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A Promising Rise in Thane - Navi Mumbai Realty Market

Thane enjoys some tremendous changes in their infrastructure with excellent connectivity to Navi Mumbai as well as to the Eastern and Western Suburbs of Mumbai via Ghodbunder Road, JVLR, SCLR, Eastern Freeway, NH 8, Mumbai-Nashik Highway and the Thane-Belapur Road. Besides, the Central Harbour Rail Line, Thane-Panvel Rail Line, and Central Railways connect Thane to Mumbai railway network. Property prices in Thane are witnessing a huge hike because of its proximity to nature and fast pace of development which recently the Government has proposed to enhance connectivity. The real estate market in Thane and Navi Mumbai is faring superior compared to the unlively deals in Mumbai city. Additionally, property costs developed in Thane have increased, while they have plunged in certain regions in Mumbai.

The future of the real estate market in Thane- Navi Mumbai is evolving and changing continuously. Thane has become the happening real estate spot in today’s scenario. Thane is also witnessing economic growth in the form of commercial realty as well resulting in the city gaining more attraction from investors. While many areas in Navi Mumbai like Panvel is also making their presence as an emerging hub of real estate of the future. According to the latest study, yearly sales of properties in Thane and Navi Mumbai have increased by 30% due to rapid infrastructure development, decrease in tax under revised GST and improved supply of affordable and preferred housing unit by developers.

Affordable housing is the new buzz among real estate categories. From luxury real estate destination like Thane to Thane’s plush residential projects including studio apartments and unique luxury home, real estate market in Thane and Navi Mumbai is increasing day by day. This story is being scripted with a huge number of infrastructure projects like Mumbai Trans-harbor interface, the Navi Mumbai International Airport, Metros and CSMT-Panvel fast track railroad linkages, with expressways, freeways, and waterways to make every day drive a breeze. The new RORO all-climate craft will viably expand South Mumbai over the harbor to Alibaug, making another business and socio-cultural center in South Mumbai.

Thane becomes the ideal choice for home buyers nowadays as Thane tops the league in terms of commercial, residential and retail spaces with all modern amenities with the correct mix of socio-civic infrastructure enriching the quality of life which you will live. On the other side, Panvel in Navi Mumbai is also emerging as the perfect office location for Indian companies and also offers affordable residential options with aspiration-based lifestyle. Thane and Navi Mumbai’s real estate will continue to grow and evolve gaining confidence among property buyers.

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