October 9, 2019 by theiconthane
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In the last few years, with the scarcity of places in Mumbai, Thane has emerged as the next big neighbourhood in Maharashtra. It has seen considerable growth and has flourished and how! While property prices in Thane have seen a hike, none has witnessed a hike as steep as the Ghodbunder Road (GB Road), mainly due to its proximity to nature and fast pace of development coupled with Government's proposed plans to enhance connectivity. The corresponding graph tracks the price pattern on GB Road since 2009. Real estate experts believe that property buyers here have enjoyed a 300% growth in the last five years! Economic advisors and analysts suggest an estimated 40% increase of employment opportunities in the Mumbai Metropolitan Region (MMR), including Thane. Such a predicted hike in jobs would entail a major increase in the demand for housing and subsequently could generate further capital appreciation in real estate investments for New Residential Projects in Thane.
A few years ago, Thane was considered as one of the last options to buy a house or to put it in a way those who could afford budget house. Thane was considered as the place for factories and industries. Now in recent years, with the reduction of industries and factories, large vast lands were made available to the developers who took no time in realizing the potential investment that lied in Thane.
With the number of new and developing projects from reputed developers The Icon, Classy house, Great infrastructure with luxury complexes are the talk of the town. Thane has emerged as one of the most happening parts of the city with the introduction of Top Malls, New Residential Projects in Thane from reputed and famous developers Risland in Thane with excellent connectivity to major parts of Mumbai. Available ideal floor plans include 2 & 3 BHK Flats in Thane.
The past 3 years have seen a 6.2% rise in residential Property, Flats in Highland Park and with the upcoming proposed Metro Projects the Percentage is going to rise leaps and bounds. Thane offers connectivity to Western Express Highway via Ghodbunder Road, JVLR, SCLR, Mumbai Nashik Highway, NH8, Eastern Freeway and Thane- Belapur.
Furthermore, The Central Harbour Line & Thane Panvel Rail line proves to be the suitable mode for commuting for the office goers and with the upcoming proposed Metro Line it will be an added bonus for the residents of this flourishing city.
Thane already boasts of quality schools, colleges, shopping mall and hospitals in GB Road, Majiwada and Kasarvadavli, with Viviana mall, Eternity Mall, R-Mall, supermarkets and HyperCity already the haven for shopping and entertainment.
Most of these projects offer quality housing as well as the luxury segment that meets the perfect requirement & matches the needs of a modern house buyer, Apartments for Sale in Dhokali.