25Jun
By In flats in Thane West

5 Great Reasons To Invest In Thane Properties

Once upon a time in Mumbai, there was an area that people neglected. The area was treated like an abused step-child because of its smoke inducing factories and industries. Then one day a group of wise men, known as realtors decided that this abused locality needed a face-lift. Like the fairy godmother in the Cinderella story, these real estate companies made people stand up and take notice of this Mumbai locality, known famously as Thane.  Yes, investing in a property for sale in Thane has now become a fashion. Find out why.

The prosperous legacy of Thane: Thane residential complexes offer great proximity, both to nature to the rapid infrastructural development. Realtors have spent days and years on end, revamping and enhancing this Mumbai locality since 2009. In just 5 years, the property rates in Thane have witnessed a 300% growth. Many offices have also shifted here which has resulted in newer employment opportunities. Thane is all set to generate even more capital appreciation in the real estate segment in the years to come.

Thane has caught the eye of realty giants: Realty giants, for years looked at Thane as an area with a great potential. Today, this Mumbai locality boasts of marvellous constructions by the best realtors in the business, from Godrej Properties to Neelkanth Realty and Piramal Realty to Lodha Group. Each of these real estate companies, have left their signatures in the Thane skyline. Besides, it is only in Thane that you can live in a residential complex with spectacular views of nature.

An optimum blend of commercial and residential complexes: With fewer employment opportunities, schools and hospitals, Thane residents used to waste several hours a day on the commute. But with Thane’s holistic growth and development in the last decade, the city has seen a rise in reputed schools, colleges, health care centres and shopping and entertainment hubs. Like the commercial complexes, posh residential complexes have emerged in areas like Ghodbunder Rd, Mapada and Thane west with investors especially purchasing flats for sale in Manpada.

Thane’s improved connectivity: You can connect to any part of urban and suburban Mumbai, as well as Navi Mumbai via JVLR, SCLR, Ghodbunder Road, Eastern Freeway, NH 8 etc. It is also connected to the Mumbai railway network through the Thane-Panvel Rail line and Central Harbour Rail Line. Furthermore, a metro line between Thane and Wadala is in the offing, which can reduce travel time by half. The MMRDA has many other plans for connectivity.

Thane is family centric: Thane is one locality where your entire family can live in comfort, without compromising on the quality of lifestyle. You can purchase spacious flats that can accommodate joint families comfortably, that too at reasonable prices. T Bhimjyani Realty also known as Neelkanth Group is credited with building the best family centric residential neighbourhoods in Thane.

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18Jun
By In 3 BHK flats in Thane

Top 3 Thane Localities to Invest in

Finding an affordable home in one of Mumbai’s posh localities is like searching for a needle in a haystack. Finding a home, that is both affordable and close to great infrastructure and facilities is almost impossible. You have to compromise on one of the two factors. This was the story of Mumbai for the longest time, until one-day, Mumbai’s Thane locality received a major makeover. Today, Thane has gone from being the ignored middle child to the over-achieving neighbourhood kid everyone boasts of knowing. If you are considering buying 1, 2, 3 or 3.5 BHK flats in Thane, you can find great properties in the following localities.

Ghodbunder Road: The Ghodbunder Road locality is one of the fastest emerging localities of Thane, thanks to the availability of educational and health care facilities, great public transportation facilities and several hubs of entertainment close by.  In the past few years, people have been investing in this locality, not only for its great infrastructure and facilities, but also because it offers rapid connectivity to Mumbai’s Eastern and Western Express Highways, which reduces travel time by hours. Furthermore, the area has seen speedy development in the real estate sector, particularly in residential projects.
 
Manpada, Thane West: A former industrial area, Thane West is now transforming into a posh Mumbai locality with real estate companies like Godrej Properties, Piramal Realty, T Bhimjyani Realty and Hiranandani Developers, setting up 1, 2, 3 and 3.5 BHK flats in Manpada and other upmarket localities like as Kasarvadavali, Dhokali, Anand Nagar, Azad Nagar. Thane’s western side has seen a great boom in real estate in the last decade or so. You can ensure comfort and financial security for your family by purchasing 3 BHK flats in Manpada. Despite this, Thane West remains considerably affordable for real estate investment.

