Properties At Pokhran Road Appears As Favorable Realty Destination In Thane

In latest years, Pokhran road has come out as one of the most favourable real estate investment destination amongst homebuyers in Thane. Situated in the western part of Thane, Pokhran road is categorized into two parts, Pokhran Road 1 and Road 2. Both of the regions consists of resale as well as newly-constructed properties.
As per a latest report by a real estate research firm, because of the state-of-the-art infrastructural developments and well-flourished connectivity, this region has evolved as a popular investment destination amongst end users who are interested to purchase either resale or newly-constructed property.
Pokhran Road enjoys smooth connectivity to other neighbouring areas via rail and road network. Arterial roads like Jogeshwari-Vikhroli Link Road (JVLR), Ghodbunder Road, Santacruz-Chembur Link Road (SCLR), Eastern Freeway, NH-8, Mumbai-Nashik Highway and Thane-Belapur Road links this region to other MMR areas. Other than this, Mumbai suburban railways also offer an easy commute to working professionals and other workers.
The locality houses prosperous social and civic infrastructures like hospitals, educational institutions, schools, banks, ATMs and malls. Kelkar Hospital, Jupiter Hospital, Singhania School, Korum Mall, Viviana Mall, and Hiranandani Foundation School are some of the important and well known destinations present in this region.
Currently, the average property price in Pokhran Road 1 and 2 is Rs 12,224/ sq ft and 12,966 / sqft respectively. Furthermore, due to its connectivity and prosperous surroundings, a one BHK with all the major amenities will cost between 60-85 lakh to the home buyers. A 2 BHK can be booked at a price tag of a crore. With the availability to a huge number of land tracts, many renowned builders are coming into the real estate market of Pokhran road launching new residential projects with premium amenities. Some of the well-known developers present in this region are Wadhwa group, Raymond,Cosmos, Shapoorji Pallonji, Punit group, etc.
The report also said that with more planned and proposed developments, the area is expected to see more price valuing just like it did in the last one year. Additionally, natural landscapes and calm surroundings also calling upon home buyers and investors to set up their dream home here.