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Top Localities to Consider in Thane and Beyond, in 2020

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Top Localities to Consider in Thane and Beyond, in 2020 31/07/2020 Top localities in Thane for buying properties and renting homes Home (https://housing.com/news/) » Property Trends (https://housing.com/news/category/property-trends/) » Locality Trends (https://housing.com/news/category/property-trends/locality-trends/) » Top localities to consider in Thane and beyond, in 2020 BY SNEHA SHARON MAMMEN (HTTPS://HOUSING.COM/NEWS/AUTHOR/SNEHA-SHARON-MAMMEN/) | JULY 31, 2020 Top localities to consider in Thane and beyond, in 2020 Here’s all you need to know about the Thane property market and the top localities to buy or rent houses Table of Contents [hide] Overview of price trends in Thane 1. Kalyan 2. Ambernath 3. Badlapur 4. Dombivli https://housing.com/news/top-localities-in-thane-maharashtra/ 1/10 31/07/2020 Top localities in Thane for buying properties and renting homes 5. Ghodbunder Road and Kasarvadavali FAQs Over the years, areas adjacent to Mumbai have become popular, because of their affordability. Among these, Thane district, once a sleepy hamlet, has developed at a consistent pace over the past few years. Here is all you need to know about the micro-market and the top localities in Thane. Overview of price trends in Thane 1. Kalyan A part of the Mumbai Metropolitan Region (MMR), Kalyan may be small but it is strategically located, when it comes to the connectivity it offers. While east Kalyan is growing faster, west Kalyan also has developed infrastructure. The suburban railway line divides Kalyan into east and west. When it comes to affordable housing, builders in Thane tend to turn to Kalyan, as it helps them to fulfill the demand from budget-conscious buyers. https://housing.com/news/top-localities-in-thane-maharashtra/ 2/10 31/07/2020 Top localities in Thane for buying properties and renting homes Kalyan offers smooth connectivity via roads and rail. It is served by major highways, such as NH-3, NH-4 and the Eastern Express Highway, as well as the local railway station. The airport is eight kilometres away. The Kalyan-Dombivali Municipal Transport (KDMT) serves the area. Popular areas in Kalyan west, beyond Thane Locality Average price per sq ft Godrej Hill Rs 6,309 Chanakya Nagar Rs 5,963 Gandhar Nagar Rs 7,056 Raunak City Rs 5,703 Yogidham Rs 7,045 Jijamata Colony Rs 6,107 Adharwadi Rs 6,017 Sapad Gaon Rs 5,786 Swanand Nagar Rs 9,025 Manik Colony Rs 7,373 Check out properties for sale in Kalyan west (https://housing.com/in/buy/mumbai/kalyan_west) Popular areas in Kalyan east, beyond Thane Locality Average price per sq ft Tisgaon Rs 5,510 Tisgaon Naka Rs 7,075 Kolsewadi Rs 4,772 Neelkanth Nagar Rs 5,591 Prabhuram Nagar Rs 4,000 Check out properties for sale in Kalyan east (https://housing.com/in/buy/mumbai/kalyan_east) 2. Ambernath The upcoming Chikoli railway station is likely to bring relief to commuters travelling between Ambernath and Badlapur. This will also determine investment pattern in and around the area. The Navi Mumbai International Airport (https://housing.com/news/impact-of-navi-mumbai-airport-on- https://housing.com/news/top-localities-in-thane-maharashtra/ 3/10 31/07/2020 Top localities in Thane for buying properties and renting homes mumbai-property-prices/) will also be accessible via a highway. The only caution that prospective home buyers should consider, is that the property should be in a designated land and not forest area. Average property price: Rs 4,100 per sq ft. Average rental price: Rs 6,480 per month. Check out properties for sale in Ambernath west (https://housing.com/in/buy/mumbai/ambernath_west) 3. Badlapur Badlapur, like any other area in and around Thane, has emerged from being an industrial area to a residential hub. The area enjoys reasonably good social infrastructure, with proper healthcare, financial and educational facilities in the area. Home buyers mainly flock to this area, because of its affordability. Average rental price: Rs 5,460 per month. Popular areas in Badlapur west Locality