About the area

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.

About the project

Tokyo Bay, a project by Puranik builders, located off the New DP road in Thane West is offering Japanese style homes inspired by the Zen philosophy. The project is offering 1, 1.5 and 2 BHK homes and is coming up in two parts, namely – Tokyo Bay 1 and Tokyo Bay 2. The construction is being done in a phased manner. The project is RERA approved and shall commence possession from October 2022.

The project does not stand a great deal in terms of location and offers basic amenities. It is located at a distance of more than 2kms from the Ghodbunder road, from where you get access to every need. The advantage of this project would be the price band at which the houses are being offered along with natural landscape views.

Transport and Connectivity

The project is located in the interiors; hence, the approach to the main Ghodbunder road takes some time. The location is about 11kms and 16kms from the Eastern expressway and Western expressway respectively.

The location is also at a distance of 14kms from Thane Railway Station. Future connectivity plans include the proposed metro rail that would run along the Ghodbunder Road.

Education and Employment Opportunities

The area offers schooling options nearby. The closest one being the Dnyanganga School at a distance of 600 metres, offering the ICSE curriculum.

Not many offices are located near but economic analysts suggest an estimated 40% an increase of employment opportunities in the Mumbai Metropolitan Region (MMR), including Thane. Such a predicted hike in jobs would entail a major increase in the demand for housing and subsequently could generate further capital appreciation for real estate investments in Thane.

Hospitals and Healthcare

Nearest hospitals to the project are at a distance of about 2 to 4 kms. They include, Vedant Hospital, Hiranandani Hospital, Shree Ram Hospital and Kevalaya Hospital.

Shopping and Entertainment

The closest supermarket to the site is Hypercity, which is at a distance of 2.5kms.