Thane emerges as residential property destination
Thane has emerged as a preferred residential destination in recent years in Maharashtra. The main reasons being rapid development in various sections of the region.
Also the surrounding natural beauty of Sanjay Gandhi National Park, Yeoor and Parsik hills have been a factor.
An erstwhile industrial hub, the area has seen a tremendous change in recent years with an increase in high-rise structures. Social infrastructure has improved as educational institutions, multi-speciality hospitals, shopping complexes and entertainment sections have come up.
Thane Municipal Corporation has taken steps to improve overall infrastructure of the city as well.
Jones Lang LaSalle India states that Thane’s residential property market still has a lot of genuine demand and predicts that there will be a steady rise in rates as development leaps forward with the planning.
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