Lodha Splendora at Ghodbunder Road in Thane

Lodha Splendora is a project by the Lodha Group, at Ghodbunder Road in Thane. The project has come up in two phases, of which the first, Vivant, is already occupied. The second phase, Platino, is ongoing construction and will be out for possession in December 2017. The project offers 1, 2 and 3 BHK apartment configurations, with prices ranging from INR 75 Lacs to INR 1.75 Cr. More details on the apartment types, amenities and prices are shared in this article.

Lodha Splendora: Location & Social Infrastructure

The project is located off Ghodbunder Road, opposite the Bhayanderpada bus stop. This location gives the site excellent connectivity to other regions of Thane and Mumbai via road. The 20 km long stretch of Ghodbunder Road, also known as State Highway 42, runs through Thane district and links the Eastern and Western Express Highways of Mumbai. It connects Thane district to western suburbs of Mumbai like Mira Road and Borivali. City buses like BEST (Mumbai City Bus), TMT (Thane Municipal Transport), NMMT (Navi Mumbai Municipal Transport), MBMT (Mira Bhayander Municipal Transport) and VVMT (Vasai Virar City Bus) are a part of the transport system here. There are four flyovers present on the arterial road i.e. at Waghbil, Patilpada, Manpada and Kapurbawdi, which have eased the vehicular traffic situation.

Lodha Splendora Access road
Access road from Ghodbunder Road
Lodha Splendora access road
Internal access road

Lodha Splendora provides convenience of access for its residents to many quality educational and healthcare institutions. Schools such as as New Horizon Scholar School [3.5 km], Saraswati Vidyalaya High School [3.1 km], Dnyan Ganga Education Trust [3.1 km], D. G International High School [3.2 km] and Hiranandani Foundation School [4.9 km] are located near the site. Titan Hospital [7.1 km], Shree Sai Hospital [10.6 km], Vedant Hospital [1.7 km], Hiranandani Hospital [6.7 km] are among some of the reputed healthcare facilities are also at an accessible distance.  The project is close to many popular malls and recreational amenities such as D-Mart [3.2 km], Hypercity [2.3 km], R Mall [7.6 km] and Blue Roof Club [ 1.4 km]

Lodha Splendora: Project Overview

Lodha Splendora aims to offer its residents the combined experience of an urban lifestyle along with the features of a country retreat. The project has a separate access road, from the service lane of Ghodbunder Road, where it greets visitors through a wide, well-guarded entrance. The project is spread over 40 acres of land parcel (including phases 1 and 2).

Lodha Splendora towers
Construction almost complete [July 2017]
Lodha Splendora towers
Construction almost complete [July 2017]
Phase 2 comprises has a conventional design, where the recreational amenities form the centre of the project, with 7 buildings surrounding them. There is just one type of configuration in every building, except Platino D which has a combination of 1 and 2 BHK apartments. The 31 storeyed towers have 4 apartments per floor (except Platino D which has 8 apartments per floor), along with 2 staircases and with 3 lifts forming the service core of the building.

Lodha Splendora: Apartment Types and Prices

All the apartments share a common feature of having well-spaced rooms which allow residents to experiment more with the additional space apart from the usual furniture placement. Features like L-shaped windows and two oppositely placed windows in room, facilitate optimum sunlight and ventilation the apartments. The decks in certain apartment types are 4 feet wide, which makes the space usable. The bedrooms also have a dedicated wardrobe niche, providing a clear rectangular area for designing and furnishing. The table below lists the various apartment types, their built-up areas and starting prices:

Apartment Type Tower Name (If applicable) Carpet Area

(in sq. ft.)

Price (all inclusive- in Rupees)
1 BHK with study Platino D 483 75 Lacs
2 BHK Petite Platino D 590 1 Cr.
2 BHK Lux Platino G 770 1.20 Cr.
3 BHK Petite Platino A, B, F 848 1.40 Cr.
3 BHL Lux Platino C, E 1082 1.75 Cr.

