Real Estate esteemed to be a high investment option in Thane, this summer.

To enjoy a comfortable, peaceful and relaxed life owning an apartment in Thane is the best option. Due to excellent connectivity, improved accessibility, well developed infrastructure, abundant lush greenery and noise and pollution free environment, Thane is considered to be a preferred residential hub to buy luxurious and affordable homes.

The ever-increasing property rates in Mumbai and the search for affordable homes with all necessary amenities has attracted buyers to invest in existing as well as new projects in Thane launched by reputed developers. To ease up your tensions and live in tranquility with your near and dear ones residing in comfortable houses in the following locations in Thane is an ideal decision.

●      Ghodbunder road

Having possession of 2 bhk flats in Thane in Ghodbunder road is a great investment for an investor and a buyer who plans to reside. Because of the Western and Eastern Express Highway travel from Thane to Mumbai is an easy task. As abundant land is available at reasonable rates you can find many upcoming projects in Thane in Ghodbunder road and also several industries, IT firms, multinational companies that have created many job vacancies. Availability of well-planned homes at a lesser rates in comparison to Mumbai Suburbs, proximity to important places like educational institutions, hospitals, entertainment zones, shopping plazas, workplace etc. and easy accessibility has encouraged more and more buyers to invest in this location that is definitely going to gain huge profits in the long run. 

●      Kalyan

With good transportation facilities via roadways and railways, improved infrastructure, location of factories, industries and other firms Kalyan is regarded as an affordable residential destination and an home to people belonging to middle income groups. Most of the residential projects are launched close to the station and you can find schools, colleges, hospitals, shopping markets and other important places within the vicinity. Thus, buying flats in Thane in Kalyan area at a reasonable price is a profitable investment. 

●      Asangaon

Interested in buying property in Thane at a lower rate Asangaon region is the right choice. Here you can get well planned homes within your budget. Improved roadways and Suburban railways have made travelling from Asangaon to Mumbai and other parts of the State easier and convenient. Many industries, hotels, hospitals, schools, supermarkets etc. are also located here. Because of all these developments and demand for affordable homes several residential projects have come up in this area leading to positive growth in the real estate market. 

Having luxurious or affordable flats in Thane West or East especially in the above areas will help you to achieve your dream of living in serenity, in a calm, pollution free environment, enjoying all the modern amenities provided and living a blissful life.

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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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Advantages of owning ready possession flats in Mumbai

When you go looking for residential apartments in Mumbai, you have two options available. One is to purchase a ready to move-in flats or to go for under-construction flats. There is always a raging debate about the merits and demerits of each. The truth is both these forms of properties have advantages and disadvantages and really depends on your spending capacity and choice which one you choose.

Under construction is a bit of risky investment because, a lot of times construction can get stalled due the legal problems with the builders, lack of funds and lot of other things. There can also be a delay in possession which can lead to delay in loan payments and so on.

When you purchase ready possession flats in Mumbai, the biggest advantage you have is that you get what you see. Under-construction flats can be bit of a surprise when they’re completed. But there are a few cons to purchasing ready possession flats too.

Here’s exploring both the pros and cons of purchasing ready possession flats in Mumbai

Pros:

1.   Available immediately: When you purchase ready to move in flats you have the liberty of choosing when and how you want to move it. You don’t need to wait for it to be ready. There are also no surprises as to the fittings, the quality of work and construction because you get what you see.

2.    No legal difficulties: Since the flats are ready and the construction is complete, one can check that all legal requirements like the occupancy certificate, completion certificate and land titles are all in order. This also makes it easier to get your loans approved swiftly.

3.    Save of tax: You don’t have to pay a service tax when you purchase Ready Possession Flats in Mumbai. This is a big save since the amount can go into lakhs easily.

Cons:

1.    Expensive: Ready to move in flats are much more expensive than under construction flats.  There is also no flexibility in payment plans and you have to pay the down payment, the registration charges and stamp duty all in one go.

2.   Limited scope for modification: You can obviously renovate your flat after purchase, but when you compare it with under-construction flats the scope is quite limited.

3.  Limited choice: The real estate market is always booming in Mumbai and so there aren’t always ample choices for everyone. Property sells like hot cakes here and you need to be swift in your decision making if you want the flat you like.