When investing in real estate, it is crucial to select the perfect location. The right spot is where you could find security, opportunities, connectivity, and high returns at one place. However, real estate markets in big cities like Mumbai are getting saturated in terms of space and prices. Fortunately, Thane is emerging as a boon for real-estate investors because of its central location and excellent connectivity.
Thane is poised to see massive growth in terms of real estate investments. There has been a rapid increase in the number of new projects in Thane. Residential complexes like Unnathi Woods, Thane could be the next hot-spots for investments in real estate.
Thane city real-estate scene comprises some of the best luxury living spaces like Unnathi Woods that offer world-class amenities. Property rates in Thane are significantly lower than in Western suburbs and south Bombay. This is attracting many potential buyers here.
However, it is important that one invests in the correct project at an appropriate location in order to maximize profits. So, here is a peek into the hot locations for real estate investments in Thane.
- Ghodbunder Road
Extending from Borivali to Thane City, Ghodbunder Road links the Western and Eastern Express Highway. Ghodbunder Road is accessible from areas like Mira Road and Ghatkopar. The properties here offer affordable prices and a good lifestyle for people in the middle-income group who want to become homeowners.
Besides that, because of excellent connectivity to micro-markets, properties like Raunak Unnathi Woods, Thane can fetch you higher returns on selling and rentals.
Unlike some other crowded Mumbai suburbs, Ghodbunder Road offers urban open spaces, stable infrastructure, reliable connectivity, and contentious prices. With the extension plan of the Wadala-Ghatkopar-Thane-Kasarvadavali Metro-4 corridor in the picture, the connectivity will improve further which would increase the inflow of residents in projects like Unnathi Woods.
The Ghodbunder Road gives the residents access to good hospitals, and many reputed schools like Trimurti English School, Hiranandani Foundation School, DG International School and St. Xavier High School. At present Thane property rates are affordable and new projects in Thane make Ghodbunder Road an excellent investment site.
- Kalyan
Another emerging hot property destination is Kalyan, a town in Thane district. With its own municipal corporation, the Kalyan town is clean, well planned and well connected too. Kalyan has solid connectivity through buses and trains.
Areas like Godrej Hills, Khadakpada and Ammu Nagar offer some of the most reasonable Thane property rates. These areas are worth investing as they are home to swanky new projects in Thane.
Some factors that make Kalyan an attractive proposition for investors are affordable housing projects and improved connectivity. The rail connectivity between Kalyan and Mumbai could bring in excellent returns in the form for rental income.
- Asangaon
Situated in Thane District, Asangaon is a popular residential neighbourhood that is home for many reputed new projects in Thane. Like Kalyan, Asangaon is also well-linked through a sturdy rail and road network. Located just 74 kilometres away from Mumbai airport this neighbourhood promises peace and comfort.
The recent surge in real estate prices in Asangaon suggest it could be a reliable investment destination that could yield higher returns on selling as well as rentals.
- Pokhran Road:
Another area witnessing rapid growth and development is Thane is Pokhran Road. In recent years with the advent of new projects in Thane, the real estate values in Pokhran road have risen remarkably. Pokhran Road is slowly becoming a hub of residential and commercial real estate.
Conclusion
Investing in a new project in Thane like Unnathi Woods, located near the highway in the open environment of Ghodbunder Road could be a smart move. Owning a property in Thane in the well-planned residential township is now convenient as Bajaj Finserv Homes & Loans offers home loans up to Rs. 3.5 crores and suitable interest rates.
Areas like Ghodbunder Road, Asangaon, Pokhran Road and Kalyan are the best areas to invest in Thane real estate. Considering that Thane Property rates have witnessed a steady rise over the years.
