Friday 19 April 2024

Thane – A Dream Destination for Modern Living


Mumbai has long been the city of dreams where people come in to live and work, and to find a little piece of heaven they can call home. Looking at the developments in infrastructure and real estate, however, it is only fair that this acclaim should now go to Thane, the city just outside Mumbai. Before you start to hunt for a 2 BHK flat for sale in Thane it is best to understand why this city is perfect for modern living.

Connectivity is King

One of the greatest advantages of making Thane your home is the excellent connectivity it offers to Central Mumbai and other business districts in and around Mumbai. The Eastern Express Highway and the Eastern Freeway are regularly used by commuters to Central Mumbai, while those who work from Navi Mumbai prefer the Thane-Belapur Road. The Central and Western Suburbs are easily reached through the Ghodbunder Road. Public transport, both rail and road, is excellent and traffic in Thane is far from being a nightmare, unlike its counterpart in some locales in Mumbai.

Lifestyle for Modern Living

Unlike most residential locales in Mumbai, Thane is far from congested. The verdant and large green spaces provide a wonderfully refreshing and pollution free environment for families to live in. Children, pets, and elderly folk have a comfortable time living in Thane. The city is also very well suited to all needs of modern living. Great schools, excellent medical facilities, and modern malls such as the Korum Mall and the Viviana Mall make for great shopping, entertainment, and dining experiences. Thane is close to some of the top higher education institutions of the Mumbai Metropolitan Region including the Indian Institute of Technology Bombay in Powai.

Growing Commercial Hub

One of the greatest advantages of investing in Thane is the fact that it is a developing township and is now in the process of attracting more and more commercial enterprises. This makes for a great opportunity for small and medium enterprises to set up shop. There are already a number of multinational corporations established in Thane. The assurance of growth and development is encouraging many more businesses to hire locally too.

ROI on Property

While Thane has been growing considerably as a commercial hub, more and more people are also looking to buy homes and build residential communities here. This makes any investment in real estate a very lucrative and solid bet. Some of the other suburbs of Mumbai are now considered “saturated”, i.e., the ROI on any flat or apartment or even plot of land is not likely to fetch great returns in the short to medium term. Unlike these, Thane is one city where a property owner may expect strong resale value for any flat or house. In fact, Thane is one of the few places in and around Mumbai where real estate developers are seeking permits to come up with premium living projects. A number of people who own 2 BHK in Goregaon West and other neighbourhoods are looking to own a second property in Thane because of the returns it offers.