Majiwada is a top location for real estate activities in the heart of Thane. Its strategic location, enhanced by exceptional connectivity, makes it a hotspot for residential and commercial investments.
The developments at Majiwada, such as Rustomjee Verdant Vistas, reflect a deep commitment towards blending luxurious living with urban convenience. With the expanding infrastructure, excellent transport networks, and proximity to economic hubs, Majiwada offers a holistic lifestyle that appeals to families, professionals, and investors.
Keep reading to learn why Majiwada is an ideal spot for real estate investment!
Top 8 Reasons That Make Majiwada a Perfect Location for Real Estate Investment
Multiple factors affect Majiwada’s growth and development in real estate projects. Here are the 8 best reasons why Majiwada connectivity can boost the real estate market:
Transport Infrastructure
Located at the centre of Thane, Majiwada established robust connectivity with the entire Maharashtra.
Some of the well-connected highways that pass through Majiwada include Ghodbunder Road, Thane-Belapur Road, and Eastern Express Highway. Majiwada is also close to Thane railway station, which connects it to the major cities of Maharashtra. Besides, the metro rail project has already been proposed to enhance Majiwada’s connectivity.
Business District Accessibility
One of the reasons why Majiwada is considered an ideal spot for real estate investment is its proximity to industrial areas. Working professionals prefer staying in this location as they can easily access the industrial areas and business parks from here.
Majiwada is within a 5km radius of Centre Orion Business Park, Thane One Corporate Park, and Hiranandani Business Park. Besides, the Wagle Industrial Estate and Kolshet Industrial Area are about 8 km and 3km away from Majiwada. Being close to the major employment hubs and corporate centres, residents of this location can save their travelling time and cost and also maintain a work-life balance.
Infrastructure Development
Infrastructural development of an area enhances the chances of its growth in real estate development. Majiwada has well-developed social infrastructure like hospitals, reputed schools, shopping malls, etc. Besides, upcoming infrastructure projects such as metro lines, new flyovers, wide roads, etc. will improve the traffic condition of this area.
Real estate projects such as Rustomjee La Familia close to this developed infrastructure can enhance the lifestyle and convenience of residents. Such amenities will attract homebuyers, boosting the property prices.
Read Also: Top Factors to Consider When Selecting a Neighbourhood for Your High-End Residence
Healthcare Facilities
While buying homes, one of the most crucial factors that homebuyers consider is the distance from healthcare centres. Medical emergencies may arise anytime and to tackle them immediately, you need to have better accessibility to hospitals and healthcare centres.
Majiwada is home to some renowned healthcare centres like Aditya Hospital, Ekta Hospital, and Global Hospital. All these are known for excellent medical infrastructure and comprehensive care, ensuring a healthy and secure lifestyle for the residents of this area.
Tourist Attractions
Another reason for Majiwada being one of the best spots for real estate investment is its distance from the popular tourist places in Maharashtra. What can be more exciting than spending a weekend at a captivating tourist destination with your family?
Residents of Majiwada can experience such a getaway as it has popular tourist spots within a 5km range. Upvan Lake, Tikuji-ni-Wadi, and Masunda Lake are some of the attractive tourist spots close to Majiwada.
Educational Hubs
While choosing their residence, most homebuyers prefer locations that include reputed educational institutions. It helps students to get the best education in their locality. Majiwada offers quality education to students with renowned institutions like Rustomjee Cambridge International School, C.P. Goenka International School, and Narayana e-Techno School.
All these institutions are known for providing excellent educational support to students with an experienced group of faculties, exceptional study materials, etc.
Upcoming Projects
Developers like Rustomjee have brought in multiple real estate projects in Majiwada that cater to various lifestyle choices and budgets. Rustomjee has launched its flagship projects in Majiwada focusing on the best amenities and unique features. Here are some of the upcoming Rustomjee Majiwada projects that focus both on residential and commercial spaces:
- Rustomjee Uptown Urbania La Familia:
It is a mix of both commercial and residential spaces, offering 2 and 3 BHK apartments in the heart of Majiwada. The price range of these apartments starts from Rs. 1.52 crore for 2BHK and Rs. 2.10 crore for 3BHK. Featured with sports facilities, landscaped gardens, clubhouse, retail outlets, etc. this project promises luxury and convenience at its best.
- Rustomjee Uptown Urbania La Vie Life:
This project targets families requiring spacious 2BHK apartments with areas ranging from 670 and 684 sq. ft. area with modern amenities like a skating rink, clubhouse, kid’s play area, and more. You can experience a family-friendly environment amidst the green along with recreational facilities. The apartments come in 2BHK and 3BHK options and are just 10 minutes drive from Thane.
Job Opportunities and Economic Growth
Being close to the business district, Majiwada has witnessed several commercial developments, leading to considerable economic growth. There are several business centres and IT parks in and around Majiwada that have created job opportunities and also boosted the economic condition of this area. Real estate investment in such a location can be profitable in many ways.
Investment Recommendations
With this notable development in Majiwada’s infrastructure, investment opportunities in real estate have been rising. The property values are likely to increase with enhanced connectivity and social infrastructures. Besides, a steady appreciation rate in Majiwada’s property values serves as a promise for profitable real estate investment.
Multiple government initiatives and schemes like PMAy (Pradhan Mantri Awas Yojana) offer affordable homes to homeowners, increasing more possibilities for real estate growth. Thus, investing in real estate can bring potential returns and growth for investors.
Read Also: The Hidden Costs of Purchasing a Luxury Apartment: What You Need to Know
Conclusion
Majiwada connectivity is beneficial for real estate investment in many ways. Its prime location and proximity to corporate hubs, educational institutions, healthcare centres, etc., make Majiwada a perfect place for real estate investment.
With Rustomjee’s flagship projects in Majiwada, real estate infrastructure has reached its peak in a few years. Want to upgrade your living style with smart living? Contact Rustomjee for elite-class apartments in Rustomjee Verdant Vistas and live a life full of comfort.
FAQs
- Which upcoming infrastructure projects will benefit Majiwada?
The upcoming infrastructure projects that are going to be beneficial for Majiwada are metro line extension projects. Besides, there are other projects like new flyovers, road expansion, etc.
- Are the property prices in Majiwada higher than in other places in Mumbai?
Property prices in Majiwada are comparatively lower than in many other parts of Mumbai. These competitive prices make properties in Majiwada both affordable and profitable, offering higher ROI and appealing to real estate investors and home buyers alike.
- What is the impact of Majiwada’s infrastructure development on real estate investment?
Ongoing projects like the Thane-Wadala metro line will enhance connectivity and accessibility between Thane, Majiwada, and Wadala. This drives demand for properties in Majiwada and sometimes causes an appreciation of their values.
