The upcoming emerging Thane (Vartak Nagar) real-estate hotspot
THANE – Vartak Nagar Adventures:
In Thane Vartak Nagar was known for its narrow lanes and deplorable infrastructure. Real Estate in Thane a residential suburb, it has low-rise buildings and houses manufacturing workers from nearby factories. Is witnessing rapid urbanization and, therefore, Vartak Nagar has also seen a significant upgrade in terms of both civic and social infrastructure. The new developments made the area a popular real estate destination for Mumbai Metropolitan Region (MMR) residents.
img1: Best infrastructure in Vartak Nagar
The Vartak Nagar train station is very well connected. The area is situated only 4.5 kms from the railway station in Thane. Once built, the proposed Metro station (Line 4) at Cadbury Junction would only be 1.7 km away. It also has excellent road connectivity via Eastern Express Highway to the central suburbs, and through the Western Express Highway to the western suburbs.
It is situated close to Wagle Estate. There are also opportunities for jobs in several offices and in the adjacent areas for commercial development. Thus the idea of a walk to work can be discussed. The proximity to the serene Upvan Lake and its spectacular view of the scenic Yeoor hills have become the main drivers of the region’s consistent growth in real estate.
It has increased demand for residential properties with excellent social infrastructure consisting of nearby malls, schools, and hospitals. There is already an abundant supply of parcels of land at competitive prices. There is already an abundant supply of competitively priced parcels of land.
The Thane civic body’s ‘ Vision 2031 ‘ also focuses on connectivity and capacity building in and around Vartak Nagar, with Thane being part of the Smart City project. There’s no way all of this will fuel the development of the locality. Property & projects in Thane given that the area is in its early stages of growth and has tremendous market potential, a bright future can be assured as Vartak Nagar is expected to become one of Thane’s most successful and new housing destinations as well as the MMR district.
img2: Real Estate in Vartak Nagar
More than 70 percent of these launches fall in the price bracket of the mid-segment (INR 60 lakh – INR 1.2 crore), which is certainly the target range for mid-income homebuyers in the MMR.
Although the average quoted property prices in Vartak Nagar are slowly increasing on the back of continued demand from budget home seekers, at present they still range very affordably between INR 9,000 – INR 13,000/sft.
Raunak Group is one of the developers that is actively involved in the Thane area and with its very first project – Raunak Residency – as has now begun redevelopment in the Vartak Nagar district. This project offers well-planned homes with 1 and 2 BHK in Vartak Nagar, No1 Pokhran Avenue. A project registered by MahaRERA, the building is on full swing. This is the ONLY renovation in Vartak Nagar, where the tenant’s building and the sales-building have separate compounds and are separated naturally by a lane.
To fulfill your dream of living at an affordable price, in a luxurious house. Here the apartments are comfortable, new, spacious and open to the magnificent views of the city. Your home here, like never before, will give you a view of Thane.
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