Thane

About Thane

One glance at the Thane real estate market report will give you an insight into the tremendous progress that Thane real estate has made in the past couple of decades. The phenomenal growth of Thane property market and the rapid development as a residential and commercial real estate hub has astounded everyone.

If you are planning to buy a property in Thane west today you will be flooded with multiple new projects in Thane and a lot of quality under construction projects in Thane being developed by some of the best real estate developers in thane as well as other big realty brands of India.

One of the biggest advantages of Thane properties is that there is a huge variety of real estate developments in Thane. Thane real estate literally has the best property deals and one can find property in Thane across all budget points. From low budget flats in Thane to luxury properties in Thane, property buyers here are literally spoilt for choice. The Thane real estate report for the past decade has seen a constant growth in the demand as well as the capacity of the Thane real estate market to deliver varieties of property developments in thane to cater to the huge demand. 

Why is Thane so popular?

The rise of Thane as Mumbai’s alternate city and now as a great city to live has been spectacular indeed. Some of the biggest factors that have played their roles in the growth of real estate in thane include:

Clean environment:

Thane is also referred to as the city of lakes since there are almost thirty five laks that surround Thane. One key reason for its popularity can be attributed mainly to its good and clean environment. The yeor hills of Thane are every popular and are almost the green lungs of Thane. Overall the entire area of Thane and many prime locations in Thane have a very healthy green cover. Also there are many public parks and common amenities across Thane that have made the city of Then very beautiful and extremely friendly for living.

Affordable homes in Thane: 

Also the fact the fact that there more affordable flats for sale in Thane and a lot of budget friendly homes for sale in Thane compared to Mumbai has attracted a lot of residents of Mumbai to invest in Thane properties. Many real estate investors in Mumbai who were constrained due to the crazy property prices in Mumbai found Thane properties affordable and extremely lucrative to invest.

Thane infrastructure & Connectivity:

The progress of Thane real estate has been also largely driven by its good infrastructure. Thane is very well connected to multiple locations throughout Maharashtra and therefore has become an important transitional hub for major businesses. From Thane you can reach Navi Mumbai or you can reach Mumbai easily using the Eastern Highway, Ghodbunder Road, Jogeshwari Vikhroli Link Road, the newly made SCLR, the very fast Eastern Freeway, National Highway number 8, Mumbai-Nashik Highway, etc. The Thane Belapur road also gives easy access to Navi Mumbai from Thane. In terms of railways Thane is very well connected to all major locations through the Central Harbour Rail Line, Thane-Panvel Rail Line and Central Railways. The strong connectivity that Thane has along with the existing infrastructure of roads has ensured that Thane property prices have increased steadily over the years.

Thane Metro

The recently approved Thane metro could be a major game changer for Thane real estate as it will ease the travel within Thane to a large extent. The entire Thane metro will run on a 29-km circular route and will be constructed by the Maharashtra Metro Corporation in support of the Thane Municipal Corporation (TMC). The Thane Metro project is expected to cost more than 13,000 crore INR and would include Metro Line-4 (Wadala-Thane- Kasarvadavali) and Metro Line-5 (Thane-Bhiwandi-Kalyan) as its two principle operating lines. 

Line 4 of Thane Metro will connect the following locations: Kasarvadavali, Vijay Garden, Dongari Pada, Tikuji-Ni-Wadi, Manpada, Kapurbawdi, Majiwada, Cadbury Junction, Mahapalika Marg, Mahapalika Marg, Thane Teen Haath Naka, Maharana Pratap Chowk, Mulund Fire Station, Dr Hedgewar Chowk, Shangrila,  Bhandup Metro, Bhandup Mahapalika, Naval Housing, Gandhi Nagar, Surya Nagar, Vikhroli Metro, Godrej Company, Shreyes Cinema, Lakshmi Nagar, Pant Nagar, Garodia Nagar, Amar Mahal Junction, Siddharth Colony, Suman Nagar, Anik Nagar Bus Depot, Wadala TT, Bhakti Park Metro.

