Ghodbunder Road which also goes by the name of State Highway 42, is a state highway that passes through Thane district Maharashtra. Ghodbunder Road passes through Thane City and enjoys excellent connectivity with the Eastern Express Highway and also with the National Highway 8 passing through Gujarat. These are a few reasons why Ghodbunder Roadrapidly prospering as a real estate sector as compared to Vashi and other districts of Mumbai andmore people are shifting base in Ghodbunder Road. In this article, we will discuss the various aspects as to why Ghodbunder Road is turning out to be the blue-eyed boy in real estate development.
Background of Ghodbunder Road
Ghodbunder Road is the residential area of the Maharashtra district that is dotted with families who belong to the middle-income group. Therefore, although not to be counted among the posh areas of Mumbai, Ghodbunder Road is affordable and has all facilities available for comfortable living. Ghodbunder Road is in close proximity of the famous localities of Waghali, Vashi, Vasant Vihar to name a few. Ghodbunder Road, however, in the past few years have witnessed huge commercial development.
Connectivity of Ghodbunder Road
Services of BEST and ST bus services are operational here in Ghodbunder Road. The nearest operational railway station from Ghodbunder Road is Thane Railway station which is located at a distance of six kilometres. The nearest serving airports are: Chhatrapati Shivaji International Airport and the Mumbai Domestic Airport.Furthermore future connectivity plans would see the developing metro railway in Ghodbunder Road. This project when completed would have more than 10 halts within Thane itself.With the completion of the project, it is expected that the distance between Thane and Wadala would reduce by half.
Employment in Ghodbunder Road
Ghodbunder Road Thane is being projected as one of the most sought after area in the real estate market as it has shown a hugedevelopment not only in infrastructural developments but also in terms ofcreating jobs as well. Ghodbunder has very recently seen a rise in the young population with the growth of the MGM IT Park creating a hike in the number of job opportunities.
Other Social Amenities near Ghodbunder Road
Ghodbunder Road is dotted with schools and colleges as in the likes of Saraswati Vidyalaya High School and Junior College, DAV Public School and the Hiranandani Public School to name a few.
The locality is also the home to some of the most famous hospitals of Mumbai like the Dhanwantari Multispecialty Hospital and the Orthonova Hospital.
Besides, education, employment transportation and healthcare,the residents of Ghodbunder Road also has access to recreational and luxury facilities such as malls, shopping complexes and restaurants.
Due to these reasons real estate experts are of the opinion that property buyers in Ghodbunder Road have been fortunate enough to witness a 300% growth in the past five years! Thus it can be safely concluded that Thane is on the hot-list for home buyers and investors who look for both affordable and luxury segments.