Residential Suburb Thane to Attract Modern Homebuyers

Residential Suburb Thane to Attract Modern Homebuyers

With the availability of limited space for expansion, Mumbai has only few residential locations left that can meet the needs of urban homebuyers. On the flip side, Thane is one such suburb which has perfected the art of meeting the needs of modern homebuyers. Thane has realistic growth of property prices because of significant growth. In addition, Thane fulfills the needs of property buyers of all income groups, according to Nahar Group Vice Chairperson, Manju Yagnik. Thane already enjoys great social infrastructure. In addition, the government has planned more infrastructure developments to take place. Along with good connectivity and strategic location, Thane is the best option for modern property buyers.

When it comes to meet their needs, home buyers currently consider the environment when in order to buy a home. According to the experts, Thane has seen phenomenal growth over the past couple of years being a residential market. This way, people in Mumbai are urged to live in Thane while looking for homes which are reasonably priced, with more open spaces, lush greens and high end amenities. Modern home buyers travel around the world, are well-educated and enjoy disposable incomes. So, they are looking for properties which can match up their needs and standards and provide quality living.

Hence, Thane is a self-sustained suburb which is in sync with several homebuyers in different segments. The metropolis has a lot of mid-range projects along with luxurious projects to fulfill the needs of corporate heads, businessmen, HNIs and leading management executives, according to Executive Director, Godrej Properties Ltd, Mohit Malhotra. Thane has become the hottest favorite and affordable real estate market due to the consistent development in infrastructure. There are several factors contributing the huge interest of investors and homebuyers to buy property here. The presence of several multiplexes and malls like Korum, Viviana, Lake City Mall and Cinemax also attract homebuyers to this suburb. Several leading colleges and schools are located here along with clubs, amusement parks, resorts and restaurants for leisure and entertainment. Thane is selected under the smart city plan by the central government.