 

Lodha Splendora: Amenities Overview

There are several options for residents’ recreation and leisure in Lodha Splendora. Apart from the clubhouse, there is a beautifully landscaped central green area which is divided into several activity zones like amphitheater, children’s playground and activity lawn. The pool zone includes a pool deck, adult pool, Jacuzzi pool, water wall, kid’s play pool and kid’s pool deck. For sports, there is a football ground, volleyball court, badminton court, and cricket pitch and tennis court.

There are also small open pockets between the buildings which have features like fitness area, vegetable garden, senior citizen’s garden, lily pond, chess garden, a meditation lawn, a reflexology path, jogging track and a Ganesha temple. These numerous dedicated activity zones at Lodha Splendora provide good opportunities for social interactions and community celebrations.

Lodha Splendora club house
Club House
Lodha Splendora amenities
Recreational zone

These numerous dedicated activity zones at Lodha Splendora provide good opportunities for social interactions and community celebrations.

About the developer

A well-known name in the real estate market of India, the Lodha Group has delivered and has ongoing projects across cities like Mumbai, Pune and Hyderabad in India as well as London. It has a track record of over 35 years. Lodha Amara at Thane, Lodha Fiorenza at Goregaon, Lodha Venezia at Parel, Palava City at Dombivili, The Park at Worli, Lodha Luxuria Priva at Thane, Lodha Supernova at Andheri and The World Towers in Upper Worli are some of the well-known ongoing projects by the developer in Mumbai. At Hyderabad, Lodha Meridian is a project under the developer’s name, located in Kukatpally.

 

Puranik City Reserva at Ghodbunder Road in Thane

Puranik City Reserva is a project by the Puranik builders at Ghodbunder Road, Thane. The project is expected to be out for possession in December 2021. The apartment configurations available are 1 and 2 BHK, with prices ranging between INR 73 Lacs to INR 1.2 Cr. More details on the apartment types, amenities and prices are shared in this article.

Puranik City Reserva:  Location & Social Infrastructure

The Puranik City Reserva project falls under the Kasarvadavli area of Ghodbunder Road that is presently undergoing rapid infrastructural development. As the site is located away from the busy Ghodbunder Road road, the blaring noise died down as I reached closer to the site.

Ghodbunder Road
Ghodbunder Road in front of site
Puranik City Reserva entrance
Entrance to site
Puranik City Reserva access road
Internal access road to site
Puranik City Reserva access road
Internal access road to site

This location gives the site excellent connectivity via road. The 20 km long stretch of Ghodbunder Road, also known as State Highway 42, runs through Thane district and links the Eastern and Western Express Highways of Mumbai. It connects Thane district to western suburbs of Mumbai like Mira Road and Borivali. City buses like BEST (Mumbai City Bus), TMT (Thane Municipal Transport), NMMT (Navi Mumbai Municipal Transport), MBMT (Mira Bhayander Municipal Transport) and VVMT (Vasai Virar City Bus) are a part of the transport system here. There are four flyovers present on the arterial road i.e. at Waghbil, Patilpada, Manpada and Kapurbawdi, which have eased the vehicular traffic situation.

Puranik City Reserva provides benefits to the residents through access to many quality educational and healthcare institutions. Schools such as as New Horizon Scholar School [3.1 km], Saraswati Vidyalaya High School [2.6 km], Dnyan Ganga Education Trust [2.4 km], D. G International High School [2.4 km] and Hiranandani Foundation School [4.1 km] are located near the site. Titan Hospital [5.5 km], Shree Sai Hospital [5.4 km], Vedant Hospital [0.9 km], Hiranandani Hospital [5 km] are among some of the reputed healthcare facilities are also at an accessible distance.  The project is close to many popular malls and recreational amenities such as D-Mart [2.4 km], Hypercity [1.5 km], R Mall [5.9 km] and Blue Roof Club [ 2 km]

Puranik City Reserva: Project Overview

The project will have 5 towers spread over a 10 acre land parcel. The towers will have a 2 level podium, a stilt and will be 29 storeys high.  Each tower in the project has 8 apartments per floor, along with 3 lifts and 2 staircases, as per standards. The site layout is quite different from the conventional designs as the buildings have been placed linearly. This is a USP of the project; as this layout prevents the apartments from overlooking into one another, ensuring complete privacy and also provides good views from the apartments on both sides.

