As per recent study by major real estate developers in thane, the Vartak Nagar area in Thane is emerging as a real estate hotspot due to a profusion of upbeat factors associated with it. We list down few of them.
With many property developers in Thane launching top residential projects, the realty market in areas like Ghodbunder road and Vartak nagar has developed very methodically. A few years back, there was no satisfactory infrastructure support and the municipal amenities were almost missing. Now with the leading property developers in Thane transforming various regions with residential development, Thane has turned into one of the most striking realty destinations for buyers and investors. Further, Thane has been experiencing good connectivity and infrastructure development, thanks to the real estate developers in Thane that have changed the past scenario.
Buying flats in Vartak Nagar Thane has been an ideal affair because of ROI for investors. In residential projects such as Kanchanganga in vartaknagar Thane, investors can expect potential gain in terms of both- capital appreciation and rental returns. “From the viewpoint of property investors, Kanchanganga in vartaknagar Thane has developed into an ideal real estate destination”, says spokesperson from Punit Group.
According to real property experts, Thane Vartak Nagar was a small residential area with tapered roads and low-rise housing developments known for a “second” home destination. Today, it has connectivity to central & western suburbs as well as with other cities via extensive flyovers, uninterrupted highways and broad roads.
If you planning to purchase 1BHK or 2BHK flats in vartaknagar thane, then you can go for well-integrated residential projects launched by Punit Group. Today, flats in vartak nagar thane are seeing rapid appreciation because of the development if IT companies, new business offices and other commercial enterprises such as retail outlets, showrooms, shopping malls and banks.
What makes Vartak Nagar stretch a smart realty destination?
Experts believe that Vartak Nagar is a more established location than most of the areas in Thane, and it still has enough ground stretch which can be urbanized. Many buyers seek to get hold of 1BHK or 2BHK flats in vartaknagar thane as an upcoming commercial setting nearby and investments here will see good appreciation in the next 5 years. Vartak Nagar moreover has good access to both, Navi Mumbai and Mumbai, and also to the widespread western suburbs.
The price line on Vartak Nagar & Ghodbunder road is the lowest compared to any other site in Thane. In the coming, the demand is absolutely going to go up and prices will escalate further, says Mr Prateek Patil, promoter of Punit Developers.
Other upcoming realty markets around Thane
Punit group in Thane is one of the top realty developers that have extended their base in the adjoining regions of Thane such as Kandivali, Vikhroli and Kurla. One of the major landmark projects in central suburbs is the Sanjivani tower in tagore nagar Vikhroli. Since it’s situated in Vikhroli east, Sanjivani tower in tagore nagar has good connectivity to other parts of the city via eastern express highway.
With the city expanding, there will be more supply in the extensive Vikhroli east region; with major demand for 2 BHK or 1BHK flat in tagorenagar area. With the investors & buyers seeking for 1 BHK & 2BHK flat in tagorenagar Vikhroli, it is expected that the rates in this region will go up in the coming years.
Adjacent to thane is Kandivali region of Mumbai that has become the prime hub for celebrities & various notable personalities. Punit Group has started with major projects in Kandivali at the most affordable housing rates.
For more info - http://www.puneetgroup.in/
By: Kunal Sutar
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