Rs. 5,850 to Rs. 25,600 is the per sq. ft price range across the prominent localities in Thane. To know which localities are the best ones for buying home in Thane with its per sq. ft price & price appreciation, read this article.
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Thane: A Future Of Real Estate
The Thane real estate market has shown resilience and growth in recent times.
In Q2 2023, Thane’s housing demand remained stable, with a 1.7% quarter-to-quarter increase in the average property rates, indicating a positive trend in property values.
Thane’s real estate landscape has evolved with areas like Ghodbunder Road, Western Thane, and Dombivli witnessing an uptick in demand during the first quarter of 2023.
The city, often referred to as the ‘City of Lakes,’ has become a prime destination for real estate investment in 2023, attracting both luxury and affordable housing projects.
Moreover, there is a growing interest among buyers for premium properties, as the sale of luxury flats in Thane has surged.
These developments, coupled with rising property rates, suggest a promising outlook for Thane’s real estate market, making it an attractive destination for investors and homebuyers alike.
Why Invest In Thane
Investing in real estate is one of the clever decisions. But why? As per the reports, considering the price appreciation factor many people have preferred real estate investment over gold, stocks, etc.
So, Thane is one of the best locations right now. Why? Know the prominent reasons below for investing here.
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Better Connectivity
Connects to Ghodbunder road, Eastern express highway, Mumbra bypass road, etc.
Trans harbor & central lines of the suburban railway network connect to Thane.
Chhatrapati Shivaji Maharaj International Airport is just an hour’s drive away.
The upcoming Mumbai to Ahmedabad bullet train is expected to have a stop at Thane helping boost connectivity.
The upcoming Thane-Borivali tunnel will minimize the travel time between the two from 2 hours to 15 minutes.
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Multiple Social Infrastructure Options
Access to quality healthcare services at the nearest Hiranandani & Jupiter hospital.
Has multiple schools, colleges & vocational training centres across Thane.
Offers numerous malls & shopping centers with shopping, dining & entertainment options. I. e. Viviana Mall, R-mall, Korum mall, etc.
Thane is currently a developing hub of the commercial & IT sector.
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Destination Of Top Builders
Thane is currently a developing location in the residential sector, so many top Grade A developers have chosen Thane as their captivative real estate destination.
Lodha, Dosti Realty, Hiranandani Developers, Kalpataru, Puraniks, Raunak Group, Runwal Developers, Piramal Realty, Rustomjee, Raymond Realty, Sheth Group, etc are a few of those top real estate developers.
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Future Price Growth
In the last 10 years, Thane had a 37% property price appreciation.
To consider its growth stability the thing we have to focus on is how it reacts during troubles in the real estate market.
However, as per the decade of the report, Thane always had a growth approach.
So, list Thane as one of the destinations for investing in real estate.
Property Rates In Thane
Rs. 17,850 is the latest average per sq. ft price in Thane.
However, Thane holds many localities that have a unique average per sq. ft price & property price appreciation.
The average per sq. ft price range in Thane will be around Rs. 5,850 to Rs. 25,600 considering the latest property prices of Thane’s localities.
So check out the below-listed localities to compare their prices & growth potential for you to invest in the best.
| Locality In Thane | Average Per Sq. Ft Price | YoY Price Appreciation |
| Ghodbunder Road | Rs. 17,500 | 2.4% |
| Hiranandani Estate | Rs. 23,700 | 15% |
| Majiwada | Rs. 18,000 | 3.7% |
| Manpada | Rs. 19,520 | 9% |
| Vasant Vihar | Rs. 19,590 | 5% |
| Vartak Nagar | Rs. 17,630 | 3.2% |
| Kalher | Rs. 8,700 | 26.1% |
| Lokmanya Nagar | Rs. 12,920 | 7% |
These are few of the prominent localities in Thane that has affordable, mid-section & premium property ranges.
Thane: Review & Ratings By Residents
Prior to buying a house in any locality considering the lifestyle, safety, environment & connectivity aspects of it is a must.
So, to help you out in this, we have mentioned below the review & rating of the actual residents of Thane.
Have a look to know what’s best here.
- Lifestyle
Accessibility to day-to-day necessities & conveniences makes a preferred destination for buying home in Thane.
Lifestyle In Thane: 4.5/5
- Safety
Future residents need not worry about safety here at the peak hours stated by the present residents.
Safety In Thane: 4.3/5
- Environment
Well-maintained parks, sufficient greenery in the surrounding, better air & water quality, low pollution, etc make the residents live in a better environment.
Environment In Thane: 4/5
- Connectivity
Good public transport facilities, easy auto & cab availability, nearby metro connectivity, access to railway station & highways makes better & multiple connectivity options.
Connectivity In Thane: 4.5/5
Best 1 BHK For Buying Home In Thane
Rs. 44.85 lakhs to Rs. 84.45 lakhs is the minimum price range for 1 BHK best projects in Thane.
