Ghodbunder Road in Thane has opened up new venues to many home buyers who are looking for pocket-friendly homes. In spite of the swift infrastructure developmental activities in and around this place, it has managed to remain nominally priced. People who have been watching the developmental activities in Mumbai are well aware of the fact that Thane has grown from one of the small suburban towns located at the peripheries of Mumbai to a metropolis that can take care of its needs all by itself. This place with integrated townships, expansive flyovers, broad roads, high-rise structures and uninterrupted highways has attracted both property developers and buyers that it has boosted the whole realty scenario.
Ghodbunder Road is nearly twenty kilo meters long linking the Eastern Express Highway and the Western Express Highway, the two arterial roadways of Mumbai City. The Western Express Highway is the one that begins at East of Bandra and turns into the National highway heading towards Gujarat, while the Eastern Express Highway begins at Sion and ends at Thane. Apart from offering swift access to various small-markets such as Ghatkopar, Bhandup and Mulund, this road route enables reaching Mira road from Thane in no time.
In a move to further more improve the locality’s infrastructure and connectivity facilities, development authorities has decided to come up with a monorail network that would act as a supportive service to the proposed Metro project in the region. The Metro corridor is believed to extend from Kasarvadavali to Wadala on the Ghodbunder Road. Residents are less likely to face traffic woes. Thanks to the Kapurbawdi Flyover that has been put to use to ease traffic congestions. With quick development in the cards and availability of huge land layouts, this area has received the attention of various reputed property developers. Puraniks Builder, Vijay Group, DS Group, Runwal Group, Harmony Lifestyles Group and Rosa Group are some of the property developers who are already present in this region. Due to this, the probability of finding a wide array of housing choices ranging from one bedroom apartments in thane to duplex bungalows has increased considerably.
Ghodbunder Road is also witnessing more commercial activities. Needless to say that, this area is mushrooming with more malls, retail outlets, banks, showrooms and corporate offices. MGM IT park is supposed to be one of the major business centers to begin its operations soon. Observing the prevailing situation in Thane near Ghodbunder Road, realty experts firmly believe that the prices of properties in Thane to appreciate by nearly seven to ten percent. At the moment, the worth of newly built multi-storey apartments in thane range from Forty lakh rupees to two and a half crores while the average property values are found to be in-between eight thousand and ten thousand per square feet range. When compared to the capital values of properties situated in the middle of Thane, the worth of the properties situated near Ghodbunder Road in thane is very insignificant. No wonder, property buyers are eager to grab their share of opportunity before it is too late.
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