Why are the Stakeholders positive about Thane?

With ample availability of land, excellent connectivity and stable prices, Thane is becoming the first choice for end users. With high property prices plaguing the Mumbai realty market, Thane have always been the relatively affordable alternatives. End users seem to have become positive about Thane. Not just buyers, sentiments seem to be soaring among all stakeholders involved in the realty market as far as Thane is considered.

Boost to infrastructure and government initiatives, that would enhance development in the city, are the prime reasons for the positive sentiments. These factors are luring more buyers towards Thane, even though prices are higher than Navi Mumbai.

Let us delve a little deeper upon these factors.

Social and physical infrastructure 
“Renowned developers have launched their respective projects in Thane in the last three months. Ample availability of land and ease of connectivity to three main highways, Viz., Mumbai-Agra highway, Mumbai- Ahmedabad and Mumbai- Bangalore highway has attracted residential development here. With the advent of time lifestyle quotient of the city has also improved. The city houses several multiplexes, malls and showrooms for the shopping enthusiasts apart from basic facilities such as hospitals and schools.

Metro Corridor: Connectivity of the region is set to get a further impetus with the proposed metro corridor. As per MMRDA the Line 4 of the Mumbai Metro-Wadala-Ghatkopar-Teen Hath Naka (Thane)-Kasarwadavli- will directly connect Thane to Mumbai.  It is speculated that after the commencement the line would benefit 12 lakh passengers by 2031. The distance between Wadala & Kasarwadavli will be covered within 64 minutes. This will lead to a comfortable, speedy and air-conditioned journey for daily commuters. As per the inputs from Jha, almost 80 per cent of the construction of the first phase of the corridor has been completed.

Government Measures
Several measures by the government and municipal authorities have also added to the positivity among the stakeholders. Sentiments have surged on the back of expectations of a more a developed city.

Cluster Development: To begin with, a cluster development initiative has been proposed after a 20-year-old building in Kalwa collapsed. The plan is to repair and refurbish over 2,500 old and dilapidated buildings in the city

The Thane Municipal Corporation (TMC) City Development Plan: The plan is to scrap the 20-year-old existing plan. This will entail demarcation of roads, thus, lending more clarity with regard to additional space for development within the city. “A new development plan is the need of the hour because Thane is already very populated and traffic snarls are a major issue here.  If implemented, the new development plan would certainly give a much-needed facelift to the city,” adds Jha.

Stay in Thane at the most strategic location. PRESTIGE RESIDENCY OFFERS SPACIOUS 2 AND 3 BHK HOMES IN WAGHBIL, THANE Contact Us @ 022 25985951 / 9619493811

Why Ghodbunder Road is perfect Residential Option in Thane?

 

Looking over the past decade, Thane has developed to a self-sustaining metropolis from a small suburban town on the outskirts of Mumbai.

Thane has now become a city with slouching flyovers, uninterrupted highways and wide roads. It is has integrated townships and high-rise towers with various other budget properties including residential properties, as its commercial real estate sector has developed very fast.  Also there are various new upcoming projects coming in places like Ghodbunder Road.

The Kapurbawdi Flyover has become operational and considerably reduced traffic congestion in this region. The proposed monorail and metro rail will improve connectivity of Thane and Mumbai in its next phase is the major draw.

The rapid development of real estate and infrastructure had led to hike in residential and other property prices seen in all locations in and around Thane between 2010 and 2012, has gone up by 20-25% according to the property consultants here. This hike has also changed the Property Buying pattern of Individuals. Nowadays, people’s perspective of buying budget properties has been changed.  They prefer a complex with good security and recreation facilities for kids by not minding the distance from the main city within their budget which now they easily find in properties of Ghodbunder Road like Prestige Residency.

Why to choose Ghodbunder Road for Buying Property in Thane?

New inventories

Ghodbunder Road has a lot of fresh inventory, driven by several infrastructure initiatives and good transportation connectivity in the pipeline.

Metro to be arrived

The development authorities in Ghodbunder Road have planned a monorail network which will not only serve as a feeder system to a Metro project planned but also hike up the value of property in Thane. The MMRDA has finalized a Metro corridor, extending from Wadala to Kasarvadavali on Ghodbunder Road which also makes it as a preferred residential property spot. Due to this various people prefer to Buy Flats in Thane at Ghodbunder Road. Also various projects have launched for all type of individuals to buy property. There are various luxurious 2 BHK and 3BHK flats and also affordable 1BHK and 2BHK flats at Ghodbunder Road, Thane.

Commercial Development

There’s a lot of commercial development seen in Ghodbunder Road of Thane. Apart from the coming MGM IT Park, in real estate sector, new corporate offices with residential properties and other commercial establishments such as retail outlets, malls, showrooms and banks are mushrooming all over. The Kapurbawdi Flyover has become operational and considerably reduced traffic congestion in this region. The proposed monorail, which will connect Thane to the Western suburbs in its next phase, is the major draw.

