NEWS

Thane In The Spotlight!

February 16, 2019

Your home-buying journey ends now! CREDAI–MCHI Thane Unit has brought a variety of homes in every budget within your reach at the 'Property 2019-Thane'

Credits : epaper.timesgroup.com

It's time to stop sitting on the fence and take the leap towards becoming a proud home-owner. And if you are hoping to invest in a home in Thane, you are in luck! The first property exhibition of 2019 is coming to Thane city. Hosted by CREDAI-MCHI THANE, the '18th Real Estate and Housing Finance Expo' will be home to prominent developers and housing loan providers. Not only that, the exhibition will also enable you to avail the best of deals available.

The satellite city has been rated as one of India’s fastest growing cities as per ‘First Smart Cities Council and Indicus Analytics’. The fast-paced Metro work, the widening of Kopri bridge along with other roads and infrastructural developments are leading Thane towards sustainable development. A study of the last six years shows that 70,000 units were added, out of which 86 per cent were absorbed. The property rates have also gone up in the last four years; thus the home-buyer can be assured of the fact that his/ her home would appreciate well over time.

A recent study by Knight Frank for prime central Thane projected a substantial appreciation in property prices by 2020. The exhibition has homes that will fit your bill, from 1-RK to luxury homes.

KEY HIGHLIGHTS

Free entry;
Pre-register on: www.mchithane2019.com ;
Free transport from Anand Cinema, Thane (East) to the venue;
Over 50 developers will showcase 500+ RERA-registered projects with financing from more than 10 banks and home finance companies.

ACCORDING TO A ANAROCK REPORT,

In 2018, Thane witnessed nearly 8,500 units launched, which contributed to nearly 14 per cent of the overall launches in MMR;

Residential sales in Thane has clocked nearly 9,700 units during 2018, which is nearly 16 per cent of the overall sales in MMR;

In terms of pricing, Thane market is much more affordable compared to Mumbai. With an average per sqft price in Thane at INR 8,750 (on BUA), residential properties in the region are at a discounted price of nearly 50 per cent of Mumbai at the end of 2018;

The market has witnessed four per cent price appreciation during Q4 2018 over Q1 2015

With developments in and around the region, the prices in the region are expected to improve in the medium term.

To Know About Thane Real Estate Development Contact Us at 022 2580 6868

Source:epaper.timesgroup.com