Thane Property Rates Trends | Thane Property market & Overview
Thane Property market & Overview, The city is situated in Maharashtra’s northwestern region and is a near neighbor of Mumbai. It is also a member of the Mumbai Metropolitan Region.
About Thane City:
Thane is a major city in the Indian state of Maharashtra. New Upcoming Projects in Thane, is located in Salsette Island’s north-eastern corner. Thane city is completely contained within Thane taluka, one of the seven talukas that make up Thane district, and it is also the headquarters of the district that bears its name. Thane city is India’s 15th most populous city, with a population of 1,841,488 people spread over a land area of around 147 square kilometers (57 square miles) according to the 2011 census.
Thane’s real estate production, especially in residential areas, has increased since the year 2000. It’s all about the famed Ghodbunder route, a 20-kilometer stretch where you’ll find various constructions being constructed by reputable developers, and it’s truly become one of Mumbai Metropolitan Region’s (MMRprime )’s real estate destinations owing to its connecting infrastructure ties.
Assuming responsibility for the construction of the Ghodbunder Road, which connects the Eastern Express Highway (National Highway 3) and the Western Express Highway (National Highway 8) in the direction of Gujarat.
On this route, various public transportation buses such as BEST (Mumbai City Bus), TMT (Thane Municipal Transport), NMMT (Navi Mumbai Municipal Transport), MBMT (Mira Bhayander Municipal Transport), & VVMT (Vijayawada Municipal Transport) transport people to and from various cities on a daily basis (Vasai Virar City Bus).
Job travelers on this route have seen Ghodbunder Road develop into a residential area on both sides of the road. Ghodbunder Lane, also known as G. B. Road, skirts the northern border of Salsette Island, offering lavish mesmerizing views of the stunning Yeoor hills & Thane creek.
Thane has piqued the attention of a range of respectable developers, including Hiranandani, Godrej Estate, Lodha Group, Rustomjee Constructions, Runwal Realty Pvt. Ltd., Kalpataru Group, Haware, Neelkanth, and Dosti, among others, for the development of luxurious residences with world-class amenities.
Rustomjee’s Thane scheme, Urbania, is a thoughtfully built township that can accommodate 2500 families. In the Thane area, this township is near to the address Eastern Express Highway at Majiwada Junction. “Aurelia” and “Azziano” are two luxury buildings in this township. “Azziano,” which is currently under construction as part of Urbania’s continuing growth, provides its residents with all of the ultramodern facilities and world-class amenities, such as a children’s pool, spa and sauna, tennis court, amphitheater, alfresco dining room, and library, to name a few.
Learn more about this spectacular house, which also offers a stunning view of Thane city and the Yeoor hills. The project amenities at Rustomjee Urbania township include an international school, a retail shop, and an urban farming zone. It is also recognized as one of Thane city’s biggest residential ventures because it includes a multi-sports arena, commercial spaces, a children’s play area, retail spaces, and a fire station.
Godrej Properties would shortly add 2 and 3 bedroom residences with a sundeck offering spectacular views of the Yeoor Hills. Poddar International and New Horizon Scholars are two nearby schools, while Bethany and Jupiter Lifeline are two nearby hospitals. It has Viviana Mall, Korum Mall, Hypercity, Decathlon Sports, and D-Mart for shopping. Suraj Water Park, Malshej Ghat, Gaimukh Creek, and Upvan Lake are all nearby.
Hiranandani Estate is a property built by the Hiranandani Group in Thane. It is simple to enter Ghodbunder Road, which connects the Eastern Express Highway to the Western Suburbs of Borivali, Kandivali, and Mira Road. It is a township known for its large sidewalks, large pedestrian walkways on the side of the road, and landscaping.
If you have agreed to buy a property in Thane, we recommend that you do a fast reconfirmation on prices from various other outlets such as estate agents, property consultants, and various media that have up-to-date details on property prices.
