A
tremendous hike in property rates in Mumbai, have compelled buyers in need of
affordable homes to search outside the city limits. Amongst all the suburban
areas Thane is the fastest growing residential hub to buy affordable as well as
luxurious homes. In 2020 Thane is expected to gain momentum in the below given
fields and achieve popularity in the real estate market and as such
investment in property in Thane
is expected to generate good income.
- Land of residential and commercial hub
Availability
of spacious land at reasonable rates has given an opportunity to builders to
develop residential and commercial projects in Thane. Buyers can buy flats in Thane West as per their
choice and needs from reputed builders who have launched exceptionally best
residential projects offering spacious and luxurious flats with all modern
amenities required for comfortable living and good lifestyle. Apart from this
several IT firms, multinational companies and other service industries are
emerging in this location leading to availability of multiple employment
opportunities. As this industrial hub is progressing at a great speed there are
all possibilities of the coming up of an international hub in Thane in near
future.
- Exceptional
connectivity and infrastructure
The
well-developed Ghodbunder Road, JVLR, SCLR, Mumbai-Nashik Highway,
Thane-Belapur Road have good connectivity between Thane and Eastern and Western
suburbs of Mumbai and also Navi Mumbai. Similarly, the Central Railway, the
Central Harbour Rail Line, Thane- Panvel Rail Line also have the best
connectivity between Thane and Mumbai's railway network. In future the upcoming
metro rail that will run along the Ghodbunder road will have many halts within
Thane. The metro will also reduce the travel time between Thane and Wadala to a
great extent. Further infrastructural developments are also expected i.e.
construction of metro-3 project to Kalyan and Mira-Bhayander areas, Thane-Diva
Road etc. All these future developments are sure to create a positive impact on
the real estate market encouraging more buyers to invest in new projects in Thane.
- Boost
retail, eco-tourism and hospitality sectors.
In the
coming years a great progress is expected in the retail sector as several more
shopping centres and ultra-modern shopping plazas are under construction.
TMC has taken effective steps to bring about afforestation to encourage
eco-tourism and hospitality sector. For which an eco-friendly picnic spot in
Yeoor has been proposed by the TMC and along with Sanjay Gandhi National Park
the TMC has taken an initiative to open a botanical & zoological park in
the Ghodbunder area of Thane. Along with these rapid development initiatives
have also been taken to transform Thane into a 'green city' and purchasing ready possession flats in Thane for
a peaceful living is a wise decision.
- High
scope of capital appreciation of property
With
the future infrastructural development, progress in retail and other important
sectors, outstanding connectivity etc. buying flats in Thane guarantees high scope of capital appreciation.
Investing
in the upcoming projects in Thane
for good returns in the long run or buying 2bhk flats in Thane is the best property investment in 2020.
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