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.