Thane VS Navi Mumbai

Introduction Thane VS Navi Mumbai 

Thane and Navi Mumbai offer residents a high standard of living. But there are some factors you should consider before buying a house. Here is a thorough comparison between Thane and Navi Mumbai to help you choose the ideal house. To learn more about the connection, infrastructure development, real estate developments, return on investment, and property rates in both locations, read this article.


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For Purchasing Property, Compare Navi Mumbai To Thane

A variety of factors need to be considered when purchasing a home in a certain location, such as the area’s property price trend, infrastructure development, connectivity, ongoing real estate initiatives, and return on investment.

To decide if Thane or Navi Mumbai is the best place for you to buy a home, let’s examine each of the factors in more detail.

Thane East

Since 2021, Thane East has seen an increase in the average price per square foot of flats. Currently, an apartment costs Rs 13,397 per square foot on average.

 Thane West

Since March 2022, Thane West’s average flat price per square foot has been rising. But ever since, the market’s price has been largely stable. Currently, an apartment costs Rs 12,760 per square foot on average.

 Navi Mumbai

The average price per square foot of apartments in Navi Mumbai, on the other hand, fell until March 2022 and then surged to Rs 9176 until June 2022.

According to these trends in real estate prices, apartments in Navi Mumbai are currently less expensive per square foot than those in Thane.

Infrastructure in Navi Mumbai and Thane :

Thane

Over the past twenty years, Thane has undergone continuous development. Real estate developers started moving into the region to build commercial and industrial buildings.

One of India’s newest smart cities, Thane, is already undergoing a number of changes.

Because it serves as a hub for numerous MNCs and well-known companies, Thane offers dependability.

Syntel, Clariant Chemicals, Wool Research Centre, Navnit Motors, and many other companies work to keep Thane a key commercial hub.

 Navi Mumbai

The City and Industrial Development Corporation (CIDCO) in Navi Mumbai is in charge of the area’s development.

Vashi is the area with the best communication between Thane, Panvel, and Mumbai. Belapur is home to a number of government institutions, including the CBD Belapur Consumer Court, the Maharashtra Public Service Commission Office, and CIDCO.

Job opportunities can be found in Navi Mumbai’s many SME offices. Kharghar is another region that is expanding quickly.

In Vashi and Kharghar, there are shopping malls, banks, fitness facilities, dining establishments, schools and colleges, parks and clubs, multispecialty hospitals, etc.

Thane already has social infrastructure like malls and entertainment venues, whereas Navi Mumbai’s infrastructure is still in the planning stages.

 Thane vs. Navi Mumbai Connectivity :

Thane

The Green Line Metro, which will connect Thane to various other metro stations such as Gaimukh, Andheri, Knajurmarg, etc., is now being built.

Thane is around an hour’s drive from both T1 and T2 airports. From Thane, you can access the Eastern Express Highway with ease.

Navi Mumbai

The distance between T1 and T2 of the Mumbai International Airport and Navi Mumbai is one hour and fifteen minutes by car.

On the other side, Navi Mumbai is growing to become the infrastructure for integrated connectivity.

Due to its proximity to important locations, Navi Mumbai’s connectivity is therefore more seamless than that of Thane.

For the time being, Navi Mumbai residents use the Sion-Panvel Highway, while the proposed Trans Harbour Link Road would enhance connectivity between Ulwe and South Mumbai.

Projects For Real Estate In Thane And Navi Mumbai :

Due to the abundance of well-known projects, Thane and Navi Mumbai’s real estate markets are comparable.

 Thane

The typical price per square foot in Thane ranges from Rs. 8,000 to Rs. 25,000.

Popular builders Lodha, Dosti, Piramal, Hiranandani, and Puraniks are a few who created their masterpieces in Thane. The projects include Lodha Amara, Piramal Vaikunth, Dosti West, Puraniks Unicorn, etc., that are always in demand.

Navi Mumbai

Due to the increased demand for residential units, various developers, including Arihant Superstructures, Sai Developers, IndiaBulls, and others, have invested in Navi Mumbai. Apartments in Navi Mumbai cost between Rs. 12000 and Rs. 30000.

These developers have created a number of residential developments, including L&T Seawoods, Marathon Nexzone, Arihant Aspire, Adhiraj Mainland, etc.

 Thane And Navi Mumbai Return On Investment Comparison :

Thane

Thane’s real estate price increase has been more consistent since end users are increasingly choosing an urbanised town with city-like services.

Data show that during the past four years, local real estate values have climbed by up to 7%. The intersection of the proposed Metro line with Thane will see a huge rise in property prices as a result.

Navi Mumbai

Property values in the area have risen by 11% during the last 50 months.

Kharghar, Ulwe, Kamothe, Panvel, and Airoli are some of the most sought-after locations in Navi Mumbai, with typical home prices between Rs 6,000 and 9,000 per square foot.

 

Navi Mumbai Houses a Real Estate source is the most trusted names in the market believes that master pieces can only be achieved by the client’s satisfaction. So that you can give your quality time with your loved ones is actually worth enough.

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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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