Puranik City Reserva
Site under construction [July 2017]
Another USP of the project is in the building layout. The apartments at Puranik City Reserva do not have shared common walls. The space between the walls of two apartments has instead been designated to a small garden. This landscaped space will have a seating area and a 20 ft. high glass opening which will overlook the outside of the building, bringing in enough light and ventilation in the common lobby. Also, the garden will serve as a community space on every floor and offer good opportunities for social interactions.

Puranik City Reserva: Apartment Types and Prices

The developer is launching two out of five towers currently, T4 and T5. Both the buildings have a combination of the available apartment configurations. The apartments are available in smart and luxury category to suit the buyer’s needs.

The table below lists the various apartment types, their carpet areas and prices:

Apartment Type Carpet Area

(In sq. ft.)

Price (in Rupees)
1 BHK Smart 445 73.54 Lacs
1 BHK Luxe 477 81.33 Lacs
2 BHK Smart 626
636
639
1.01 Cr.

1.03 Cr.

1.09 Cr.

2 BHK Luxe 708
716
717
1.19 Cr.

1.21 Cr.

1.22 Cr.

 

Some differentiating features of the apartment include a 1.5 metre wide usable patio, which alternate between the master bedroom and the living room according to the floor (the 1 BHK Smart apartments do not have a patio). There is a separate wardrobe niche in every suitable room of the apartment- bedrooms, dining area and kitchen, giving a clear rectangular area for designing and functioning.

Puranik City Reserva: Amenities Overview

Puranik City Reserva offers residents several options for recreation and leisure. There is a club house and swimming pool, which also includes a beach pool with palms, children’s wet park and pool deck lounge. There are amenities for children and senior citizens alike, which include a kid’s adventure park and an elderly nook with reflexology area. There are numerous areas where community celebrations can be carried out such as the open lawns, barbeque corner, grand celebration ground, bamboo courts and amphitheatre. The multipurpose lawn and court can be used for various sports activities. Also additionally present are a skating rink, indoor games room and a youth corner.

About the developer

The Puranik Group has been in the real estate market since 1968 and has its presence in cities like Thane, Lonavala, Pune, Neral & Murbad. They have created 46 landmark projects, some of them being the Sayama villas in Lonavala, Abitante in Pune and Aldea in Baner, Pune. Their under construction projects include Tokyo Bay and Rumah Bali at Ghodbunder Road in Thane.

Rutu City at Ghodbunder Road in Thane

Rutu City is an upcoming project by the Rutu Group at Ghodbunder Road, Thane. At present, only one tower is set to launch, offering apartment configurations of 1 and 2 BHK. The possession for this tower is expected to be handed over in March 2020. The prices of these apartments range from INR 73 Lacs to INR 1 Cr. and above.  More details on the apartment types, amenities and prices are shared in this article.

Rutu City: Location & Social Infrastructure

The Rutu City project is located at Ghodbunder Road, an area that is presently undergoing rapid infrastructural development. A D-mart, located right on the service road off Ghodbunder road, serves as a major landmark. The road next to D-Mart is the access road to the project site. The blaring noise of the busy Ghodbunder road died down as I reached closer to the site.

