20 January, 2023
4 mins read
Thane, also known as the city of Lakes, has emerged as one of the finest residential nerve centers in the Mumbai Metropolitan Region. Once an industrial hub, Thane has completely transformed into a bustling residential town in recent years. The city has uncountable swanky projects and high-rise towers that offer everything a modern lifestyle may require. But what makes Thane real estate such a big market? Several factors go behind Thane's emergence as a top residential hub near Mumbai.
Thane was once referred to as a “satellite city of Maharashtra”. However, the situation has changed drastically in the last few years. The city now enjoys excellent connectivity with almost all major locations of Mumbai through roadways and railways. For example, one can seamlessly reach Chembur and Ghatkopar from Thane through Eastern Express Highway. Additionally, commuting to the western suburbs is quite a breeze via Ghodbunder Road, Bhiwandi Bypass Flyover, and Thane-Dive Road. Apart from the road connectivity, one can get Mumbai suburban trains from Thane station to reach different parts of Mumbai. Moreover, the upcoming metro line will further improve Thane’s connectivity with other prominent areas of Mumbai city.
The social infrastructure in Thane has also evolved magnificently. Several renowned schools, colleges, hospitals, malls, and entertainment zones have come up in the vicinity in the last years. Some top schools in the Thane district include St. John High School, Smt. Sulochana Devi Singhania High School, and Orchids International School, among others. The top hospitals in Thane are Currae Hospital, Vedant Hospital, Besides, several malls and shopping centers make shopping easier for the residents of new projects in Thane
One of the reasons for the growth of the Thane real estate market is the thriving commercial hubs in the vicinity. Multiple IT Parks and business centers have fuelled the demand for residential projects in Thane. Ashar IT Park, Odyssey IT Park, and ThaneOne Corporate Business IT Park are a few of them. Companies like Global, Capgemini, and Tata Technologies have their offices in Thane, which means that employees working here can get a beautiful habitat in the . With Amazon Data Services’ acquisition of a ~54-acre plot, Thane will also see the rise of newer job opportunities.
The best property in Thane has ample open spaces and greenery. Residents here can live among lush green surroundings and a peaceful atmosphere. Thane city is surrounded by Yeoor Hills, Parsik Hills, and large water bodies. There are as many as 35 lakes in Thane, which is why this city is also known as “the city of lakes”. So, those who love to live in natural surroundings can buy a property in Thane - a haven for nature lovers - and enjoy peaceful living.
Several top real estate developers and builders have developed new projects in Thane. These projects offer a luxurious lifestyle and are not too harsh on the pocket. You can easily find a 2 BHK apartment in Thane by spending around ₹1 crore to ₹1.5 crores. This means one can enjoy the best living at premium townships in Thane without spending an enormous amount.
Thane has everything that a modern family can demand. From lush green surroundings with hills and lakes to excellent connectivity to superior infrastructure, Thane real estate offers much more than other suburbs of the Mumbai Metropolitan Region (MMR). Therefore, this city has evolved into a bustling real estate destination, and the demand for housing properties in Thane is only increasing. If one is looking to invest in the real estate market in Thane, there is no shortage of options. Several reputed builders and real estate developers in Thane have launched luxurious housing projects with many modern amenities. Piramal Vaikunth by Piramal Realty is one of the best residential projects in Thane and it has been designed to offer unparalleled luxury and community living with ~60,000 square feet of amenity spaces, close to 40% open space, beautiful residences, and gorgeous views of the Yeoor Hills and Thane Creek. Spread across ~32-acres, the project offers its residents with amenities like a swimming pool, library, cafeteria, clubhouse, and many more facilities within the premises. Take an e-tour today or give us a visit to book your dream home in Thane.
Disclaimer- This article is based on the information publicly available for general use as well as reference links mentioned herein. We do not claim any responsibility regarding the genuineness of the same. The information provided herein does not, and is not intended to, constitute legal advice; instead, it is for general informational purposes only. We expressly disclaim any liability, which may arise due to any decision taken by any person/s basis the article hereof. Readers should obtain separate advice with respect to any particular information provided herein.
20 January, 2023
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