Thane Area is one of the best metropolitan locations for investing in a property in Mumbai.
The area offers multiple options for its people and to those who commute to and from their work. It offers sufficient employment opportunities and which is why people prefer Thane to be the best location for work and to live as well. The city is well connected within itself and to its neighboring regions through a network of efficient transportation by roads and railways. Due to this reason, Thane has also become one of the most preferred locations for living. The city is also connected via railway to its neighboring regions. It is one of the major railway stations with connection to Navi Mumbai through the Trans Harbour Line which gives people access to much more options to choose from. There are also proposed plans for a light rail network for the future. Living in this city is much more suited for people who work in neighboring locations like Airoli, Ghansoli in Navi Mumbai, Mulund, Ghatkopar, and Andheri in Mumbai. There are many real estate giants trying to make their way in by introducing new projects in the city. The Ghodbunder Road is a major road that connects Thane with the western suburbs of Mumbai. There are multiple residential projects that are coming into existence along the banks of this major roadway. One of the top players in the real estate sector, Hiranandani, is working on its upcoming project ‘Barca’ with a configuration of 1 and 2 BHK apartments with an expected completion date of Dec 2021. Similarly, there are other offerings from the same developer such as Obelia and Cardinal. There are other developers who are trying to attract buyers with their offerings such as Puraniks City Reserva, Godrej Emerald, Wadhwa Courtyard, Orovia by Vijay Group, and many more. The neighboring regions around Thane also offer great choices. Among such options, some of them are Pyramid Elements in Airoli, Godrej Alive in Mulund West, Runwal MyCity in Dombivli East, and many endless choices. These projects are under constructions and will be ready for possession in coming two to three years. Thane is a huge city and hence a buyer must consider looking for a convenient location which will be easy for commuting. The developers are experiencing a constant grind in order to satisfy the needs of the buyers. A better lifestyle is what a buyer would expect that should be not heavy on pockets. Certainly, Thane has become a city of luxurious homes and there are numerous options to choose from depending on your budget and preferences.
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Finding a location for your new house is certainly one of the most daunting tasks but also the most important one in your home buying checklist. After the price of your desired property, finding the location comes next which can influence the other factors of home buying. Planning for the perfect location that affects your budget minimally is what should be aiming for as a buyer.
There are numerous properties available all around Mumbai and its suburban areas. Choosing a location depends on multiple underlying factors and compromises that you as a buyer should be ready to make. Of course, the first thing that comes to mind is the distance to your workplace and the commuting associated with it. Most people choose a workplace within Mumbai or its neighbouring locations up to Thane but very rarely go beyond it. There are developers introducing their new projects even beyond Thane at a much cheaper price. The target buyers are those who are looking to buy their own house but are held back because of their finances. This category of home buyers is ready to compromise the distance factor mentioned above. However, doing so will no longer be necessary. As the development is increasing the regions beyond the radius of Mumbai and its suburbs are also gaining attention. The areas such as Panvel, Dombivali, and Badlapur which are way beyond the so-called suburbs of Mumbai are also being seen as the best locations for the real estate developers. The upcoming projects that are aimed towards future infrastructure development have enough reasons to attract more residential developers and home buyers. Right now the prices in these areas are much lower as compared to that in the main city and affordable for buyers to book the house of their dreams. These areas offer good locations for the construction of new projects. The upcoming projects such as Godrej Vihaa in Badlapur and Utsav City in Panvel are among the top choices for the buyers looking to buy affordable homes. These locations provide affordable housing with access to other places making them favourable for the working person. Now that is resolved another concern that remains is the finance. Funding the home buying comes after the location has been chosen. It all boils down to the buyer’s preference. The down payment is the biggest hurdle that can affect the choice of the buyer which in turn affects every other aspect of home buying like a domino effect. The buyer may prefer location over finance if there are sufficient funds available to buy the house. But for most people finance will always be the top priority. Not doing proper financial planning can jeopardize your home buying dreams and derail your future plans. That being said, with proper research and financial planning buying a home should be a breeze. The struggle between choosing a location as per the home price or the home price as per location is expected. These two factors walk side-by-side, hand-in-hand just like the two sides of the same coin. |
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