Thane, a city in the Mumbai Metropolitan Region, has witnessed tremendous transformation in recent years. With the development of infrastructure, the city has become one of the most sought-after locations for real estate investment. Among the many areas of Thane, Thane West has emerged as a prime location for homebuyers and investors alike. In this blog, we will explore why Thane West is a prime location to invest in 2023, especially for those seeking 2 BHK flats.
Thane West enjoys excellent connectivity to all parts of Mumbai and the rest of Maharashtra. The area is well-connected to the Eastern Express Highway, Western Express Highway, and NH-48. The upcoming Metro line from Thane to Wadala is expected to improve connectivity further. The Thane railway station is a major transportation hub just a 10-minute drive from Thane West.
Thane West has seen significant infrastructural development in recent years. The area is home to several prestigious schools, hospitals, shopping malls, and entertainment centers. Some of the most popular schools in Thane West include EuroSchool, Singhania School, and Billabong High International School. The area is also home to several hospitals, including Jupiter Hospital, Bethany Hospital, and Hiranandani Hospital.
Real Estate Prices:
The real estate prices in Thane West are comparatively more affordable than in other prime locations in Mumbai. The average price of a 2 BHK flat in Thane West ranges from INR 85 lakhs to INR 1.5 crores, depending on the location, amenities, and developer. The Kalyan-Shilphata Road and Ghodbunder Road are two of the most popular locations for homebuyers in Thane West.
Thane West is close to several employment hubs, including the Thane-Belapur Industrial Area, Airoli, and the upcoming Navi Mumbai International Airport. These employment hubs provide numerous job opportunities, especially in the IT and manufacturing sectors. The proximity to these job hubs has led to an increase in demand for residential properties in Thane West.
Thane West offers a perfect balance of urban convenience and natural beauty. The area is surrounded by greenery, with several parks and lakes in the vicinity. The Yeoor Hills and Sanjay Gandhi National Park are popular weekend getaways for residents of Thane West. The area also has several shopping malls, restaurants, and entertainment centres.
Thane West is expected to witness significant infrastructural development in the coming years. The upcoming Thane-Dombivli Bridge, the Metro line, and the Navi Mumbai International Airport are expected to enhance connectivity further and boost real estate prices in the area.
Another prime location in Thane West to invest in is Hiranandani Estate. It is a well-planned township with ample greenery, amenities, and connectivity. The Hiranandani Group has developed this township, which comprises several high-rise apartments and luxurious villas. The infrastructure and amenities in Hiranandani Estate are top-notch, making it a popular choice for buyers looking for a luxurious lifestyle. The township has a clubhouse, swimming pool, gym, and sports facilities, among others.
Another popular location in Thane West is Kasarvadavali. The area has seen significant development in recent years, with several residential and commercial projects coming up. Kasarvadavali is located on the Ghodbunder Road, which provides excellent connectivity to various parts of Mumbai and Thane. The area is also well-connected via public transport, with several buses and auto-rickshaws on the Ghodbunder Road.
In conclusion, Thane West is a prime location to invest in 2023, especially for those seeking 2 BHK flats. With excellent connectivity, world-class infrastructure, affordable prices, ample employment opportunities, and a balanced lifestyle, Thane West offers a perfect blend of convenience and comfort. If you want to invest in real estate in Mumbai, Thane West should definitely be on your radar.