Purchasing a property is a nerve-wracking task. There is just so much to think about. After all, buying a home is a life-long commitment, for most of us. With property rates sky-rocketing every single year, there are a lot of things to keep in account before we zero in, into the place we can call home. One popular area that is gaining attention for its affordable ownership homes is Thane in Mumbai. Here are some things you must consider if you are planning to buy a property for sale in Thane.
Thane is set for exponential growth: An integral part of the Mumbai Metropolitan Region or MMR, Thane is set for major infrastructure development plans. The MMRDA has already approved several projects making it a central location for exponential growth. With evolving socio-cultural infrastructure and increased commercial and retail spaces, Thane has truly become self-sufficient.
Thane has grown over 400% in the last decade: In the last decade or so, Thane has become the venue of several popular art festivals in Mumbai. To top this, 5 hospitals and 9 shopping malls have come up in just 8 years. Despite being one of the most rapidly developing parts of Mumbai, Thane is also a great place to live in, for its abundant greenery and fresh air, thanks to over 30 lakes and 50 gardens in the area. If you consider buying 1, 2 or 3 bhk flats in Thane, chances are that you will be living in a locality which has all the above mentioned amenities at a walking distance.
Consider the locality: Most locations in Thane have a high potential for growth in the near future. In order to get a return on your investments, you must consider purchasing a flat in an area which has superb infrastructure such as broad roads, connecting highways and good residential and commercial complexes. You could consider buying a home in an area like Ghorbunder Road or Manpada where there are good facilities for healthcare and education.
Advantages of booking an under-construction property: When you book a property that is under construction, you have the advantage of entering the market at a lower price point. You can also choose a flat when it is ready for possession. The payment cycle is also spread over the years. A thing to remember though is to choose a reputed builder like T Bhimjyani Realty, known for their Neelkanth Woods Olivia project.
Advantages of booking a ready-made property: If you’re tired of paying huge rents and in in a hurry to become a home-owner, you can consider purchasing a ready-to-move in property. This gives you the edge of getting a first-hand view of your vicinity and also gives you the time to get to know your neighbours. You can find ready-to move-in, 3 bhk flats in Thane for sale, easily.