Access road- Rutu City
Access road
Access road- Rutu City
Access road

The project site boasts of excellent road connectivity. The 20 km long stretch of Ghodbunder Road, also known as State Highway 42, runs through Thane district and links the Eastern and Western Express Highways of Mumbai. It connects Thane district to western suburbs of Mumbai like Mira Road and Borivali. City buses like BEST (Mumbai City Bus), TMT (Thane Municipal Transport), NMMT (Navi Mumbai Municipal Transport), MBMT (Mira Bhayander Municipal Transport) and VVMT (Vasai Virar Municipal Transport) are a part of the transport system here. There are four flyovers present on the arterial road i.e. at Waghbil, Patilpada, Manpada and Kapurbawdi, which have eased the vehicular traffic situation.

The livability score at Ghodbunder road is always good, owing to the upsurge of residential projects as well as social infrastructure, which goes hand in hand. Located nearby are schools such as New Horizon Scholar School [2.7 km], Saraswati Vidyalaya High School [1.7 km], Dnyan Ganga Education Trust [1.1 km], D. G International High School [1.1 km], Hiranandani Foundation School [4.1 km]; Hospitals such as Titan Hospital [4.0 km], Shree Sai Hospital [3.9 km], Vedant Hospital [3.4 km], Hiranandani Hospital [3.6 km]; Malls, shopping and recreational amenities such as D-Mart [0.85 km], Hypercity [2.4 km], and R Mall [4.4 km].

Rutu City: Project Overview, Apartment Types and Prices

Rutu City greets visitors through a wide, well-guarded entrance. The project is coming up on a 15 acre land parcel with 13 towers. As of now, the developer has launched one tower named Richmond. The tower will be 29 storeyed having 8 apartments per floor, along with 2 staircases and 3 elevators. There will be six 1 BHK apartments and two 2 BHK apartments per floor.

View of Rutu City entrance gate
View of entrance gate from inside the site

Designed to facilitate optimum sunlight and ventilation in all rooms, the living rooms in the apartments have wide balconies [4.6 feet in 1 BHK and 5 feet wide in 2 BHK], which also makes the balcony space usable. There is also a cupboard niche provided in the bedrooms, which gives a clear rectangular space for designing the room.

The table below lists the various apartment types, their carpet areas and starting prices:

Apartment Type Carpet Area

(in sq. ft.)

Price (in Rupees)
1 BHK 460 73 Lacs
2 BHK 630 1 Cr. onwards

The parking charges will be an additional INR 2.5 Lacs for open area parking and INR 5 Lacs for the basement parking.

Under construction tower Rutu City
Under construction tower [July 2017]

Rutu City: Amenities Overview

There are several options for recreation and leisure in Rutu City. Amenities like gymnasium, library, conference room, children’s garden, dedicated senior citizen space contribute towards a better lifestyle for the residents. There will also be shops on the ground floor of the building and the residential apartments start above that. The beautifully landscaped gardens along with the exquisite view of the Yeoor hills contribute to a good living space and offer opportunities for social interactions and community celebrations.

Views from site Rutu City
Views from site
Views from site Rutu City
Views from site
Views from site Rutu City
Views from site
Views from site Rutu City
Views from site

About the developer

Construction of the first project of Rutu Group began in 1978. Till the year 2013, they have completed more than 35 projects in and around Mumbai, Thane and Ahmedabad, with upcoming ones in Mumbai, Thane, Kalyan, Boisar and Ahmedabad. Some of their completed projects include Rutu Estate, Rutu Enclave and Rutu Park in Thane, Royal Kadam in Ahmedabad and Riddhi Gardens in Malad. There are also many more projects in the western suburbs of Mumbai like Bandra, Santacruz, Malad, Andheri and Borivili. The developer’s ongoing projects are Rutu Complex in Kalyan and Riverview Classic also in Kalyan.

Man One Park Avenue at Ghodbunder Road in Thane

Man One Park Avenue is a project by Man Realty, coming up on the Ghodbunder Road in Thane. The apartment configurations available here are 1, 2 and 3 BHK. The prices of these apartments range from INR 81 Lacs to INR 2.03 Cr. The developer is currently launching 2 towers out of a total of 6, and the expected possession is in December 2020. More details on the apartment types, amenities and prices are shared in this article.

