Located in Thane, Majiwada is a blend of the busy and hustle of modern city life and the tranquillity of a comfortable environment. It has gradually become a favourite destination for homeowners planning to buy homes in Majiwada.
Leading developers are constructing Majiwada premium residential projects to satisfy the growing demand of homebuyers. A prime example is Rustomjee, which has transformed Majiwada into a hub of neo-housing opportunities through innovative designs and premium quality, earning multiple accolades over the years.
In this blog post, we shall discover why Majiwada is ideal for both living and investment.
Property Options for Every Budget
Majiwada is reputed for its affordable and diverse form of apartments for residential purposes. From the perspective of the potential buyers, Majiwada offers a lot, from small houses to large apartments. First-time buyers, expanding families, and savvy investors are recognizing the growing demand in the area, making it a preferred choice for sound real estate investments.
One such example of Majiwada premium residential projects is the Rustomjee Urbania township. This development offers 2 BHK and 3 BHK apartments with intelligent planning and a superior lifestyle. Spacious and well-equipped with all the facilities for a comfy luxurious home, these homes have redefined the quality of living in the urban lifestyle and conceptualized good value for money.
Here are more details about what Rustomjee Urbania offers:
| Type | Carpet Area | Price (₹) | Tower |
| 2 BHK + Deck | 579 sq. ft. | 1.25 Cr onwards | La Vie B |
| 2 BHK + Deck | 601 sq. ft. | 1.28 Cr onwards | La Vie B |
| 2 BHK | 642 sq. ft. | 1.49 Cr onwards | La Vie A |
| 2 BHK + Deck | 663 sq. ft. | 1.53 Cr onwards | La Vie A |
| 3 BHK + Deck | 882 sq. ft. | 2.05 Cr onwards | La Vie C |
| 3 BHK + Deck | 932 sq. ft. | 2.15 Cr onwards | La Vie C |
| 3 BHK + Deck | 1121 sq. ft. | 2.95 Cr onwards | La Familia |
Investment Potential in Rustomjee Majiwada
There is value for money in properties in Majiwada, primarily where a developer such as Rustomjee has invested. They are marketed with good construction quality, best-in-class amenities, and a promise of good resale value. From the case presented, investors can also anticipate a stable price increase resulting from increased demand for units in Rustomjee Majiwada and the development of structures.
Location Advantages
Majiwada is not a place only for living but also one of the most connected and located places in Thane. Easy accessibility to Mumbai and other cities through the Eastern Express Highway is an added advantage that makes this property attractive to home buyers and investors.
Strategic Positioning
Majiwada has become a boon for the necessary connecting facility with a natural and serene ambience. It’s therefore suitable for people who some say they need the convenience of being close to both commercial and residential areas.
Connectivity Benefits
Majiwada boasts unmatched connectivity, making it easy for residents to commute for work, education, or leisure:
- Eastern Express Highway: It has access facilities that directly lead to Mumbai.
- Thane Railway Station: Thus located just 10 minutes car drive away, it will ensure smooth rail transport.
- Proximity to Malls and Schools: Many famous malls and schools are present in this prime location.
- Hospitals: Actually, the best hospitals are just a few minutes away from this prime location.
Transportation Options
The locality is supported by a robust public transport system, including:
- Well-connected bus routes.
- Other metro stations are under construction to enhance connectivity.
- Future work is in progress to enhance the connectivity, such as other metro stations in the preparation stage.
- Symantec cab services are easily within reach since they employ application-based services.
This connectivity makes it easy for those in Rustomjee Thane to identify the place strategically, providing both convenience and accessibility.
Infrastructure Development
Majiwada’s infrastructure has expanded to meet the increasingly modern city standards in Thane. Significant accomplishments have been made in road traffic & transportation, specifically in developing and upgrading road networks, metro lines, and utility services.
