Thane – your new residential address

Real Estate Scenario in Nashik

Buying a new home or investing in a second home is an exciting opportunity for most individuals. Considering that real estate is a heavy investment, thorough research of the location, builder, etc is an absolute must. With the real estate market picking up after the pandemic, Thane residential projects are the best choices to invest for profit or personal use.

Infrastructural developments:

Thane offers some of the best social infrastructures for you to make use of, which will increase the value of your home. It houses various malls in and around the locality. Viviana being one of the biggest malls in Thane is a home to various branded stores and elite restaurants followed by Korum mall. The city has experienced significant development in commercial properties, with many multinational corporations and large corporations establishing their headquarters here. The comprehensive road infrastructure development has resulted in a significant increase in property investment.

Connectivity:

Over the last few years, Thane has seen a transformation like no other. The advantage of good connectivity with Nashik, Bhiwandi, Western Suburbs along with a developing infrastructure have made it a hot spot. The project for three flyovers is underway at Majiwada which connects the residents to places such as Mulund, Thane-Bhiwandi and Mira Road and the upcoming Borivali tunnel which will further reduce the travel time. The upcoming Metro project of Thane will also increase the connectivity around this suburb. These major development plans by the government are increasing the property rates and giving rise to premium housing options.

Choose the best:

People are increasingly seeking comfortable, healthy, and safe surroundings to live and Thane fulfils this need. With Ashar Group being one of the most preferred real estate brands in the residential and commercial segment and with its upcoming residential projects in Thane, has 7.5 million sq.ft under development, zero RERA complaints, 3 years average construction timelines and over 700+ units sold in 2021-2022. All these projects offering 1 & 2 bhk flats in Thane are located in very prime locations.

Iconic projects in Thane:

Ashar Axis - Ashar Group

Ashar Axis gives you an experience that’s fit for life. This 35-storey high luxurious tower has vastu compliant homes with 1 metre wide sun deck and thoughtfully designed homes for ample ventilation. Well connected within Thane and major routes, you can live your dream life here.

  • Possession: Dec 2026
  • Location: Majiwada, Thane West
  • Configuration: 1 & 2 BHK
  • Amenities: Box Cricket, Mini Golf, Stargazing Deck, Yoga & Meditation Deck, Infinity Swimming Pool, Kids Pool, Indoor Games Area, Gym, Amphitheatre, Jogging track
  • Starting Price Rs. 89 Lacs*
Ashar Arize at Kalwa
Ashar Arize is where breathtaking views with complete serenity meet the modern comfort of infrastructure. It is a 40 storey high tower with vastu compliant homes and 3 distinct amenity zones spread across 47,000 sq.ft Ashar Arize is easily accessible to all major highways schools, shopping malls, commercial locations and much more.
  • Possession: June 2027
  • Location: Kalwa, Thane West
  • Configuration: 1 & 2 BHK
  • Amenities: Amphitheatre, Massage Room, Box Cricket, Yoga & Meditation, Play Area, Air Hockey, Dance Studio
  • Starting Price Rs. 78 Lacs*
Ashar Metro Tower - Ashar Group

Ashar Metro Towers is a well designed property located in the heart of Thane. Within close proximity you will find a School, Hospital, Mall and the Eastern Express Highway. A superb investment destination in an uptown neighbourhood surrounded by nature, with rich, contemporary, and expansive apartments that open out to the city’s excellent viewpoints.

  • Possession: June 2024
  • Location: Vartak Nagar, Thane West
  • Configuration: 1 & 2 BHK
  • Amenities: Amphitheatre, Swimming Pool, Banquet Hall opening to the lawn, Open-Air Gym, Skating Rink, Turf Cricket Pitch, Sun Deck Area, Barbeque Area, Yoga & Meditation Deck, Lawn With Flower Garden, Lawn With Reflexology Path & Library Lounge
  • Starting Price Rs. 88 Lacs*
Ashar Maple B - Ashar Group

Located in the heart of Mulund, Ashar Maple is a masterpiece that provides luxurious homes with the beautiful backdrop of the Yogi Hills. Live a lavish lifestyle in the dazzling locality of Mulund with easy access to educational institutes, hospitals, shopping malls, etc. Live an elevated lifestyle with comfort. 

