Thane has become a popular destination for property investors as it offers good returns and capital appreciation. In a wealth report compiled by Knight Frank India Limited, Thane is one of the 20 cities across the world, where people are currently looking forward to investing their wealth. Major reasons for this is the price factor. People can get bigger houses with all the modern amenities for a lesser cost than they would get in Mumbai. Other factors include superior infrastructure and overall connectivity. The proposed Metro to Thane has also pushed up demand for the place.

Areas like Ghodbunder Road, Majiwada and Kasarvadavali are in prime demand and also, the Eastern Freeway or Expressway is a prime asset realty in Thane, as it is a terminus road giving a direct access to the southern tip of Mumbai near the CST. Thane, now, is known on its own as a bustling metropolis and compliments Mumbai on many fronts.

Well-built highways and flyovers have made commuting within and around Thane an easy task. Eastern Express Highway connects the area to South Mumbai and Navi Mumbai. Latest widening of the Ghodbunder Road has enabled smooth connectivity to Dahisar and Borivali. There are also BEST buses that ply commuters from Thane to different areas of Mumbai. Thane West is within close proximity to NH-3 and NH-4.

Kasarvadavali is one of the upcoming neighbourhoods in Thane West, alongside Ghodbunder Road. The area has salient selling features like larger land parcels for developing a township, connectivity to Thane centre on one side and Dahisar on another. This area is most suitable for the gentry employed in nearby Thane-Airoli industrial areas or the upcoming business parks near Borivali. The offer per square-feet is fairly modest in a range where mid-income newcomers to Mumbai feel comfortable in investing.

Residential Projects in the Area

Metropolis: An offering by Ace Realty and Squarefoot Group, the project offers 1 BHK and 2 BHK apartments at a selling price of 52 lacs. Metropolis is located in Kasarvadavali, Thane West and provides good connectivity due to its close proximity to Godhbunder road. Metropolis consists of 4 Buildings with 7 floors each. Childrens Play Area, Indoor Games, Landscaped Garden, CCTV 24 x 7 Security are some of the key amenities the project offers its residents.

Godrej Emerald: Godrej Emerald, located in Bhayandarpada, Ghodbunder Road, Thane, offers 1.5, 2 and 3 BHK homes. Home-buyers will be able to choose from four size specifications within the 2-BHK category and from two size specifications within the 3-BHK category. The possession of this MahaRERA registered project is scheduled for 2024. Apart from basic amenities like a swimming pool, fitness centre, kids' are and a jogging track, the project plans also have provisions for a viewing gallery, a nature walk, acupressure walkway, outdoor dining area, pet area, hammock zone, martial arts area, yoga corner, box cricket area, stage cum skating room, creche area and a poolside cafe.

Parkwoods: Parkwoods, a project helmed by the Dynamix Group is strategically located in Thane, boasting of maximum connectivity, without compromising on the standard of living. The project houses a line exquisite 2BHKs, built in two towers, each with 47 stories. And reports show that the apartment density is low, indicating that there is plenty of space for each family. The project is lined with state of the art amenities and infrastructure. Residents will be treated to no hassle parking, with a four-level car park, that is already in place. The project is centred on the idea of peace and tranquillity and keeping that in mind, the residents will have open access to a wellness centre, and a yoga studio within the society complex. Apart from this, the project also offers a multipurpose sports court and a fully equipped clubhouse.