Why Real Estate Investors Are Betting Big On Thane?

January 13, 2023 by Rustomjee
Advantages of Investing in Thane Real Estate
January 13, 2023 by Rustomjee

Thane has experienced remarkable expansion and development in recent years. Thane has gone from being marketed as a space far away from the city to become a desirable destination for home owners. But why is the location of your property so important in Thane? For a few straightforward reasons. Travelling for work is a reality for the majority of Thane’s residents. As a result, proximity to the roadway is essential. Educational institutes are a huge plus for families considering relocating. Similarly, dining and nightlife alternatives are critical for young couples investing in residences. Here’s why real estate investors are betting big on Thane!

Location: Thane is strategically connected to significant districts like Mumbai and Navi Mumbai. The city has excellent infrastructure and transportation facilities, making it an ideal place for people working in these cities to reside. The Mumbai-Nashik Expressway and Eastern Express Highway run through Thane, making it easily accessible from other parts of the Mumbai Metropolitan Region.

Property in Thane is also an excellent investment option. Thane is a hotbed of opportunity for investors, with investments and infrastructure set to quadruple in the near future. Furthermore, with the opening of several IT-Parks and key offices in this region, there is an increasing need for dwelling units and townships. This makes this an excellent investment time in Thane real estate, particularly for NRIs. Connectivity and facilities are expected to improve in the near future, ensuring a substantial return on your investment in the following years. As a result, investing in a property near important roads, schools, workplaces, and entertainment facilities is always prudent to ensure that the investment is future-proof!

Affordable Housing: Thane offers affordable housing options compared to Mumbai and other metropolitan cities. The city has a good mix of residential, commercial, and industrial properties, making it an attractive option for middle-class home buyers and investors.

Economic Growth: Thane’s economy is proliferating with the development of IT parks, malls, and other commercial spaces. The city is also home to several manufacturing and industrial units, providing employment opportunities to residents. This economic growth has increased demand for residential properties, driving up real estate prices.

Government Support: The government of Maharashtra is actively promoting Thane as a smart city, with initiatives like the Thane City Development Plan and the Thane Smart City Project. These initiatives aim to improve the city’s infrastructure and provide better facilities to residents.

Real Estate Appreciation: The real estate market in Thane has been growing steadily over the years, with property prices appreciating at a healthy rate. Investors are betting on Thane as they see it as a safe and profitable investment with good returns.

Rustomjee Uptown Urbania has truly grasped the significance of location in Thane! Accessing the rest of the city for education, job, or recreation is critical. It is near the most significant highways and roads, such as Ghodbunder, and a sprawling township in Thane, with roomy 2-3 bhks – home to hundreds of families! Fortunately, Rustomjee International School is close to Rustomjee Uptown Urbania, making life much easier for the locals. The Viviana Mall in Thane, which has several entertainment options for families and more, is the ideal weekend escape for the entire family! If going outside isn’t your thing, spend the evening at Thane’s first rooftop leisure centre, Rustomjee Uptown Urbania.

Rustomjee Uptown Urbania is Thane’s iconic development, with luxury services and towering residences. Visit the website to make a reservation or for additional information.