Top Residential Areas to Invest in Thane in 2019

Finding an affordable home in Mumbai has become a very difficult task, as the real estate market keeps growing with skyrocketing prices of apartments. Looking out for affordable housing options and well-developed infrastructure, Thane has emerged as the best region in the Mumbai Metropolitan Region for real estate investors. Thane has now become one of the most preferred locations for property investment due to the accelerated pace of India’s urbanization. Selecting the right location while investing in properties is extremely important and a crucial step. You need to consider many factors like good connectivity, spacious homes, developed infrastructure, locality, and many other things when you finalise to invest in your dream home. Top areas in Thane which are attracting home buyers nowadays because of multiple reasons are as follows.

Ghodbunder Road

The easy availability of land in Ghodbunder Road, Thane have encouraged real estate developers to launch their new upcoming residential and commercial projects in this area which usually ranges around Rs. 50-80 lakhs. Compared to the previous decades, now Ghodbunder Road is surrounded by luxurious structures, urban open spaces, infrastructure growth, great connectivity around the city, and affordable prices. The properties in Ghodbunder Road have been intended for the general population who are looking out for moderate however liveable conditions. It is easily accessible from the various markets, for example, Mira Road, Ghatkopar, and Bhandup. Speedy connectivity to Mumbai’s Eastern and Western Express Highways is another purpose behind individuals making their interest in this region. This area also offers a blend of residential properties going from mid-pay to high-paying segment. The locality is the most preferable for the individuals who usually spend much of their time traveling to Mumbai.

This area is combined with many educational institutions, well-known hospitals, hypermarkets, and numerous entertainment options.

Kalyan

Kalyan, a small town in the Thane district is also emerging as a popular destination for homebuyers. There are many reasons which have contributed to the development in this region which includes affordable housing projects and improved connectivity. The majority of the residential properties in Kalyan are located in close proximity to Kalyan railway station and business centers too. A proposed part of Mumbai University is set to be built up, which will raise the demand for rental choices in this region. When compared with Dombivli, transportation facilities here are astounding which makes commuting simpler, both by public and private methods of transport.

Asangaon

Asangaon is also considered as one of the favourable locations in Thane for many homebuyers, located on the Mumbai-Nashik Expressway. Asangaon is connected to other parts of Mumbai through suburban railways. Real estate developers with their residential projects in Asangaon are offering beautiful and spacious apartments for sale at affordable prices. This can be the best offer one can grab especially for the mid-income people to buy one such apartment and secure their future. Asangaon is soon going to be developed from a village to an industrial hub with many well-known industries located in Asangaon. Several schools, colleges, industries, retail outlets, and eateries are now part of Asangaon which is leading to the growth of real estate in this region.