THANE REAL ESTATE: TRACKING THE GROWTH STORY
February 2024
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MUMBAI’S SISTER CITY WAS ONCE KNOWN AS THE CITY OF LAKES. TODAY, IT IS
BETTER KNOWN AS THE CITY OF OPPORTUNITIES
Thane, as a city, has transformed because of
a booming and bustling economic scenario,
with growth in business, transport, and real
estate acvies. “Present-day, Thane is
recognized as one of the best planned cies
of India, which truly is neat, clean and green
- a real estate desnaon of choice,” says
Dominic Romell, President, CREDAI MCHI.
Since the past few decades, Thane has been
constantly evolving. “Today, it is a proud,
self-sustaining city in Maharashtra, and
with some excellent residenal and
commercial real estate opons, is all set to
evolve into a Global City soon,” he added.
As an evolving city, Thane has witnessed
phenomenal growth across various
economic parameters-be it high-end
residenal accommodaon, high- street
retail, mulplexes, shopping malls or work
spaces. It extends to include office spaces,
IT & ITeS spaces, logiscs spaces,
entertainment spaces including auditoriums, art galleries, entertainment
complexes, internaonal s chools,
supermarkets, healthcare services and such
other developments - which translate into
one term: ‘real estate’.
“Thane has evolved into a global city, all set
to take off,” say’s Dominic Romell. From its
superb connecvity through major
highways leading out of Mumbai as also to
the exisng airport/upcoming new airport,
and to the JNPT port – Thane is truly the
centre-point of the MMR. “As a bustling,
cosmopolitan Metro City, Thane’s real
estate has evolved and developed along
correct lines,” adds Dominic Romell. It is
truly the MMR’s premier real estate
investment opon with maximum growth
potential.
Ensuring that real estate growth happens
along a structured path with proper
planning, Thane’s real estate scenario
witnessed the birth of the first Unit of what
was then the Maharashtra Chamber of
Housing Industry, recalls the CREDAI MCHI
President. “Since then, the industry has
grown in sync with Global Best Pracces.
CREDAI-MCHI Thane (as it is now called) has
been hugely in strumental in th e
development process of Thane, especially
from the real estate perspecve,” he adds.
From the perspecve of residenal as also
commercial real estate, Thane is an ideal
desnaon for investment in residenal,
commercial, and other segments of
property. HOME UTSAV : PROPERTY 2024-
Thane – is a unique plaorm which, apart
from enabling home seekers to get their
dream homes, will also connect with
investors and end-users of real estate,
residenal as also commercial. HOME
UTSAV : PROPERTY 2024-Thane - provides
the buyer and investor a safe and secure
property buying experience.
Thane represents a wide array of real estate
investment opons, and CREDAI-MCHI
Thane through HOME UTSAV : PROPERTY
2024-Thane -, would like to share the
opportunies, the opons and excellent
opons available for both, end-users as also
investors. It is not just about square feet of
space: the Thane real estate story is also
about opportunies which the city offers.
And, if past realty appreciaon trends are
any indicaon, sky is the limit in mes to
come.
Dominic Romell is President,
CREDAI MCHI
Dominic Romell is President,
CREDAI MCHI
Read all Thane Real Estate Latest News
Also Read: CELEBRATING 25 YEARS OF CREDAI: A LEGACY OF DEVELOPMENT, EMPOWERMENT, AND INNOVATION
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