  • Possession: Dec 2023
  • Location: Mulund, Thane West
  • Configuration: 1 & 2 BHK
  • Amenities: Swimming Pool, Sky Lounge With Stargazing Deck, Serenity Zone, Game Areas, Gymnasium
  • Starting Price Rs. 98 Lacs*
Ashar Edge - Ashar Group

Ashar Edge is Thane’s first voice-controlled smart home and temperature control property with full HVAC automation. The apartments here are a fantastic blend of modern architecture and characteristics that give a comfortable living environment. The development encompasses 2.69 acres of land, two towers, and 33 floors.

  • Possession: April 2023
  • Location: Pokhran Road No. 2, Thane West
  • Configuration: 1 & 2 BHK
  • Amenities: Amphitheatre Seating, Banquet Hall opening to the lawn, Swimming Pool, Outdoor Gym & Play Area, Skating Rink, Astro-Turf Net Cricket, Stargazing Deck, Home Automation, Voice Controlled Smart Homes, Light Features In The Landscape Garden, Reflexology Path & Guest Room.
  • Starting Price Rs. 1.08 Cr*
Ashar Aria - Ashar Group

Reaching new heights, the well-designed, Ashar Aria stands tall at 45 storey tall with a multitude of rooftop amenities. Within close proximity of all the city’s significant landmarks and the unmatched amenities make the apartments an outstanding residential space. 

  • Possession: August 2023
  • Location: Kalwa, Thane West
  • Configuration: 1 & 2 BHK
  • Amenities: Swimming Pool, Skating Rink, Turf Cricket Pitch, 2 Guest Rooms, Sky Lounge With Stargazing Deck, Serenity Zone, Open Party Area With BBQ & Indoor Leisure Centre
  • Starting Price Rs. 88 Lacs*

Thane is a growing city that has been gifted by nature. Furthermore, its convenient location, effective public transportation system, and well-maintained roads make it an excellent choice for potential homeowners and business owners alike. Thane’s future prospects appear to be very promising. The vision and mutual collaboration of all stakeholders are required to foster this growth environment.

5 Reasons why one should own a home in Majiwada, Thane

Real Estate Scenario in Nashik

Thane is emerging as the new popular suburb for most homebuyers, especially Majiwada. It qualifies among the top affordable housing regions in the city. Stronger connectivity, developments in Infrastructure and an increasing mid-level population is adding to Thane’s charm of an affordable suburb. Many renowned builders have set their base there, including Ashar Group. And now Ashar Group is all set to upgrade with 2 BHK Flats in Thane, as well as 1 BHK Flats in Thane, Majiwada making it one of the emerging localities in the region.

What makes Majiwada popular?

Connectivity 

Over the last few years, Majiwada has seen a transformation like no other. The advantage of good connectivity with Nashik, Bhiwandi, Western Suburbs along with a developing infrastructure have made it a hot spot. The project for three flyovers is underway at Majiwada which connects the residents to places such as Mulund, Thane-Bhiwandi and Mira Road and the upcoming Borivali tunnel which will further reduce the travel time. The upcoming Metro project of Thane will also increase the connectivity around this suburb. These major development plans by the government are increasing the property rates and giving rise to premium housing options. 

Nature Parks

With a string of well manicured gardens and nature parks around like Yeoor Hills and multiple lakes like Upvan lake and Talao Pali and other recreational areas, Majiwada is a perfect location for a green soul.

Lifestyle & Entertainment

Majiwada is your home for lifestyle and entertainment with various malls in and around the locality. Viviana being one of the biggest malls in Thane is a home to various branded stores and elite restaurants followed by Korum mall. With your home nearby, every weekend will be fun and exciting.

Education and Healthcare

Range of educational institutions like Smt. Sulochanadevi Singhania school, Vasant Vihar school, Billabong High international etc provide excellent quality education. Best in town hospitals are located nearby Majiwada mainly Jupiter Hospital, Mahavir Jain hospital, Bethany hospital which offer best healthcare services.

New Launches

Townships, buildings and multiple projects are being developed in the locality. Builders in the city offer quality infrastructure that tackle issues such as drainage, flooding, water clogging, waste management etc. Cleaner roads and better management of systems add to the charm of the city. 

