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Is it wise to invest in a home in Thane?

April 14, 2020 | Silky Malhotra

Is it wise to invest in a home in Thane?

If you are looking forward to buy a new home near Mumbai and aren’t sure which locality in Mumbai would be the best for it, you might want to check Thane out. Thane is, in fact, one of the most coveted residential hubs in India, attracting home renters as well as property buyers. The high demand for rental homes in Thane makes it lucrative for investors. Here you can easily find plenty of tenants who would pay a lumpsum amount of rent. The property prices in Thane are on a rise, which means that a property you buy today will have a higher value in the future, thus helping you earn even higher returns on investment.

The prime reason behind the high demand for rental homes in Thane is the corporate sector here. It consists of a large number of companies, including some of the most reputed. The employment opportunities offered by these companies attract many people who then seek rental homes. The business and employment prospects in Thane would also benefit you if you are buying the home for personal use.

Thane boasts of strong connectivity infrastructure, with a number of roads and railway routes offering seamless connectivity. You would be able to enjoy quick travel not only inside Thane but also to other important localities, such as the Eastern and Western suburbs. Moreover, extension of the metro route has also been planned in order to provide metro rail services in Thane. The plethora of amenities has led to an increase in demand for property in Thane.

Lodha Casa Viva

Lodha Group, one of the most reputed developers in India have built Lodha Casa Viva, a modern residential complex offering sophisticated 1 BHK and 2 BHK flats. The homes come at Lodha Casa Viva Prices ranging from INR 54.50 lakhs to INR 1.24 crore. The estate includes plenty of open green space, including a landscaped garden with seating area. The gymnasium here is packed with various equipment that fitness enthusiasts crave for. Other amenities worthy of mention include the swimming pool, the kids’ play area and the grand clubhouse. The property rates in Thane are increasing and along with it the prices of these apartments would rise too. Hence, it is recommended to buy your home here soon to get it at the best price.

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