Why is there a rise in the demand for luxury homes in Thane?

A rise in demand for an area occurs as a reflection of the growing infrastructure and the offerings of modern conveniences. Thane due to its holistic parameters has experienced paramount demand in recent times. To top it all the immaculate luxurious developments with luxury residential projects in Thane coming up in this prime locations such as the platinum belt has further promoted demand in the real estate sector.

Thane Grew

Thane today boasts of being the best real estate market in the Mumbai Metropolitan Region providing many better investment options compared to the adjoining areas. The future prospects in Thane have a plethora of investment options for property buyers due to its massive infrastructure development.

Thane city has come a long way and has ample land parcels. There is an abundance of land that is owned as plots for luxurious projects in Thane. Sheth Avalon a project by the reputed Ashwin Sheth developers is one such luxurious project spread across 5.5 acres of land with peaceful Greenery and openness.

Owing to significant demand a large amount of MHADA property too is expected to go under redevelopment with many dilapidated chawls, being remodeled into sprawling towers. This is further predicted to upgrade the market price and lifestyle of that region providing impetus to demand.

Thane got more connected

The great plus of the Thane real estate market is its seamless connectivity, this plays a major role in its development. Thane being so well strategically located that It is accessible from a network of roadways, such as JVLR, SCLR, Ghodbandar Road Eastern Freeway, NH-8, Mumbai-Nashik Highway and the Thane-Belapur Road This makes it easy to commute to neighboring areas and the main city. Also, a wide variety of upcoming constructions, have increased Thane’s popularity transforming it into a commercial hub with corporate headquarters and offices mushrooming in strategic locations. Therefore flats near Viviana mall Thane are in great demand. Contradictory to land-starved center city and peripheral suburbs which are highly congested, Thane has green areas, well-planned infrastructure, and open spaces, offering a much more enriched living.

Thane commercially expanded

Discerning buyers are flooding this area with increased demand in the luxury sector due to Thane’s strong expansion of commercial realty, Businesses, and Offices. Therefore creation of job opportunities has been vital for increasing the overall potential of this area. Consequently, Thane was one of the few destinations that continued to remain stable even after demonetization and the various reforms that were introduced majorly due to its comparative affordability of residential projects in Thane.

Thane’s alluring projects

Thane is in demand also due to the many proposed under-construction luxurious towers such as the Luxury Residential project in Thane by Sheth Avalon. This magnificent construction boasts of 4 spaciously designed towers of 30 storeys each and 2 flats on each floor giving its privileged residents maximum privacy and generous spaciousness. Breathtaking views and openness to the brilliant Yeoor hills is another huge plus for buyers. Experts suggest that home seekers should buy an under-construction property if they can wait for a few years, as they come at lower price points and the payment can be spread over a period of time.

Amenities offered such as Podium Garden, Cafe5 Star Disguised Eco Deck Cycling & Jogging Tracks and Amphitheatre allure buyers. The Kids play area with Landscaped Greens Children’s Parks, Senior Citizen Areas, and Club House, Fitness Amenities such as Gymnasium, Swimming Pool, Squash Courts, and Yoga Deck are reasons enough to increase demand of a project.

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