Thane is situated in Maharashtra. It is the administrative head office for a district Thane, and comes under Mumbai Metropolitan Region. Thane stream, at the top of which this city lies, furthermore characterizes its location. This stream starts by the River Ulhas and merge into the Arabian Sea. This city has one part of its region on the mainland of the Thane creek, whereas the rest is located on Salsette Island.
The Thane is known as Mumbai’s sister, as a division of the district Thane, from Sion to Mulund, is been given to Mumbai supporting its future development. It is commonly known as Lake City, as it features somewhat 35 lakes inside its confines. The Masunda Talao, too known as Talao Pali, is amid the most stunning lakes in the town. Besides being a traveler attraction, the lakes provide water for both Mumbai and Thane.
Traditionally, Thane is an important city. On April16, 1854, it had been a destination station for first ever trains in India, which started its short journey from Boribunder, now known as Chhatrapati Shivaji Terminus, positioned in Mumbai.
There are various reasons for buying property in Thane. Few of them are given below:
- Real estate sector within Thane is encouraging, more than an average ever thought of as many societies are developing across numerous localities in Thane. It is mainly a dream place for homebuyers, as flats or apartments are offered for sale in numerous budget brackets.
- Tertiary sector is also now emerging in Thane, so there is a boost in the requirement for IT professionals, for example. This is causing relocation of people from various other cities. So we can say this city will provide employment opportunities in the future.
- The gradual move from manufacturing to tertiary sector in the city is causing large industries to evacuate huge tracts of land, resulting in more space being offered for developers and builders for launching various new projects in the city.
- This city has a huge industrial base, amid a significant part in the city providing a dwelling to both small and big industries. The industrialized areas in this city mostly host electrical, engineering, textile, and chemical industries.
- The lifestyle with the culture of natives in Thane doesn’t only hold the cosmopolitan effect from Mumbai but also hold the real ethnic zest of Maharashtra. Indeed, most of the lands in Thane were bought in the property business with a plan to provide public an attractive and a modern lifestyle, that too at reasonable and affordable prices.
- This city is becoming a hub for novice companies as land rates are lesser as compared to other cities. Thus one can fulfill its dream of being an entrepreneur.
- Certain projects have introduced eco-friendly spaces in the city, for the first time, called as Oxy fresh homes. Thus people get nature near them always as the city has also been tagged for its lush green tracks.
- Majority of the housing projects in the town have been cleverly enclosed with landscape gardens to provide the people with clean, pollution free, and refreshing environment, far away from urban chaos.
- The nearby airport is in Mumbai. It is connected with many major cities throughout India, with its railway tracks. Also, it is connected to the total suburban network via road. Bus services are also available inside the city. Thane has its own BEST or Brihanmumbai Electric Supply & Transport, TMT or Thane Municipal Transport, & NMMT or Navi Mumbai Municipal Transports.
- Infrastructure in Thane always has been capable of being tip-top, and, there is lots of capacity for development, bearing inmind that the populace in the state is continuously increasing. Infrastructure like Rail, road, and air transport, of course, is excellent. The railway networks and the expressways link the city with the other major cities all over India. Since the number of vehicles is rising with the side of a rapid pace, the city is planning certain development and expansion projects like flyovers, road widening and bridges.
- Talking about the supply of power, Thane has just an adequate amount of power capacity to fulfill the requirements of its residents. TMC or Thane Municipal Corporation consequently taking measures to accomplish self-reliance in power. As a case in point, the TMC has ordered to make it mandatory for each and every building to put in a solar water heat system so that the requirements of the people can be fulfilled. This will also help in cutting electricity bills and thus rise in savings of people would increase.
All in all, we can say that Thane proves to be city full of reasons which prove that one can invest in real estate sector in the city. There seems no risk in this.
