If you’re a resident of Thane, you’ve probably witnessed firsthand the remarkable transformation Kolshet Road has been undergoing. A blend of social infrastructure, infrastructural developments, and projects in Kolshet Road sets it apart. It adds to its value and, ultimately, changes the face of Thane. With this in mind, let’s delve into how Kolshet Road is propelling Thane City into a brighter, more dynamic future.
Social & Cultural Infrastructure in Kolshet Road
Kolshet Road boasts a well-established social infrastructure, with a plethora of retail outlets, corporate and entertainment hubs, and top schools, all within a few minutes’ reach. The convenience is unparalleled, with top retail outlets, for instance- DMart, Big Bazaar, and Hypercity, just a 5-10 minute drive away. Some of Thane’s best schools, including C P Goenka International School, Orchid High School, and Sulochanadevi Singhania, are also just minutes away. Access to top hospitals like Jupiter Hospital, Bethany Hospital, and Vedant Hospital is a breeze from Kolshet Road. Additionally, top corporates like Deloitte have chosen to set up their offices here.
Central Park in Kolshet Road Thane is the first of its kind in the state, featuring a central park concept. With an area of 20 acres, it is the largest urban park in Thane, Where Thane already has over 80 developed parks. The park on Kolshet Road has the potential to transform Thane’s real estate landscape. It can be considered a hallmark of sustainable urban development, offering a plethora of amenities and scenic beauty. As Central Park’s popularity grows, eventually, the value of projects in Kolshet Road and the vicinity is expected to increase.
Future Infrastructure Development
Another key point is that it is located within the Mumbai Metropolitan Region Development Authority (MMRDA) plan and is set to become a smart city with top-notch infrastructure and amenities.
Moreover, a range of upcoming projects, including the Metro Line 4 Wadala to Kasarwadawali, Metro Line 5 Thane Bhiwani and Kalyan, the Coastal Road Project, the Thane-Borivali Tunnel, and the Thane-Diva Road, are set to transform its landscape. These projects are the pillars that will enhance connectivity, accessibility, and the overall living experience in Kolshet.
Price Trends of Projects in Kolshet Road
Kolshet Road is a prime real estate investment destination in Thane, with around 54 projects in its vicinity. The prices of newly launched projects have shown significant growth in the last few years. From around ₹11,556 per sq. ft. in 2013 to around ₹19,000 per sq. ft. in 2021. It reflects a growth of over 70% in just 8 years. These figures clearly indicate the investment potential of projects in Kolshet Road. In the past five years, about 7,000 units were sold in completed projects in Kolshet Road. Wherein a weighted average price was of ₹18,843. On the other hand, around 7,500 units were sold in newly launched projects in the last five years, with a weighted average price of ₹18,198. These statistics provide a clear picture of the property rates for flats in Kolshet Road, helping you make an informed investment decision.
Top Projects in Kolshet Road
In the past, Kolshet Road was primarily known for its industrial areas. However, in recent years, the scenario has drastically changed. Today, the top residential projects in Thane are projects in Kolshet Road. This transformation can be attributed to several factors, such as its strategic location, affordable prices, and rapidly developing infrastructure. With easy connectivity to other parts of the city and a host of modern amenities, Kolshet Road has emerged as a preferred destination for homebuyers looking for a comfortable and convenient lifestyle and investment appreciation. Check out Lodha Amara Kolshet Road Thane and Lodha Crown Kolshet, Godrej Ascend Kolshet Road, Kalpataru Immensa Kolshet Road, Lodha Casa Zest Kolshet Road, Lodha Sterling Kolshet Road
Final Thoughts
The remarkable transformation of Kolshet Road is not only reshaping Thane City’s future but also sparking excitement and optimism. Its blend of social infrastructure, ongoing developments, and top residential projects that makes it an ideal investment hub. Given these points, Kolshet Road’s exclusivity and appeal continue to grow. It’s clear that Kolshet Road is changing Thane’s landscape and offering a promising future for residents and investors.