12Nov

Thinking of Purchasing a Property in Thane- Consider These Features

Mumbai’s Thane locality once had the reputation of being far-removed from the city. Travelling to Thane was considered very hectic. Besides, it was always regarded as an industrial area known for its smoke-emitting factories that contributed to a lot of air and noise pollution. But in the mid 2000’s Thane began getting a face-lift when builders like Neelkanth Realty, Piramal Realty, Lodha Group etc., began recognizing the true-potential of this Mumbai neighbourhood. Thane’s 360 degree make-over resulted in the birth of an affordable locality, ideal for the perfect family life. If you are considering purchasing a home in Mumbai, make sure you consider a property for sale in Thane. Here’s why:

Realty developers have spotted a diamond in the rough: Thane was always treated by industrialists as the unwanted step-child until real estate companies began taking notice of its potential. Real estate builders like Neelkanth Group by T Bhimjyani Realty, Godrej Properties Limited, Rustomjee Constructions, Hiranandani Group etc., recognized the space value that Thane offered in the otherwise crowded Mumbai city and came up with several phenomenal and spacious residential projects. This also attracted the attention of Mumbai’s affluent folks who began investing in Thane.

Public travel facilities: Getting around in a big city like Mumbai, especially by local trains in the rush hour traffic can be an absolute nightmare. Thankfully, Thane serves as an originating and terminating station, which makes it easy for one to board and alight from trains. Furthermore, Thane railway station also serves as an important junction from where you can board out-station trains to most parts of the country. Besides the already available BEST buses to various parts of the city, the Thane Metro project is set to make travelling in and out of the neighbourhood even more convenient.

Thane is Mumbai’s new “it” neighbourhood: The popularity of Thane in the last decade has sky-rocketed. Thane has become the perfect place to hang out with your family and friends; whether you want to catch a movie at one of the numerous multiplexes, go fine-dining or just indulge in some good old retail therapy, Thane spoils you with innumerable options. The shopping malls in the neighbourhood house some of the most prominent national and international brands. You can opt to purchase flats for sale in Manpada, Ghodbunder, Majiwada, Thane West or any other Thane area and still be just a stone’s throw away from all the places where the action is happening.

Fantastic everyday amenities: Apart from shopping malls, fine-dining restaurants and entertainment centres, Thane is also home to some of the finest international schools and health care centres in Mumbai. It has become Mumbai’s Information Technology hub as well, with many corporates and businesses shifting base to Thane. Purchasing a property for sale in Thane and living here is ideal for working professionals with children and older parents as you get all the necessary facilities in the distance of a few kilometres.

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30Aug

4 Things To Do While Buying a New Property in Thane

Mumbai’s Thane neighbourhood has become like the new Bandra, Juhu or Colaba. Investors are putting in a lot of money in this Mumbai neighbourhood. With some already available fantastic amenities in place and better facilities in the piping (the thane metro, for example), the Thane real estate market has certainly become lucrative. It is no wonder that the affluent want a piece of this cake. So if you are considering purchasing a property for sale in Thane, you must ensure that you do the following things.

Begin by assessing your requirements: There are three things to assess when you start on the journey of purchasing your dream home. These include your realistic financial prospects and goals, your current lifestyle and your long-term planning. You want to find a place that is both, easy for you to commute to your work, as well as one that is child-friendly and close to educational institutions, if you have or are planning to have children in future. You also have to decide your budget and the amount of loan you may require.

Pay attention to the locality: Investors interested in purchasing homes in Thane will be pleased to know that the locality has been awarded as one of the promising cities in India by the First Smart Cities council. In your research, you will find that Thane has several posh localities which boast of good schools, shopping malls, entertainment centres etc. Buyers should select projects by reputed builders like Hiranandani Constructions, Godrej properties and Neelkanth Group also known as T Bhimyani Realty. The latter’s Neelkanth Woods Olivia project is ideal for people who love the spoils of nature.

Enquire about the past and current projects by the builders: When purchasing a home, it is necessary to enquire about the credentials of the realty companies. Selecting a company which has been in the real estate business with decades of experience, and is known for timely handover of flats is important. A renowned and experienced realtor is likely to have a good project delivery record. A developer like Neelkanth Realty, with a credible reputation and goodwill, can also help you with the finance process.

Review the project plan: While you can trust your realtor, you should also do your homework and ensure that you scrutinize the layout plans so that you get everything promised by the builder. Since Thane has become a hub for residential properties in the last few years, every builder offers a host of amenities that include things like yoga centres, club houses, swimming pools, children’s play areas, common halls and sports pavilions. However, you shouldn’t just get swayed by the amenities and check if they suit your needs. You can then consider purchasing flats for sale in Manpada, Ghodbunder Road, Majiwada and Thane West.

