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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Luxury Projects in Thane – How you should be investing

Property in Thane, is the best investment you can make right now. Mumbai real estate has long past reached its saturation point, but Thane is a suburb that still has a lot to offer. With great projects, townships, commercial property and even great infrastructure, Thane is THE place to be right now.

You can buy 2 BHK flats in Thane for the price of a 1 BHK in Mumbai. The price is of the main selling points of property in Thane. Property prices are too high in Mumbai, and owning a flat here is expensive and not for everyone. Thane however, offers affordable housing, making it more attainable.

Most of the projects in Thane are also luxury projects. You can get 3 BHK flats in Thane in luxury projects for far more affordable prices than in Mumbai. But buying a luxury flat anywhere needs some amount of research. So here are three things that you should make sure property in Thane has, to ensure that it is luxury.

1.       Amenities: This is something that is hard to come by, especially when it comes to projects in Mumbai, but projects in Thane, having more space can offer you a lot more. Projects in Thane, that are tagged as luxury must provide buyers with amenities like a full sized swimming pool, a gym and covered parking for all residents. Additionally, you can also expect amenities like private elevators, automobile elevators, round the clock security, a butler service, and even a private restaurant and clubhouse.

2.       Space: Being a city in itself, space is hard to come by even in Thane, but if you are investing in luxury flats in Thane then you should get a space of your own, that is only yours. These flats need a more open floor plan and should allow residents option of customizing everything in their home. One can expect to find balconies, indoor private pools in the flat, private elevators, separate service rooms for the help, walk-in closets and extra storage and so on.

3.       Location: Location is also of key importance, especially when it comes to luxury projects in Thane. When you pay the amount you pay for these projects, you should all that you can need at your fingertips. Areas with good schools, colleges, hospitals, day care facilities, good commercial organizations and entertainment facilities are the best areas to invest in, in Thane.

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Five things you can only expect to find in a property in Thane

Property in Thane is all the rage right now, and rightly so. Thane is a suburb a little outside of Mumbai and it is coming up with great speed. Property rates in Mumbai may be sky high, but property in Thane is still affordable and also luxurious at the same time. This is something that is very tough to find a city like Mumbai.

2 or 3 BHK flats in Thane can be bought the price of 1 BHK flats in the plush suburbs of Mumbai. Investing in property here is a good idea because this area is coming up fast in terms of commercial projects and also residential projects.

So, what can you expect to get when you invest in projects in Thane? Here’s a small list.   

1.       Ample space for you and your family: Luxury flats in Thane are much more open and spacious than those in Mumbai. You no longer have to put your two kids in one room because you can buy a luxury 3 BHK flats in Thane for the price of 1 or 2 BHK in Mumbai. Luxury flats also have amenities like huge walk in closets, pantries, balconies, patios and so on.

2.       Luxury flats you can actually afford: Property rates are horrendously high in Mumbai. But this is not a problem for upcoming residential projects in Thane. Even though this growing suburb is so close to Mumbai, the real estate prices are much more reasonable here. Being in their natal stages, you can find 2, 3 or even 4 BHK luxury apartments in Thane for a very reasonable price.

3.       A space for everything: No just in your flat but property in Thane also promises you outdoor space as well. Luxury properties have clubhouses, golf courses, tennis and basketball courts and so many outdoor facilities where you can spend your time. They also have gardens and play areas for children. What more can you ask for.

4.       Built to last: Not just in design, but projects in Thane are also superior in terms of build quality. The top builders in the country have upcoming residential projects in Thane and you can rest assured that everything that goes into the building of this property is of the best quality possible.

5.       Everything your need is here: Upcoming residential projects in Thane offer all the amenities and facilities you can ask for. You can find a number of good schools, colleges, hospitals, day-care and even clubs, health centres, restaurants and pubs in this upcoming suburb.

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Know how projects in Thane are popular amongst investors

Mumbai is the most popular city in India. As a result of this, people from all over the country come here to settle, work and basically fulfil all their dreams. Since there are so many people living in Mumbai it’s only natural that this city of dreams will become cramped for space and that is the reason that a lot of people today are turning to Thane for good living spaces.

Property in Thane is a bit cheaper than in Mumbai. There is a lot more space available there and so the Flats in Thane are also more spacious than those in Mumbai. Wide open spaces, ample recreational opportunities and tranquil life are some that builders in Thane offer to their potential customers. If you too are done with the cramped living in Mumbai, there here are some reasons that will entice you to consider moving to Thane.

1. Ample space: The one thing we miss living in Mumbai is spacious houses and more importantly ample open spaces. Space is not an issue for those living in Thane. Projects in Thane promise come with a promise of ample space, green out doors and fresh air so you don’t have to drive out of the city for a breath of fresh air every weekend.

2.   Reasonable prices: Real estate in Mumbai is one of the most expensive in the world. For the price of a 1RK in Mumbai you can easily get a 2 BHK Flats in Thane. Even though Thane is so close to Mumbai, the real estate prices are much more reasonable here.

3.   Easy commute: If you work in Mumbai and that is your number one reason for living here, even then Thane has got you covered. With multiple projects underway to improve the road connectivity and also new metro lines coming up, commuting from Thane to Mumbai is going to easier than ever before.

4.   Peace and quiet: No matter where you go in Mumbai, you’re always surrounded by traffic both vehicular and human. Thane doesn’t have the same problem as yet. Being close to Mumbai this suburb has ample entertainment and recreational opportunities available and yet you will find that you can enjoy it without have to fight a crowd every time you step out.

5.    Good amenities: As the number of new construction in Thane increases so do the amenities. You can find a number of good schools, colleges, hospitals, day-care and even clubs, health centers and so on here.

All these things together prove that Thane is in fact a great place to live in right now.