Thane’s Infrastructure augmented the Real Estate Market

Posted by Sanjana Murya
5
Aug 19, 2015
150 Views
In the past few years, Thane region in Mumbai has emerged as the core area that observed massive growth in real estate development. Away from the hustle-bustle of the city life, this location is engraving potential infrastructure that has opened avenues for several potential developers. The steady growth all over the city is well-thought and proven beneficial for the surroundings areas. The well-developed connectivity and the robust infrastructure have pushed up the real estate statistics of this region. According to the 99acres.com Insite Property Report, the localities in the region registered a 60 percent growth in the last quarter.

Thane Municipal Corporation is also taking exclusive care to preserve the charm of this area also known as the ‘city of lakes’. Locations like Majiwada, Ghodbunder Road and Pokhran Road are being introduced opening ample opportunities for the real estate development. Metro lines are expected to come up in this region connecting Wadala to Kasarvadavali which will pass through Thane and Ghatkopar. This region is also eyeing fascinating industrial growth. Numerous industries have already laid their foundation in and around this place. The concerned authorities are also planning to set up a new International Business and Finance Centre (IBFC) in the same line across the Thane-Belapur Road. The Vanjarpatti flyover stretching from Thane to Wada in Palghar is successfully completed to make commuting easy. Three more flyovers are also expected to grace the region in the near future. Thus, this region has all the civic utilities in place that are necessary for a comfortable living.

Due to all the strategic factors, it has been an attractive destination for both the buyers and investors. The place has seen numerous new residential constructions and some of them are as follows:

1.Dosti Codename Landmark: Dosti Codename Landmark is one of the well-crafted projects by the reputed developers Dosti Realty and Suraksha Realty. The plan offers elegantly designed and well-ventilated 2BHK residential and commercial spaces. Constructed over a huge 100 acres of land the project is located close to the elite educational institutes, shopping malls, medical units, bus stop and railway station. The project is well-equipped with all the modern amenities that includes food court, shopping centre, gym, swimming pool, play area for kids, community hall, power backup, Wi-Fi, rainwater harvesting, video security, lift, car parking and water supply throughout the day. The price of 842 - 987 sq.ft. apartments range from Rs.63.15 Lakhs – Rs. 1.02 Crore.

2.Lodha Codename Big Bang: This well-built project by the famous Lodha group combines both residential and commercial developments. The project offers 1BHK and 2BHK spaces built across a vast 87.6 acres pf land. The property is close to necessary social amenities that brings every need of the residents to its doorsteps. The plan is stuffed with all the latest amenities that include a theatre, a clubhouse, a meditation centre, food court, shopping centre, cafeteria, power backup, Wi-Fi, staff property, ATM and car parking to name a few. The 720sq.ft. to 1089 sq.ft. sized apartments are available at a price range of Rs.55 Lakh to Rs.90 Lakh.

Therefore, Thane is a place in Mumbai that offers budget properties at an affordable price. Acquire your dream home amidst the well-planned locality and enjoy each moment of unhindered living.

Agniva Banerjee is a professional writer who closely follows the real estate sector. Her articles offer genuine facts and information about the realty sector in India.
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