Man One Park Avenue: Location & Social Infrastructure

The project is located off Ghodbunder Road, right before the Hiranandani Road. This location gives the site excellent connectivity via road. The 20 km long stretch of Ghodbunder Road, also known as State Highway 42, runs through Thane district and links the Eastern and Western Express Highways of Mumbai. It connects Thane district to western suburbs of Mumbai like Mira Road and Borivali. City buses like BEST (Mumbai City Bus), TMT (Thane Municipal Transport), NMMT (Navi Mumbai Municipal Transport), MBMT (Mira Bhayander Municipal Transport) and VVMT (Vasai Virar City Bus) are a part of the transport system here. There are four flyovers present on the arterial road i.e. at Waghbil, Patilpada, Manpada and Kapurbawdi, which have eased the vehicular traffic situation.

Ghodbunder Road
Ghodbunder Road in front of the site

Man One Park Avenue provides convenience of access for its residents to many quality educational and healthcare institutions. Some of the best schools in Thane such as Hiranandani Foundation School, CP Goenka International School, St. Xavier’s High School and Holy Cross Convent School are located within a 0.5 – 5 km radius of here. Hiranandani Hospital, Titan Hospital and Vedant Hospital are among some of the reputed healthcare facilities located within 1-5 km from Man One Park Avenue.  The project is also close to many popular malls and recreational amenities such as R-Mall (1.7 km), Suraj Water Park (2.3 km), Wonder Mall (2.9 km), High Street Mall (3.6 km) and Viviana mall (4.9 km).

service road off Ghodbunder Road
Access road to site- service road off Ghodbunder Road

Man One Park Avenue: Project Overview

The project is coming up on a 15 acre land parcel, which will have more than 50 % open space and 6 residential towers. Man One Park Avenue greets visitors through a wide, well-guarded entrance. The residential towers have been designed a little distance away from the main entrance, preceding which is a huge area of green open space, currently under development. The 6 towers are each 30 storeys high and will surround a central recreational zone. Each floor will have 6 apartments, 2 staircases and 3 lifts.

Entrance gate- Man One Park Avenue
Entrance gate- Man One Park Avenue

The USP of the project is the 32 acre botanical garden which is being developed as a joint venture by Man Realty and the Hiranandani Group. The area allocated for the botanical garden is located right behind the site of this project and will be accessible to residents as well as non-residents.  It will have features like a tropical garden, log houses, yoga zone, children’s play area, sports and activities area, tulip and orchid garden, a lake and lake gardens. The residents of Man One Park Avenue will have a direct access from the site to the botanical garden. With the green area at the entrance, a central recreational zone and a botanical garden at the rear, residents can have views of lush green landscapes on both sides of the project.

Man One Park Avenue- Green zone at entrance
Green zone at entrance under construction [July 2017]
Man One Park Avenue- Entrance to the residential zone
Entrance to the residential zone

Man One Park Avenue: Apartment Types and Prices

The apartments have a standard layout with decently sized rooms.  Some standout features of the apartment include the availability of a cupboard niche in all storage spaces, which increases the functional area of rooms. Designed to facilitate optimum sunlight and ventilation in all rooms, the 2 and 3 BHK apartments have a 4 feet wide balcony in the living room and bedrooms, making the balcony spaces well-usable. The 3 BHK apartments also have a servant’s room with a separate toilet, at the entrance of the house

The table below lists the various apartment types, their built-up areas and prices:

Apartment Type Tower Name Carpet Area

(in sq. ft.)

