Infrastructure drive frees up land in Thane and beyond!
Investors are interested in Thane‘s transformation from a neglected corridor to a flourishing micro market. Enhanced connection, growth possibilities, transforming city development plans into reality, the possibility of including some regions inside municipal corporation borders, and affordability are some of the factors attracting potential purchasers to Thane.
According to Danish Bhagat, director of New Sky Infrarealty Marketing Pvt Ltd, “the Panvel-Bhimashankar-Chakan Highway would shorten the distance between Mumbai and Karjat by 21 kilometres.” Commuters from Karjat to Khopoli or Pune would benefit from the Neral-Badlapur Highway. Similarly, Karjat awaits the establishment of a multidisciplinary university, a proposal of a well-known business entrepreneur.”
According to Affan Ansari, a Thane-based realtor, “Majiwada Junction Flyover enables crossing over Thane’s major roadways.” Commuters from Mumbai would have simple access to Kalyan if it was strategically constructed. Likewise, this flyover, which is currently partially operating, improves access to Mumbai, Nashik, and other places with high economic activity.” So, regardless you work in Borivili, Malad, or Mulund, the three flyovers planned here are being built in stages to help with traffic.
Ghodbunder Road is Thane’s most active residential neighbourhood, serving to both commercial and residential development, with several new developments under construction. Connectivity to Mumbai’s Eastern and Western Express Highways has been a deciding factor.
Neral is located near Matheran in the foothills of the Sahyadris. The region’s pleasant climate complements the low home prices. “Matheran and the surrounding areas have tourist potential, and many investors are eyeing this location for a second home.” “The social structure is enough to meet the demands of the population,” says a local realtor. Because of the infrastructural development, Neral is being dubbed the “new Badlapur.” “While much of the growth in Badlapur happened due of Ambernath and its vicinity to Thane,” says Vikram Gadekar, proprietor of Sree Vriddhi Properties, “Neral is a close benefit owing to its proximity to Badlapur.” Despite the fact that Vangani and Shelu are closer to Badlapur, infrastructural development indicates that Neral would be the next recipient.”
Neral is under Gram Panchayat but is waiting to be included under the corporate borders since local realtors believe Neral’s population will rise enough to qualify.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.