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 reason 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.
Popular Projects in the Region
Courtyard: The project by Narang Realty and the Wadhwa Group spans across 7 acres in Pokhran Road 2 , Thane West. The project offers homebuyers a selection of premium 2BHK and 3BHK residences to choose from at a starting price of 1.26 crores. Courtyard has dedicated 24,000 sqft. clubhouse with top class amenities for its residents. Lawn Area, Party Area, 400m Jogging Track, Amphitheatre, Tree House, 30m Pool Adult Swimming Pool, Kids' Pool, Football Turf, Skating Bowl, Reflexology Path, Yoga Zone, Concierge are some of the key amenities provided by the project.
Flamingo: Hiranandani is a brand which has survived many hardships in the Indian realty, and it is known for its soaring high quality and standard of elegance. The group's project Flamingo located in Hiranandani Estate offers homebuyers 2 BHK apartments at a starting price of 1.78 crore. Flamingo is conveniently located at Thane to provide unmatched connectivity from all the important landmarks and places of everyday utility such as various well-known hospitals, educational institutions, departmental stores, commercial shops, 24x7 pharmacy, parks, banks & ATMs, entertainment spots, recreational centres and so on.
Kalpataru Park City: Located in Kolshet Road, Thane West, this project offers 1, 2 and 3 BHK homes, starting from 75 lakhs. Spread across acres of green with breathtaking views of the Grand Central Park, these beautifully-designed living spaces come equipped with world-class amenities that offer you the highest standards of living. Kalpataru Park City is well connected to all important landmarks of the city with the Western Suburbs - 30 min via Ghodbunder Road, International Airport - 55 min via JVLR (Jogeshwari Vikroli Link Road), BKC (Bandra-Kurla Complex) - 40 min via SCLR (Santacruz-Chembur Link Road). The project has an array of amenities for its residents to unwind after a hard day's work.