6May
By In new projects in thane

Renting a home in Thane – Consider these locations

Renting a home in a city like Mumbai is no easy task. It is a mammoth task to find a locality that has every necessary amenity. If you prefer to live in a locality that gives you quick access to amenities and world class infrastructure, while the rental rates are also lower, you should seriously consider Thane. If you’re looking for rental flats in Thane, here are the best localities to choose from.

Ghodbunder Road: One of Thane’s fastest developing stretches of land, Ghodbunder Road has witnessed rapid development in every sense. The real estate industry in Ghodbunder Road is certainly booming. In the past few years, some of the most reputed developers have come up with new projects in Thane Ghodbunder Road, which are especially ideal for people looking to raise a family. Besides this, Ghodbunder Road is strategically located, connecting Thane to the Western Express Highway. Whether it is a home you wish to own or live in rented spaces, Ghodbunder Road is an ideal location.

Average rent per month: ₹13,000 per month for 2BHK and ₹19,000 per month for 3BHK

Majiwada: One of Thane’s oldest localities, Majiwada is well connected to the suburbs and urban areas of Mumbai. The chances of getting stuck in the traffic are significantly diminished, thanks to the Eastern Express Highway which allows you to drive signal-free, straight into South Mumbai within a matter of minutes. The Thane railway station is also close to Majiwada, giving access to local trains. Thane station also serves as a halting point for several out-station trains. Most people opt to rent out 2BHKs in this area.

Average rent per month: ₹15,000-₹17,000 per month for 2BHK

Thane West: Thane west is home to up-market localities such as Manpada, Kasarvadavali, Azad Nagar, Anand Nagar and Dhokali. Real estate in Thane West has seen the rise of several new luxury projects undertaken by renowned builders such as Hiranandani Constructions, T Bhimjyani Realty, Godrej Properties and Piramal Realty among others. Thane west has truly become a hot-spot with infrastructure that is developing at the speed of light. Besides, the rents here are also quite low. If you are living in a joint family setting, you could always rent 2.5 bhk flats in Manpada.

Average rent per month: ₹10,000-₹15,000 per month for 2.5BHK

Vasai East: Perhaps the most affordable locality in suburban Mumbai, the Vasai region of Thane is as developed as its others counterparts. But in the recent years, the area has received a huge face-lift with more and more developers storming in with good residential projects. Today, Vasai East is recognized for its semi-urban infrastructure and is a smart investment option, although not at par with areas like Manpada, Ghodbunder Road and Majiwada. Yet renting a home here is exceptionally affordable.

Average rent per month: ₹4000 for 1BHK and -₹7,000 per month for 2.5BHK

Read More
31Aug
By In new construction in Thane, new projects in thane, under construction projects in Thane

What to Know Before Investing in Under Construction Projects

You will find a lot of homebuying advice is often aimed at people planning to buy a ready-to-move-in apartment. However, what if the buyer wants to invest in an under-construction house or property? How will you know whether the house you are buying meets your needs and preferences? Buying an under-construction house definitely, offers a number of amazing options. It majorly includes flooring options, floor plan, how you want the cabinets in the kitchen to be and so on. However, it also calls for some additional challenges, including knowing how reputable and reliable your builder is. Before you finalise on the new construction in Thane or around, it is wise you do your study on the complex.

Here are some of the major aspects a buyer needs to do when investing or buying an under-construction property:

Check the Builder

The first step towards investing in an under-construction or upcoming apartment or property is knowing how reputable the builder is. Ensure the builder or company you are hiring is in this business for years. To ensure you are hiring a reputable company, read some reviews posted online, or ask around for some feedback. Talking with former clients is a great way to get all the details needed to make an informed decision.

Understand Your Floor Plan

For a person who is buying a house for the first time, it is of paramount importance to understand the floor plan which majorly consists of room sizes. If you are new in this, then do carry a measuring tape. A lot of real estate companies now offer the option of virtual reality technology for under construction projects in Thane and around. This lets you understand and see what will be built.

Get A Home Inspection

A lot of homebuyers often make the mistake of not doing a home inspection before finalising a deal. If you think your new house does not need inspection, then you are wrong. It is wise to get an independent inspection done before you close the deal. A professional home inspector can easily identify the problems, whether minor or major before a builder’s warranty expires.

Choose Square Footage Over Upgrades

Another major aspect one needs to consider when investing in an under construction and new projects in Thane and around is to think about how you plan to spend your limited budget. Say, for example, if you have to choose between the fourth bedroom and granite countertops, you are advised to go for an extra bedroom. The reason for the same is because adding an extra bedroom can get expensive later on. In short, go for square footage over upgrades.

Read More
HAVE A QUERY?

NAME*
EMAIL ID*
MOBILE NO*
INTEREST*
X
HAVE A QUERY?