Average price per sq ft Valivali Gaon Rs 3,684 Shanti Nagar Rs 4,768 Shaninagar Rs 3,865 Manjarli Gaon Rs 3,982 Sarvodaya Nagar Rs 4,101 Check out properties for sale in Badlapur west (https://housing.com/in/buy/mumbai/badlapur_west) Popular areas in Badlapur east Locality Average price per sq ft Patil Pada Rs 3,851 Check out properties for sale in Badlapur east (https://housing.com/in/buy/mumbai/badlapur_east) https://housing.com/news/top-localities-in-thane-maharashtra/ 4/10 31/07/2020 Top localities in Thane for buying properties and renting homes 4. Dombivli Dombivli is an ideal location for people looking for properties for end-use, as well as investment, with many options available. Two suburban railway lines serve the area, thereby, making it easy for those who work in areas further away to commute. The upcoming airport will enhance the prospects of Dombivli and areas around it. In terms of social infrastructure, Dombivli is developing and offers a comfortable lifestyle. Average rental price: Rs 12,500 per month. Popular areas in Dombivli Locality Average price per sq ft Dombivli east Rs 6,135 Dombivli west Rs 6,682 Thakurli Rs 7,130 Kalu Nagar Rs 6,909 Desale Pada Rs 5,487 Kumbharkhan Pada Rs 6,286 Mhatre Nagar Rs 7,057 Nava Pada Rs 7,034 Devichapada Rs 6,209 Ramnagar Rs 8,945 Check out properties for sale in Dombivli west (https://housing.com/in/buy/mumbai/dombivli_west) 5. Ghodbunder Road and Kasarvadavali The two areas together provide a lot of affordable options for prospective home buyers. The metro rail corridor (https://housing.com/news/mumbai-thane-metro-line-finally-become-reality/) between Wadala to Kasarvadavali on Ghodbunder Road, will provide smooth connectivity. Besides, Ghodbunder Road is a connector between the Eastern Express Highway (EEH) and the Western Express Highway (WEH). Given the connectivity, the area has witnessed projects by some of the most popular developers. Kasarvadavali comes under Ghodbunder Road and has also seen some good projects and infrastructure development, over the years. Average property price: Rs 10,761 per sq ft. Average rental price: Rs 23,092 per month. https://housing.com/news/top-localities-in-thane-maharashtra/ 5/10 31/07/2020 Top localities in Thane for buying properties and renting homes Check out properties for sale on Ghodbunder Road (https://housing.com/in/buy/mumbai/ghodbunder_road_thane) FAQs Can I get good rental returns in Thane? Thane is a popular micro-market with rental values averaging at Rs 24,400 per month, as of June 2020. The rents range between Rs 5,000 and Rs 2 lakhs per month. What is the average rent in Hiranandani Estate? The average rent in Hiranandani Estate is Rs 34,174 per month. What are the popular locations in Thane to buy or rent property? Popular locations in Thane to buy or rent property include Dombivli, Ghodbunder Road, Kalyan, Ambernath and Badlapur, among others. Was this article useful? Related Posts https://housing.com/news/top-localities-in-thane-maharashtra/ 6/10 31/07/2020 Top localities in Thane for buying properties and renting homes Saket Property Market: Overview. (https://housing.com/news/saket-property-market-overview-2/) Vasundhara property market: An overview. (https://housing.com/news/vasundhara-property-market-overview/) Dwarka Mor property market: An overview. (https://housing.com/news/dwarka-mor-property-market-overview/) Ghaziabad: Will it be the next Gurgaon?. (https://housing.com/news/ghaziabad-will-next-gurgaon/) https://housing.com/news/top-localities-in-thane-maharashtra/ 7/10 31/07/2020 Top localities in Thane for buying properties and renting homes Virar property market: An overview. (https://housing.com/news/virar-property-market-overview/) Salt Lake City Property Market: An Overview. (https://housing.com/news/salt-lake-city-property-market-overview/) in 2020 (https://housing.com/news/tag/in-2020/) Top localities to consider in Thane and beyond (https://housing.com/news/tag/top-localities-to-consider-in- thane-and-beyond/) REAL ESTATE NEWS, DELIVERED TO YOU WEEKLY Email Submit For any feedback, write to us at [email protected]. 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