7 Considerations for Property Purchase in Thane


When it comes to buying property for sale in Thane, you have plenty of choices. Owing to the rapidly developing connectivity projects in the city, it is currently one of the hottest trending places to invest in the MMR. It is becoming home to numerous housing projects by top developers, some of them are underway while others have been completed and are ready to be occupied.

Moreover, the broadening of existing streets, government projects, and cluster policy have led the big real estate developer of the country to come up with a variety of projects. Thane boasts a cosmopolitan culture very much like Mumbai.  Also, it has some of the best designing, engineering, and medical universities. The education sector is developing at a fast pace as more people are opting for advanced education.

Even though there are plenty of options in Thane, if you are looking for an apartment or a house, you still need to check a few things. Do not rush into it.

Having said that, here are a few considerations you should pay attention to while buying property in Thane:


This is important. You need to scrutinise the area where you plan to reside. It should be a safe and secure place so you can easily live with your family members. It must have proper infrastructure and modern amenities so you can comfortably access health facilities, public transport, and grocery stores.

Property Price

Fix a budget. This way, you would be able to decide easily as you know the exact amount you are willing to spend. Now, compare the worth of the property with those in the surrounding by other builders. Browse and research. There are ways you can get a comparative analysis of properties available in the area you are looking in.

The Reputation of the Builder

You need to do a background check as you are going to be investing your money into property be it as a buyer or an investor. You can visit other buildings built by the same builder and know about their reputation in the market. Usually, developers nowadays maintain their complete profile in a brochure or magazine.

Inspect the Property

Once you have checked out your preferred places for apartments or houses, shortlist them and go through each of them. Inspect them thoroughly. As said earlier, make sure that your apartment is nearby hospitals, shops, and schools. Do pay attention to the traffic near the building as well so you can get an idea of how noisy the locality is. See that there are shops, banks, schools, and health facilities in the vicinity.

Ask About the Maintenance Charges                                         

Quite often, when buying property, people do not know about the maintenance charges. They are different from the cost and include water charges, municipal tax, property tax, electricity charges, and elevator charges. These charges apply to all occupants of the building. If you own a vehicle, you will have to add the parking fees and other additional facilities. Ask the builder and get clarification in advance.

Pay Attention to Hidden Costs

Sometimes, unexpected charges and costs emerge as you begin to finalize the transaction. For example, builders can make additional charges for altering the records when an individual joins or leaves a property. Also, the organization expenses to provide data you need to acquire a home loan. This along with the maintenance charges above can significantly add to the final cost. So, you ought to plan in advance.

Research the Property Market

Before you move ahead and get everything finalised about the property you wish to put your savings into, take your time in gathering information, researching the market, and weighing your options. Never make a hasty decision. It would be wise to consult a few real estate agents. Also, you can talk to people in your circle who have bought or plan to buy property in Thane. 

Also, do not always believe what the real estate agent tells you. Be sure to conduct your own market research and then make a decision if you are interested in buying one of the flats for sale in Thane West.

In a nutshell, buying a home is one of the most important and expensive decisions you are going to make in your life. So, you have to make sure that you are putting your money in the right place.

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