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Real Estate Market In Thane December 7, 2017
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Real Estate Market In Thane December 7, 2017
What are the reasons or factors that provide
Thane an attractive destination for the
potential home buyers? Here are the reasons The
real estate consumers are shifting their focus to
the real estate market in Thane. Apart from the
important rates rise in both the ready possession
and under-construction units, Thane has witnessed
some of the infrastructure development which
prompted the investors and buyers to take look
at the market. The housing realty landscape As
per reports, 60 of listed localities saw the
rates increase averaging at over 2.3. the
balance localities witnessed an average rate
decline of 1.8. In comparison to the under
construction projects, ready for possession
properties, there are expensive by over 15. Both
ready-to-move-in and under-construction
properties saw the jump in average rates when
compared to the July-September 2016 quarter.
Rates of the former segment saw significant 1.3
increase while latter increased by the marginal
0.4.
Adityanath asked officials to handover 50,000
prop... November 17, 2017
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December 2017
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The prime locality in terms of the rate increase
was properties in Thane west where both RM and
UC rates increased significantly. The upcoming
projects in Thane west are rated at Rs 49 lakh
onwards. Apartments are available property type
as well as configurations being offered are 1, 2,
3 and 4 BHK units. Thane east caters to the
buyers in mid-segment and lower-mid and accounts
for more than third of the total residential
supply in the city. Only, east is the region in
Thane where the properties are available in Rs
3,000 per square feet budget range. Thane east is
a geographically distributed region of all as
well as includes major areas such as Kalyan,
Dombivli, and Badlapur which falls within the
district in Thane. Rates climbed by 0.3 in a
range in October- December 2016 quarter. The
graphs above show the rates in varied budget
segment across Thane. It is the costliest part of
the city as well as close vicinity to Mumbai.
All properties are available here are rates above
Rs 11,000 per square feet. The region accounts
for lesser than 5 of supply in city and rates
here have risen by marginal 0.5 Thanes rental
market Amongst localities in Thane that have
shown the higher growth in the rental yield in
the past nine months, Kalwa tops this list with
13.7
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growth which is followed by kolshet Road having
12.6 growth. Patlipada have 112.4 growth,
Badlapur east having 10.8 growth as well as
Kavesar having 10.6 growth. The pros Thane
promises convenient commute to the residents. The
region s connected well to central Mumbai, the
western suburbs as well as Navi Mumbai. In
comparison to the western, eastern part has
better as well as established livability
quotient. Entertainment hubs, hospitals, schools,
supermarket, etc., can be found easily in Thane
as making the living standard easy. In addition,
the seamless train connectivity to Mumbai
Metropolitan Region and Navi Mumbai as the
potential homebuyers has begun looking Thane as
the ideal dream home destination. At present,
Thane is a reservoir of the housing options which
comes at the affordable rates. As the buyer,
choices are ample as well as property rates,
when compared to the Mumbai, are less.
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