Why investing in Thane is a good plan?

Thane is one of the leading suburbs of Mumbai, and has emerged as a real estate hotspot. The city has been named in the list of India's most promising cities based on excellent connectivity to surrounding areas, infrastructure, pleasant environment, proximal excursion spots, employment scope, educational, medical and entertainment avenues. Thane has been featured in the top of the list as it ticks all boxes in a promising city's checklist. The availability of these social and civic amenities has made Thane one of the most desired locations for home buyers. Investment in Thane is expected to give excellent returns to home buyers and investors.

 

 

Here are five reasons to invest in Thane:

 

• Excellent connectivity

Thane enjoys excellent connectivity to Mumbai and surrounding areas. The area is well planned with modern infrastructure and is designed to meet the needs of modern home buyers. The area is well connected to Central Mumbai, Western Suburbs and Navi Mumbai. It has a well-laid out rail and road network which connects you to Mumbai and surrounding areas, at the same time has all modern conveniences for a holistic lifestyle.

 

• Vertical Growth

A number of localities in Thane are witnessing a vertical development like Pokhran 1 and 2, Ghodbunder Road, Kholset Road, Majiwada, and Waghbil. The areas have seen development of sky-high residential and commercial towers which are extremely attractive as well as have the latest amenities and facilities.

 

• Green spaces

Thane has vast green spaces, where you can breathe in fresh air and enjoy life to the fullest.  The city has vast blue lakes and greens which make it very attractive. At the same time it has a host of amenities, and entertainment hubs which you can enjoy and still feel connected to nature. TMC Garden, flanked by Yeoor Hills and Olawekar Wadi Butterfly Garden are some of the places where you can spend hours relaxing.

 

• Capital Appreciation

There has been an increasing demand for real estate projects in Thane, due to excellent connectivity and increasing corporate presence has lead to an explosive appreciation. Some localities in Thane, including Ghodbunder Road, Pokhran Road, Kolshet Road, and Vasant Vihar, have witnessed robust capital appreciation. Property values have increased by 30-32% in the last two years alone in these areas. The rental growth in Thane West and Eastern suburbs has seen an increase of 5% y-o-y.

 

• Renowned developers are setting up projects in the area

Due to the demand for commercial and residential property, a number of leading developers have including the Lodha Group, Kalpataru Group, Hiranandani Group, and the Rustomjee Group have launched a number of landmark projects in the area. Lodha Codename Crown Jewel is one of the leading projects in Thane offering 2 BHK apartment along with various amenities.

 

Thane has emerged as a vibrant city with a number of residential and commercial projects coming up in the area. At the same time the city has retained its beauty in wide green spaces, parks, and lakes. The city’s transition from a small place next to Mumbai to an exciting city has been a rapid. The beautiful architectural residential projects in the area against a hilly and green backdrop give a soothing environment. The area has homes to meet the needs of all buyers, ranging from affordable to mid-market to super luxury. Owning a home in Thane has been a lifestyle and status symbol!