Several factors have played a crucial role in Thane's real estate boom. Firstly, Maharashtra’s state government is attempting to introduce significant changes to the regional infrastructure. Some of these brilliant infrastructure projects include the construction of highways and a metro railway line. The second factor is Thane’s affordability factor, which is much more competitive compared to Mumbai, making it a desirable location for homebuyers looking for value homes at lower prices.
Top Locations In Thane To Invest In Investing in the right place is what you need to achieve the greatest return on your investment. Thane is a complex city in terms of layout, which offers numerous areas for different needs and cost ranges. Here's a breakdown of some of the most promising locations to consider: 1. Balkum Pada Balkum Pada is perfect for those who wish to live lavishly. Luxury residential projects such as Piramal Vaikunth are located here, featuring a host of luxury facilities and an exhilarating ambience. The area's main advantages are its rapid development and closeness to industrial areas like Manpada and Kolshet. Balkum boasts excellent connectivity. The Eastern Expressway is 1.5 km away, linking it to BKC, South Mumbai, and Chhatrapati Shivaji International Airport. The Thane railway station is in close proximity to the city, and a metro station is under construction for passengers' convenience. Expected property prices are around ₹12,456 per square foot in Balkum Pada. 2. Manpada Manpada has emerged as a prime upcoming residential location in the northern part of Thane. This locality is well-connected to Mumbai via major roads: National Highway 48, Eastern Highway, and Ghodbunder Road. With the proposed extension of the metro line, Manpada will benefit from increased connectivity, which will demonstrate its potential as a flourishing investment centre. It will also be in close proximity to prominent IT parks and the Kolshet Industrial area, meaning you get prime access to big malls, prestigious hospitals and some of the state's best schools, such as Siddhivinayak Hospital and Ryan International School. Offering an urban lifestyle and a work-life balance, at about Rs. 14,940 per square foot on average, Manpada makes it possible for you to find new flats in Mumbai. 3. Anand Nagar Anand Nagar has a distinct advantage—its transition from an industrial area to a prosperous residential locality is remarkable. It will be home to the latest real estate projects at affordable prices among similar regions in the MMA (Mumbai Metropolitan Area). Mumbai's suburban area has Anand Nagar, which is well connected to the industrial hubs of Uran, Navi Mumbai, Kalyan, and Panvel through its travel network. Local residents visit shopping malls like Shreeji Centre Mall and The Don Bosco High School for their shopping needs. Prepare yourself for a pocket-friendly solution, as the average property rate is only ₹9,393 per sq. ft. 4. Kolshet Road Kolshet Road has a lot of potential for real estate developments. Developers and other prominent real estate firms establish their residential projects, so it will be common to see a housing project in the near future. The existing infrastructure includes the top education institutes, such as Amber International School and Blossom English High School, and healthcare facilities, like Highland Super Specialty Hospital. If you’re searching for affordable 1 BHK flats in Mumbai, the average sale price is around ₹12,631/sq. feet in this area, which will increase along with the development. Investing in this area from the start could be beneficial. 5. Waghbil Waghbil, a small area in Thane West, is rapidly evolving from a neglected town to a real estate hotspot. This region has good connectivity: the nearest railway station is Thane railway station, and the bus stop is Waghbil Naka. The newly planned metro line 4 will add to the convenience of getting from one point to the other. The average property rate is ₹10,743 per sq. feet, which is a good deal for those seeking affordability and accessibility. 6. Pokharan Road 1 & 2 With the growing need for housing in the city, Pokharan Road 1 & 2 has become a new real estate hotspot in Thane. Many renowned developers have invested in their projects in this area, generalising it as an attractive place for potential buyers. People can easily access Upvan Lake and Yeoor Hills and not only see the scenic beauty but also breathe fresh air. Current land prices in Pokharan Road stand at ₹14,669 per sqft on average. Ready to Invest in Thane? Thane real estate is a multi-tenant market with something for everyone. Whether you want a luxurious life in Balkum Pada or a budget-friendly place in Anand Nagar, this growing city is for all. Excellent infrastructure projects are there, and Thane properties are more affordable than the ones in Mumbai. This opportunity shouldn’t be missed. Are you seeking a 1 BHK flat in Mumbai? Look into Kolshet Road, an emerging location where prices are reasonable. For people who love scenic views and a lively community, Vihang Capital Thane, close to Pokharan Road, might be an appealing option. Do not miss out on the dramatic events of Thane's residential property history. Look at the zones that best meet your necessities and budget, and then take the first step in buying your dream home in this vibrant city.
0 Comments
Your comment will be posted after it is approved.
Leave a Reply. |
|