08/02/2016
A GREAT PLACE TO LIVE, WORK AND INVEST.
1. Thane is India’s most promising and fastest growing suburb and has been selected as a ‘Model City’ by UN-HABITAT and European Commission and is to be developed as a Smart City under the centre sponsored scheme
2. Thane is the 4th largest centre for generating business and employment and 2nd overall in terms of employed people with companies ranging from IT/ITES firms, leading financial services, banks and multinational manufacturing giants
3. Recently, Tata Consultancy Services has announced plans to take up 2 million sq. ft. of office space in Thane, leading to creation of almost 30,000 jobs that will significantly increase demand for quality residential properties in Thane. Other corporates like Bayer, Voltas, etc. also have big plans for Thane
4. Thane is rated the No. 1 investment hotspot by CII-JLL, with the highest projected rental appreciation among all the major cities in India
5. Thane is an investment destination on the cusp of meteoric rise, with over 117% appreciation in the last 5 years alone. But this is just the tip of the iceberg!
6. With the upcoming infrastructural developments like the metro, monorail, HCMTR and flyovers, Thane real estate will see a tremendous spurt in capital and rental values – 60% appreciation from 2015 to 2020 as rated by Knight Frank.