Ghodbunder Road, Thane: A Prime Destination for Real Estate Investment and Growth
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Thane's Ghodbunder Road, a developing international city in Mumbai, is the most well-liked
location for real estate investments. The neighborhood's affordable lifestyle with basic
services at cost-effective prices, the development of its infrastructure, and the nearby
surrounding areas are the primary factors that distinguish it from other real estate markets.
To find out more about the benefits of investing in Ghodbunder Road, read the article.
Ghodbunder Road is one of the most popular areas for investing because of the recent
surge in real estate markets brought on by outstanding residential developments and
impending infrastructure.
Because of the neighborhood's excellent connections, abundant greenery, and developing
infrastructure, demand for real estate has significantly increased.
Maharashtra State Highway 42, also known as Ghodbunder Road, runs through the whole
Thane district.
One of the primary routes that connects the suburbs of Thane to the Eastern Motorway,
which stretches southward near Kapurbawdi.
The Eastern and Western Motorways, Mumbai's two main thoroughfares, are directly
accessible from the road, which borders the northern edge of Salsette Island. This offers
stunning views of Yeoor Hills and Thane Creek.
People are drawn to Ghodbunder Road real estate for all of the aforementioned and more
reasons. These are some justifications for thinking about investing in Ghodbunder Road.
Growing Real Estate In Ghodbunder Road
One of the best places to buy a house or make real estate investments right now is Mumbai.
As a result, developing and less costly areas like Thane, which have seen rapid expansion in
recent years, have a significant and fantastic opportunity.
Thane's property values have skyrocketed as a result of the area's closeness to verdant,
lush environment, the speed at which development projects are moving forward, and the
government's aspirations to strengthen ties with several infrastructure projects.
Developing Infrastructure To Invest In Ghodbunder Road
Social and civil infrastructure have significantly improved as a result of Thane's fast
urbanisation and development of neighbourhoods like Majiwada, Kolshet Road, and
Ghodbunder Road.
Jobs in the retail, commercial, and IT industries have increased by almost 40% in Thane
areas.
It is also a well-known hub for the pharmaceutical sector, home to Lorix Pharmaceutical Inc.,
Novartis India Limited, and Galgotias Pharmaceutical Ltd.
The retail market in the area is 2.2 million square feet.
All of these has drastically altered the evaluation of the entire neighbourhood, making it the
most popular location for real estate purchases in the Mumbai MMR.
As a result of the city's ongoing supply of affordable real estate, Ghodbunder Road has seen
a surge in investment from well-known brokers and builders from Mumbai.
Excellent Connectivity Options
The location benefits from excellent accessibility because to Ghodbunder Roads'
connections to many Thane areas and Mumbai's main thoroughfares.
Its strategic location adjacent to the Mumbai-Nashik, Mumbai-Ahmedabad, and Eastern &
Western Express Highways enhances its appeal.
Chhatrapati Shivaji Maharaj International Airport is about 10 km away from the
neighbourhood, and Dahisar Railway Station is about 34 km away.
Affordable Properties In Ghodbunder Road
The reasonably priced apartments on Ghodbunder Road are one of the primary justifications
for investing there.
The demand for real estate in Thane's Ghodbunder Road has grown within the past five
years. It is due to a 40% increase in the employment sector.
About 18% of Mumbai's total housing supply is found in Thane.
There are 1, 2, and 3 BHK inventories available on Ghodbunder Road. In this
neighbourhood, two-bedroom flats on Ghodbunder Road are more in demand.
Over the past year, the area has appreciated by 4.3%. In Ghodbunder Road, the average
price of a home is $12,800 per square foot.
Potential Rental Market
The need for rentals in the area is driven by professionals who work nearby in the
information technology, mobile network, and pharmaceutical industries.
The strong demand for rentals in Ghodbunder Raod is one of the main reasons why it is so
appealing to investors.
The typical rent for a two-bedroom flat on Ghodbunder Road, which has the most supply, is
between Rs 15,000 and Rs 40,000.
Ghodbunder Road has an average rental yield of 15%.
Is Ghodbunder Road Good For Real Estate Investment?
Thane's Ghodbunder Road has emerged as a prime real estate investment hotspot due to its
seamless connectivity, growing infrastructure, and strong return potential. Its proximity to
Mumbai and ongoing development make it an ideal location for both investors and
homebuyers. The area's affordable housing options and expanding job opportunities further
enhance its appeal, driving demand for residential projects.
Squarefeet Group is contributing significantly by offering various upcoming projects in this
region, including premium developments like Green Square, Metropolis Bayside, and
Metropolis Insignia Towers.
Mumbai is no longer far from Thane's neighbourhood. Thane, and especially Ghodbunder
Road, is at the top of the list for both investors and users because it encourages the
construction of large roads and highways that provide easy and seamless connections.
Without a question, the secret to successful real estate investing is finding the right house in
the right neighbourhood at a reasonable price.
Ghodbunder Road in Thane is the greatest area to invest when taking these factors into
account when buying a home since it has had significant growth in terms of both
infrastructural upgrades and strong returns on investment.
The expected expansion of job opportunities would surely lead to a sharp increase in the
demand for housing, which would in turn spur additional capital growth and expand Thane's
real estate and housing investment.
Thane's Ghodbunder Road is a hotspot for real estate investment due to its rapid
infrastructural development, excellent connectivity, and affordable housing options. This
prime location, with projects like Metropolis Insignia Towers, Metropolis Bayside, and
Green Square, offers outstanding residential developments, making it an ideal choice for
homebuyers and investors. The surge in employment opportunities and growing demand for
rentals further enhances its appeal. If you're considering Upcoming Projects in
Ghodbunder Road, this area promises high returns and unmatched growth potential for real
estate investments.
Squarefeet Group offers a range of upcoming projects in Ghodbunder Road, ideal for
those looking to invest in Thane's growing real estate market. Their noteworthy
developments include Green Square, an affordable residential project, and premium
offerings like Metropolis Bayside and Metropolis Insignia Towers, located in
Kasarvadavli. These projects cater to various lifestyle needs, with options for budget-friendly
and luxurious living spaces. Explore these projects to find a home that aligns with your
aspirations.
Also read: 7 Benefits of Living in Luxury Apartments
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