Majiwada: Majiwada is one of the oldest Thane localities, which is also reasonably affordable. It is just a few minutes away from the Eastern Express Highway, which allows you to travel from one end of the city to the other in record time. Besides, Majiwada is also close to the Thane Railway station, from where you can get easy access for out-station travel. This Thane locality is home to several residential complexes, coming up with 1, 2, and 3 BHK flats in Thane. Everything you need to get by, from supermarkets to mega malls is in close vicinity.

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12Jun
By In neelkanth woods olivia

Everything you need to know about buying a property in Thane

Purchasing a property is an intimidating task. It is akin to sitting on the KBC hot seat and getting stuck at a tough question. You may research or study everything you need to and still require an expert’s advice to bail you out, to win the jackpot. Likewise, investing in the right property is nothing short of hitting a jackpot. These days, investors in Mumbai have shifted their attention to the city of Thane, which is witnessing a real boom in terms of development and infrastructure. People are buying, 1, 2 and 2.5 BHK flats in Thane West, East and its surrounding areas. If you too are considering investing in Thane, here’s why it is a good decision.

Thane is for anyone seeking an elevating lifestyle

Thane has become a hot-spot for residential and commercial complexes, with several malls, education and health-care centres. Despite witnessing a 400% hike in development within 8 years, Thane is far from done. According to the Mumbai Metropolitan Region (MMR) there are several more infrastructure development plans in the offing approved by the MMRDA. Purchasing a 2 or 2.5 BHK in Thane is ideal for your family’s financial security and comfortable lifestyle. With Thane’s position as a central location, experts have been predicting exponential growth. The city has already moved into a self-sufficiency model.

The locality you select becomes the determining factor

The first rule of real estate investment is selecting a locality with a high potential for future growth, as well as one which is easily accessible. If you are living in a locality like Manpada or Ghodbunder Road, known for fantastic infrastructure such as broad roads, connecting highways and well planned residential and commercial complexes, you can expect great returns on investment in the near future. If you like a locality with, great development and infrastructure and a massive green cover, then the Neelkanth Woods Manpada project in Thane is ideal for you.

Expectations from the future

In the past 5 years, both Ghodbunder Road and Manpada have undergone a major face-lift. These former forest-land stretches have now become a major link between the Eastern and Western Express highways of Mumbai. These areas have become major hubs of residential and commercial property, while also fitting the budget of the average middle-class family. Investing in a project like T Bhimjyani Realty’s Neelkanth Woods Olivia residential complex can prove to be an extremely lucrative investment.

The best residential project in Thane

The ideal way to invest in residential projects is to shortlist projects being promoted by reputed real estate developers. You must also consider their track record regarding the quality of construction and timely completion. The Neelkanth Woods Thane project comes with parking facilities, play areas for kids, community halls and lots more, while also offering great accessibility to markets, schools, hospitals etc.

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7Jun
By In new residential projects in Thane

The NRI’s guide-book for property Investment

Most Non Resident Indians (NRIs) hear stories from friends and family in India who’ve made tremendous profits in the real estate industry. This makes them deliberate using their savings in foreign currencies to purchase real estate in their home country. But most of them are not familiar with the rules and regulations of real estate investments, which let’s face, it can be pretty complex. Since NRI property investment in India is extremely lucrative, we’ve listed out some points that can facilitate your decision to invest in the sector.

Why should NRIs invest in Indian real estate?

