, and the digital media will play a major role in this process.

We will also move to other investor hubs, where we will hold events and showcase Thane’s real estate as an investment opon. Pune, Nashik, Nagpur, Surat, Ahmedabad are among the desnaons we are looking at holding roadshows. Investors need to know why Thane real estate is the right opon, and we will take this message through our various outreaches.

There I so much to say, to share with you, dear readers, but I will stop here. The Realty Focus: Thane’s content has been curated to meet the requirements of a very diverse readership, and I look forward to your comments and reacon to the same.

In conclusion, let me share with you my thoughts on Thane: Among the fastest growing urban conglomeraons in India, Thane is a success story co-scripted by real estate development which incorporates global best pracces. An ideal investment opon, Thane is preferred by the discerning investor to create and grow wealth through the preferred asset class, real estate. The city has witnessed phenomenal growth across various economic parameters-be it high-end residenal accommodaon, highstreet retail, mulplexes, shopping malls, work spaces, office spaces, IT & ITeS spaces, logiscs spaces, entertainment spaces including auditoriums, art galleries, entertainment complexes, internaonal schools, supermarkets, healthcare services and such other developments which translate into one term: ‘real estate’.

Stunning architecture and structural stability come together in real estate development set amidst an environment which offers the verdant greenery of Yeoor Hills and the Sanjay Gandhi Naonal Park as also the azure Blue of Thane creek and the Ulhas River.

Thane has grown in sync with its infrastructure, which makes it ideal as a real estate hub poised for future growth. In this Festive season, I hope to see Thane’s real estate grow, and take firm steps towards becoming the central property hub in Mumbai and the Mumbai Metropolitan Region.

Jitendra Mehta is CMD, JVM SPACES
& President, CREDAI-MCHI Thane

TO KNOW MORE ABOUT THANE REAL ESTATE COMPANIES VISIT REAL ESTATE THANE CREDAI MCHI THANE UNIT