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25Jun

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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19May

The new face of Thane – Why the Mumbai locality has become a hot-spot for home investment

The crème de la crème of Mumbai, have, for decades purchased land in uber-rich areas of Mumbai like Cuffe Parade, Hill Road and Juhu. But in the last five years or so, the often under-rated area of Thane, has become a hot property. In fact, according to a report, Thane has become one of the top 20 cities in the world in which the affluent are investing their wealth. Real estate developers in Thane are being sought by investors who are convinced that Thane is the new face of Mumbai. So what has caused Thane to become a Mumbai hot-spot?

Thane as an IT hub: Most information technology companies in the urban areas of Mumbai have shifted base to Thane, giving it the reputation of an emerging technology and service industry hub. The reason for this is simple; the rents in Thane are lower and the properties, larger in size. Companies prefer to pay a rent for a bigger working space as opposed to smaller spaces in the posh areas of the city.

Superior quality infrastructure: Purchasing 1, 2 or 3 bhk flats in Thane areas like Ghorbunder Road, Manpada, Kasarvadavali and Majiwada give you access to good national and international schools. There are also good healthcare facilities available on demand, as well as premium malls. Besides these, travelling in and out of Thane has also become convenient, thanks to the local transport network and well-designed bus routes.

Industries and factories have closed down: Thane was once known for its industrial units and factories. It has now paved the way for premium real estate projects. With the closing of these industrial units and factories, the stench emitted from the factories and the air-pollution is no longer a nuisance. In fact, if you purchase a property for sale in Thane, you are looking at living in an area with wonderful lakes and gardens.

Lower prices make properties desirable: Unlike those posh areas of Bandra, Colaba, Nepean Sea Road or Juhu, purchasing flats in Thane, is so much more economic. The lower price factor, coupled with all the modern amenities in place, makes purchasing a flat in Thane, a worth-while investment. Purchasing a property here does not hamper your bank balance, as compared to the posh areas where you must pay excessive amounts. Thane is truly a great alternative for property investment.

The emergence of the real estate industry: With Thane emerging as one of the better areas in Mumbai to live in, several high-profile real estate developers in Thane and Mumbai, such as Hiranandani Constructions, Godrej Properties, T Bhimjyani Realty, Runwal Builders, Piramal Realty and Rustomjee builders have started projects in the city. In Manpada and Ghorbunder, Neelkanth Woods Thane by T Bhimjyani Realty has become a premier property to consider.

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2May

Buying a House in Mumbai – A guide to taking the right steps

One of the most over-whelming feelings one can ever have is when they set out to purchase their dream home. There is so much to think about. Do you want to buy a brand-new property or an existing one? Do you want a home that is ready-to-move in or one that is under construction? Will you be able to afford it? Making these decisions is no easy task. Here are a few things you must remember when you become a home-owner, or are planning to become a home owner in Mumbai.

Take your time to decide: Buying a home in Mumbai is really expensive. You must find your potential property and figure out what you expect from your locality in terms of amenities offered, specifications and features. Next, you must tour the properties and see which ones fulfil your needs and whether they suit your budget. If you have really set your mind on becoming a home-owner in Mumbai, you could consider buying a property for sale in Thane, one of Mumbai’s poshest localities in the making.

Find the right realtor: It is important to find, not only the right agent but also the right realtor. You must look for established realtors who’ve set up prestigious projects along with the right agent with adequate knowledge about the locality you intend to live in. Also ensure you bring your negotiation skills to the fore. Buying a property for sale in Thane, as opposed to other parts of the city is a worthy option.

Read up about real-estate agencies and their projects: Make sure you do your home-work and find out about the best realtors in town. Realtors like Godrej Properties, Hiranandani Constructions, T Bhimjyani Realty and Piramal Realty are some of the best names in the business and have built properties in Thane, South Mumbai, Mumbai suburbs and other parts of the city. The Neelkanth Woods Olivia project by T Bhimjyani Realty in Thane is a great idea for investment.

Location is the key: Location is also a parameter you should have in mind before becoming a home-owner, after all your home remains your life-long asset. If you intend to put your home up for rent, you must find out if the area has the potential to bring you a decent rent. Also learn up the upcoming facilities and existing amenities that can get you a good return on investment when you intend to sell it. Real estate in Thane West, Andheri, Jogeshwari, Goregaon and Kandivali is on the rise right now with the latest infrastructure in place.

Being well informed is necessary: First-time buyers must ensure that they have familiarized themselves with the complete process of buying a home. Even if you have purchased a property before, it is advised that you read up or question your realtor about the changes in the real estate market. Ensure you get vital information about overhead charges like registration fees, stamp duty, property tax, brokerage, legal fees, etc.

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