Overall Price (in Rupees)
1 BHK Tower 6 441 81 Lacs
2 BHK Tower 6 656 1.20 Cr
2 BHK Tower 1 798 1.46 Cr
3 BHK Tower 1 1127 2.03 Cr

 

Man One Park Avenue- Buildings under construction
Buildings under construction

Man One Park Avenue: Amenities Overview

There are several options for recreation and leisure in Man One Park Avenue. The botanical garden located right behind the site will make for a picturesque view and will provide the residents the opportunity to be close to nature, just a stone’s throw away from their homes. The central area of the project will be deemed as a no drive zone, ensuring safety for children and senior citizens. The beautifully landscaped hammock garden, butterfly garden, herb garden and foot massage park will offer good opportunities for social interactions and community celebrations.

Man One Park Avenue- sales office
Landscape near sales office

The outdoor and indoor sports facilities will include tennis courts, lap pool, a cricket pitch, chess, carom and billiards. Lifestyle amenities include a gymnasium and yoga room. Services like laundry, pharmacy and grocery store will also be a part of the project. Other amenities like library, kindergarten, an outdoor café and a communications hub have been provided in the project, making residents everyday lives as convenient and comfortable as possible.

About the developer

Man Realty was started in 1982 and has 50 high profile projects under its name. They have ventured into the domain of IT Parks, SEZs, residential complexes and commercial complexes. Some of their completed projects in Mumbai include Aadhya in Juhu, Man Dunes in Bandra and Man Excellenza in Vile Parle. Their ongoing projects include Shanti Sadan in Bandra, Man Opus in Dahisar and Man Residences in Nerul.

 

Runwal Pearl At Ghodbunder Road

Thane city has been undergoing tremendous development in recent years. Finding a house in Thane is a desire for home buyers due to improving infrastructure and reasonably affordable housing. Ghodbunder Road is one of the most sought after areas by these potential buyers as it is undergoing massive and quick development.  It has good transport facilities and is very well connected to all the social and commercial infrastructure nearby, which is a boon for the buyers.

Runwal Pearl: Location

The project Runwal Pearl is located at Ghodbunder Road, Thane (West). One of the most advantageous features of Ghodbunder road is its good connectivity. It connects the Eastern and Western Express Highways of Mumbai. It also connects Thane to western suburbs of Mumbai like Borivali and Mira Road and passes through important places like Majiwada, Kapurbawdi, Manpada, Patlipada, and Kasarwadavli. Many known healthcare, recreational, and educational facilities are located in its vicinity. This highway is connected by city buses (BEST, TMT, VVMT etc.). The upcoming infrastructure on the Ghodbunder road includes a Metro corridor that will run between Wadala and Kasarwadavli, and also a monorail project, the Thane-Bhiwandi-Kalyan MRTS. Runwal Pearl is situated right behind R Mall, which is a well known shopping complex and has many food outlets.

Runwal Pearl location
Runwal Pearl: Approach road
Runwal Pearl location
Runwal Pearl: Approach road

Runwal Pearl: Social Infrastructure

R mall is (400 metres) located at just a 5 minute walking distance from the site. Educational institutions such as St. Xaviers High School (3.9 kms), Hiranandani Foundation School (4.5 kms), and Arunodaya  Public School (7.1 kms) are located near the site. Healthcare facilities such as Orthonova Hospital and Dhanwantari Multispeciality Hospital are located at a distance of 1.3 kms and 7.7 kms respectively.

Runwal Pearl: Site Layout and Amenities

Runwal Pearl consists of 2 towers – Doris and Rissoina, which have been newly launched. The recreational amenities are located at the centre of the area and the buildings are around it. These include a jogging area, kids play area, a green landscaped garden, acupressure zone, meditation pavilion, gymnasium, cards room, steam room, party lawn, badminton court/ multipurpose hall, snooker/billiards/table tennis and a reading lounge.

Runwal Pearl Site layout
Runwal Pearl: Entrance gate
Runwal Pearl: Entrance
Ramp from entrance gate
Runwal Pearl: Construction Site
Runwal Pearl: Construction Site

Runwal Pearl: Building Layout

Both the newly launched buildings have been thoughtfully designed. The floor plan is neither too congested nor does it seem too spacious.

