Wednesday 1 May 2019

Investing in upcoming projects in Thane, now easy!


Introduction

The Mumbai Metropolitan Region (MMR) has recently witnessed fast-paced infrastructure developments, in terms of highways, roadways, railways and metro lines. Primarily aimed at boosting connectivity, these have also changed the game for  real estate. In addition, rising urbanization, newer business districts have led suburban localities, such as Thane to become "realty hotspots". With numerous new projects in Thane, there are a host of upcoming affordable housing options.

About Thane

In addition to being an emerging micro-pocket, Thane is a thriving Smart City, which has contributed it to feature among the Top 20 districts in the world.

Segregated into east and west counterparts, the latter is regarded to be relatively more affordable in terms of housing. With that being said, investing in flats in thane west is worthwhile.

The premise behind investing in emerging and upcoming sub-markets

Investing in property in Thane, an emerging sub-market, provides higher growth and returns potential compared to their saturated counterparts.

Why Thane

Apart from being a smart city, there are additional reasons that make this one worth looking at.

Connectivity
Its strategic location enables seamless connectivity to neighboring suburbs such as Mulund, Kalyan, Dombivali, Bhandup, Vikhroli, and Ghatkopar and to the domestic and international airports. In addition, the Eastern Express Highway is a cherry on top as this opens accessibility to South and Western Mumbai.

The future is definitely bright, at least in terms of connectivity. This is evident from the upcoming 6-lane tunnel between Borivali and Thane, a direct access route to western suburbs.

These developments, among others, make it highly beneficial to invest in flats in Thane.

Employment
Speaking of new and emerging business districts, Thane has proved to be a very attractive location for corporations. Housing reputed companies such as Syntel, Clariant Chemicals and Navnit Motors, Thane is among the top localities for job seekers.

The commercial aspect has seen a greater number of ready possession flats in thane as people seek to beat the traffic by living within reach.

Social Infrastructure
The serene and picturesque botanical gardens, amusement parks, well-renowned schools, upcoming shopping malls, and entertainment arcades make for Thane's strong social infrastructure. To add to this is the Mumbai University campus's Thane branch. With that being said, 2 bhk flats in thane are not only attractive for employees, but also to the student community.

Takeaway
The aforementioned factors have paved the way for numerous upcoming projects in Thane.

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