Affordability – The Driving Factor of Thane Real Estate Market

Thane real estate market is seeing demand from home buyers and investors. The city is seeing rapid developments in infrastructure and this is actually making a huge impact on the realty segment. The city is well connected with roads such as Mumbai-Bangalore, Mumbai-Agra and Mumbai-Ahmedabad. The proposed metro rail project will enhance the connectivity and will play a major role in the realty market. The city is livable as it is blessed with good physical and social infrastructure. This makes the city a livable one.

The government is also playing a crucial role in the development of the city in a planned manner. Affordability is the key factor driving the realty market of Thane. Many micro markets are witnessing constant demand for the residential properties. The localities in the western part of Thane are seeing good demand due to the proximity to the industrial and commercial areas. Investing in Thane is expected to give good returns. There are a number of affordable,properties in Thane.

The Shree Patidar Park is one of the affordable projects located in Bhiwandi, Thane. The apartment has 1 BHK and 2 BHK units which are the best option for investment. This residential complex is provided with a lavish life with state-of-art amenities. The project has excellent amenities such as clubhouses, indoor games, yoga & meditation room, volleyball court, fully equipped gymnasium, multipurpose hall, steam room, kid’s garden/children's play area, etc. To give security and safety, the project is provided with boundary wall, entrance gate with security and CCTV surveillance.

A temple is located in the project as a place of worship. Car parking is available. The project is provided with lift facility as well. All facilities such as educational institutions, healthcare units, banks, ATMs, shops are located in and around the project. The locality is well connected by road and rail. Bhiwandi Road railway station is located at a distance of just 1.9 km from the project. The connectivity is one of the added advantages of the project. All these features make the project attractive and is one of the best project for investment.

There are many other affordable projects located in Thane West. As far as Thane realty market is concerned, the market is performing well. Over the past decade, the city has grown so much into a self-sustaining metropolis. The city enjoys a good connectivity as it has uninterrupted highways, flyovers and wide roads. The residential market of the city has a variety of projects such as high-rise towers and integrated townships. The commercial real estate is also active and this is also contributing to the growth of the residential market. Since the property prices of the city are very attractive, the demand for the residential projects is constant and stable.

When looked at Thane in the investment point of view, the city is one of the best investment destinations in the country.