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An Overview of the Thane Real Estate Market

Proximity to the city of dreams and emergence of various IT companies has made Thane a great hub for many urban dwellers. It is also known as the elder sister of Mumbai and has witnessed a great development in the past ten years. While earlier, it was merely known as a suburb, this city has now gained a status of its own. Thane is the perfect place for all those moving to Mumbai and in search of a decent place to live in.


Infrastructure & Connectivity
As part of the Mumbai Metropolitan Region, Thane has emerged as a great city in terms of infrastructure and development. People of Maharashtra commonly call this city as the elder sister of Mumbai because of its resemblance to the city of dreams. Thane’s real estate has seen a tremendous change over the past ten years; emerging from a suburb to a full-fledged city. The city has long been known for the first ever rail line that ran here. Apart from the rich rail network, the city is seamlessly connected via various roadways like NH-8, Mumbai-Nashik Highway, JVLR, Eastern Freeway, SCLR and Ghodbunder Road. The proposed metro line running from Ghodbunder would connect 10 different parts of the city.


According to the census 2011, Thane had a population of around 11,060,148 which was just 8,131,849 in the year 2001, the population growth being 36.01%. There has been a great increase in the population as well as the literacy rate. The literacy rate of the city was estimated to be at 84.53 which has increased by 4 points in the past decade. There are 886 females for every 1000 males in this city.


Life Style
The great infrastructural development of Thane helped in modernizing the way people lived in this city and vice versa. People from different parts of the country, belonging to an educated background, started inhabiting the city which triggered the development. There are a number of malls, multiplexes and other entertainment facilities that have been set up in the country to match the lifestyle of the modern dweller. The sky villas constructed in the city have also been a result of the modern man’s needs.


Key localities in Thane
With such great development over the past decade, Thane did indeed churn out some of the best localities for residential dwelling in this city. For those of you in search of the perfect property in Thane, look out for these key localities before making a decision. Ghodbunder, Thakurli, Vartak Nagar, Teen Hath Naka, Titwala, Vasai, Pokhran road no. 1, etc.


Real Estate Market
The builders in any area are the pillar towards the city’s infrastructure development. They trigger the growth of the city with their commendable buildings and residing amenities. One or the other builder in Thane can always be seen advertising with a board stating “Real Estate for Sale in Thane” or “Thane Properties for Sale”. Some of the top builders in Thane are listed here; Lodha Group, Godrej, Lok, Indiabulls, Oberoi Realty, Tata Value Homes, Kolte Patil, Sobha, Unitech, etc.


Projects in Thane
Thane real estate has seen a tremendous growth in the past ten years. One can now find all types of property for sale in Thane. Whether you are looking for a 2 or 3 BHK residential homes or are in search of luxurious villas to dwell in, Thane has all types of property to suit the needs of everyone. Various projects are given away by the builders in residential as well as the commercial sector to accommodate all types of people. The newly-constructed sky villas would be perfect for the modern man looking for comfortable and luxurious stay.


Govt Projects in Thane
The growth of real estate in Thane has been an outcome of the various projects that the government comes up with from time to time. These projects help the common man to fulfill their dream of having a home of their own. These homes are affordable and budget friendly. The metro project undertaken by the government would also be of great help in triggering Thane’s growth. Hi! Searching for Property? Let's Chat