Before the popularity of the area, the average price was Rs. 8000 per sq. ft. With the recent developments, infrastructure advancements and influx of bigger builders, the cost has shot up to Rs. 12000 per sq. ft. and is only going to increase. 

Ashar group’s newly launched project Ashar Axis in Majiwada, Thane offers access to some of the best amenities. Situated in the centre, the properties gives you access to all amenities of city life and allows you to enjoy the scenic beauty as well. So whether you want to relax in a swimming pool at the end of the day or overlook the Yeoor Hills, you are in for a treat at Ashar properties. 

It is one of the most prestigious projects with a 35 storey grand residential tower offering 1 & 2 BHK luxury homes with 3 distinct amenity zones. All homes are designed keeping in mind Vaastu and have a spacious loft for storage requirements as well. It is equipped with all modern amenities such as AC, Washing Machine, Geyser, Aquaguard, Chimney and a hob. Ashar Axis is truly a life space which completes all your desires and demands.

Lucrative offers, reasonable rents and home rates, quality housing and a lot more is what Majiwada has in store for prospective buyers. Along with quality housing, Majiwada elevates the quality of your life and offers you a higher standard of living. With all modern amenities and the serenity of living away from the hustle, life is peaceful at Majiwada. 

1 BHK or 2 BHK? Which one is best suited for you?

Real Estate Scenario in Nashik

As the urban lifestyle and pace evolve, our choices and approach to everyday life also keep evolving. One of the best examples of this is the concept of a nuclear family and the way they function and keep up with the changing pace of life. Many people are perplexed when it comes to deciding whether to buy a 1 BHK Flats in Thane or 2 BHK Flats in Thane. The 1 BHK vs. 2 BHK unit dispute is typical among budget-conscious homeowners, particularly first-time buyers looking for a small family home or a bachelor pad. However, deciding between the two possibilities will be difficult. You’ll have to think about things like property pricing, location, builder, and space, among other things.
Making plans for the future

A 1 BHK may appear to be the right balance of cost and coziness as a beginning house. Buying a house, on the other hand, is a long-term investment. You may believe that a 1 BHK apartment is sufficient, but if you wish to grow your family, it may become crowded as time passes. A 2 BHK flat, on the other hand, provides adequate space for a nuclear family to live comfortably.
The size of your family is one of the most important factors to consider while selecting the appropriate flat size. For a family of more than five people, a two-bedroom apartment may not be the best option.
People nowadays are opting for a three-bedroom flat if their family consists of three individuals and they have a sufficient budget for the three-bedroom flat. Even if your household is only two people, but you have frequent and recurring visitors, you will require an extra room. In this instance, the best option is a two-bedroom house.

Supply and demand

A two-bedroom apartment is great if you’re a bachelor or have a small family. Because the demand for 2 BHK homes is usually higher, builders give special attention to the design and construction of these homes.

As a result, 2-BHK homes have more facilities and design alternatives. As a result, you will typically find a larger and higher-quality 2 BHK property than its 1 BHK equivalents.
Also, due to the great demand for 2 BHK properties, it will be easier to sell if you are acquiring a home only for investment purposes.

Budget

It’s no secret that the Indian real estate market is price-sensitive. Almost every buying decision is influenced by the cost. If you have a small family or live with your parents, a two-bedroom apartment is a better alternative to satisfy your space needs.

The most crucial consideration in determining the best house for you is your budget. According to research, a 2 BHK flat is cheaper than a 1 BHK flat in terms of the space ratio and the money.
The pandemic has been one of the most significant factors in recent times.If you have not been financially affected by the pandemic, then opting for a 2-BHK would be ideal. If your budget is limited because of pandemic concerns, then 1 BHK flat is the best option.

As a result, if you take out a home loan to purchase the property, you may still afford a large apartment while still fulfilling your other monthly responsibilities.

Costs of upkeep

Maintenance is one of the most important considerations when determining the appropriate size for your dream home. In terms of absolute costs, 1 BHK flats are less expensive to maintain than 2 BHK flats. 1 BHK flat is the best option for you if you want to acquire a property that is low on maintenance. Furthermore, by paying a higher maintenance cost, you obtain a larger carpet surface, which is a sensible investment decision.

To summarise, you can choose a 1 BHK to be your new beginning or a 2 BHK to be your space saver.

