Thane, a city of lakes, has received a new recognition. Central Park Thane is the first central park concept of its kind in the state. It is the largest urban Park, spread over 20 acres. Thane has more than 80 developed parks, and as a matter of fact, this is the largest. This news is sure to bring positive attention and benefits to the area. The Park was designed using international expertise and was opened to the public in Thane on February 8, 2024.
About Grand Central Park Thane
Central Park Thane is a project developed under the Suvidha plot development initiative by the Thane Municipal Corporation (TMC). Central Park draws inspiration from the iconic Grand Central Park in New York and Hyde Park in London. Reputable developer Kalpataru, which has a Park City project in Kolshet Road Thane, designed and developed this Park as an amenity space in exchange for a transfer of development rights (TDR). Kalpataru has now handed over the amenity to the corporation.
Grand Central Park – Go Green
Grand Central Park Thane is home to an impressive collection of more than 3,500 diverse species of trees, as a result provides an immersive experience for visitors. The Park comprises four themed areas –
- A Mughal garden
- A Chinese park
- A Moroccan park showcasing Moroccan culture
- A Japanese park
To point out, the park’s green cover is potent enough to generate 8.84 lakh pounds of oxygen annually. Consequently, ensuring a sufficient oxygen supply for people to breathe is critical in urban areas.
Daily Dose of Nature and Exercise
Amenities are available for fitness enthusiasts, including a jogging track, lawn tennis and volleyball courts, play equipment for children, and dedicated spaces for yoga and meditation. The Park also features an iconic X-Bridge, a 400-capacity amphitheater, a sprawling lakefront, and a 750-meter-long promenade, among other attractions. The project will include a skate park that spans 31000 square feet, which is likely the largest in the country. Various bird species are expected to gather around the Park’s water bodies, making it an ideal location for birdwatchers.
Grand Central Park – Bringing Wonders Home
The developers plan to create a miniature replica of the Seven Wonders and a snowpark at this location. Without a doubt, this will be beneficial for those who are unable to travel abroad. Additionally, visitors to the Park will have access to information about the indigenous and exotic trees planted on-site through QR-code-based panels installed next to each tree. The Park has a capacity of approximately 5000 visitors at any given time. The developer, who will also maintain the Park, has announced that work on a second phase on an adjacent plot will begin soon.
Namo Grand Central Park – Thane’s Icon of Sustainability
The Namo Grand Central Park project will play a pivotal role in Thane’s transformative journey of the past three decades. Thane’s growth vision is deeply rooted in sustainable development and greenification. The Park is set to become a beacon of progressive urban planning, seamlessly blending international standards with local relevance. Without any doubt, it will leave a lasting impact on the community.
Boost To Real Estate in Thane
Central Park, located on Kolshet Road Thane, is expected to raise real estate prices and attract more investors and homebuyers. Here’s how:
1. Enhanced Quality of Life
Central Park will serve as a recreational haven for residents, with an extensive selection of top-notch amenities such as jogging tracks, sports courts, themed gardens, and serene promenades. Enhancing the local quality of life makes nearby properties more desirable, consequently driving up real estate prices.
2. Aesthetic Appeal
A large, lush green space amidst the urban landscape adds to the area’s aesthetic appeal. Properties with views overlooking the park or situated nearby will command higher prices due to their scenic surroundings and enhanced tranquility.
3. Increased Foot Traffic
The allure of Central Park as a tourist destination and recreational hotspot will lead to increased foot traffic in the area. This heightened activity can attract businesses, cafes, and retail establishments seeking to capitalize on the influx of visitors, further enhancing the appeal of the locality and subsequently driving up property prices.
4. Developer Credibility
The involvement of reputable developer Kalpataru in creating and maintaining Central Park lends credibility and prestige to the entire Kolshet Road area. Prospective investors and homebuyers are more likely to trust properties developed by established firms, leading to increased demand and higher prices.
5. Symbol of Urban Development
Central Park represents a significant milestone in Thane’s urban development journey, symbolizing the city’s commitment to sustainable growth and green initiatives. This progressive approach to city planning enhances Thane’s reputation as a desirable residential destination, attracting more investors and homebuyers seeking to be part of a forward-thinking community.
6. Market Value Appreciation
As Central Park becomes a focal point of Kolshet Road, in effect the surrounding properties will likely experience market value appreciation over time. Investors recognize the potential for long-term returns on their investments. Homebuyers are drawn to the prospect of owning property in a rapidly appreciating market.
Conclusion
In conclusion, the introduction of Central Park on Kolshet Road marks a transformative moment for Thane’s real estate landscape. With its plethora of amenities, scenic beauty, and symbol of sustainable urban development, the park serves as a beacon of progress and prosperity for the entire area. As the park’s attraction increases, the value of properties in the area is also likely to rise. Investors and homebuyers alike are drawn to the promise of an enhanced quality of life and long-term appreciation. Central Park elevates the immediate surroundings and cements Kolshet Road’s position as a coveted destination with a harmonious blend of nature, convenience, and modernity. In the dynamic tapestry of Thane’s urban fabric, Central Park emerges as a green oasis and a catalyst for growth, community, and lasting value.