Thane is an essential part of the MMR- Mumbai Metropolitan Region and on the prime focus of the Government of Maharashtra for the development of the MMR. After being listed among the top cities to be listed in the Smart City List, Thane is set on a road to development. Many buyers are being attracted towards this booming hub of both residential and commercial opportunities. In a city like Mumbai where homes are getting smaller, buildings are crammed together, battling through the air and noise pollution every day is a task, and trying to find some downtime for yourself has become a luxury. One which everyone is craving for. Mumbai is and has been a favourite destination amongst buyers.
Apart from the quality of homes, availability of value services and location benefits, the standard of living and the status quo that comes with owning a home in Mumbai is something everyone would like to experience. But not everyone can fit that kind of budget that is required to buy a flat in Mumbai within their finances. Hence, developers started moving to regions like Thane which was once an industrial city. Not many developers and buyers were interested in investing in a city like this but slowly over the decade, new developments in industrial, commercial and residential properties have changed that scenario. Considering everything, investing in an apartment in Thane is a wise step in the long run.
Covered in 25% green cover, 33 lakes and 30 gardens, this City of Lakes offers unique greenery to its residents. Places like Ovalekar Wadi Butterfly Garden, a unique garden which breeds 132 species of butterfly in their natural surroundings, 4 to 5-star recreational clubs nestled in the picturesque greenery like The Blue Roof Club, The Golden Swan Club, United-21, etc. cater one-of-a-kind services. While beautiful locations like Yeoor Hills, TMC Garden, Har Har Gange Waterfall, Sanjay Gandhi Park, Masuda Lake, etc. in the city and scenic spots like Jawahar Palace, Kanheri Caves, Bassein Fort, Kelwa Beach and many others just a short drive away from Thane. This setting offers an enriching lifestyle which attracts many homebuyers. Thane was the most populated district in the country according to the 2011 census with a staggering population of 1,10,60,148. One of the reasons behind this high number is the increase in population by 20.3 lakhs between 2001-2011 census. The perfect example of people giving Thane preference over Mumbai is the 8 lakh people who moved out of South Mumbai to here.
The strategic location, the efforts taken up by Thane Municipal Corporation and the government has made Thane well connected to Mumbai and the neighbouring region, both through railways and road. The effortless rail network makes travelling to the centre of the city or the western and eastern suburbs very smooth. The public transportation is very efficient here with sufficient bus, auto-rickshaw and cab services, plus wide multi-lane roads. With NH3 and NH4 link, Mumbai Nashik Highway, Ghodbunder Road, NH8, Eastern Freeway, Thane Belapur Road, SCLR and JVLR, the connectivity is smooth. While the upcoming Metro projects, railway station and other infrastructural development like metro from Thane to Wadala, Thane to Kalyan Monorail, Kalyan to Mira-Bhayander, Cable suspension bridge between Dombivli and Mankoli, Thane to Dahisar Monorail will make travelling for its residents flawless. Both the international and domestic airports are only 27 kilometres away.
The increasing limelight has led to the development of the real estate market of Thane exponentially. It has become a hub for luxury residential projects which offer top quality work and world-class amenities but at a lower price, almost 30% less, compared to the prices of South Bombay and the Western Suburbs. The cost of living is 71% lesser than the prime locations in and around Mumbai. Many developers are moving to locations like Vashi, Navi Mumbai and Thane. Some of the top names in the real estate industry of Mumbai like Lodha Group, Rustomjee Group, Hiranandani Group, AND Developers, Kalpataru Group and others have and are investing in Thane. Localities like Ghodbunder Road, Kolshet Road and Pokharan Road are among the top-rated choices of homebuyers. In the past few years, property rates at Pokharan Road have increased by 30% to 40%. While properties at Ghodbunder Road has witnessed a growth of 300% and as of the April-June 2019 calculations the average property rate is about Rs. 10, 369 per sq. ft. Today’s homebuyers are looking for a home that goes way beyond quality construction at a prime location with basic amenities like a sports centre, a swimming pool and a kids' play area. Now, customers wish for comprehensive services. A place that not only takes care of their growing needs with a banquet hall, multi-purpose recreational zone, outdoor games, gazebo, etc. but also caters to the needs of their children for a library, indoor gaming area, kids’ swimming pool, etc. and the requirements of senior citizens for a green surrounding, fresh air, yoga centre, a senior citizens’ corner, etc. Developers investing in Thane have understood this need of customers and are coming up with projects that provide them with a unique life experience while taking into consideration their financial limitations.
The literacy rate of Thane is 89.4% while it is close to the Mumbai University sub-campus and highly acclaimed schools and colleges like Singhania, D.A.V., Vasant Vihar High School and Junior College, C.P. Goenka and many others are just about 10 minutes away from the residential projects. With easy access to the top healthcare facilities like Bethany Hospital and Jupiter Hospital among others the health of the residents here will always be in capable hands. In addition to this, fine restaurants, lounges and bars, malls and multiplexes, amusement parks, theatres, etc. make sure that all areas of the homebuyers are very well covered and they experience only the best of everything.
The VISION 2031 project taken up by Thane Municipal Corporation (TMC) under Government of India’s Jawaharlal Nehru National Urban Renewal Mission (JNNURM)aims at the economic and social development of the entire city as a whole. Considering the current state and a thriving future lined up for the city of Thane investing in flats in Thane makes sense in the long run.
Homebuyers are looking for the blooming suburban areas of Mumbai for their new home because of problems like space deficiency, over-crowding and affordability in the city.
Reasons like these have made a once industrial and polluted region become favourable amongst homebuyers and hence they prefer buying flats in Thane.
All the important roads in the city such as EEH, Pokhran Road 1 and 2 and GB lead to the elite neighbourhoods of Thane, thus making connectivity a major plus point.
Projects in Thane offer easy connectivity to schools, colleges, playgrounds, multiplexes and other necessary destinations as well.
Youths can relish in great alternatives with close proximity to water parks, amusement parks, scenic locations like Yeoor hills, Tiger hilltop, etc.
The present state of major business centres of Mumbai like Bandra-Kurla Complex (BKC), Lower Parel, Powai are facing problems like saturation and space deficiency.
Reliaable Dollar Colony Plot is a project from a trustable name in real estate.
It is introduced by Reliaable Developers , a strong name in Bangalore real estate.
The company has taken birth in Bangalore to incorporate new designs and heights in residential as well as commercial projects.
With transparent services, quality in the construction projects and accuracy in delivery time of housing projects, Reliaable Developers rule the industry.
The quality can also be seen in Reliaable Dollar Colony Plot as well.
