Posted on 10th May 2017 Author: Planet Homes
‘Maximum city’ Mumbai. This is one city which attracts people from all over India. The constant influx of people is reason why the city has been expanding its limits constantly. The city suburbs are too costly for the common folk. The periphery of the city thus garners a lot of interest. This is why areas like Thane and Navi Mumbai have seen increasing number of residential projects coming up, especially Thane – one of the would be Smart City.
Thane known as ‘City of the Lakes’ by its residents and it has earns its name because of 33 lakes situated in the area. Thane is one of the fastest growing areas of Mumbai. Not only residential real estate, Thane is teeming with a lot of commercial real estate and infrastructure. The best thing about Thane is that it is strategically located where you can enjoy maximum connectivity through highways, railways and public transport.
If you are planning to move to Thane, here are 9 reasons to buy a property for investment purpose or staying in Thane.
1. Affordability in Thane
The prices of real estate skyrocketed in Mumbai and now the buyers prefer other regions for residential property. This is where Thane comes in the picture. Thane is now the most preferred destination because of the affordability factor. Thane has seen a steep rise in the affordable housing segment. With 1 BHK & 2 BHK Residential properties available with awesome amenities at competitive prices which are almost half compared to Mumbai.
2. Infrastructure in Thane
Thane is brimming with possibilities with all the flyover and new land banks. Excellent roads, suburban train connectivity and greenery make Thane a perfectly balanced locality. Developing as a business hub through government initiatives, this area is now instrumental in the Growth of Mumbai with its industrial advancement.
3. Connectivity in Mumbai
Thane is connected through National Highways leading to Gujarat, Eastern Express Highway and Eastern Freeway, and also swiftly connected to Navi Mumbai and Kalyan areas. The Proposed Monorail Project, Underground Metro, Link roads and Smart City Initiative would only strengthen the connectivity and ease of transport.
4. Education Facilities
Law Colleges, Management Studies, Engineering & Pharmacy Institutes, Polytechnics, Graduate Schools and International High Schools are spread across the entire Thane. From KG to Masters, Thane has educational institutes which have excellent infrastructure and reputation.
5. Health Facilities
It is the barometer of any area’s liveability. Hospitals and Health Infrastructure is coming up in huge numbers to serve the increasing population. Government Hospitals, Trust Run Hospitals and Private Hospitals are with specialist treatments and ambulances. Also, new generation of physicians are also selecting Thane as their home.
6. Restaurants in Thane
Adding to the lifestyle, amazing eateries and restaurants are seeing Thane as the most lucrative market. Hi-end luxurious restaurant to the fast food chains and traditional Indian restaurants, Thane has seen a drastic overhaul in this segment recently.
7. Thane Lifestyle
Though slightly away from the Metropolitan Region, Thane Lifestyle is on par with that of Mumbai. Because of the Entertainment Industry, Thane sees amazing inflow of the Entertainment professionals. This adds on to the leisure and party related infrastructure.
8. Tourism Opportunities
Travel agents and local transport in Thane is on par with the Mumbai. Thane has many tourism attractions like 33 lakes and Yeoor Hills. Also, Thane is the way to reach the Suddhagad fort, Matheran, Bassein, Jawher Palace and the famous Essel World.
9. Automobile Market
To cater to the booming economy and huge population, automobile dealers and authorised service centres have come up in the area recently. Major Two wheelers and four wheelers companies are offering great services and showrooms.
Thane is a huge area though, Scouting for 1 BHK or 2 BHK Flats in Thane now a day is not an easy task. Most of the time people prefer browsing for property on the internet and then visit the site of selected projects. Planet Homes is one such entity that provides excellent advice and options for property in Thane, Navi Mumbai and Pune. Also, visiting property expo or exhibitions is a good idea to see most of the projects under one roof. But always being vigilant and checking the construction and permissions beforehand is vital.
Please share your comments review on this blog. Also, share this with people who are searching for property in Mumbai.