There are many reasons why Thane district in Maharashtra is one of the most well-known places to live. This city offers everything a person could want, from an urban lifestyle to a laid-back suburban experience. Thane is more environmentally conscious and offers a variety of breathtaking public parks to everyone. Thane is a popular tourist destination because of its developed infrastructure, rich cultural history, variety of activities, accessibility to transportation, and—most significantly—its housing options. People prefer to rent homes or rooms rather than purchase ones, and they look for a rent room near posh areas in Thane.
1. Dombivli
Dombivli, a suburb of Thane city, is well-known for its low-cost housing developments that offer a variety of residential, commercial, and industrial properties. Due to its excellent social and retail infrastructure, which includes hospitals, malls, hotels, restaurants, and schools and colleges, Dombivli locality has become a top choice for middle-class and low-income home buyers in Thane. Additionally, Dombivli is conveniently located near employment centres in the industrial and commercial districts of Dombivli, Navi Mumbai, Kalyan, Bhiwandi, and Mumbai. In Dombivli, capital values per square foot range from Rs 4,200 to 8,550.
2. Kalyan
Dombivli’s neighbouring suburb of Kalyan is primarily residential and is well-known for its low-cost housing projects, which are popular with buyers on a budget and those with low to moderate incomes. Schools, colleges, banks, hotels, hospitals, and malls make up the excellent social and retail infrastructure in Kalyan, which also has a good public transport system with Kalyan Dombivli Municipal Transport (KDMT) buses and an upcoming Metro Rail planned between Thane, Bhiwandi, and Kalyan. Additionally, Kalyan is conveniently located near Dombivli, Thane, Bhiwandi, Ambernath, and Ulhasnagar’s industrial and commercial areas, which draws workers from these employment hubs. Kalyan’s capital costs per square foot range from Rs 3,150 to 8,100.
3. Ghodbunder Road
The 20 km long Ghodbunder Road connects to Mumbai and the nearby suburbs of Mira-Bhayandar via the Eastern and Western Express Highways in an excellent manner. Due to its excellent social and retail infrastructure, which includes schools, hospitals, banks, hotels, restaurants, malls, and shopping centres, as well as its convenient location to employment centres in Mumbai, Navi Mumbai, and Thane, the Ghodbunder Road neighbourhood has become a hotspot for luring home buyers in Thane. In Ghodbunder Road, capital values range from Rs. 7,200 to Rs. 12,750 per square foot.
4. Ambernath
Ambernath is a Thane suburb with affordable housing developments geared towards first-time homebuyers. Ambernath draws a sizable number of home buyers who work in these areas due to its proximity to other industrial areas in Thane and Navi Mumbai as well as its MIDC industrial area. A good social and retail infrastructure is also present, and Badlapur-Katai Road, Kalyan-Badlapur Road, and Kalyan-Shil Road all provide good connectivity. Greater connectivity to nearby employment hubs is provided by MSTRC buses and the auto rickshaws that run frequently through these areas. In Ambernath, capital values range from Rs 3,450 to 4,900 per square foot.
5. Badlapur
In the Thane suburb of Badlapur, low- to middle-income homebuyers can find affordable housing developments. The demand for homes in this area is fueled by the presence of the Badlapur MIDC industrial area and its proximity to other industrial areas in Thane and Navi Mumbai. Additionally, Badlapur boasts good connectivity via the central line, Badlapur-Katai Road, Kalyan-Badlapur Road, and Kalyan-Shil Road, as well as adequate civic amenities. Greater connectivity to nearby employment hubs is provided by MSTRC buses and the auto rickshaws that run frequently through these areas. In Badlapur, capital values range from Rs 3,150 to 4,550 per square foot.
6. Majiwada
Majiwada is an upscale neighbourhood in Thane that has recently seen the construction of mid- to high-end homes. Its popularity among home buyers can be attributed to the Mumbai Agra Highway’s (NH3) excellent connectivity to Mumbai and the Thane district’s industrial areas. Additionally, BEST and TMT (Thane Municipal Transport) buses run within Majiwada for improved last mile connectivity. Majiwada is a great option for employees looking to buy a home due to the employment hubs that include numerous businesses, including IT/ITeS, trading, chemical, industrial manufacturing, and others operating offices nearby. In Majiwada, capital values range from Rs. 8,400 to 13,600 per square foot.
7. Kolshet
Between Thane East and Thane West, Kolshet is conveniently situated and provides access to Mumbai, Bhiwandi, and Western Suburbs like Mira-Bhayandar and further via the Eastern Express Highway, Western Highway, and Ghodbunder Road. Kolshet has changed over time from a low-cost neighbourhood to a high-end neighbourhood as a result of professionals’ increasing preference for gated communities. Being primarily a residential area, it has excellent social and retail infrastructure as well as frequent public transportation. Kolshet’s capital values per square foot range from Rs 8,850 to Rs 14,250.
8. Vartak Nagar
In the middle of Wagle Estate, JK Gramme, and Kapurbawdi is Vartak Nagar. Through the Eastern Express Highway, Western Express Highway, and Ghodbunder Road, it offers connectivity to Mumbai, Bhiwandi, and Western Suburbs like Mira-Bhayandar and beyond. Due to its close proximity and excellent connectivity to employment hubs, Vartak Nagar is home to a variety of residential developments, ranging from low-cost housing projects to high-end apartments. Being primarily a residential area, it has excellent social and retail infrastructure as well as frequent public transportation. Vartak Nagar’s capital values range from Rs 9,100 to 15,150 per square foot.
9. Bhiwandi
Bhiwandi, a bustling town close to Mumbai, is known for its diverse textile industries, the largest concentration of power looms in the nation, and its role as a logistics hub for a variety of e-commerce, retail, and other businesses. Bhiwandi has developed over the past few years into a secular town with effective civic administration and the fundamental social and retail infrastructure required for a residential habitat, drawing many budget home buyers as well as workers in the transportation, textile and logistics industries. The real estate market in Bhiwandi has been driven by its close proximity to Thane, Mumbai, Navi Mumbai, Kalyan-Dombivli, and Vasai-Virar as well as good access to these locations via trains and MSTRC buses.
10. Kalwa
The Thane-Belapur Road’s industrial/commercial hub of Kalwa is favoured by those who work in both Thane and Navi Mumbai. Within 10 km of Kalwa are Navi Mumbai’s Millenium Business Park, Sigma IT Park, and Airoli Knowledge Park, which increases the demand for housing in the area. The most popular rental options in this area are 1 and 2 bedroom apartments, with rates per month ranging from Rs 11,000 to Rs 13,500. Through the Kalwa-Belapur Road, the Suburban Railway Network’s Kalwa Station, and the Pune-Mumbai Motorway, Kalwa is also well connected to other areas of Mumbai.
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