Quick Accessibility

The Ghodbunder road provides quick accessibility to Mira Road from Thane, and to other micro-markets such as Mulund, Bhandup and Ghatkopar. Ghodbunder Road is approximately 20 km long and links the two main arterial roads of Mumbai, the Eastern Express Highway, starts at Sion and terminates at Thane, while the Western Express Highway, starts at Bandra (East), becomes the National Highway leading to Gujarat.

Futuristic Nature

Due to the rapid development especially in real estate sector, the area has attracted many reputed developers, leading to a surge in launch of many affordable and premium housing projects which is directly the reason of the emerging upcoming projects of Ghodbunder Road. The area is interesting to developers primarily due to the easy availability of large land parcels. From the budget property flats to premium properties, the area offers a wide assortment of housing options. There are also some projects offering Premium Flats around greenery like Hill View and Sliver Oak by Prestige Residency.

Reasonable and luxurious Apartments

Newly launched multi-storey apartments vary between Rs 40 lakh to Rs 2.5 crores. The average property prices of this region range between Rs 8,000 and Rs 10,000 per sq ft, and annual appreciation has been to the tune of 7-10 per cent, depending on the specifications of the project and amenities offered. There are various builders in thane offering reasonable and luxurious apartments. Some builders offer Specious 2 BHK and 3 BHK Apartments at Ghodbunder Road of Thane for High Class Segments. Some Builders offer Affordable 1 BHK and 2 BHK Apartments for Middle Class Segments. So, you can find both luxurious and reasonable apartments at Ghodbunder Road, Thane.

Access to Facilities

Various apartments in this area are possible because the residential properties here offer several amenities like Gardens, Jogging Tracks, Gym, Club House and Swimming Pools. Most of the families basically look for roads, parking space, gardens for children, security, and pipe-gas connection among others. Another reason is that the space crunch this side is lesser compared to the main city area. Also, the tenants look for proximity to markets, schools, malls, hospitals.

There are also various attractions near Ghodbunder Road, Thane.

- Bastion on the Fort
- Versova Bridge
- Old and New ruins on the Fort
- Church at Gai Mukh named as ‘OUR LADY OF HOPE’
- Suraj Water Park

- Malls

Currently we have two projects in Ghodbunder Road offering Specious 2 BHK and 3 BHK Apartments in Thane. Contact Prestige Residency for more information on our projects at Ghodbunder Road, Thane @ 022 25985951 / 55.

Buying a luxury apartment - remember this key points

Planning to Buy Luxury Apartment in Thane?  Confused about what all points you should look for before Luxury Apartment or Flats. With the various advertisements, SMS and Hoardings you are confused.  So what is the serious buyer to do? What does he or she use to filter the run-of-the-mill from the truly uber-luxurious? How to sift out that haven among homes in which to invest? These are the Key Points which you should remember while buying Luxury Apartment in Thane.

Look for a prime neighbourhood– Whether for investment or for one’s own use, a truly luxury property cannot claim the tag if it doesn’t sit in a prime and accessible neighbourhood. Key factors to look out for are is the location in which the Apartments are is Luxurious. Next, ensure easy entry and exit from the property itself, all the luxury and amenities within the development fall flat if entering and leaving it will entail being caught in a snarl of traffic right at the gate. Take a drive around the development you intend to invest in and ensure that it’s in a crime-free vicinity that’s reasonably noise and pollution-free surroundings also the property is Surrounded by Greenery.

Ambience of the property– We’ve all seen ‘Luxury’ projects consisting of building after building with a warren of apartments in each, all leading to a feeling of extreme density. Now coming to the homes themselves, a major factor is floor-to-ceiling height. Anything less than 12 ft. seriously hampers the warmth and openness of the home and will come in the way of achieving a relaxing ambience. There should also be Luxury Space in your Apartment.

The mod-cons you need– Most luxury projects leave no stone unturned nowadays in offering all the mod-cons available – concierge services, business centres, indoor games, play areas and facilities, landscaped areas, convenience stores. The sky’s the limit for the discerning buyer and it’s really up to one’s own requirements as far the conveniences are concerned.

Discreet Security– Luxury Apartments or Flats offer security, both in terms of personnel and electronic surveillance, but unobtrusively. This aspect is key to luxurious living; the absence of jarring elements in ensuring residents’ safety, especially ugly window grilles.

High build-quality- The check-list should include earthquake-resistance factors built into the property, fire-safety measures in place, quality of the bathroom and modular kitchen fittings, tiling, attention paid to recycling water and waste etc.

These all are Important Key Point which you should keep in mind while Buying Luxury Apartments in Thane. Hill View offer Best Luxury Apartmentsin Thane. Contact Us to Know More @  022 25985951 - 55