Wednesday, 11 March 2020

Investing in properties in Thane this 2020 – here’s what you can expect


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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