Tower A- Doris

The tower is 30 storeyed, with 4 flats on every floor, two of which are 2 BHK and the other two are 2.5 BHK. Each floor has 2 staircases and 3 lifts.

Runwal Pearl: Tower Doris
Runwal Pearl: Tower Doris

Tower E- Rissoina

The tower is 25 storeyed, with 6 flats on every floor, four of which are 2 BHK and the other two are 3 BHK. Each floor has 2 staircases and 3 lifts.

Runwal Pearl: Tower Rissoina
Runwal Pearl: Tower Rissoina

Runwal Pearl: Apartment Layout

Tower A- Doris

There is one toilet attached to the master bedroom and one common toilet. The bedrooms have a separate wardrobe niche, which gives a clear usable rectangular space. There is also small passage between the living room and the bedrooms which acts as a buffer area. The common toilet is situated in this passage. The 2.5 BHK apartments have a separate area provided at the entrance as a lobby, which acts as a waiting area for visitors or guests.

Tower E- Rissoina

The apartments are of standard sizes and are well designed. The kitchen and dining area are attached to each other, which is convenient as the two have interdependent functions. Here too, the bedrooms have a separate wardrobe niche.

Runwal Pearl: Price

Tower A- Doris

For the 2 BHK apartment configuration, the carpet area is 683.42 sq. ft. and the basic price, all inclusive,  starts from INR 1.3 Crore. For the 2.5 BHK apartment configuration, the carpet area is 793.74 sq. ft. and the basic price, all inclusive, starts from INR 1.5 Crore.

Tower E- Rissoina

For the 2 BHK apartment configuration, the carpet area ranges from 624.1  sq. ft. to 654.48 sq. ft. and the basic price ranges from INR 1.22 Crore to INR 1.28 Crore. For the 3 BHK Apartment configuration, the carpet area is 746.33 sq. ft. and the basic price, all inclusive, starts from INR 1.46 Crore.

About the builder

The Runwal Group was established in 1978, and it operates in the residential, commercial and organized retail sectors. They have completed over 65 projects till date. Some of their completed projects are- Runwal Pride in Mulund (West), Runwal Plaza in Thane (West), Runwal Regency in Pune.

Ghodbunder Road- Popular Real Estate Destination

Thane was previously identified as a suburban outskirt of Mumbai. The unprecedented upsurge in land prices in Mumbai, made Thane a coveted property market. The city now boasts of a well-developed labyrinth of flyovers, highways and roadways.  The improved infrastructure boosted residential and commercial real estate development in Thane and vice versa. The city offers an array of premium and budget development options. The Knight Frank half yearly report states that the demand in real estate market of Thane grew by 47 per cent. Various micro markets in Thane have been targeted by developers, the most popular among them being Ghodbunder Road.

Location and Connectivity

The 20 km long stretch of Ghodbunder Road, also known as State Highway 42, runs through Thane district and links the Eastern and Western Express Highways of Mumbai. It connects Thane district to western suburbs of Mumbai like Mira Road and Borivali. City buses like BEST (Mumbai City Bus), TMT (Thane Municipal Transport), NMMT (Navi Mumbai Municipal Transport), MBMT (Mira Bhayander Municipal Transport) and VVMT (Vasai Virar City Bus) are a part of the transport system here. There are four flyovers present on the arterial road i.e. at Waghbil, Patilpada, Manpada and Kapurbawdi, which have eased the vehicular traffic situation.

Social Conveniences

Ghodbunder Road provides easy accessibility to social amenities like schools and hospitals. Hospitals such as Titan Hospital, Orthonava Hospital, Jijai Women’s Hospital, Shree Ramkrishna Netralaya Hospital, Dhanwantri Multispeciality Hospital and Hiranandani Hospital are present in this area.

