Upcoming projects in Thane that are booming in the real estate world
by Shikha Desai Real Estate AdvisorKick-start 2019 with new and emerging investment avenues!
Rising urbanization in India has led the pricing points of traditionally-preferred property investment locations to near saturation levels.
Moreover, the advent of newer business hubs and districts have led certain residential sub-markets of big cities to witness greater preference among buyers and investors. One such locality that has been the residential “hotspot” is the Thane district, and new projects in thane provide numerous affordable housing options.
The Concept
The basic premise governing investing in property in Thane region is that emerging regions have higher potential returns compared to their saturated counterparts.
Why Thane
The real estate market of Thane is regarded to be among the Top 20 in the world. To know more, read along!
With that being said, there are numerous flats in thane to look out for in 2019.
With many information technology (IT) companies shifting their bases to Thane, the district is turning into the new service and technology hub. The district’s robust connectivity and infrastructure developments are the primary growth drivers. These factors have paved the way for upcoming projects in Thane.
Within the district, the 5 thriving locations
are:
Badlapur
Positioned as one of the most affordable
residential hubs, the locality has transformed into a viable investment avenue
for investors seeking decent returns-generating flats in thane west.
Manpada
With seamless connectivity, robust
infrastructure and an upcoming base of commercial hubs, Manpada is ideal for
affordable-to-mid level residential options. The locality is apt for those
seeking 2 bhk flats in thane.
Ghodbunder Road
One of the fastest growing localities, it has
been a goldmine for affordable housing since past few years. With several
renowned educational institutions, malls, hospitals and banks in the vicinity,
the locality is strong on its social infrastructure. The locality also provides
a seamless commute to the adjacent Mumbai city through its swift connectivity
to the Eastern and Western Express Highways.
Majiwada
The locality provides housing needs for buyers
across budget segments, and with 1 BHK units topping the popularity graph and
with several new launches during the quarter ending September 2018, the region
has a sufficient supply of ready
possession flats in thane.
Ambernath
The competitively priced housing options have
gained the locality considerable investment momentum. With pocket-friendly
apartments, robust connectivity, close proximity to other parts of the Mumbai
Metropolitan Region (MMR), prospective infrastructure projects and surrounding
commercial hubs, the locality is expected to see a spurt in upcoming projects in Thane.
Takeaway
In light of
new business districts and commercial hubs, Thane is one of the hot and
thriving real investment destinations for 2019.
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Created on Jan 28th 2019 07:28. Viewed 589 times.