When it comes to real estate, Thane is emerging fast as a favourite destination for people wanting to buy their homes. Though always the number one choice of all investors, this fact is changing, as more and more investors are turning to Residential Flats in Thane instead.
Why is that happening?
Let’s dig deeper into why Thane is gaining popularity and why it has become a better option for homebuyers rather than Mumbai.
Homes in Thane are More Affordable: This is probably one of the key factors on why most people opt for Thane over Mumbai. Houses in Mumbai are so pricey that it is hard for most people to afford to buy even a small apartment. But with Thane, you get more value for the money.
For example, the price of a 1 BHK flat in Thane (1 bedroom, hall, kitchen) would be cheaper than the same type of flat in Mumbai. Even larger spaces, for instance, 2 BHK Flats (2 bedrooms), the price would still be pretty affordable, which would be apt for young families and first-time home buyers who do not have to bear an impossible burden by way of acquiring a roof over their heads.
The infra in Thane is improving relatively fast: The other reason people show great interest in Thane is that the infrastructure is developing very fast here. In the last couple of years, Thane has become a well-planned city. It has modern shopping malls, schools, hospitals, and entertainment centres. Such developments have made it more attractive for people to buy Residential Flats in Thane.
Furthermore, Thane is fast becoming the workplace hub with more and more companies opening their offices there. This leaves leeway for housing availability near the workplace commutes long and tiring through Mumbai. Furthermore, the roads and trains that connect Mumbai to Thane are upgraded with constant upgrading and help many cross between the two cities.
Better Quality of Life: Thane offers a quality of life far superior to the hustle and bustle of the Mumbai scenario. In comparison, the city is crowded and rushed about. While Thane is one of the most peaceful spaces near one’s living place. There are lots of parks and lakes where people can go to enjoy the invigorating presence of nature.
For instance, the individuals buying 2 BHK Flats in Thane enjoy the comfortable apartments and the peaceful neighbourhood that this city provides. Families enjoy the space for outdoor games where children can play, while inhabitants can take pretty strolls – something that is pretty hard to find in crowded Mumbai.
Ample Housing Options: There are plenty of housing options in Thane for every type of buyer. Whether one is looking for a small 1 BHK flat in Thane or looking for a luxury 3 BHK flat in Thane, there are plenty of choices to be had. Builders are designing affordable housing for middle-income families besides high-end luxury homes with superior amenities.
In Mumbai it might be hard to get for low costs and the house might also be smaller. However, in Thane, you get bigger living spaces that are also comfortable. All this makes it easier for people to get housing facilities that suit their needs and budget.
High Return on Investment (ROI): People invest in real estate to get land where property values are set to rise with time. Steadily, the value of Residential property in Thane has been shooting up, and experts believe the value will continue to increase in the future.
The place makes Thane a sound investment to be made by individuals seeking to invest their savings. For example, in case you invest in a 2 BHK flat in Thane, you may be able to see its value appreciate over time. Next, even if you’re not going to use it at the moment, you can surely rent out that place. Rental homes are in great demand in Thane, especially by those employees working in the blooming business hubs.
Thane Location and Accessibility: Its prime location also favours very easy accessibility to other cities like Mumbai, Navi Mumbai, and Kalyan. It is connected by highways and local trains with the real city of Mumbai. Faster connectivity to the city of Mumbai will be achieved through new projects, that is, future metro lines between Thane and Mumbai.
This strategic location is one of the reasons why more people are interested in 2 BHK Flats in Thane and 3 BHK Flats in Thane. It offers Thane the location where one can enjoy the benefits of living in a well-planned city yet not too far from the business centres of Mumbai.
Final Words
Thane is turning out to be one of the best investment opportunities for real estate, especially for those looking for affordable homes, peaceful lifestyles, and good future value. In case you are looking at investing in a 1 BHK flat in Thane or a more spacious 3 BHK flat in Thane, there are all sorts of options that cater to every need.
With every passing day, more and more people are coming to realize the benefits of staying in Thane. Demand for homes is gradually increasing. If you are planning to invest in a property around Mumbai, then Thane is worth considering- smart and promising investment.
