Thane - Mumbai's Suburb for Luxury Homes

Thane - Mumbai's Suburb for Luxury Homes

04 Jan 2017

Thane is one of Mumbai's most loved suburbs, but how well do you know this beautiful residential district on the Konkan coast?

The Birth of Thane 

Long before Mumbai became the commercial powerhouse that it is today, Thane was a sleepy town on the Konkan coast. Visited by ancient travelers like - Ibn Battuta from the far-east and Abdul Feda, who described it as a languid fishing town with numerous lakes. Fast forward a thousand years, and Thane becomes part of the Mumbai Metropolitan region during the rapid expansion of the city during the 90's.

Read these 5 points carefully if you are looking to invest in a residential property in Thane. There's no better time to dip your fingers into this cosmopolitan haven. 

1. It's a family centric neighborhood 

Thane is one of the best suburbs to raise a family in Mumbai. The locality is home to numerous schools and colleges that have won accolades like the famous Hiranandani Foundation School & A.P Institute of Technology. 

The suburb also has a number of public gardens and parks, which makes for exciting family outings. In short, if you wish to spend a quality time with your family, buy a residential apartment in Thane.

2. Entertainment galore & much more

Fact! Thane is an entertainment hot-spot, gravitating weekend frolickers from neighboring suburbs to its numerous malls and Cineplexes. Whether you're in the mood for a movie or an afternoon spent chatting with friends at a cozy cafe, Thane has that and much more in umpteen options to choose from.

3. It's an Upscale Locale

If you're exploring Mumbai for a neighborhood that matches your stature, then we're glad your search has brought you to Thane. The suburb is better planned than most other bustling locales of Mumbai, with some of the best developments in the Metropolitan region. From posh gated communities to towering skyscrapers, the area has a number of trendy residential complexes with matching amenities, with the lush Yeoor hills in the backdrop. 

4. Thane greens with the seasons 

With the beautiful Yeoor Hills in the backdrop, which spring to life with all the colours of the monsoon, Thane also has adequate tree cover, numerous lakes, the Sanjay Gandhi National Park, and a number of hiking and picnic spots on the outskirts. Thanks to all this green-filtration, the suburb enjoys clean air all through the year. This is one of the prime reasons why residential properties in Thane are in high-demand. 

5. Excellent Value Appreciation

Thane was the first suburb in Mumbai to upend the slow growth of real estate appreciation during 2015, by recording a whopping 6% growth in real estate value during 2016. Thane being a sought-after suburb makes it a promising area to invest in residential properties, with great year-on-year appreciation and a perennially high demand for homes.

If you wish to buy a residential property in Thane, zero-in on Puraniks City Reserva. Located on Ghodbunder Road, Thane, this project of 1 & 2 BHK residential apartments is spread across 3 acres that takes advantage of the suburb's best assets. Designed to emulate the villa life, the development features private & spaciously designed apartments that rise above the rest.

To know more about these exceptionally designed apartments in Thane, click

Search Puranik's blog