Tenant-favorite places in Thane

Tenant Thane: When tenants were asked to rank several neighbourhoods in Thane, Hiranandani Estate and Ghodbunder Road earned the highest scores owing to their affordability, reliable connection, and closeness to business centres. Check out the other three popular places in the area that were voted the best by renters!


Tenant-favorite places in Thane


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The affordability of areas close to Mumbai contributes to their appeal. Thane district, formerly a peaceful hamlet, has steadily grown, providing great connection to IT clusters, commercial parks, and the Mumbai city centre. Furthermore, Thane has become a prominent residential rental centre in the Mumbai Metropolitan Region as a result of considerable infrastructural development in and around the city (MMR). So, if you’re seeking to rent a property in Thane, here’s a list of the best-rated neighbourhoods. Former and present residents of navimumbaihouses evaluated these places on a scale of 1 to 5 for connection, open space, security, lifestyle, and infrastructure.


Tenant Thane: Ghodbunder Road, India.

Ghodbunder Road, also known as State Highway (SH) 42, runs between Ghodbunder and Majiwada, connecting the Western Express Highway and the Eastern Express Highway. The region’s rental housing demand is fueled by the presence of IT, pharmaceutical, and mobile tower industries. The most affordable residential inventory is 1RK/BHK homes in gated communities, which rent for Rs 13,500-18,000 per month. Thane Railway Station is around 15 kilometres away, while the Chhatrapati Shivaji Maharaj International Airport is approximately 34 kilometres away. “Transport infrastructure” and “nearby markets” appear to be promising, but “regular power outages” and “high air pollution” are cause for concern.


Tenant-favorite places in Thane


Monthly rentals in Thane’s most popular rental places



Monthly rentals

Ghodbunder Road


Rs 13,500-44,000

Hiranandani Estate


Rs 18,800-53,500

Dombivli (East) 


Rs 7,100-15,400

Kalyan (West)   


Rs 8,500-22,000



Rs 11,000-13,500


Tenant Thane: Hiranandani Estate is a private estate in Hiranandani, India

Hiranandani Estate is a residential township located on 200 acres of land that is accessible by the Eastern Expressway Highway. Ghodbunder Road, Mumbai-Agra National Highway, and Bangalore-Mumbai Highway. The 2 BHK and 3 BHK flats dominate the inventory supply. It is popular among renters owing to the proximity to Hiranandani Business Park and Wagle Industrial Estate, both of which are within 10 kilometres. The “presence of retail outlets,” “reputed schools,” and “recreational centres within walking distance” were cited as important pluses by residents. According to the study, “waterlogging throughout the rainy season remains a severe concern.”  With a tenant rating of 4.5, the neighbourhood is at the top of the list.


Dombivli, (East)

Dombivli (East) is a Thane suburb with a mix of residential and business buildings. Monthly rents range from Rs 7,000 to Rs 15,500, depending on the layout of the units. The Kalyan-Shilphata Road, National Highway (NH 4) and the Central Line of the Mumbai Suburban Railway connect key IT clusters in Mumbai, Navi Mumbai, Thane, and Airoli, driving rental demand. Maharashtra Industrial Development Corporation (MIDC) in Dombivli is also a prominent industrial centre in the region. “The MMRDA’s intentions to create a commercial area akin to Bandra Kurla Complex (BKC) in Kalyan-Dombivli, as well as the forthcoming Metro Line 12 connecting Kalyan and Taloja through Dombivli, would further increase rental demand in Dombivli (East).”


Tenant Thane: Kalyan (West)

Saravali MIDC, Babosa Industrial Park, Dombivli MIDC, and Ambernath MIDC are just a few of the adjacent industrial locations that have a high demand for residential flats in Kalyan West. Rentals for the most common 1 BHK and 2 BHK plans start at around Rs 8,500 and Rs 12,000 per month, respectively. The Mumbai Suburban Railway’s Central Line and the Mumbai-Agra Highway give excellent access to the region. While the location has excellent road connections, Blue Diamond Properties claims that the forthcoming Thane-Bhiwandi-Kalyan Metro. Which is slated to be completed by the end of 2022, would complement the train network. Assuring a hassle-free journey to Mumbai.


Tenant Thane: Kalwa

Kalwa, an industrial-commercial centre located along the Thane-Belapur Road, is popular among individuals working in Thane and Navi Mumbai. Within 10 kilometres of Kalwa are the Navi Mumbai business parks Millennium Business Park, Sigma IT Park, and Airoli Knowledge Park, which are boosting the area’s housing demand. The most popular rental flats are 1 BHK and 2 BHK homes. With monthly fees ranging from Rs 11,000 to Rs 13,500 per month. The Pune-Mumbai Expressway, Kalwa-Belapur Road, and the Suburban Railway Network’s Kalwa Station link Kalwa to various regions of Mumbai.

Thane’s housing trend has accelerated over time due to its relative affordability compared to Mumbai and the amenities provided. While the locations listed above are some of the most popular rental destinations, Balkum, Kasarvadavali. And Vartak Nagar are also popular rental destinations. The rent in these locations ranges from Rs 20 to Rs 30 per sq ft.


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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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