The Top 7 luxurious 1 BHK flats in Thane with prices & carpet areas are mentioned below.
- Raunak Bliss
The Raunak Bliss 1 BHK flats in Thane start from Rs. 62.99 lakhs to Rs. 84.45 lakhs for 570 sq. ft to 660 sq. ft.
- Dosti Nest
The Dosti Nest 1 BHK flats in Thane start from Rs. 61.57 lakhs to Rs. 73.83 lakhs for 288 sq. ft to 458 sq. ft.
- Raunak 108
The Raunak 108 1 BHK flats in Thane start from Rs. 59.16 lakhs for 412 sq. ft.
- Raunak Codename Hundred Percent
The Raunak Codename Hundred Percent 1 BHK flats in Thane start from Rs. 54.9 lakhs for 412 sq. ft.
- Vihang Nova
The Vihang Nova 1 BHK flats in Thane start from Rs. 48.9 lakhs to Rs. 59.9 lakhs for 339 sq. ft to 461 sq. ft.
- JVM Aroma
The JVM Aroma 1 BHK flats in Thane start from Rs. 45.82 lakhs to Rs. 61.57 lakhs for 286 sq. ft to 308 sq. ft.
- Unnathi Woods Phase 7B
The Unnathi Woods Phase 7B 1 BHK flats in Thane start from Rs. 44.85 lakhs for 575 sq. ft.
Best 2 BHK For Buying Home In Thane
Rs. 1.36 Cr to Rs. 2.27 Cr is the price range for the 2 BHK best projects in Thane. Many renowned developers are offering the 2 bedroom flats at the affordable price.
The Top 5 best interior 2 BHK flats in Thane with prices & carpet areas are mentioned below.
- Hiranandani Belicia
The Hiranandani Belicia 2 BHK flats in Thane start from Rs. 2.16 Cr to Rs. 2.27 Cr for 779 sq. ft to 783 sq. ft.
- Lakhani Empire Towers
The Lakhani Empire Towers 2 BHK flats in Thane start from Rs. 1.75 Cr to Rs. 2.11 Cr for 697 sq. ft to 825 sq. ft.
- Raymond Realty Oasis
The Raymond Realty Oasis 2 BHK flats in Thane start from Rs. 1.74 Cr for 670 sq. ft.
- Ashar Pulse
The Ashar Pulse 2 BHK flats in Thane start from Rs. 1.5 Cr for 650 sq. ft.
- Kalpataru Paramount Oleander
The Kalpataru Paramount Oleander 2 BHK flats in Thane start from Rs. 1.36 Cr for 711 sq. ft.
Best 3 BHK For Buying Home In Thane
Rs. 1.28 Cr to Rs. 2.54 Cr is the price range at the 3 BHK best projects in Thane. And this is at the residential projects of Grade A developers.
The Top 5 modern style 3 BHK flats in Thane with the prices & carpet areas are mentioned below.
- Piramal Vaikunth Cluster 2
The Piramal Vaikunth Cluster 2 project 3 BHK flats in Thane start from Rs. 2.54 Cr for 950 sq. ft.
- Codename Double View
The Codename Double View 3 BHK flats in Thane start from Rs. 2.1 Cr for 1031 sq. ft.
- Runwal Zenith
The Runwal Zenith 3 BHK flats in Thane start from Rs. 1.89 Cr to Rs. 2.2 Cr for 967 sq. ft to 1217 sq. ft.
- Vijay Enclave
The Vijay Enclave 3 BHK flats in Thane start from Rs. 1.59 Cr for 1000 sq. ft.
- Lodha Casa Tiara
The Lodha Casa Tiara 3 BHK flats in Thane start from Rs. 1.28 Cr for 1075 sq. ft.
FAQs
| What is the latest per sq. ft price range in Thane?
Rs. 5,850 to Rs. 25,600 is the latest average per sq. ft price range in Thane |
| What is the average per sq. ft price in Thane?
Rs. 17,850 is the latest average per sq. ft price in Thane. |
| Which is the best 1 BHK project for buying home in Thane?
Raunak Bliss, Dosti Nest, Raunak 108, Raunak Codename Hundred Percent, Vihang Nova, JVM Aroma & Unnathi Woods Phase 7B are the top 7 best 1 BHK projects for buying home in Thane |
| Which is the best 2 BHK project for buying home in Thane?
Hiranandani Belicia, Lakhani Empire Towers, Raymond Realty Oasis, Ashar Pulse & Kalpataru Paramount Oleander are the top 5 best 2 BHK projects for buying home in Thane. |
| Which is the best 3 BHK project for buying home in Thane?
Piramal Vaikunth Cluster 2, Codename Double View, Runwal Zenith, Vijay Enclave & Lodha Casa Tiara are the top 5 best 3 BHK projects for buying home in Thane. |
