Realtor's Perspective On Thane's Future
June 2022
Real estate developers and real estate consultants are partners in the sales and marketing process.
As a real estate consultant, I have seen that there exists mutual respect between developers and consultants across the country, but in Thane, as Thane Estate Agents Association (TEAA) President, I would reiterate the fact that we have high levels of co-operation and co-ordination between CREDAI-MCHI Thane and the TEAA.
I have been a member of TEAA from the Year 2008, and since then, I have been witness to the vital role played by our TEAA members in the marketing and sales of Thane’s real estate. TEAA has always been in the forefront of organizing real estate markeng and sales driven activities. We have organised more than 100 events for our Members in co-operaon with CREDAI-MCHI Thane over the past few years.
In other real estate markets, the situation is different – there is an element of jealousy, unwillingness to work ‘in sync’ among other
challenges; but in Thane the relation between real estate developers and real estate consultants has always been cordial. Over the years, this co-operation has grown even as the city expanded and new micromarkets came up. From Shilphata to Bhayandar Pada and all the locations in between, TEAA members have been guide-posts to the process of real estate development, and it has always been in partnership with CREDAI-MCHI Thane.
Now, with the upcoming infrastructure structure growth, and the plans for new roads and flyovers as also the Metro Project, we will see
a changed outlook for Thane’s real estate. The waterway which will connect Vasai – Virar with Dombivli - Kalyan through the centre point Thane, will enhance the interactive reach of real estate markets which'll recently were considered distant. The tunnel through the National Park will impact Thane’s property prices in the same way as the WorliBandra Sealink brought Worli’s property price points to Bandra’s real estate.
This merging of micro-markets across different geographies will change the paradigm, and Thane’s real estate will broad-base itself across larger distances, leading to exponential growth in property sales, with Thane as the main focus, the centre-point. TEAA will have to gear up to face the new opportunies which these new developments will throw up, but TEAA’s dedication to Thane will always remain constant, and will always grow in sync with CREDAIMCHI Thane.
What I have observed since the past two decades is that property prices in Thane have slowly and steadily moved upwards. The best part is that over two decades down the line, the trend is still the same. This makes Thane a great investment opportunity for some more years.
As the natural advantages of location and standard of living across locations in the city continues to win the heart of people, who end up making Thane ‘home’. Thane is truly blessed by Mother Nature, with verdant greenery, Beauful mountains, lush green hills, lakes and the Ullhas River, all of which make Thane a peaceful location - the key to being attractive to home buyers.
Over and Above this, the Real Estate Developers of Thane have constructed such lovely complexes with high rises and luxurious amenities, with the result that home seekers across the Mumbai Metropolitan Region dream of buying a property in Thane. In this process of reaching out to potential home buyers, TEAA cooperates with CREDAI-MCHI Thane and we go along hand in hand and support through events which we hold.
TEAA has conducted a City Convention with support from CREDAIMCHI Thane. Looking at the tremendous growth of real estate sector in Thane, TEAA in association with CREDAI-MCHI Thane had organised a Convention in 2020, where we had Invited National Association of Realtors - India (NAR-India), when we had Mr. Naresh Mhaske, the Mayor of Thane as the Chief Guest.
CREDAI-MCHI Thane is a well organised association of Builders and Developers of Thane, the best part being that almost all its members try to keep up their commitments and keep their customers happy.
Lawrence Anthony Shetty,
President, TEAA
Also read: MCHI Thane Virtual Expo 2022 Is Back
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