Line 5 of Thane Metro will connect the following locations:

Kapurbawdi, Balkum Naka, Kasheli, Kalher, Purna, Anjur Phata, Dhamankar Naka, Bhiwandi, Gopal Nagar, Temghar, Rajnouli Village, Govegaon MIDC, Kongaon, Durgadi Fort, Durgadi Fort, Kalyan Railway station, Kalyan APMC.

These two lines of Thane Metro will bring about a major change in the way people travel within Thane and Thane affordable housing as well as the Thane real estate market in general would get affected in a positive manner due to the metro.

Good business hub:

Thane has been a good business market over the years and as the real estate market in thane has blossomed there have been a lot of residential developments in thane as well as commercial property developments in Thane. Therefore the number of companies and businesses in Thane has grown exponentially and this includes the growth of manufacturing, service as well as the IT industries in Thane. This factor has attracted a lot of new talented young work force to Thane region from across Maharastra and other parts of India making Thane real estate richer in terms of the demand. You can therefore see a lot of new projects in Thane including new projects in Thane Ghodbunder road as this particular location has developed phenomenally over the years. Major real estate developers like Lodha, Rustomjee, etc. have their projects in Ghodbunder road including Rustomjee Urbania, Lodha Splendora, etc.

Important locations in Thane

Some of the key locations in Thane and upcoming locations in thane in terms of real estate investment in Thane include areas like Ghodbunder road, Kolshet road, Majiwada, Balkum, Pokhran road, Hiranandani Estate, Thane west, Laxmi Nagar, Brahmand, Kasarvadavali, Vartak Nagar, Pokhran-2, JK Gram, Manpada, Bhayandarpada, Panch pakahadi, Dhokali, teen Hath Naka, Kapurbawadi, Shilgaon, Charai and many more.

There are many new projects in Thane east that easily qualify as affordable housing projects in Thane and many budget homes in Thane are being constructed here. People searching for new construction in Thane low budget also look at locations in Thane including Waghbil, Kasarvadavali, Bhayandarpada, Sai Nagar, Rabodi, Dandekar colony, Khopat, Thane west, Vasant Vihar, Tembhi Naka, Lokmanya Nagar, Ghodbunder road, Sainath Nagar, Balkum, GB road, etc. A new building project in Thane usually sells faster because of budget friendly price and good amenities that many people prefer. Apart from the above locations the popularity of low budget flats in Kalwa and the extreme demand for flats below 20 lakhs in Thane is giving rise to many new real estate locations in Thane.

If you want to buy a 1 bhk property in thane west you have a lot of options since the real estate developers in Thane west have paid special attention to the small flats category in Thane and have developed multiple projects for the same.

As in most cases there is always a very good demand for a property in thane west near station especially by people who use the trains a lot for travelling.

A typical resale flat in Thane west costs at least 30-40% lesser than a similar property in Mumbai city. For example flats for sale in Thane west Panchpakhadi and other low budget resale flats in Thane provide more amenities and facilities than similar flat options in Mumbai but come at a much lower price.

The most popular category of low budget homes in Thane happens to be the flats in Thane between 15 to 20 lakhs because many of the lower middle class families from Mumbai, Pune, and Thane itself prefer flats in this budget range. Since there has been a strong urge for flats for sale in thane west near railway station by many local buyers, many property builders in Thane have constructed multiple new projects near Thane railway station to cater to the demand. 

Real estate developers in Thane

There are many property developers in Thane that are actively developing new projects in Thane that include low budget residential projects in Thane as well as luxury projects in Thane. Some of the big name real estate developers in thane include Rustomjee, Lodha Group, Kalpataru, Dosti Realty, Raymond Realty, Piramal Realty, Narang Realty, Wadhwa group, Hiranandani Developers, Sheth Group, Shapoorji Pallonji Real Estate, Puraniks, Vijay group, Tata Housing, etc. These and multiple other local property developers in Thane are developing millions of square feet of real estate in Thane through hundreds of the upcoming projects in Thane. The demand for under construction projects in Thane that come with flexible payment plans is also very high and therefore one can find multiple ongoing projects in Thane across the entire Thane landscape.

