Looking For Affordable Housing Option? Flats In Thane West Are Just For You!
by Shikha Desai Real Estate Advisor·
The Mumbai and Mumbai
Metropolitan Region (MMR) real estate market of today is undergoing a paradigm
shift.
·
Reforms such as The Real
Estate (Regulation and Development) Act, GST and Insolvency Bankruptcy code
have brought in accountability and transparency.
·
These factors have led to a
boost in home buyers' confidence.
·
Rising urbanization, newer
business hubs, and districts and aforementioned factors together have led to
certain suburban localities to become "premium pin code
destinations".
· One such residential “hotspot” of today is Thane, and new projects in thane provide numerous affordable housing options.
The Concept
· The basic premise governing investing in property in Thane and other such upcoming suburban regions is that emerging regions have higher growth and returns potential compared to their saturated counterparts.
About Thane
·
The real estate market of
Thane is regarded to be among the Top 20 in the world. To know more, read
along!
·
Thane is segregated into two
sections – Thane east and the relatively affordable housing of thane west.
· The flats in thane west are apt for those seeking spacious homes at affordable prices.
Why Thane
·
With numerous flats in Thane available
for investment, this is a good time to look at real estate in the Thane pocket
at least from an investment viewpoint.
·
According to a housing.com
article dated November 1, 2017, the “Thane Smart City” project has received
approval worth INR 700 crores.
·
In addition, Thane has
digitized its services through its “Digi Thane” mobile application.
·
The application will make the
lives of residents more convenient through easy access to the Thane Municipal
Corporation services.
·
With many information
technology (IT) companies shifting bases to Thane, the district is also a
service and technology hub.
·
Thane’s robust connectivity
and infrastructure developments are the primary growth drivers.
· These factors have paved the way for upcoming projects in Thane.
Micro-pockets to look at within Thane
Badlapur
·
The locality is one of the
most affordable residential hubs.
· It is a promising returns-generating micro-pocket.
Manpada
·
The locality is ideal for affordable-to-mid level housing, such as those
seeking 2 bhk flats in Thane.
·
Seamless connectivity, robust
infrastructure and an upcoming base for commercial establishments will provide
residents with a comfortable commute to their workplace.
Ghodbunder Road
·
A goldmine for affordable
housing, there are numerous ready possession flats in Thane Ghodbunder
road.
·
The locality provides a
seamless commute to the adjacent Mumbai city.
· The locality also has a strong social infrastructure.
In light of the aforementioned factors, the
upcoming smart city of Thane is a residential hotspot to look out for.
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Created on Feb 14th 2019 03:51. Viewed 706 times.