The neighbourhood of Majiwada has a strategic location at the centre point of the growth corridor at Thane. Effectively connected by roadways and railways to different key areas of the city and important business districts, the region has evolved into a residential hub for working professionals.
The proximity to key business centres, IT Parks, and other professional hubs, along with the presence of all the amenities, makes this area attractive to individuals focused on career growth. This blog post takes a close look at the key aspects of residing at Majiwada, along with flats in Majiwada for professionals. Let’s dive into it!
Strategic Location: The Commuter’s Advantage
Majiwada is centrally located in the city, which facilitates convenience and connectivity to key areas. Notably, the region is positioned between Navi Mumbai, Mumbai, and various other parts of the Thane district and is well-connected to roadways like the Easter Express Highway.
The proximity of Majiwada to the Easter Express Highway promotes seamless access to important areas such as Powai, BKC, and Thane. Furthermore, the area is close to the Thane railway station, enhancing the link between the harbour and central lines, further facilitating simpler travel.
The region also offers efficient connectivity to business corporate offices and IT parks, such as the ThaneOne Corporate Business IT Park (3.4 km), Ashar IT Park ( 6.9 km), and Lodha iThink (3.2 km).
Read Also: The Growth of Majiwada as a Thriving Residential and Commercial Hub
Residential Options for Different Professional Needs
Majiwada’s real estate market has witnessed a major transformation, with the suburb becoming a leading destination for flats offering well-planned and modern designs. Here are the different options that home buyers can expect to find in the region.
- Compact 1BHK Options: Working professionals with small families or those buying a home for the first time prefer more compact residences. The region’s 1 BHk flats that are priced affordably are a perfect choice for such professionals.
- Spacious 2BHK Apartments for Small Families: Professionals with a family of 3-4 can go for 2BHK properties that offer larger rooms and the complete amenities needed for comfortable living.
- Premium 3BHK & 4BHK Configurations: Luxury properties in projects such as Rustomjee Verdant Vistas offer flats of these configurations with high-end facilities and sleek, futuristic designs. Such flats are an ideal choice for executives and senior professionals.
- Price Ranges and Value Propositions: Here’s a summary of the price ranges of flats of various configurations in the Majiwada region.
| Configuration | Property Prices (in Rs.) |
| 1 BHK | 55 Lakh to 85 Lakh |
| 2 BHK | 1.05 Cr to 1.55 Cr |
| 3 BHK | 1.92 Cr to 2.8 Cr |
| 4 BHK | 2.79 Cr to 4.79 Cr |
| 5 BHK | 4.07 Cr to 5.5 Cr |
Read Also: Majiwada Luxury Living: Prime Location in Thane
Modern Amenities Catering to Professional Lifestyles
- Fitness Facilities for Pre or Post-Work Exercise Routines:
Well-equipped fitness centres in the region, along with those found in premium projects such as Rustomjee Rustomjee Verdant Vistas, help professionals follow the ideal pre or post-work exercising routine. These include spacious studios with the latest gym equipment and expert instructors for the best experience.
Fitness enthusiasts in Majiwada can access top-tier gyms like Fit7 by MS Dhoni and Anytime Fitness, while premium residences such as Rustomjee Verdant Vistas offer exclusive wellness centres.
- Entertainment Zones for Unwinding after Busy Workdays:
Flats in Majiwada for professionals are also close to multi-sport courts, clubhouses, kids’ play areas, and mini theatres for a holistic living experience that includes the right amount of recreation and relaxation.
Professionals can unwind at Viviana Mall’s gaming zones, movie theatres, or clubhouse facilities within gated communities. Thus, working professionals can find enough options during the times when they seek to unwind after a long week, ultimately achieving a better work-life balance.
Social Infrastructure Supporting Working Professionals
- Cafes and Restaurants for Business Meetings:
Professionals who prefer calm working spaces to concentrate better can find several cafes nearby, such as the Cafe Junction, Third Wave Coffee, and the Bustling Brew Bistro Cafe. These cafes offer a much calmer vibe than congested areas in Mumbai.
