Genuine Demand Driving The Residential Property Market In Thane.

Thane, also known as the city of lakes, has emerged as a preferred residential location in the recent years. The city is flanked by the Sanjay Gandhi National Park and is surrounded by Yeoor hills. Once an industrial hub, the city has completely changed in nature. Most industrial spaces have now turned into high rises.

Thane has witnessed phenomenal growth. The city has expanded towards Ghodbunder road which has seen a number of new launches in the recent past. With commercial office spaces also coming up in the city, growth prospects look good. The city is expected to grow in the coming years and is preferred by both investors and end-users alike.

The social infrastructure has seen a great transformation in Thane. A number of renowned educational institutions, multi-specialty hospitals, malls and entertainment zones have come up in the city in the past few years and the number is expected to grow. Thane has a number of schools and colleges such as St John High school, Smt Sulochanadevi Singhania High School and many others. Lodha World School also has a centre in Thane. Jupiter and Bethany, both private multispecialty hospitals, are present in Thane. There are five malls in Thane including the relatively new Korum mall, which further adds to the overall social infrastructure of the city. Dedhia Elita and El Canto have become two full-fledged residential projects in Thane having schools, hospitals and shopping complexes. The commercial growth, especially from the IT sector, is also influencing the demand for residential property.

Home buyers today are buying homes in integrated residential spaces that offer a meticulously planned environment which ensures comfort, better infrastructure along with essential ingredients of retail, entertainment and commercial spaces within the premises. The modern day home buyer prefers great connectivity to CBDs and convenience in day-to-day business travel and hence is essentially choosing large community layout projects that provide a sense of comfort, security, convenience and above all a sophisticated urban living experience.