Inside Thane, pricing is measured per square foot | Thane Property market & Overview
| Devdaya Nagar | 11,320 - 14,222/sq.ft. |
|---|---|
| Dhokali | 8,868 - 9,845/sq. ft. |
| Balkum | 8,345 - 8,982/sq. ft. |
| Balkum Pada | 8, 650- 8,960/sq. ft. |
| Shivai Nagar | 11,235 - 12,722/sq. ft. |
| Hiranandani Estate | 10,725 - 12,638/sq. ft. |
| Brahmand | 8,260 - 8,898/sq. ft. |
| Charai | 9,760 - 11,702/sq. ft. |
| Kolshet Industrial Area | 8,260 - 9,152/sq. ft. |
| Kolshet Road | 8,642 - 9,365/sq. ft. |
| Bhavani Nagar | 8,898 - 10,822/sq. ft. |
| Bhayandarpada | 8,132 - 9,845/sq. ft. |
| Parsik Nagar | 7,750 - 8,345/sq. ft. |
| Kailash Nagar | 9,578 - 10,428/sq. ft. |
| Kalher | 3,372 - 3,925/sq. ft. |
| Kalwa | 7,580 - 8,345/sq. ft. |
| Kapurbawadi | 9,662 - 10,640/sq. ft. |
| Kasar Vadavali | 7,452 - 8,260/sq. ft. |
| Kasheli | 3,725 - 4,265/sq. ft. |
| Samata Nagar | 11,405 - 12,298/sq. ft. |
| Shastri Nagar | 9,790 - 10,555/sq. ft. |
| Hiranandani Meadows | 16,362 - 17,835/sq. ft. |
| Gawand Baug | 8,825 - 9,845/sq. ft. |
| Kopri | 9,195 - 10,780/sq. ft. |
| Teen Haath Naka | 12,722 - 16,602/sq. ft. |
| Thane (East) | 9,578 - 11,702/sq. ft. |
| Thane West | 8,515 - 10,230/sq. ft. |
| Kavesar | 8,302 - 9,365/sq. ft. |
| Khopat | 10,342 - 12,255/sq. ft. |
| Owale | 7,282 - 7,920/sq. ft. |
| Panch Pakhadi | 12,298 - 13,955/sq. ft. |
| Naupada | 12,808 - 13,572/sq. ft. |
| Dokali Pada | 8,825 - 9,832/sq. ft. |
| Pokharan Road | 9,365 - 10,598/sq. ft. |
| Pokhran-2 | 10,768 - 12,340/sq. ft. |
| Patlipada | 9,705 - 11,745/sq. ft. |
| Vartak Nagar | 9,238 - 10,258/sq. ft. |
| Vasant Vihar | 10,258 - 11,490/sq. ft. |
| Vijay Nagari | 8,812 - 10,640/sq. ft. |
| Waghbil | 7,890 - 8,685/sq. ft. |
| Wagle Estate | 10,682 - 12,468/sq. ft. |
| Lokmanya Nagar | 6,772 - 8,472/sq. ft. |
| Louis Wadi | 10,682 - 11,830/sq. ft. |
| Sai Nagar | 7,325 - 8,132/sq. ft. |
| Sainath Nagar | 10,130 - 10,895/sq. ft. |
| Ghodbunder Road | 8,132 - 9,802/sq. ft. |
| Majiwada | 8,940 - 10,258/sq. ft. |
| Manpada | 9,112 - 10,738/sq. ft. |
The prices of some other well-known fast-growing places in the Thane district are mentioned below.
Within the Thane area, pricing is calculated per square meter.
| Kalwa | 7,155 - 8,222/sq. ft. |
|---|---|
| Kharegaon | 6,135 - 7,880/sq. ft. |
| Ambernath (West) | 3,288 - 3,852/sq. ft. |
| Ambernath (East) | 3,245 - 3,958/sq. ft. |
| Badlapur (West) | 2,875 - 3,585/sq. ft. |
| Badlapur (East) | 2,990 - 3,415/sq. ft. |
| Dombivli (East) | 4,945 - 5,752/sq. ft. |
| Dombivli (West) | 5,455 - 5,990/sq. ft. |
| Titwala | 2,875 - 3,882/sq. ft. |
| Mira Road East | 6,870 - 7,750/sq. ft. |
| Nalasopara (West) | 3,882 - 4,478/sq. ft. |
| Nalasopara (East) | 3,840 - 4,392/sq. ft. |
| Vasai Road | 4,732 - 5,668/sq. ft. |
| Naigaon (West) | 3,768 - 4,435/sq. ft. |
| Naigaon (East) | 4,138 - 4,732/sq. ft. |
Thane is the other market that is next to Mumbai in terms of location. New Projects in Thane is like the polar opposite of Navi Mumbai in several respects.
Thane has more big-branded developers of major townships vying against each other than maybe any other city in India today. As a result, developers in Thane are well ahead of those in Navi Mumbai in terms of best practices. Thane’s housing rates are more rational.
Premium constructions in decent places in the city are 30-40% less expensive than their Navi Mumbai counterparts. With superior connectivity and a thriving social infrastructure, the area has become a popular destination for professionals searching for a place to call home.
With these advantages, it’s convenient to declare Thane the victor of the Mumbai exodus. But it isn’t that easy.
Large townships and industrial activity necessitate infrastructure upgrades, and I never underestimate political parties’ ability to wreck a city in this regard.
The Thane Municipal Corporation’s annual budget is nearly Rs 3,800 crore, but no one can say with the city’s collapsing infrastructure. T Chandrashekhar, the TMC’s former leader, laid a stable base for Thane two decades ago, but it is gradually eroding.
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