Why invest in Thane? Read on...
Driven by infrastructure, Thane's real estate sector is expected to swing into action. The building blocks - enhanced connectivity and city development initiatives, are key to the generation of buyer demand - although, you cannot dismiss the probability of its inclusion within the municipal corporation limits and residential affordability as also impertinent. We have summed up Thane's positives in the first quarter of the year 2016.
CONNECTIVITY
The Panvel- Bhimashankar- Chakan Highway connecting Mumbai to Karjat; Neral-Badlapur Highway connecting Karjal to Khopoli or Pune; Majiwada Junction Flyover giving smooth connectivity to commuters to Mumbai, Nashik and other areas are some drivers. Thane's Ghodbunder Road catering to both commercial and residential development and ensuring connectivity to Eastern and Western Express Highways in Mumbal has also been a determinant.
INFRASTRUCTURE
The city's development drive includes upping its social infrastructure; upgrading water treatment plants; supply of potable water and underground drainage network. All these factors resultantly lead to impacting the real estate sector positively.
OTHER FACTORS
Other influencing aspects of Thane such as home Loan affordabdity; availability of modern and good quality budding projects; Well -designed and efficiently planned spaces in the offering cumulatively compel everyone tu expect a growth- oriented 2016.
Property prices in Thane are slowly on the rise than its near peers but going formard due te rapid development, prices, may rise. A growing interest from the local workforce and investors in properties here might also push prices. The affordable housing segment of Thane can expect a facelift this year. Two developers' associations have signed a MoU to build 5.69 lakh affordable dwelling units across MMR. Despite the six percent increase in the ready reckoner rate, Thane's real estate experts are of the opinion that infrastructure will be a driving factor of the city's realty.
Squarefeet Group
Satyam Building, 2nd Floor, M G Road,
Opposite Navpada Telephone Exchange, Above Punjab National Bank,
Naupada, Thane West - 400601
Maharashtra, India
Opposite Navpada Telephone Exchange, Above Punjab National Bank,
Naupada, Thane West - 400601
Maharashtra, India
+(91)-22-25452903, 66543333
info@squarefeetgroup.in
No comments:
Post a Comment