Lodha Codename Rare Gem

By: LODHA Group in Majiwada

Lodha Codename Rare Gem – Premium Apartments in Majiwada Thane

Project Highlights:

Located at the heart of Thane District in Mumbai is Majiwada, a small yet thriving locality. It is surrounded by three important roads which pass through the district, Eastern Express Highway, Ghodbunder road, and Thane-Bhiwandi road. The locality has emerged as the top residential investment destinations in the Mumbai Metropolitan region (MMR). The locality is surrounded by three important roads namely Eastern Express Highway, Ghodbunder Road, and Thane - Bhiwandi Road which pass through the district. Residents need to walk a short distance to avail basic amenities such as retail outlets, veggie market, eateries, cineplexes, Church, and numerous temples including famous Ashapura Mandir. The locality of Majiwada is surrounded by either side by SH35 in the north, Eastern Express Highway to its south, and NH48 to its west. There are two major arterial roads which passes through the locality Saket Road and Pipe Line Road which further has its connectivity with NH160 and SH35. The locality is very close to industrial belt of Kolshet. Thane is located at a distance of 2.4 km via Bhiwandi Road/Old Agra Road and Saket Road. This important locality is surrounded by important localities like Vartak Nagar, Naupada, Kalwa, Kopri, Thane West, Thane, Dhokali Naka, Raheja Complex, Khare Gaon, Manpada, Kolshet etc. It is located at a distance of 24.9 km from Mumbai via Eastern Express Highway while Navi Mumbai at a distance of 22.6 km via Thane-Belapur Road. Local economy has faced a sudden boom, thanks to the interest and entry of land developers like Lodha builders and Rustomjee. Residents need to walk a short distance to avail a plethora of amenities, be it retail outlets, eateries or cineplexes. Majiwada also has a church, numerous temples including the famous Ashapura mandir, and a mosque, catering to the residents’ religious ideologies. Some of the key residential projects in Majiwada are Lodha Casa Viva, Cosmos Habitat, Rustomjee Urbania, Lodha Luxuria Priva, Lodha Codename Goldmine, Rustomjee Urbania Aurelia, Lodha Code Name Secret 9 etc among others.

Connectivity and Transit Points

The connectivity in Majiwada is fueled by the presence of flyovers, assuring easy commute to places like Borivali, Mira Road, Malad, and Mulund. Autos for intra-district travel is also available, with fares typically beginning at Rs 15. A host of buses such as BEST (Mumbai City Bus) and TMT (Thane Municipal Transport) connect this area to salient localities in the city.

Major Landmarks

Har Har Gange Waterfalls
Butterfly Park
Jay Sagar Lake
Suraj Water Park 
Ashapura Mandir
Our Lady Fatima Church

Factors for Growth in the Past

Enhanced connectivity, social infrastructure, and comparatively low prices has gradually rendered Majiwada a prospective residential option for home seekers. As a reasult, people who have come to the city for employment within the city are on the lookout for residential places. House for rent in Majiwada finds proposed tenants due to its proximity to the IT corridor and other industries.

A paramount reason that may compel individuals to consider Majiwada as a potential residential destination is the availability of social amenities. The locality is dotted with malls such as Viva City Mall and R Mall, along with several educational institutes, hospitals, and neighborhood markets.

Residential & Commercial Market

Apartments in Majiwada are dominant property types in this region. Typical sale prices for high-rise apartments range from Rs 11,000 to Rs 12,000 per sq. ft., with rental rates fluctuating between Rs 21 and Rs 22 per sq. ft. Sale prices for commercial outlets vary from Rs 8,000 to Rs 11,000 per sq. ft.

Major Challenges

The pothole-ridden roads in Majiwada are in poor condition, and are slowly beginning to deteriorate due to harsh monsoons. The roads are littered with garbage, which, along with acute waterlogging, makes it a breeding ground for mosquitoes.

Factors for Growth in the Future

The development of a number of flyovers are currently in talks, and this ascertains easier commuting for residents.

The continued interest of Lodha Builders and Rustomjee will ensure the development of excellent residential complexes, enticing and influencing a larger number of potential householders.