The city of lakes, Thane is located in the state of Maharashtra in Konkan Division. With ample availability of land, good connectivity, and stability in prices, the district is becoming the first choice for homebuyers to invest in property in Thane. Due to high property rates in Mumbai real estate as compared to Thane which has relatively affordable property rates, people are heading towards this side of Mumbai. Before 2000, Thane was belonging to the low and middle-income class people in the realty market but now buyers are migrating from Mumbai central suburb to Thane in search of the good property.
After some years, Thane will witness huge real estate demand from the increasing population. Meanwhile, the Mumbai realty market sponge buyers as well as is expected to have a dream home in Thane. The location is already taking baby steps and involving in the real estate market. Some renowned developers are showing their interest and planning to invest in Thane. Developers who have been constructing projects in Thane namely Lodha Group, Dosti Group, Harmony Lifestyle Group, Runwal Group, Vijay Group and Suraksha Realty and much more are also planning to invest in Thane. Projects like Lodha Amara, Dosti Majesta, Lodha Platino, Lodha Codename Big Bang 2, Runwal Conch, Harmony Signature Tower, Runwal MyCity Codename are also ready for residential and commercial property sale in Thane.
Thane is becoming a preferable location for buying homes. With the increasing demand for residential properties, home buyers are taking the advantage of numerous amenities which is being offered to the residents. The location has improved the physical infrastructure as it is directly connected to various highways such as Mumbai-Agra Highway, Mumbai-Bangalore Highway and Mumbai-Ahmedabad Highway which has attracted numerous residential developments here. With the advent of lifestyles, the city has also improved the social infrastructure as it is near to various multiplexes, malls, shopping centers, renowned hospitals, and schools.
Thane is also one of the most industrialized districts. There are 18,480 small and 1548 are large and medium scale industries within the district. These industries produced some of the major products like plastic, rubber, steel, pharmaceuticals, fertilizers, electronics, chemicals, and iron & steel. The Thane-Belapur-Kalyan industrial belt is the center of all modern industries. With the great development in Thane, it can be an excellent decision for buyers as they can easily buy a property for themselves.