Kharghar Thane: A Fascinating Real Estate option

Real estate investments in and around Thane have witnessed a positive trend over the last few years. Given that Thane enjoys the proximity to the commercial city, Mumbai, investors have been keen to buy residential and commercial properties around Thane and its localities.

Several areas like Kharghar have been drawing investors from various cities, thanks to the rapidly developing infrastructure in the region. Various real estate developers have come up with sophisticated projects in this area over the last decade.

The demand for sophisticated residential and commercial property in these areas has been increasing. Homeowners looking for a place less crowded than Mumbai are moving to Kharghar in Thane.

This locality fulfills all the criteria, that define urbanization. A well-developed connectivity and transportation infrastructure, the availability of schools and colleges around the estates and a strong commercial market facilitate the growth of real estate around this locality.

Even commercial property investors are looking forward to buying a property in Kharghar so that they can tap the lucrative market around the area.

Here are some of the factors, that have fuelled the growth of Kharghar is an important real estate hub around Thane.

Connectivity

Places around Thane have witnessed rapid development in the real estate front. Thanks to the strategic location and favorable policies formulated by the government, it has emerged as one of the most sought places to buy a home.

Particularly, the proximity to the airport and railway station makes it a viable investment destination. The industrialization in this area had started back in the ’80s, and still, it is growing strong.

Presently, corporates like Microsoft, HP, Paytm, Coca Cola, Hero MotoCorp and Zomato have their offices in this region. Mumbai presently has branches of more than 250 companies, that have made their way into the list of Fortune 500 Companies.

Besides, other companies like Raheja and DLF have established their offices around this area. Some mixed-use properties have also come up around this area in recent years. The area is located close to the metro, and the residents can get a seamless approach to different parts of the city.

Here are some facts and figures, that you would find interesting:

The railway station at Kharghar connects the area to other prominent commercial places. People residing in the apartments here can easily reach Panvel, which is on the Harbour Line of the suburban line of Mumbai. The Chhatrapati Shivaji Terminus is just an hour away.

The Sion-Panvel Highway further strengthens the connectivity in the region. The Mumbai-Pune Expressway, consisting of 6 lanes, starts at Kalamboli. From Kharghar, it lies at a distance of 4 Kms.
One can easily reach Kharghar from other places like Thane, Nashik, and Pune.
You can also reach other places like Vashi, Sion, Dadar, and Thane from Kharghar.

Social amenities and schools

One of the other reasons for the popularity of Kharghar is the availability of many schools and healthcare institutions. The residents can enjoy quality healthcare and education facilities around the area. Besides, you have a large number of entertainment zones, shopping malls, and restaurants in Kharghar.

One can also get across to the Institute of Fashion Technology easily from the apartments. Other important institutes in the area include the Convent of Jesus and Mary School and College, Institute for Technology and Management, Bal Bharati Public School, DAV International School, and Apeejay School.

The prominent hospitals located in this area include Tata Memorial Hospital, Utsav Eye Clinic, and Geo Medicare Satyam Multispeciality Hospital. The residents can also reach the banks and ATMs around the area seamlessly. Several amusement parks are located around the area.

The demand for property in Thane is also on the rise.

Prominent employment hubs

Commercially, Kharghar has been attracting residents over the years. The prominent business zones in and around Mumbai can be easily reached from Kharghar. The prominent companies operating in the region include Jaypee Cement, Divide by Zero Technologies and Vapco Engineers.

One can also reach Reliance Corporate Park, located at a distance of 18 km. from the complex. Most importantly, one can reach Thane, an emerging IT hub, which is located just at a distance of 11 km. from the estate. Another important location is Vikhroli, located 15 km. away.

Besides, the residents can reach Panvel, one of the fast-developing commercial hubs, located only 5 Kms. away from the complex.

Buying a residential or commercial property in Kharghar would be a wise decision, given that the property values are consistently increasing in this region. The residents are looking forward to purchasing quality apartments, which are loaded with lifestyle and healthcare amenities. Besides, most of these new projects come in green living facilities.

This enables the residents to live close to nature in relaxation and peace. You might also find the commercial properties in the areas lucrative.

The rental returns are high indeed, and you might consider purchasing one of the Thane properties now.