1 BHK – Your new beginning

  • Ideal for a newly wed pair
  • Perfect for first time buyers with limited budget
  • Good investment option for first time buyers

2 BHK – Your space saver

  • Suitable for a growing family
  • More space enhances the elegance and allows to host family and friends
  • Offers plenty of space and a high return on investment

When purchasing a home, you can now select between the two alternatives. Ashar Group offers thoughtfully designed 1 & 2 BHK apartments to match and suffice your needs, taking into account both sides.
So, choose the right one and reserve your ideal property right now! Take a look at these fantastic homes offered by Ashar Group in Thane and MMR.

Understanding Property Tax

Real Estate Scenario in Nashik

When we get to a certain age, we tend to buy or invest in some property; if not, then at least our elders might have some. It can be a house, a car, or anything major in value. These are like assets to us as their value is high, and they are tangible. One needs to have a proper understanding of property taxes and at the same time, be updated with the necessary information/changes throughout the year. The tax is calculated depending upon the property you own, and by multiplying the tax rate to the property’s current market value. Tax assessors determine how much tax you are supposed to pay by looking at the amount of property you own. Every country has its way in which the tax is levied upon.

Let's now understand how the property tax is assessed

Diverse property types have different sorts of duties evaluated on the land and its designs. For instance, empty land will have an altogether lower evaluated esteem than an equivalent piece of property that is improved. Accordingly, it will have lower local charges, when there is no development on the land, the charges are different from when there is the development. Also, depending upon the location, the charges are out on the place, and then the tax is levied accordingly. In case there is admittance to public administrations, like sewer, water, and gas, the land appraisal may be higher. If the assessor feels that the land can be created, it could prompt a higher appraisal and more charges for the proprietor. The sum that a property is burdened comes from a level of the surveyed worth of the property.

Here is how property tax is calculated.

Property charges of any space are calculated based on multiple factors such as location, current property rates, etc. This also takes into consideration land as well as the type of property. Property tax is calculated through different methods:

  • Capital Value System – Determined by the market value of the property set by the government
  • Unit Area Value Systems – Determined by the unit price of the built-up area
  • Annual Rental Value System – Determined based on the rental value collected each year

Property tax is not unified across the country, it varies from state to state.

The property charges of any place are determined utilizing the worth of the property depending upon the location and the current real estate rates. This incorporates both the land and the type of construction. Commonly, tax assessors will analyze the property each one to five years and charge the proprietor-of-record the suitable rate keeping the guidelines set by the authority. Assessors ascertain that worth utilizing the plant demand additionally called the millage tax and the evaluated property estimation.

There are also mortgage calculators which are available online, which will help you in determining the tax you will be paying on particular amounts of property, and this is a great way to always keep an estimate about your taxes.

Here are some of the mistakes that you should avoid while paying for taxes:

  1. Always fill your taxes on time. Don’t avoid it
  2. Don’t make calculation errors while filling.
  3. Fill in the right form and enter the right details carefully.
  4. Always be updated with the new tax rules.
  5. Do not mess up the account numbers.

Understanding property taxes is important, and when you know how to do them, you become a responsible citizen and do your part for the economy.

Source: https://www.coverfox.com/personal-finance/tax/property-tax/

Let's now understand how the property tax is assessed

Impact of Work From Home on Real Estate Industry

“The Only Constant in Life Is Change.”- Heraclitus. But the change that COVID-19 brought in our lives – no one saw it coming. Hygiene & safety became an utmost priority, and the pandemic-led lockdown turned our homes into everything from a restaurant & office to garden & temple, from a gym & shopping mall to a cinema & a recreational centre. This change in the meaning & purpose of a ‘home’ radically transformed the real estate market – residential, commercial and vacation homes.

Impact on Commercial Market

The Commercial Real Estate market witnessed both risks and opportunities:
  • There was a decline in demand for commercial spaces
  • There is a rise in demand for co-working spaces
  • There is a rise in demand for spacious & open commercial spaces, considering physical-distancing
  • There is a boost in subleasing powered by companies with longer-term leases

Impact on Vacation Homes

Work from home (WFH) gave rise to another concept known as ‘workation’. Many organisations introduced the workation concept which empowers professionals to mix business with leisure.

