Hon'ble Prime Minister of India, Shri Narendra Modi has announced to develop 100 cities into smart cities. Thane is one of them. The concept of smart cities will ensure that the urban sector gets a complete transformation leading to an increase in investments in the real estate sector. According to many prominent property consultants in Thane, this surge will witness remarkable changes in the city.
Why invest in Thane?
In the past few years, Thane has seen a consistent rise in the number of highways, metro projects and flyovers that has boosted the connectivity of the area.
The commercial hub of Thane has seen a boom in recent years due to a number of hotspots coming up that includes business zones, IT parks and shopping malls. The advent of state of the art infrastructure, increased employment and a growing scale of opportunities in the area have led to an increase in the number of housing projects. The rise of 2 and 3 BHK flats in Thane is also an indication of the housing properties getting popular in the city of Thane.
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Some of the Best Companies operating in Thane
Thane offers a load of public infrastructure for families, predominantly in the area of health and education institutions. Property in Thane enjoys a host of hotspots such as Horizon and Hiranandani Hospital, Rustomjee Cambridge International School, Vasant Vihar School and colleges like Bedekar Institute of Management and P. Shah Institute of Technology.
Thane has a magnificent landscape with ample natural vegetation and various other attractions. Thane is famously termed as the City of Lakes with a combined total of 33 lakes. Some of the famous spots for recreational activities are Sanjay Gandhi Park, Kanheri Caves, Masuda Lake and the Kelwa beach.
Few other prominent spots in and around Thane are the TMC Garden enclosed by Yeoor Hills, an environment lover’s haven, as is the beautiful Ovalekar Wadi Butterfly Garden. Places like Majiwada and Kolshet Road have calm and peaceful surroundings that are worth visiting. Some of the best property in Thane includes areas such as Kapurbawd, Manpada and Balkum.
Top Locations to Invest in Thane
Ghodbunder Road is quickly evolving as a premium real estate area in Thane. The location is a combination of budget and luxury housing projects with all the world-class facilities. The Ghodbunder Road runs from Borivali in Mumbai to Thane. Nearly 20 km. it connects the Western and Eastern Express Highways and is reachable from various marketplaces like Mira Road, Ghatkopar, Milind and Bhandup.
Kalyan, a compact town in the Thane district is an upcoming location for investors. A number of factors have contributed to the expansion of this area that contains budget housing projects and enhanced accessibility according to major real estate consultants in Thane. The popular residential projects in Kalyan are situated near Kalyan railway station and business hotspots. A future section of Mumbai University is set to be constructed that will increase the demand for rental properties in this area. When equated with Dombivli, conveyance amenities here are quite useful in shortening commute time, by both public and personal vehicles.
Asangaon is regarded as one of the most preferred areas in Thane for many home seekers, situated on the Mumbai-Nashik Expressway. The area is linked to various other parts of Mumbai via suburban railways. Many real estate builders have come up with their housing developments and are offering attractive and spacious flats for sale at competitive rates.
Middle-income households can grab this awesome opportunity to own a home by grabbing this fantastic deal. Asangaon is all planned to be established from a rural area to a trading centre with countless famous industries situated in the area. Various educational institutes, businesses, trade centres, and restaurants are now part of the area that has become a primary reason for the growth of the real estate sector here.
Talking about the services provided in the field of recreational activities Thane boasts of some of the largest malls in the town such as the R Mall, Viviana Mall, Korum Mall and Cosmos Mall.
Thane is known for its scenic landscapes and picturesque lakes. The city has many amusement parks, botanical gardens and lake-side walkways for its residents. Further, Thane's prominent location, ample options for public conveyance and multi-lane streets have certainly made it a feasible choice for both, residential and commercial investors.