Mumbai is left with only limited space for expansion, therefore has very few property locations to fulfill the requirements of modern home buyers. Thane, on the other hand, is evolving as one of the locations that perfectly suits the modern home buyers requirements. One of the few reasons why thane has now become the preferred real estate location is that it has an abundance of greenery, open area, and clean air. Experts predict that Thane is all set to experience exponential growth in the near future. Over the years, Thane has evolved with social and cultural infrastructure. The number of retail and commercial spaces have also increased in this region which is helping Thane steadily move towards a self-sufficiency model.
Thane has turned into an affordable and favoured realty market, contributing to the constant improvement in the infrastructure. Thane has standard water and power supply. It has one of the biggest shopping centers in the district and is additionally seeing a blast in the business fragment also. This is the best time to purchase a property in Thane, as everything that a purchaser needs is set up. Back to back flyovers and major infrastructural improvements guarantee consistent network. A forthcoming metro railroad line will further upgrade this availability. This metro line is anticipated to cut the present travel time in half and assume an essential rise in the region`s property appreciation in the coming years.
Factors encouraging home buyers and investors to invest in property in Thane are:
- Development of new roads and flyovers.
- Astounding network by railways and road to different areas of Mumbai.
- The rise of new business center points.
- Proactive government approaches that emphasis on the development of the city.
- Presence of enormous shopping centers and multiplexes like Viviana, Korum, Cinemax and Lake City Mall.
- Renowned schools and universities are accessible in the region.
- Amusement parks, great clubs, eateries, and resorts for enjoyment and relaxation.
- Thane is shortlisted under the smart city mission.
- Parallel roads from Thane to Kalyan along the metro line.
- The Metro-3 project to Kalyan and Mira-Bhayander areas.
Home buyers prefer Thane as their next home destination as it is easily accessible and has moderate to high potential of growth in the future. Thane has superb infrastructure connecting many highways, expressways and well-planned commercial and residential towers. It is also in close vicinity of many shopping malls, good hospital, and renowned educational institutes. From high-end property buyers to budget-conscious buyers, Thane has now become the go-to destination for a cost-effective real estate investment.