Workation turned the tables for the market for vacation homes. The growing number of the middle-class, higher middle class, NRIs and HNIs began exploring vacation homes in their country, within driving distance of metros – in smaller towns and nearby holiday destinations such as Nasik, Lonawala, Alibaug, Karjat, Goa, Panchkula, Kasauli, Shimla and Dehradun among others.

Workation was a win-win situation for employers, employees & the real-estate market. As for the employers & employees, workation facilitates living and working from vacation homes for long durations, without compromising on work or family life.

For the real-estate players, the sale of vacation homes & in turn profitability went up. Striking while the iron is hot – developers started offering competitive prices. This fuelled by low-interest rates on home loans by financial institutions, second-home & vacation home became the preferred choice of investment for travel-savvy professionals who earlier enjoyed annual holidays.

Impact on Residential Market

Work from home (WFH) has overshadowed the previous ‘gold standard of Indian housing – the walk-to-work/short drive to work. This has led to future homebuyers shifting to the peripheral areas in search of bigger homes and a better lifestyle – at more affordable prices.

Understanding that the work from home (WFH) is here to stay, the millennial generation – who are the future homebuyers have a new-found preference for buying rather than renting homes.

They are now preferring to live in more spacious and cost-effective homes in less central areas. This new demand has dictated fresh supply.

Affordability and Price Quotient

Apart from changing real estate consumer preferences due to work from home, affordability has played an important factor in the shifting & rising demand towards residential property purchase in peripheral areas such as Thane & Mulund.

The cost analysis of real estate in MMR is as follows:

In MMR (Mumbai Metropolitan Region), the average price for a standard 1,000 sq. ft. property in areas within city limits is approx. Rs 1.85 Crore, against Rs 55.35 lakh in the peripheral areas – a 70 per cent cost difference. Micro-markets within city limits included Andheri, Vile Parle, Goregaon, Malad, Kandivali, Chembur, Wadala, Ghatkopar, Vikhroli, Powai, Mulund, etc. Peripheral areas include Kalyan, Bhiwandi, Dombivli, Mira Road, Vasai, Virar, Thane beyond Kasarvadavali and Owale Panvel, Ulwe, Taloja, etc.

The average monthly rent for a standard 2 BHK home in areas within city limits is approx. Rs 45,800, against Rs 12,500 in the peripheries.

Conclusion

All in all, the work from home (WFH) culture popularised by the COVID-19 pandemic has proven to be a mixed bag for the real estate sector.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. Ashar Group does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

Tips for first time home buyers

Turn your dream home into a reality

There are many aspects involved in home-buying which may seem challenging for first-timers. Usually, first-time homebuyers are extra cautious to avoid committing mistakes during the home-buying process & are very keen on getting the best deal.

To decode the home-buying process & ensure a successful first-time home shopping experience – we have put together a checklist. This checklist will help them understand what to expect as they make their way from house-hunt to moving day. 

Tips to keep in mind for first time home buyers

As first time home buyers, you should make sure that your new home offers you all of the below-mentioned essential amenities.

  1. 24×7 water supply
  2. 24×7 power supply
  3. Lifts
  4. Security services
  5. Recreational facilities
  6. Waste disposal
  7. Good drainage system
  8. Fire safety & security systems at the disposal
  9. Parking areas & garage

As first time home buyers, you should make sure that your new home offers you all of the below-mentioned essential amenities.

  • Look for essential services such as educational institutions, recreational facilities, place of worship, medical facilities, and shopping malls, etc. nearby
  • Find out ways to commute with or without your vehicle. Ensure that your building complex offers good connectivity to highways, railways & roadways
  • Find out the cultural orientation of your building complex, see if it matches yours
  • Do you like peaceful, quiet and serene surroundings or love the hustle-bustle of city life? Check if the location matches your preferences: lakes & hills or highways & skyscrapers?

If you don’t want to risk your time, money & efforts by purchasing a home built by an inexperienced developer or one with a bad reputation & track record, you should crosscheck the below-mentioned points:

  • The builder/developer has earned the goodwill and trust of customers
  • Promises on delivery, quality, amenities, etc. are kept
  • Offers made are credible
  • The project is fully funded or backed by a reputed financier
  • Has the builder ever defaulted on loan commitments?
  • Are they entangled in any legal case?