Real estate agents in Thane

As the per square feet cost of property in Thane is comparatively lower than that of Mumbai and as the Thane property market has boomed in the last couple of decades, there rea many professional real estate agents in Thane that ply their trade in Thane area. Many of these property agents and real estate consultants in Thane pr9ovide multiple real estate services in Thane. These include buying, selling, investing in  resale flats in Thane, villas fro sale in Thane, bungalows for sale in thane, property documentation work in Thane, property registration in Thane, etc. They also provide services like booking in new projects in Thane, real estate investments in Land in Thane, dealing in land for sale in Thane, selling land for new projects in Thane to property developers, corporate lease in Thane, providing rental offices in Thane, providing flats on rent in Thane, etc. Most of the RERA registered real estate agents in Thane provide some of the best options for buying and investing in new projects in Thane. You can find the best property agents in Thane on 99sqft.com

Real estate marketing in Thane

Since there are a lot of new real estate developments in Thane including new residential projects in Thane as well as new commercial projects in Thane as well as new offices in Thane, there has been a huge growth in real estate marketing in Thane. Many property developers in Thane have adopted various property marketing strategies in Thane to reach maximum number of buyers from across all corners of India and also to tap the NRI population interested to invest in Thane. Property marketing in Thane includes real estate advertising in the print media, property marketing hoardings, online real estate marketing for Thane properties, Thane real estate marketing on social media and of course aggressive property marketing in Thane through real estate channel partners In Thane and property brokers in Thane. There are many real estate marketing companies in Thane as well as online real estate marketing companies in Thane that promote Thane real estate through digital real estate marketing as well as offline property marketing methods in Thane as well. 99sqft.com provides some of the best online marketing for Thane real estate and Thane properties for property developers as well as property agents in Thane.

Post your property in Thane online

For the fastest results in terms of selling your Thane property online, you can simply post your Thane property listings on 99sqft. When you post your free property ads in Thane online with 99sqft, you can expect the best response from property buyers in Thane as well real estate investors in Thane. Even if you are searching for a good property in Thane for self-use or investment, you can post your Thane properties online and find decent property options. As a home owner in Thane or a property investor in Thane, you can post your flats in Thane for sale or post your flats in Thane for rent online and get suitable buyers or professional real estate agents to contact you. As a commercial real estate owner in Thane, you can also post your shops in Thane for sale or rent or your offices in Thane for sale or rent online and get your property deals in Thane faster.

The graph above shows the price rate changes from 2009 to 2019 in the top most localities of Thane city.


Why invest in thane?

Proximity and Landmarks Near Thane

Masunda Talao - One of its biggest lakes with boating facilities.
Yeoor Hills - Also known as Mama-Bhanja hills.
Essel World - A popular amusement park at Gorai.
Bassien - Known for the ruins of an ancient Portuguese fort.
Jawhar Palace - Known for its cool climate and popular tourist spots.
Matheran - A popular hill station at an altitude of approx 800m.
   
Transport & Infra:

Thane is well-connected with its neighboring suburbs through Central and a Trans-Harbour line suburban rail network. It also has an excellent public bus transport system, supported by autorickshaws and taxis. 

The Eastern Express Highway and LBS Marg connect it with the eastern suburbs of Mumbai while the Western Express Highway and arterial Thane-Belapur Road connect it to the western suburbs and Navi Mumbai respectively.

Two mono rail lines have also been proposed connecting Thane with Dahisar and Kalyan. Work is in progress for seven flyovers connecting Thane with Dahisar, Ghodbunder and Bhiwandi.