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Kavesar, A New Real Estate Hotspot In Thane

Kavesar in Thane has been one of the most popular real estate options for homeowners due to its lush surroundings and good connection to Mumbai via Ghodbunder Road. Kavesar’s average residential prices range from Rs 8,600 to Rs 10,500 per square foot. High property costs in Mumbai, along with the city’s fast growth, have prompted real estate investors to seek for more inexpensive areas on the periphery. Because of its reduced land pricing and a wide range of residential options, Thane has long been a popular choice for potential homeowners in the Mumbai area. While the city offers a number of promising investment areas, Kavesar on Ghodbunder Road has attracted the most attention.

 

Kavesar, a new real estate hotspot in Thane, is a new real estate hotspot.

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The presence of reputable real estate developers, as well as its proximity to Versova, Kasarvadavali, and Thane city, are the key drivers of investor interest in Kavesar. Furthermore, the anticipated metro station at Kasarvadavali (1 km), which would give direct access to Mumbai, is a plus.

 

Growth in the real estate market

Despite its proximity to Thane, property prices in Kavesar are not considered inexpensive, with over 75% of houses for sale in the area costing more than Rs 75 lakh. Over half of the houses offered for sale in Kavesar are structured as two-bedroom apartments.

Greenery-studded urban settings, closeness to the Sanjay Gandhi National Park, and the Kavesar-Waghbil Mangrove belt have catapulted Kavesar as an ideal second home location.

The average property prices in Kavesar, according to Mumbai Insite Report Apr-Jun 2021, are between Rs 8,600 and Rs 10,500 per sq ft. Despite low home demand during the Coronavirus epidemic, the neighbourhood has seen a three percent growth in property values on an annual basis.

Growth in the real estate market

“While property values in Thane have risen, no area has experienced a more dramatic increase than Kavesar. Which is close to the renowned Hiranandani Estates and Haware City Township,” says the report. highlighting Kavesar’s real estate potential. Kavesar has developed as an investor-friendly location in Thane due to its proximity to nature and rapid real estate development. As well as the government’s anticipated infrastructural initiatives to improve connectivity. There is no question that Mumbai is one of the most expensive cities in which to invest in real estate, and as a result, potential purchasers are now looking for homes in other adjacent cities.”

Kavesar is one of the top investment places since it has easy access to all social infrastructure. Regency Tower, Soham Tropical Lagoon, Park View, Sukur Enclave, and Cosmos, among others, are among the city’s best schools, banks, retail centres, hospitals, shops, ATMs, good restaurants, malls, and busy complexes,

“Real estate boom in Kavesar is riding on the basis of its outstanding connectivity.” The presence of chemical and manufacturing businesses within a 10-kilometer radius. As well as direct access to the Kolshet Industrial Area, Wagle Industrial Estate, and G Corp Tech Park, has driven the region’s housing demand. The Coronavirus epidemic may have had little effect on property values in the near term. But Kavesar will continue to be a high-growth zone in the future.”

 

Kavesar: Social amenities and connectivity

Between Kavesar and Thane’s industrial area, the Ghodbunder Road provides great connection. It also links Kavesar to the areas of Kasarvadavali, Versova. And Kashimira in the north, as well as Mulund in the south.

 

Kavesar, a new real estate hotspot in Thane, is a new real estate hotspot.

 

 Social amenities in Kavesar, Thane

Educational institutions

 

Healthcare facilities

Retail hubs

Radcliff School School

Hiranandani Hospital

Cosmos Mall

New Horizon School

Vedant Superspeciality Hospital

R Mall

Ryan School

Horizon Prime Hospital

The Walk Mall

Hiranandani Foundation School

Metropol Multispeciality Hospital

Viviana Mall

 

The 32-kilometer-long Green Line 4 of the Mumbai metro. Which runs from Kasarvadavali (1 km) to Bhakti Park. Would connect the community to various locations and boost the micro-real market’s estate momentum once it is open. Kavesar is served by Thane Railway station, which is 10 kilometres away. Kavesar is around 30 kilometres from Mumbai’s International Airport.

Overall, strong accessibility to Mumbai and Thane. As well as a plentiful supply of ready houses, will keep real estate investors interested in Kavesar.

 

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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. Navimumbaihouses.com does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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