Any type of financial step requires to be made with keeping the investment return value in mind. Whether you are intending to rent out or living in your home, it’s important to pre-determine the ROI it offers.

Acquiring a property is a lasting endeavour, so choose your home wisely. Choose an area that offers tremendous growth in terms of infrastructure and blooming residential societies. Also, check into the scalability element of your residential property.

Factors such as family size and the age of children should be some initial factors to consider while choosing a home. While teenagers and adults usually prefer separate rooms, joint families prefer bigger 3-4 BHK apartments. If you plan to expand your family, it’s advisable to opt for a bigger home right away. Also if you have frequent guests staying over, you might want to buy a home that offers a guest room.

Do you want to move-in immediately? Ready-to-move-in apartments are the right choice. If you are looking to buy a home for investment purposes or are in no hurry to move-in soon than under-construction properties can be a good choice.

Some other factors can influence your first-home buying decision. Some being choosing between a fully or semi-furnished flat, a high-rise apartment with modern amenities or old construction, a used or unused property etc.

  • Find out how much money you are left with each month after taxes using an online income calculator
  • Make a list of all monthly household expenses
  • Look out for areas that you can cut back so that you can put as much money as possible into savings and paying off outstanding debts
  • Pay off any outstanding debts, will improve your credit score, an important determinant factor when purchasing a home
  • You may or may not get a full loan, also many builders demand a 20% deposit (down payment), so it’s wise to save for a deposit/down payment in advance. This will also help in reducing the total loan amount
  • You should ideally buy a house that is around 2.5 times your annual salary if you don’t take a realistic decision while buying your first-home the loan amount will eventually catch up with you
  • It is advised to get pre-approved from a lender before you start house hunting
  • Get your prospective home inspected to find any potential problems you may need to deal with in the future
  • Check similar homes in the area to make sure you are paying a fair price in the local market
  • Consider extra costs such as stamp responsibility, registration expenses, VAT, broker agent compensation, loan processing cost, etc.
Property investments are highly capital intensive, and any mistakes made during the process can cause a great deal of trouble to the buyer. Here is a list of crucial documents that must be verified while purchasing a property:
  • Fire NOC
  • RERA Certificate
  • Commencement Certificate
  • Occupancy Certificate (OC)
  • Copy of Building Plan
  • Bank NOC, if for mortgage
  • Allotment Letter
  • Sale Agreement
  • Possession Letter
  • Payment Receipts
  • Property Tax Receipts
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. Ashar Group does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

6 reasons that make Thane a Realty Hotspot

6 reasons that make Thane a Realty Hotspot

If you are looking forward to investing in residential or commercial real estate, then Thane is the place, here’s why:

EASY CONNECTIVITY

Road:

Thane is well connected to Navi Mumbai as well as to the Eastern and Western Suburbs of Mumbai via Ghodbunder Road, Jogeshwari – Vikhroli Link Road (JVLR), Santa Cruz–Chembur Link Road (SCLR), Eastern Freeway, NH 8, Mumbai-Nashik Highway and the Thane-Belapur Road.

Construction of the Thane-Diva Road, Bhiwandi bypass flyover, and parallel roads from Thane to Kalyan along the metro line are on the cards.

Rail:

The Central Harbour Rail Line, Thane-Panvel Rail Line and Central Railways connect Thane to Mumbai’s railway network.

Metro:

A proposed metro rail is said to run along the Ghodbunder Road with more than 10 halts within Thane itself. With the metro, the travel time between Thane and Wadala is expected to reduce by half. Additionally, the Metro-3 project will run between Thane to Kalyan and Mira – Bhayander.

AFFORDABILITY

Thane’s real estate market is serving homebuyers with various residential and commercial properties that offer luxurious living at affordable prices. One can buy a home from anywhere between 40 Lakhs to 15 Crores.

If you are looking for apartments with world-class amenities within your planned budget, your search ends in Thane. Ashar Group offers many ready-to-move-in & under-construction properties in different locations of Thane. Not only do these residnetial projetcs in Thane offer exclusive amenities such as a rooftop lounge 300ft above ground, exclusive podium for luxury indulgences and impeccable views of Yeoor Hills & Upvan Lake, but are also available at affordable prices and are among one of the most sought after upcoming new projects in Thane.

