Ghodbunder Road locality review

Q: I am planning to invest in Ghodbunder Road. Can anyone help me out with the price trends in Ghodbunder Road? How is the locality for investment purpose?

Jackie,

10th January 2014

Locality Review in Thane

locality review

thane real estate

projects in ghodbunder road

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Replies (3)

You can get all the details about the new projects coming up in Ghodbunder Road by clicking on this link Projects in Ghodbunder Road

Vineet Tendulkar, Mumbai

23rd September 2014

Comment

Please provide me the names of some project by reputed builder in this locality.

Jackie,

23rd September 2014

Comment

There are several builders such as Lodha Group and Hiranandani Builders. Some of the popular projects here include Soham Tropical Lagoon, Lodha Splendora, Lodha Luxuria and Hiranandani Meadows. Amenities in luxury apartments along this stretch generally include sports area, club house, gym, children’s play area, swimming pool, internet connection and cafeteria along with other basic amenities.

There are several configurations available in the luxury segment, from 1BHK to 3BHK apartments. The approximate price of a 1BHK apartment is in the range of Rs 70-90 lakh, while that of a 2BHK is in the range of Rs 1-1.5 crore. The approximate price of a 3BHK apartment is in the range of Rs 1.5-2.75 crore. Hiranandani Builders launched about 240 new units while Lodha Group launched about 120 luxury apartments in the area in the price range of Rs 95 lakh to Rs 2.2 crore in the month of July.

Ashish Bhoite, Mumbai

23rd September 2014

Ghodbunder Road is one of the fastest growing areas in Thane and the Mumbai Metropolitan Region (MMR). While it is a popular locality for property investments as well as home buying due to its lower property values, there is no dearth of luxury projects in the area.

Ashish Bhoite, Mumbai

23rd September 2014

Comment

The area can be considered a high returns locality in MMR from the point of property investments due to its comparitively lower property prices as well as its appreciation potential. The capital values in the region are in the range of Rs 7,700-9,500 per sq. ft, depending on the infrastructure and proximity to different areas in Mumbai.

Vinay Dixit, Mumbai

23rd September 2014