Owning a
dream house is a life time achievement. Especially in Mumbai, where the cost of living is
at par with world’s most developed city. The rates are beyond common men reach.
But Thane,
a mega township and expanding fast, is a destination for the budgeted desire and needs of
those who are still hunting their dream home. According to 1961 census the population of
Thane city was 1,01,000.
Thane is 39
kms from Mumbai by road and 34 kms by rail. During the 1951-61 decade its population
increased from 51,155 to 1,01,000, an approximate increase of 100 %.
Since then it has increased with the same rate and now it is touching 15 lakh. The rapid
growth of industries in and around Thane. The old gaothan of the town is very much
congested.
In the
remaining municipal area outside the gaothan, there is a heavy concentration of industries
land allocated for industrial user in the Development Plan of Thane amounting to almost
half of the total area within the municipal limits. A similar pattern is repeated in the
area of village Kolshet, Balkum, Chitalsar upto Kavesar where also land zoned for
industries is upto 50 per cent of total area. Rapid industrial development and a fast
increasing population have in the absence of new housing given rise to hutment slums in
the vicinity of industries and these are about 21000 families in such hutment colonies.
Thane is well connected by rail and roads. The Thane railway station acts as a major
commuter distribution centre. Thane sends out commuter to Mumbai as also receives
commuters during their onward journeys to work areas in Kolshet, Balkum or Thane Belapur
complexes. This cross commutation pattern has mainly arisen because housing has not at all
kept pace with demands created therefore by developing employment areas.
The most
important city in central suburbs, Thane is best buy for budget buyers. Plenty of space
and good amenities are waiting for their takers. Hiranandani Constructions, Sheth Group,
Santacruz Contractors and Builders had constructed land mark projects in the area. Polaris
and Princeton by Hiranandanis, Glen Dale from Tata Housing are some of the project at par
with any world class buildings. Record construction time and ultra modern amenities in
these projects have enhanced the areas demand.
Garden
Estate by Santacruz Builders are one of the land mark project constructed ever in the
city. Agrawal Habitats’s Valley Tower, Rajeshwari Towers by Raj Rajeshwari Builders,
Kores (I) Ltd., Maitri Nirmal by Dosti Group and Raunak Park by Raunak Enterprises are
some of the best project in Thane.
Mantri
Group of Pune are developing Mantri Laxcon at Kalyan, near Thane is also worth in all
aspects. Marathon Group is also developing land mark projects in Mulund.
In all, major builders are in big leap for total development of Thane city and its
outskirts.
The
property rates have increased in recent past. Ten to 15 % increase in property rates for
residential accommodation has been recorded in the year1998-99 . Commercial properties are
also having very good demand in the area. Good time ahead.