CAPITAL APPRECIATION

The advantage of buying a property in Thane is that you get them lower rates and within a short period, you can see the value of your property appreciating quickly.

If you’re looking at buying property as an investment, expect higher returns in a shorter period.

To give you an example: Apartments at Ghodbunder Road are moving upwards at a 33% rate, 13% higher than the average price in Thane west*.

A BOOMING COMMERCIAL HUB

Thane hosts many IT Parks & Business Zones thus creating an enhanced job market, and offering walk to work options for the working populace.

Thane-Ghodbunder Road area is a coveted residential cum commercial hub, also, many IT and ITeS hubs are under construction near Kolshet Road.

Some of the top business parks in Thane are:

  • Ashar Bellezza
  • Ashar Millennia
  • Ashar IT Park
  • Hiranandani Business Park
  • Raheja Mindspacencial

Thane hosts reputed companies such as:

  • Tata Consultancy Services (TCS)
  • Syntel
  • Bayer India
  • Navnit Motors
  • Aditya Birla Financial

ADD EASE TO YOUR LIVING

Thane offers ample social infrastructure for people belonging to all age groups. Everything, from malls, theatre, hospitals, restaurants, pubs & bars, educational institutes is at your disposal in Thane.

Some hospitals in Thane are:

  • Shree Mahavir Jain Hospital & Shri Pratap J. Ashar Cardiac Centre
  • Hiranandani Hospital
  • Jupiter Hospital

Some educational institutions present in Thane are:

  • Billabong High International School
  • SMT Sulochanadevi Singhania School
  • Bedekar Institute of Management
  • Shah Institute of Technology

Thane has some of the biggest malls in the city:

  • Cosmos Mall
  • Viviana Mall
  • Korum Mall

Places for nightlife in Thane:

  • British Brewing Company
  • The Irish House
  • Rude Lounge
  • The Beer Café

Best Restaurants in Thane Region:

  • Barbeque Nation
  • SodaBottleOpenerWala
  • Mainland China
  • The Caravan Menu

WHERE WORK MEETS LIFE & LIFE MEETS NATURE

Known as the city of lakes in Maharashtra, Thane houses a total of thirty lakes in the district and is bound by Yeoor and Parsik hills. Projects such as Ashar Metro Towers & Ashar Aria are surrounded by nature and offer mesmerising views of Parsic Hills, Ulhas River, and Yeoor Hills & Upvan Lake.

Naming some of the many attractions of Thane:

  • Kelva Beach
  • Sudhagad Fort
  • Naneghat Hills
  • Ambreshwar Shiva Temple
  • Masunda Talao
  • Tansa Wildlife Sanctuary
  • Jai Vilas Palace
  • Mahuli Fort
  • Elvis Butterfly Garden
  • Tansa Dam
  • Thane Creek
  • Suraj Water Park
  • Ovalekar Wadi Butterfly Garden
  • Thane Creek Flamingo Sanctuary

So, all in all, well planned residential developments, greater connectivity, higher job creation, growing social amenities, budget-friendly prices, and plentiful open spaces in the surrounding areas make Thane a Realty Hot Spot.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. Ashar Group does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

Think Home, Think Thane.

Money doesn’t grow on trees but buildings. While this might sound funny, ask those who have invested their money in real estate, especially in the Thane real estate market. When it comes to investing in residential projects in Thane, we’d suggest – “Strike while the iron is hot,” and it’s red hot at present.

Here’s why:

USP

Thane will be the fastest developing location in MMR in the future. In the list of India’s most promising cities compiled by FIRST Sm@rt Cities Council and Indicus Analytics, Thane was amongst the top 5 as it offers its residents everything – from an ideal location to great connectivity, robust & future-ready infrastructure to a pleasant environment, immense job opportunities to the easy availability of educational, medical, entertainment avenues & excursion spots.

CONNECTIVITY

Speaking of connectivity, Thane is connected to Navi Mumbai as well as to the Eastern and Western Suburbs of Mumbai via Ghodbunder Road, JVLR, SCLR, Eastern Freeway, NH 8, Mumbai-Nashik Highway and the Thane-Belapur Road. Besides, the Central Harbour Rail Line, Thane-Panvel Rail Line and Central Railways connect Thane to Mumbai’s railway network.

