Infrastructure push unlocks land in Thane and beyond
Investors are drawn to Thane’s transformation from a forgotten corridor to a growing micromarket. Some of the factors luring prospective buyers to Thane include improved connectivity, development prospects, bringing city development plans to life, the potential inclusion of some areas inside the municipal corporation limits, and affordability.
Director of New Sky Infrarealty Marketing Pvt Ltd Danish Bhagat claims that the Panvel-Bhimashankar-Chakan Highway will cut the distance between Mumbai and Karjat by 21 kilometres. The commuters from Karjat to Khopoli or Pune would profit from the Neral-Badlapur Highway. Karjat is also anticipating the opening of a multidisciplinary university, a project of a prominent business tycoon.
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The Majiwada Junction Flyover makes it possible to avoid Thane’s busiest roads, according to local realtor Affan Ansari. With careful planning, Kalyan would be easily accessible for commuters from Mumbai. Similar to that, this flyover, which is now partially operational, promotes connectivity to and from Mumbai, Nashik, and other regions. Where the majority of economic drivers are. Therefore, the three propose flyovers are being built in stages and facilitate travel whether you work in Borivili, Malad, or Mulund.
Ghodbunder Road, which supports both commercial and residential growth, is Thane’s busiest residential area, with several new projects currently under construction. In Mumbai, accessibility to the Eastern and Western Expressways has been important.
Neral is a town close to Matheran at the Sahyadri foothills. The area’s pleasant climate adds to the affordable cost of real estate in this area. “Matheran and surrounding areas have strong tourism potential, and many investors are interested in buying a second house here. According to a local realtor, the social fabric is sufficiently strong enough to meet the needs of the inhabitants.
Infrastructure push unlocks land in Thane and beyond
Due to its growing infrastructure, Neral is also being called the “new Badlapur.” “While much of the development in Badlapur happened because of Ambernath and proximity to Thane, Neral is a close beneficiary due to its proximity to Badlapur,” says Vikram Gadekar, proprietor of Sree Vriddhi Properties. Although Neral is being mention as the next beneficiary of infrastructural development, Vangani and Shelu are closer to Badlapur.
Neral is a part of the Gram Panchayat, but local realtors predict that as the population of Neral increases. it will be include into the corporation’s boundaries.
Due to its tourism potential and the efforts of local officials, Titawala, which is a part of the Kalyan Dombivli Municipal Corporation (KDMC), is developing quickly. “Efforts are in the right direction to construct concretized roads, give enough water supply, monitor subterranean drainage, and enhance infrastructure. ” Says RK Sonawane, Commissioner of KDMC.
Sonawane continues, “As for West Kalyan, there has been a sizable housing demand and the area is fast increasing.
The City Development Plan (CDP) of KDMC may serve as motivation for potential buyers. The Towala lake repair project in Titawala is mention in the CDP that was introduce in 2007–2008, along with the need to improve the area’s physical and social infrastructure because it is a popular pilgrimage destination for people from all over Maharashtra. Additionally examined are water treatment facilities, drinkable water supplies, and subsurface drainage.
Infrastructure push unlocks land in Thane and beyond
According to CDP consultant and coordinator Subhash Patil of Subhash Patil and Associates. “All the initiatives list in the CDP have either been finish or are under process.”
The real estate in Murbad and Shahapur was very different five years ago. More developers starting their projects here, the availability of clear title plots, and the region’s potential due to its closeness to NH-3 and the Delhi Mumbai Industrial Corridor (MIDC) are all indications of improvement, according to Arun Pawar of Savvy Realtors & Investment Consultants.
Four dams in this industrial sector provide a significant portion of Mumbai’s water supply. Pawar explains that as a result, it has been designate a no-chemical zone.
All of the aforementioned places have a solid social structure and access to enough water and power. As a result, both Mumbai and Pune-base investors and the local labour are equally interest in real estate in this area. Property prices could soon increase, according to trend observers, due to rapid development. Utilize this time to its fullest!
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