In the recent years, investors have earned over 20% annual returns in the Indian real estate industry. Real estate investments help grow your corpus rapidly, if invested in localities with high-growth potential. The growth in India’s, particularly Mumbai’s urban areas, coupled with the influx of people from different parts of the country has paved the way for Mumbai to emerge as one the largest contributors to world economy. Mumbai’s Thane area particularly, is seen as a profitable site for real estate development with several state-of-the-art residential and commercial complexes being planned. Investing in new residential projects in Thane can prove extremely fruitful and yield great returns for NRI investors, since they are in a unique position to take advantage of this situation.

What are the best places in India for NRIs to purchase property?

Suffice to say that not all property markets yield equal returns. NRIs must examine the nitty-gritties of the market in which they wish to invest. A good rule of thumb is to invest in cities that have a fast population growth with continual influx of people. Also, investing in cities where people make the highest incomes, but the property prices are such that an average middle-class man can afford, is a safe bet. Investing in the countries metro cities like Delhi, Chennai, Kolkata and Mumbai can be intimidating. If you still wish to invest in Mumbai, you should consider putting your money into an area like Thane, which is witnessing a big boom in terms of its real estate. If you must invest in Mumbai, then new projects in Thane Ghorbunder Road and other popular areas in Thane is a great option. NRIs looking for high potential property investments should consider investing in Thane and other new-economy cities like Bangalore, Hyderabad and Pune.

How should NRIs go about with the investment?

After doing your due diligence and thorough research, NRIs can finalize a residential or commercial project they wish to invest in. It is recommended that you select a project being constructed by a reputed real estate company with years of experience. Some of the best real estate companies in India include Godrej Properties, Oberoi Realty, T Bhimjyani Realty, Lodha Group and Prestige Group. You can visit the NRI corner on the website of these real estate companies or speak to them on their helpline number for guided instructions.

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3Jun
By In Real Estate Companies in Mumbai

Top 5 Real Estate Companies in Mumbai for your next home

Owning a home in a city like Mumbai is a distant dream for the average middle-class man.  It involves living frugally and saving vigorously for years, just so that one can afford a permanent roof over their head. With a little aid from bank loans, and the right guidance from established real estate companies in Mumbai, you too, can fulfil your dream of becoming a home owner in one of the many skyscrapers that stand tall in the city. If you’re ready to make this life-changing move, ensure you purchase your home from a reputed builder, such as the ones listed below.

Lodha Group: One of Mumbai’s most trusted names, Lodha Group has been in the real estate industry since 1980 and is well known for developing great residential complexes, one after the other. This Mumbai scion is credited with building towering skyscrapers from the north to the south and the west to the east in Mumbai with projects from Dombivali in Thane to Napean Sea Road in South Mumbai.

T Bhimjyani Realty: A Mumbai real-estate stalwart, T Bhimjyani Realty boasts of an experience of over 40 years in the industry and is one of the most trusted real estate companies in the city. T Bhimjyani Realty has made a name for itself as one of the premier real estate developers in Thane, with a knack for creating superior quality residential complexes, nestled in the middle of Thane’s green cover such as the Neelkanth Woods project. The real-estate giant has earned a reputation for delivering projects on time without compromising on the quality.

Godrej Properties Limited: An Indian Company that has made its name in almost all sectors of business, from FMCG products to consumer durables, Godrej Industries branched out and entered the real estate sector in 1990 with the establishment of Godrej Properties Limited. GPL was one of the first companies to obtain ISO certification, and has since developed more than 82 million square feet of properties across several prime locations in Mumbai.

Hiranandani Developers Pvt. Ltd: With an experience of over 4 decades in the real estate industry, Hiranandani Developers are known for being proficient in every aspect of real estate from education to health care and entertainment to hospitality. The company is synonymous among customers for their reliable, sturdy and excellent architecture that is clearly visible from their project in real estate in Thane West, East, Powai, and other areas of suburban and urban Mumbai.

MICL Group: MICL Group is part of the parent company Man Infra Construction Limited that was established more than half a century ago. The company branched out into the development sector in the last decade and has already made a mark with its excellent construction and delightful customer experience. This self-contained brand boasts of its own in-house construction workers and development experts, making it one of the best real-estate companies in Mumbai.

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