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.