Godrej Emerald - Best Investment Destination In Thane

by Arpita Srivastava Digital Marketing Strategist at Godrej Properties

Godrej Properties & Thane Based real estate developer (Vihang Group) has announced that they will develop a residential project in Thane by the name of Godrej Emerald. Godrej Properties, a real estate arm of Godrej Group, has entered into an agreement with Vihang Enterprises for a housing project located off Ghodbunder Road in Thane. The project has development prospective of approx 1 million square feet, with 15 acres of a wide land bank.

Thane has grown rapidly in recent years and is now considered a self contained metropolis. The project strategic location offers trouble free connectivity to the many strategic points of Mumbai and suburbs. The area has various established commercial, retail and entertainment hubs within the close proximity, and is well connected to the international as well as domestic airports. It is always easy to get to Thane station from here.

This residential project will open a new possibility in the housing segment of Thane. Both real estate developers will work together to provide quality housing to the residents of Thane. Godrej Emerald strengthens Thane as a strong and stable residential market, expected to get amplification in demand with the existence of global brand (Godrej Properties) at here. When launched, it could command a premium over others. This new residential project is in soft launch stage and offers 1.5 BHK to 3 BHK Apartments at very reasonable price points.

Now question is that, "Why I Should Buy an Apartment at Godrej Emerald?"

To find the answer of this question, now you have to look back in the history for the performance of Godrej Properties previous residential properties in Mumbai & suburbs. Planet Godrej a residential project in Byculla, Mumbai launched in 2004 at the price of Rs. 3, 250 per sq. ft. now after 14 years the same property is available at the price of Rs. 45, 000 per sq. ft. showing 14X Return on Investment. Godrej Edenwoods in Thane Launched in 1991 at the price of Rs. 1,800 per sq. ft. the current price of the property is Rs. 14, 000 sq. ft. Godrej Vihaa in Badlapur launched in 2015 under the price of Rs. 3, 300 sq. ft. and only in 1 year this residential project is giving you 1.2X Return on Investment. So, your investments in Godrej Emerald in Thane will definitely give you excellent return in the short span of time.