Thane is the immediate neighbor of Mumbai city under the Mumbai Metropolitan Region and one of the most populated urban agglomerations in the world. Surrounded by 35 lakes, this city is also known as the “City of Lakes”. As Mumbai grew in terms of economic development and employment opportunities, more and more people flocked towards it from far-off corners of the country. Land on account of its being a limited asset as there is no production and expansion, Thane has benefited immensely from this. With Mumbai becoming more and more crowded and expensive to live Thane emerged as the number one alternative. A lot of factors contributed to this sudden and steep rise of Thane as the sought out destination for property builders.

The bustling city of Thane boasts of an excellent infrastructure in terms of social, educational, transport, healthcare, and others. It has a much more serene environment than Mumbai which can be termed as the “city which never sleeps”. Being less crowded than Mumbai, the authorities find it easy to manage and maintain the basic infrastructure of the city. The roads are much wider and the environment is greener and cleaner than Mumbai owing to the peaceful lakes. Outstanding connectivity to almost every corner of Mumbai, excellent educational institutions and hospitals, abundant avenues for entertainment and social life make Thane an ideal destination. It is due to these factors that Thane has emerged as the preferred location for real estate developers. Big players of the real estate industry like Indiabulls and Piramal Realty already have made their presence felt with plush projects. The perfect mix of commercial and residential properties make sure that individual home buyers as well as businesses make Thane their 2 bhk flat in mumbai. The government has taken note of the growing demand in Thane and has taken many initiatives and projects to facilitate the further growth of the city. The ongoing infrastructural projects such as the construction of metro rail along the Ghodbunder Road and the upcoming construction of the Thane-Diva Road, metro-3 project between Kalyan, Mira and Bhyander areas and parallel lanes from Thane to Kalyan along the metro line will further strengthen the transport infrastructure and ease the commute. Hence it is safe to conclude that Thane has not only been the hottest location for real estate developers but also for people to make it as their next home or business address.