Talk about connectivity in Mumbai today and Thane definitely stands out! Blessed with excellent connectedness to major parts of Mumbai, let’s look at some of the top advantages to invest in new property in Thane! With metro in the pipeline, travel between Wadala and Thane will reduce to half, also enhancing services between Thane and Kalyan, Mira-Bhayander. National Highways 3 & 4 already connect Thane West to other parts of Mumbai. Other infrastructural game changers will be the Thane-Dive Road and Bhiwandi bypass Flyover. The satellite city ‘Ghodbunder Road’ is a major network lifeline for Thane, connecting both Western and Eastern Express Highways.
Making Thane one of the top places to invest in India, it goes without saying that the widespread infrastructure development with its existing and upcoming connectivity will spark an increasing demand for New Residential Projects in Thane. The demand for premium housing has been observed to be growing over recent years wherein Thane has developed from a small town to a well-built metropolis and its rapid infrastructural development is making it the first choice for homebuyers, both families and investors. It has also been observed that affordable pricing has been the main deciding factor for such growth.
Thane is also becoming a thriving commercial hub with several business zones, IT parks and shopping malls. New residential projects in Thane are cashing in on available social infrastructure, commercial growth and higher employment opportunities in the Thane. Apart from this, TDR and favourable policies of the Government along with the ongoing infrastructure development, has attracted the most prominent real estate developers. In terms of health, education as well as entertainment facilities, Thane offers ample social infrastructure opportunities. Speaking of greenery, Thane is well known for its picturesque landscape abundant with natural attractions. The City of Lakes and has a total of 33 lakes apart from famous recreation spots like Sanjay Gandhi Park, Kanheri Caves, the TMC Garden surrounded by Yeoor Hills, Suraj Water Park and the Ovalekar Wadi Butterfly Garden.
Thane is rapidly becoming an investors’ delight due to the phenomenal rate of return on investments in real estate. Price trends clearly indicate a considerable 30% over the last two years. The city has successfully catered to customer needs in terms of Luxury Projects in Thane with top-notch amenities, including that for integrated townships.
Thane also attracts investments from Multinational Real Estate companies. Risland, a Hong Kong based multinational real estate conglomerate which has its developments in many countries like United States, New Zealand, Thailand, India, Indonesia, etc., has launched The Icon, the first FDI Project in Thane. The Icon by Risland India is a unique residential development offering hi-tech living standards. Spreading over 6.88 acres of land, The Icon provides a new perspective about luxury living and sets a class apart amongst all Luxury Projects in Thane West. The Icon Thane offers 2 & 3 BHK luxurious & Intelligent Homes with Smart Home features.
With such unique hi tech projects coming in Thane, Thane has no doubt become the most sought after destination for investment in real estate. There has been a major increase in demand for housing in the city and in the near future it’s predicted to increase further. A ‘Smart City’ in the making, Thane offers dependability which is why investing here is doubtlessly a wise decision!