Ghodbunder Road About to See Significant Infrastructure Development in Thane
Including rising property values, excellent connectivity and infrastructure developments, Ghodbunder Road in Thane is about to see several fresh upgrades in future. Within just 5 years, a largely sprawled area of forest has been transformed into a large jungle of concrete. Today, Ghodbunder Road has been transmuted in a remarkable hotspot for real estate investment.
Over the past couple of years, the location has seen several growing trends. According to the data collected by a real estate site, the high-rise properties have seen increased rate by Rs. 8200 per sq. ft. from Rs. 5900 per sq. ft. in the year 2011. It portrays a significant growth of 40% in property prices. Ghodbunder Road is connecting both Western Express Highway and Eastern Express Highway. Due to this reason, the launch of premium and low-cost project has seen a surge. Now it is possible to own a 1 BHK flat ranging from Rs. 30 Lakh and 4 BHK spacious units ranging from Rs. 1 Cr. Ghodbander Road has caught the attention of several well-known developers because of its alarming growth and development. According to the amenities provided and BHK offers, the prices of newly developed units differ from Rs. 30 Lakh to around 1 Cr.
In this stretch, some developers presenting their apartments are Runwal Group, Puraniks Builder, Vijay Group, Harmony Lifestyles, DS Group and more. Several new projects are going to be ready for allotment by the year 2015. All of these developers are going to launch their projects with several entertainment avenues like gymnasium, clubhouse, swimming pool, 100% power backup, high speed lift as complimentary. In addition, all the projects are Vastu compliant to assure peace of mind and stress free lifestyle for the residents. The developers are enjoying a lot of responses from the home seekers and investors in Ghodbunder Road because of easy access to the favorable landmarks in the city. Now home buyers have a wide range of property options with affordability and premium quality of living. Today, developers are focusing more on Thane because of extremely high ticket size in the city of Mumbai.
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