THANE

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.