Ghhodbunder Road, Located in Thane west and Mira Road, a part of Mira Bhayendar municipality a part of the Thane District; are amongst the popularly growing suburbs and have risen as the emerging hotspots in Mumbai.
Mumbai today is one of the costliest places to invest in a home. Ghodbunder Road and Mira Road have emerged as affordable and lucrative options for home buyers. The growth in these areas can be credited purely to the connectivity and infrastructural developments.
Goal of investing in real estate is to make more money for your future. Investors need to be smart and have their eyes wide open to procure the perfect investment which provides a higher ROI in comparison to others.
Making a right investment at right time and location is the key for the desired investment and returns on the same. Let’s have a look at some factors that have given a surreal push to Ghodbunder Road and Mira Road.
Ghodbunder road:
Since last few years Ghodbunder Road located in Thane west is serving as a land of opportunities, be it in the field of residential or commercial segment. Experts say that, under MMR (Mumbai Metropolitan Region) Ghodbunder Road a locality in Thane city is the most rapidly growing city in Mumbai with enough land parcels available in thane that can be piled up with residential and commercial properties. Ghodbunder has come up with well-developed civic and social infrastructures also.
Ghodbunder road is a hub for many beautiful spots, schools and colleges, hospitals, Malls, banks and ATM’s etc. The easy availability of accessibilities around Thane have made it an emerging hotspot in Mumbai.
Schools and colleges:
Ghodbunder road thane provides plethora of institutions in its vicinity namely Hiranandani Foundation School (HFS), St.Xaviers English High School and Jr. College, Saraswati Vidyalaya High School and Junior College, Tatvagyan Vidyapeeth etc.
Hospitals:
Many polyclinics and hospitals are also in close proximity for instance, Orthonova Hospital, Dhanwantri Multispecialty Hospital and many more.
Banks and ATM’s: Andhra Bank, ICICI Bank ATM, Punjab National Bank, Kotak Mahindra Bank ATM, HDFC Bank and many more are available in the peripheral areas of Thane.
Malls:
Ghodbunder Road is located with many recreational malls such as R-Mall, Korum Mall, and Big Mall etc. serving as a great entertainment spot for the residents.
Fascinations:
Many real estate investors select Ghodbunder road, Thane west to buy a property as it is has many beautiful spots and fascinations all around.
An ideal for many block busters of Bollywood i.e. Maharashtra Tourism Development Corporation (MTDC) bungalow is a film shooting spot located at the top of the village. Ghodbunder fort is a famous historical point with incredible water tank that is under redevelopment plan to make it the most attracted spot at Ghodbunder Road, Thane. From Western Express Highway Ghodbunder fort is just 3kms away. Along with this Sanjay Gandhi national park is also one of the fascinations in the locality. Passing via Salsette Island one will can get picturesque view of Yeoor hills and Thane creek.
Transit Channel:
Ghodbunder Road has a good connectivity in terms of both roadways and railways. It takes 12 minutes to reach Thane Station from Ghodbunder road. Ghodbunder road serves as a link between Eastern Express Highway and Western Express Highway. Central Business districts like Powai and BKC are about 30 mins and 40 mins respectively from Ghodbunder Road Thane west. International Airport is about 45 mins from Ghodbunder Road.
New metro rail project i.e. Wadala-Ghatkopar-Thane-Ghodbunder Road and building an elevated 4.4 long freeway between Ovala and Chena Creek, is the lastest development plan at Ghodbunder road, Thane. This Locality also has many bus and taxi services available for public transport making an easy and comfortable movement in and around the localities.
Real Estate at Ghodbunder Road:
People who want to stay connected with Mumbai city but are unable to buy or rent a property in such an expensive city, investing in properties on Ghodbunder Road in thane west is one of the best alternate choices to fulfill their dream.
Earlier, Ghodbunder Road lacked in many areas and being infrastructure with narrow roads, poor connectivity, leading to high congestion and therefore investors were least interested in Ghodbunder road for any kinds of investment.
Today Ghodbunder Road has significant transformation in all areas and is becoming an ideal destinations for real estate procurements. Ghodbunder Road price rates have elevated from 3500 per sqft to 7000 or 8000 per sqft, leading to a double profit for the people who made an investment in 2009. And prices of properties at Ghodbunder Road, is expected to rise by 20 to 30 percent.
Various developers have also played a vital role in developing iconic and landmark properties in Ghodbunder Road. Here’s a glance at some of the lucrative options available at Ghodbunder Road for investment.