Why Are More Young People Turning Towards Buying A Property In Thane?

Thane is fast scoring over other parts of the Mumbai Metropolitan Region (MMR), by becoming a sought-after region among young home buyers. But why is Thane more successful than other places in and around Mumbai? What are the specific things that attract young people and millennials to various properties in Thane?

All the factors encouraging young people to buy a residential property in Thane include:

Affordable Smaller Homes

As someone who has recently started a new family or a single, working person, getting the right value for money for every investment is of prime importance. And when it comes to making one of the most significant investments of life, buying a home, they look at affordable homes that have the best of amenities and features. That’s the biggest reason why people prefer living in Thane. Various residential properties in Thane are available at unbelievable prices and offer world-class amenities to make lives easier. For instance, our Raunak Urban Centre offers 1 & 2 BHK homes with spacious living area, kitchen and bedrooms with a sundeck in every room and exquisite installations, everything starting from 42 lacs. These are the kind of deals young people crave, that properties in Thane provide.

Modern Living Availability

New-age home seekers aren’t only interested in stunning and affordable homes. One of the biggest driving factors for them are all the amenities and facilities that add value to their lives. Young home-hunters are willing to pay a little extra for added features and modern amenities as well. There are countless residential properties in Thane that come as a package deal with all the essential amenities like modular kitchen, extra spaces, balcony, sundeck, etc. Properties in Thane by several builders come with add-ons like a fully-equipped gymnasium, amphitheatre, indoor games room, sports arenas like cricket and badminton courts, multipurpose halls, library and much more. And that’s what attracts young investors even more to the latest projects in this part of MMR.

Prime Areas To Access “Life”

Young people have a very distinct definition of “life.” Socialising and living a life full of fun options are some things that matter and keep them going. A perfect life is when a home of their dreams comes with easy access to all the things that make their lives livelier. Malls, theatres, restaurants and cafes, shopping options, entertainment options and other social infrastructure options are easily available and accessible in and around Thane. The proximity of some of the best malls of the city like Viviana Mall, Korum Mall, R Mall and others allow people to have a quick break from their daily schedule and enjoy a good meal, movie or shopping spree. This, combined with other factors, make Thane an ideal place to live happily at.

Quick Rejuvenation Options (Calming Views, Leisure & Entertainment Options)

Imagine living in the lap of nature while all the essentials are near you. That’s where Thane provides an advantage. Thane and places around offer spectacular de-stressing options at short distances that help youngsters to take quick breaks from their otherwise hectic work-life. Firstly, countless homes in Thane are either lake-facing or mountain-facing. All the homes experience some kind of natural beauty that is enough to take a little stress away every day and soothe the senses. And when it comes to exploring the outdoors, Thane is well-connected with the gems of nature like Talao Pali Lake, Sanjay Gandhi National Park, Gavli Dev Waterfall & Bird Sanctuary, Kachrali Lake, Yeoor Hills and several other lakes, waterfalls, gardens and natural hubs. This makes Thane a favourite place to live for the young crowd that prefers exploring and rejuvenating with nature from time to time.

Good Connectivity To Business Hubs

Before buying a property in Thane, young homebuyers look for the distance between their potential home and workplace. Any residential property located in proximity to commercial and business hubs makes it a favourable choice for new-age buyers today. Thane is an optimum mix of commercial and residential properties. The major commercial hubs like BKC, Lower Parel, Powai and Andheri East and the industrial sites of Navi Mumbai are located within a drive of 60 minutes from the centre of Thane. Many information technology (IT) companies have also shifted their offices to Thane and this is turning the city into a service and tech hub. Moreover, Bhiwandi, Kalyan and newer pockets in Thane are emerging as important commercial and industrial hubs. And we all know, nothing is better than living at a short distance from the workplace in and around Mumbai.

Overall Convenient Commuting

If you think that Thane is secluded and disconnected from the rest of the city, you are sadly mistaken. Thane and neighbouring places are hardly a few minutes or an hour away from major places in Mumbai. Thane enjoys superb connectivity to Navi Mumbai as well as to the central, eastern and western suburbs of Mumbai via Ghodbunder Road, JVLR, SCLR, Eastern Freeway, NH-8 Highway, 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`s railway network. Future connectivity plans include the proposed metro rail that would run along the Ghodbunder Road with more than 10 halts within Thane itself. All these connectivity options ensure that people can easily travel to the main city and other places on the outskirts, something that young people highly prefer.

Trustworthy & Socially Present Builders

One thing about young homebuyers is that they prefer buying a residential property in Thane by one of the reputed names because these names have positioned themselves as brands that understand individual needs and provide the best lifestyle for all kinds of expectations. Young people turn to brands with a strong social media presence, even real estate companies. A strong and positive social media presence is also a trusting factor for young people and millennials, and that controls their overall home buying behaviour. They usually like to do their own research first, then contact an agent. So any real estate builder or company with an outstanding social presence and reputation for making good homes is successful in Thane. And in recent times, various well-known developers have all started projects in this region, resulting in more crowds living in and around Thane.

A balanced life that has highly functional homes, options for a social and entertaining life, easy accessibility to places and stunning views at most places – that’s exactly what Thane provides. And that’s exactly what new-age property buyers want. This is the reason why Thane is flocked with young homeowners.


October 11th, 2021