Thane is home to a large and diverse population, and is a major commercial and industrial hub. As a result, the demand for commercial property in Thane is high, and prices are on the rise.
For savvy investors, buying commercial property in Thane can be a game-changer. Here are just a few of the reasons why:
High demand: As mentioned above, the demand for commercial property in Thane is very high. This is due to the city's growing population and economy. As a result, commercial properties in Thane are in high demand, and prices are likely to continue to rise.
Excellent rental yields: Commercial properties in Thane typically offer excellent rental yields. This means that investors can earn a significant income from their investment. In fact, the average rental yield for commercial properties in Thane is around 6-8%.
Potential for capital appreciation: In addition to the high rental yields, commercial properties in Thane also have the potential for capital appreciation. This means that the value of the property is likely to increase over time. As a result, investors can make a profit on their investment when they sell the property.
Low entry barriers: The entry barriers for investing in commercial property in Thane are relatively low. This means that even small investors can get involved. This is in contrast to other major cities in India, where the entry barriers for investing in commercial property are much higher.
Of course, there are also some risks associated with investing in commercial property. However, the potential rewards outweigh the risks. For savvy investors, buying commercial property in Thane can be a very wise investment. Here's a glimpse of Ekatva's portfolio of superlative commercial projects that have re-defined Thane’s skyline.
Here are some additional stats to support the case for investing in commercial property in Thane:
· The commercial real estate market in Thane is expected to grow at a CAGR of 10% over the next five years.
· The city's population is expected to reach 10 million by 2030.
· Thane is home to a number of major industries, including IT, manufacturing, and logistics.
· The average occupancy rate for commercial property in Thane is around 90%.
If you are looking for a profitable investment opportunity, then buying commercial property in Thane should be on your radar. The city has a strong economic base, a growing population, and a high demand for commercial space. As a result, commercial properties in Thane are likely to appreciate in value over time, and they can also provide a steady stream of income through rental payments.
