The year paid well for Thane as many infrastructure projects reached its level of completion this quarter. This gave a reason to buyers and investors to turn their focus on buying new flats in Thane. We all know that transactions slowed down due to demonetization, but the rental market turned robust. The rental yield of the city rose by 0.02%.
In the lower budget segment, where people mostly prefer to buy 1bhk flats in Thane West or east which approximately costs Rs 5,000-8,000 per sq ft bracket saw the second highest rise in price.Most of these units are, however, a part of Thane east.The location of Kalyan saw the highest jump in prices (2.3) amongst other localities in this region.
Also, the rental flats in Thane have also come out with new and latest schemes with all types of rates. Many locations are preffered for staying at rental in Thane specially when it comes to east zone where all youngsters are living. The 1bhk flat in thane have a rental rates starting at 4000INR in the most beautiful locations of the city. Apart from this, rental flats in Thane are loved by everyone who plan on spending less money the amazing home.