- Shopping Centers for Everyday Needs:
The region also has several nearby options for daily shopping, such as the High Street Mall.
- Banking and Financial Services:
Professionals living in Majiwada have access to several nearby banks and trustworthy financial services, which include the ICICI Bank Thane Majiwada branch, GroRight Financial Services LLP, and Motilal Oswal Financial Services Limited.
- Healthcare Facilities for Busy Professionals:
Healthcare is an important aspect of daily living, especially for professionals with a busy schedule who need to maintain their health to ensure proper productivity.
The region caters to the healthcare needs of such professionals with reliable and nearby hospitals such as Bethany Hospital, Jupiter Hospital, and Medisure Clinic.
Digital Connectivity and Smart Features
- High-Speed Internet Infrastructure:
With most business activities taking place online, today’s working professionals need high-speed internet connectivity to ensure consistent operations. Majiwada provides efficient infrastructure for high-speed internet, with a steady internet network spread across the region.
- Smart Home Features for Busy Lifestyles:
Today’s professionals have excessively busy work schedules, which results in minimal leisure time on working days. As such, smart home technologies can be extremely helpful in completing routine tasks in everyday life. These technologies comprise adjustable lighting, advanced security systems that enable consistent monitoring and face recognition, and temperature control.
- Tech-enabled Community Management:
Flats in Majiwada for professionals, such as those at Rustomjee Verdant Vistas, facilitate effective management of the home buyers’ community through applications that help ease interaction between community members. From participation in celebrations and events to enabling personalised concierge services, the integration of technology eases community management to a great extent.
Investment Perspective for Professional Buyers
- Rental Yield Potential in Majiwada:
Properties in the region offer a commendable rental yield of 3%. This indicates a good rental yield potential for standard and premium properties in Majiwada.
- Property Appreciation Trends:
There has been an impressive increase in property rates in Majiwada, with valuations increasing by 13.4% in the last 5 years and 6.1% in the last 3 years.
- Comparison with Other Professional Hubs:
Property rates in the Majiwada region are much lower compared to other posh regions of Mumbai, such as Juhu, Bandra West, and Worli.
This makes it a cost-effective yet lucrative option for investment. The average rate of properties is Rs. 19,750 per sq. ft., while Juhu, Bandra West, and Worli offer rates of Rs. 42600, Rs. 43800, and Rs. 40800 per sq. ft., respectively.
Community Aspects: Networking and Professional Growth
- Growing Community of Like-Minded Professionals:
The widespread commercial and residential development in Majiwada has led to the establishment of a community of professionals with similar career goals and aspirations.
- Networking Opportunities within Residential Complexes:
Residential projects like Rustomjee Verdant Vistas facilitate the creation of a close-knit community of home buyers. Moreover, the similarity in the financial and socio-economic background of such individuals opens up opportunities for networking between such individuals for their collective development.
- Professional Events and Knowledge-Sharing Platforms:
Living in Majiwada provides working professionals the chance to engage in different career-related events that are organised in the region from time to time.
For example, events like the “Ghe Bharari Exhibition” and networking sessions at “Backspace: Thane” provide professionals in Majiwada with opportunities to connect and grow.
Conclusion
Majiwada presents an advantageous residential option for working professionals. It offers efficient connectivity to key areas of the city and important business districts, all modern amenities and social infrastructure needed for professionals and opportunities for networking. Moreover, its high property appreciation rates indicate a sound investment potential.
If you’re a professional looking to explore residential apartments in Majiwada, Rustomjee Verdant Vistas is an option worth considering. To know more about the project, contact us today!
FAQs
- How does Majiwada support work-from-home professionals?
With high-speed internet connectivity, quiet residential areas, and nearby cafes with work-friendly environments, Majiwada is ideal for remote workers.
- Are there coworking spaces or business hubs in Majiwada?
Yes, Majiwada has several coworking spaces and business centres, such as Ecoworks, making it convenient for freelancers and remote workers to operate efficiently.
- What lifestyle amenities does Majiwada offer for professionals?
The area features premium residential complexes, shopping malls, fitness centres, and diverse dining options, ensuring a balanced work-life experience.