Titan Hospital
Titan Hospital

It also comprises of educational institutes such as A. P Shah Institue of Technology, Hiranandani Foundation School, Shubhamraje Junior College, Veer Mata Hiraben P Shah College of Pharmacy, Kidzee Preschool, Dnyan-Ganga Education trusts, Euro School, D.G international School (ICSE), Sri Maa Vidyalaya and St. Xavier’s High School and Junior College.

St. Xavier's High School and Junior College
St. Xavier’s High School and Junior College
Dnyan Ganga Education Trust
Dnyan Ganga Education Trust

Leisure and recreational amenities like Suraj Water Park, The Blue Roof Club, R- Mall and Hypercity Mall are also present in the vicinity.

R- Mall
R- Mall
Suraj Water Park
Suraj Water Park

Ghodbunder Road: Future Development

The future of Ghodbunder has a lot of infrastructural development in the pipeline. There is an upcoming Metro corridor which has been finalized by MMRDA that will run between Wadala and Kasarvadavali on Ghodbunder Road. Along with this, there is also an awaited monorail project, the Thane-Bhiwandi- Kalyan MRTS.  An elevated freeway, which will be 4.4 km long and will be built between Ovala and Chenna creek, has also been planned. This has been proposed mainly for the hilly regions and will help de-congest traffic on Ghodbunder Road. The MSDRC (Maharashtra State Road Development Corporation) also plans to build 10 foot-over-bridges with escalators, which will be a safe diversion the pedestrian traffic. The commercial development in Ghodbunder Road has also seen an upsurge. There are upcoming corporate offices, IT parks, malls and retail outlets in the area.

Ghodbunder Road: Upcoming Projects

The developments at Ghodbunder road cater to the affordable as well as high segment buyers. The availability of land parcels has attracted reputed builders like the Lodha Group, Puraniks and Runwal Group to develop projects here.

Raunak Heights by Raunak Group offers affordable 1 BHK flats with areas of 645 sq. ft. and 651 sq. ft., with price ranging from INR 47 lakhs to 51 lakhs.

Raunak Heights
Raunak Heights

Unnathi Woods by Raunak Group is a 40 acre township and is being developed in 7 phases.

Unnathi Woods
Unnathi Woods

Vijay Orovia by Vijay Group offers apartments are from 1BHK to 4BHK with saleable area from 636 sq. ft. to 2,465 sq. ft., with price ranging from Rs. 51 Lakhs to Rs. 2.5 Cr.

Vijay Orovia
Vijay Orovia

Hiranandani’s township at Thane is a mixed-used integrated township in the works, spread across 250 acres of land.

Hiranandani Estate
Towards Hiranandani Estate

Raj Torres by Rajesh Lifespaces have 2, 3 and 4 BHK apartments ranging from741 sq. ft. to 1448 sq. ft. The apartments cost anywhere from Rs.1.14 crore to Rs. 2.25 crore.

Raj Torres excavation
Raj Torres excavation on site (March 2016)

Raj Tattva by Rajesh Lifespaces is a premium project offering 3, 4 and 5 BHK apartments. 3 BHKs start at 1131 sq. ft. with the price of Rupees 2.23 Crore, 4 BHKs start at 1977 sq. ft. with the price of Rupees 3.87 Crore.

construction at Raj Tattva
Ongoing construction at Raj Tattva (May 2017)

Other Projects on Ghodbunder Road are Lodha Splendora by Lodha Group, The Walk, Rodas Enclave and Hiranandani One by Hiranandani Group, Rutu City by Rutu Group, Puranik Rumah Bali, Puranik Tokyo Bay and Puranik City by Puranik Group.

Conclusion

As of June 2017, the average price per square feet area at Ghodbunder Road is INR 9000. Ghodbunder Road has an edge over other locations owing to the relatively lower prices when compared to the heart of Thane city. It offers a range of projects, from the affordable segment to premium segment. As the city grows, this area is seeing rapid appreciation in the property market. All of these factors contribute to making Ghodbunder Road a good option for end-users and investors alike.