Mistakes to avoid while planning to buy flat in Thane

Common Mistakes to Avoid While Planning to Buy Flat in Thane

Have you seen advertisements to buy flat in Thane? Or have you been dreaming of and thinking hard about buying a flat in Thane? Buying a house could be one of the most important decisions of anybody’s life, especially if this is your first time buying a flat. 

Financially, we have to be careful and avoid any or all mistakes that could be avoided. Falling for tricks and traps set up by developers will do us no good. However, we should recognize that this could also be one of the most exciting tasks of your life. 

On top of that to buy a flat in Thane is not even hard of a job. Still, precaution is always better than cure. Below, we list a few things you can keep in mind while looking for real estate in Thane. 

Residential property rates in Thane

Below are the Thane residential property rates you need before buying a flat in Thane. But first, let’s get to know Thane a little more. 

Thane is one of the major cities of Maharashtra. It is located in the northeastern corner of Salsette Island. Thane city is within the Thane taluka, one of the seven taluka that make up the district. 

Since 2000, the real estate production of Thane has increased, especially in residential areas. This is mostly because of the Ghodbunder route, a 20-kilometer stretch filled with many construction works developed by famous developers. It is truly the prime location to move into because of the growing infrastructure. 

Also Read: Most Recent Property Rates in Mumbai.

Thane has caught the attention of a few respectable developers, such as Godrej Estate, Rustomjee Constructions, Lodha Group, Hiranandani, Dosti, and Haware. It is a well-known fact that they develop luxurious residences with world-class facilities. 

These developers answer your questions perfectly of what is the best place to buy flat in Thane. 

Thane residential property rates are calculated based on its square feet. 

Since Thane has more big brands developing in the major townships than any other place in India, it is only natural for the price range to be slightly higher than the average price of real estate. Therefore, the housing rates in Thane are more rational. 

New low-budget constructions in Thane

Since Thane’s real estate pricing is cheaper than Mumbai city, it makes Thane one of the best places to live in. Moreover, the proposed Metro rail and construction of buildings have added charm even more. 

Click here to explore the Top 10 Property Transactions in Majiwada, Thane-November 2022

If you want to know about the new construction in Thane low budget, read on further because we have lots of spicy information for you!

First up is One Hiranandani Park, one of the best projects by the Hiranandani Group. This project is adorned with ultra-spacious apartments with the best facilities needed for a lavish lifestyle. 

It comprises 8 amazing towers that make up your dream homes. From lush green gardens to architecture with an aristocratic choice, One Hiranandani Park has everything. 

Next up is one of the best top developers, the Lodha Group. They have got experience of more than 41 years of experience in real estate. They offer apartments in Thane from 1 Bhk flats to 3 in Thane, fulfilling every dream. 

One of the best housing projects in Thane is Lodha Splendora. Following Splendora comes Lodha Crown, Lodha Casa Viva, Crown Lodha Quality Homes, Lodha Casa Celeste, Lodha Codename Unbelievable, and many more. 

Let’s take Vista Godrej Emerald, for example, next. It is one of the most exciting projects by Godrej Properties on G.T. road or Ghodbunder road. Vista Godrej Emerald offers more than 40 amenities and a breathtaking view of Yeoor Hills. 

New construction in Thane’s low budget is One Hiranandani Park, Lodha Splendora, and Vista Godrej Emerald, along with many more. Some of these flats are ready to move, while others are semi-furnished, all located in Thane. 

Which is the best place to buy flat in Thane

Thane is one of the best places to live. However, if your question is, what is the best place to buy flat in Thane? Then let us present you with an answer to that question. Below we will discuss where you can find the best place to buy a flat in Thane. 

Thane has a well-connected system of Metro rails that join it with Mumbai and other states. Not only through metro rails but also via roadways and railways. There will be many developing locations in the near future, while others are already developed.  

These development plans proposed by the government have their price range steadily increasing. And since people are opting for Thane as their residential hub, Thane is also emerging as a real estate hub.  

Best Places to Invest in Thane:

Also read: How to register property in Thane

  • Ghodbunder Road

This road runs through many localities, such as Hiranandani Estate, Patlipada, Kasarvadavali, Brahmand, Kavesar, and Majiwada road Thane West. 

Because of these developments, G. T. Road has become one of MMR’s most desirable real estate destinations. 

  • Manpada

Manpada is one of the emerging real estate places because of the many projects already underway. It is one of the prime locations, seeing huge developmental plans. Along with this, it is one of the great places to invest. 

  • Kolshet road

This road connects Western Express Highway to the Eastern. It is a bypass for Ghodbunder Road, also known as G. T. Road. 

Click here to search for popular properties in Kolshet Road.

Kolshet road is in a developing stage already. Retibunder, Kolshet creek, supplies sand for construction sites. 

  • Asangaon

Asangaon’s real estate is developing as an affordable and mid-segment housing hub. It caters to homebuyers who are looking for cheap and affordable homes. 

These sites are already available for possession, offering great facilities and connectivity, while some are still under construction. 

Asangaon offers amazing and picturesque views of the Sahyadri Mountains with unending acres of greenery scenarios. 

I hope this answers your question about the best place to buy a flat in Thane.2

Advantages and disadvantages of buying a resale flat

One of the most important decisions we make is buying our dream house. There might be more than hundreds of options in the primary market, but let’s not forget about resale flats. 

Resale markets are great places to avail discounts when the primary real estate market is down. In addition, this market offers ready-to-move-in apartments with flexible payments and rapid possession. 

Are you asking yourself if it is worth buying a resale flat in Thane? Then, we will answer for you.  

Advantages of Buying a house

  • Older houses are more affordable. 
  • The planned location could serve as an important point. 
  • Resale flats may have better neighborhoods and ambiance. 
  • No need to pay EMI or rent. 
  • Amenities are pre-installed. 

Conclusion

We hope this answers your question of whether it is worth buying a resale flat in Thane.

Check out the PropertyOk blog page to get answers to your real estate doubts.

Frequently Asked Questions

1. What precautions must be taken while buying a flat?

Answer. All the documents should be studied and checked carefully. Along with the documents, the land records and records of the sub-registrar should also be collected and taken a look. 

2. What are the advantages of buying a flat?

Answer. 

  • No uncertainty.
  • Easy financing options.
  • Tax benefits on the home loan.
  • Building your asset.
  • No compromise.
  • Emotional security
  • Easy financing options
  • No landlord hassles.

3. Is Thane a posh area?

Answer. Thane is indeed one of the most expensive areas in the whole country. People move to Thane for its famous infrastructure and development areas. And since it is becoming a residential hub, the area is also increasing in worth and luxury. 

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