Future connectivity plans include the proposed Metro rail that would run along the Ghodbunder Road with more than 10 halts within Thane itself. With the Metro coming in, the travel time between Thane and Wadala is expected to reduce by half. Thane-Diva Road, the flyover at Bhiwandi bypass, Metro-3 project to Kalyan and Mira-Bhayander areas, and parallel roads from Thane to Kalyan along the metro line are other infrastructural developments that are on the cards.

REALTY MARKET

Today, Thane fulfils expectations of homebuyers belonging to various economic backgrounds with its wide-ranging options of the housing properties. If one is looking to invest in real estate, thane promises secure returns. Thane’s real estate portfolio advanced from ground + seven-floor buildings to multi-storey towers and townships offering luxurious facilities and amenities that were once exclusive to South Mumbai’s realty market.

Thane is divided into west & east. Ashar Group, Lodha Group, Godrej Properties, Tata Housing & Hiranandani Constructions are some of the renowned developers in Thane.

Source: Housing and Makaan
MAKE THE RIGHT CHOICE

Of the many, Ashar Group one of the most preferred real estate brands in the residential and commercial segment. To date, it has successfully delivered over 4 million sq. ft. of real estate spaces across various verticals, including residential, commercial, educational, IT parks and infrastructure developments.

Residential Projects in Thane

Ashar Edge is the first-ever property in Thane to provide voice-controlled smart homes & temperature control with full HVAC automation. Apartments here are a perfect combination of contemporary architecture and features to provide a comfortable living. The project is spread over a total area of 2.69 acres of land, 2 towers & 33 floors.

  • Status: 60% construction completed. Possession: April 2023
  • Location: Pokhran Road No. 2, Thane West
  • Configuration: 1 & 2 BHK
  • Amenities: Amphitheatre Seating, Banquet Hall opening to the lawn, Swimming Pool, Outdoor Gym & Play Area, Skating Rink, Astro-Turf Net Cricket, Stargazing Deck, Home Automation, Voice Controlled Smart Homes, Light Features In The Landscape Garden, Reflexology Path & Guest Room.
  • Starting Price Rs. 88 Lacs
Ashar Metro Towers - Ashar Group

For individuals who have longed for owning an all-around structured home in the very heart of Thane – Ashar Metro Towers is the place to live. 5 minutes walking distance from Singhania School, and 10 minutes away from Jupiter Hospital, Viviana Mall, TCS and Eastern Express Highway, if not here, then where? An uptown neighbourhood surrounded by nature, rich, contemporary, and extensive apartments that open out to the city’s excellent perspectives, Ashar Metro Towers are a great investment destination.

  • Status: 60% construction completed. Possession: June 2024
  • Location: Vartak Nagar, Thane West
  • Configuration: 1 & 2 BHK
  • Amenities: Amphitheatre, Swimming Pool, Banquet Hall opening to the lawn, Open-Air Gym, Skating Rink, Turf Cricket Pitch, Sun Deck Area, Barbeque Area, Yoga & Meditation Deck, Lawn With Flower Garden, Lawn With Reflexology Path & Library Lounge
  • Starting Price Rs. 79 Lacs
Ashar Aria at Kalwa Thane

Ashar Aria is an example of design-oriented architecture – every elevation, bend, shape, innovation, and square foot comes together in perfect harmony. Additionally, this thoughtfully planned project is close to all the key landmark areas of the city. The very best in education, health and recreational facilities are just at calling distance. Hence, with its prime location & striking architecture, you just don’t buy an apartment, but an address that leaves a lasting impression.

  • Status: 60% construction completed. Possession: August 2023
  • Location: Kalwa, Thane West
  • Configuration: 1 & 2 BHK
  • Amenities: Swimming Pool, Skating Rink, Turf Cricket Pitch, 2 Guest Rooms, Sky Lounge With Stargazing Deck, Serenity Zone, Open Party Area With BBQ & Indoor Leisure Centre
  • Starting Price Rs. 75 Lacs

Thane is certainly set to witness such developments for giving a world-class living experience for the residents. And, if it’s Thane, it’s Ashar Group which offers its residents’ not just spaces to live but to Live, Love & Laugh.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. Ashar Group does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.