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.