Road Network Improvements
Both the Eastern Express Highway and Ghodbunder Road make commuting almost a breeze. Other road expansion projects on the drawing board are expected to contribute positively to reducing traffic congestion and time taken on the road.
Metro Connectivity
The under-construction Metro Line 4 will connect Majiwada to Wadala and will also help IN people to reach Mumbai swiftly. These consist of extending the existing network of meters with a view of connecting Thane to other parts of the city to enhance mobility.
Smart City Initiatives
Thane’s inclusion in the Smart Cities Mission has brought several projects aimed at sustainable development:
- The provision of efficient streetlights through the installation of appropriate technologies.
- Establishment of Parklands and recreational facilities.
- High Tech systems for adequate water and waste management.
Utility Services
Residents of Majiwada benefit from well-maintained utility services such as:
- Sufficient and consistent water supply facilities.
- Indeed, waste management is an efficient program.
- Adequate power backup with arrangements for calamities or para-accurate emergencies.
This development also raises the standards in people’s lives and boosts the property prices in Majiwada. In the next step, we will describe the outlook for further development in this prospective area.
Read More: The Role of Architecture and Landscaping in Modern Luxury Homes
Quality of Life Factors
It is not just about having a house but a house in Majiwada. It’s all about having a quality lifestyle.
Lifestyle Highlights:
- Green Spaces: Parks and other openings are life experiences from the busy life in the city.
- Clean Air: Fresh air conditioning in central Mumbai makes families healthier.
- Community Living: The people in residential complexes tend to be similar in character as they share their apartments with like-minded neighbours.
Every aspect of neighbourhood planning provides residents with a comfortable life free from various hardships.
Investment Perspective
The district provides a good chance for investors to make impressive profits. The stability of its price and increasing rental demand make it one of the best places to invest in real estate.
Why Invest in Majiwada?
The average transaction rate worked out in Majiwada for a flat is Rs 18,468 per square foot. The cost for a builder’s floor is Rs 15,255 per square foot. For an independent house, property buyers pay, on average, Rs 17,871 per square foot.
Interestingly, Rustomjee La Vie has held around 42% of the property market share in Majiwada in the last 1 year. Unlike other districts, Majiwada’s growth trend is more promising, thus making it one of the safest investment prospects.
Read More: NRI Demat Account: How to Open and Use It for Investments in India
Safety and Security
As homebuyers, Majiwada has safety in mind; the locality also creates a safe living circumstance with new safety styles.
Safety Features:
- Gated Communities: Restricted with security guards on duty at all times of the day.
- Surveillance Systems: CCTV cameras are fitted in residential and business areas.
- Emergency Services: Proximity to the hospitals, police, and fire stations.
The crime index is relatively low, and the safety facilities are well developed, which makes residents, particularly parents with children, safe.
Future Development Plans
Majiwada is positioned to grow as several development projects are being developed shortly. These initiatives will also attract more Majiwada home buyers and tenants.
Key Projects in Progress:
- Metro Expansion: The new metro line will enhance connectivity, which is expected to be provided shortly.
- Commercial Developments: The emergence of new businesses will lead to the generation of new places.
- Public Spaces: New Parks and recreational zones are also being developed to enhance the quality of community living.
With such advancements, Majiwada is poised to become one of the most sought-after residential and commercial localities in Thane. So, if you are ready to find your dream home in Majiwada, explore premium properties at Rustomjee Verdant Vistas today and experience the perfect blend of comfort and convenience.
FAQs
- What are the current property prices in Majiwada?
A 1 BHK apartment in Majiwada is available at prices ranging from ₹55,00,000 to ₹85,00,000, depending on the area, location, and facilities, tailored to the buyer’s budget preferences.
- Are there developments in schools around Majiwada?
Some nearby schooling facilities include Singhania School and Orchids International School, which provide quality education in their neighbourhood.
- What is the rental yield for Majiwada?
Majiwada, on average, produces a rental yield of 3% and, therefore, is considered a viable investment destination for real estate investors.
