Mumbra, Thane Overview

Mumbra, in Thane district, part of the Mumbai Metropolitan Region (MMR), has piqued the interest of both homebuyers and investors due to its growing real estate scene.

Property Prices

• Entry-level property prices stand around ₹1,428 per square foot, with median prices around ₹4,670 per square foot.
• Property prices vary from ₹1,428 to ₹7,116 per square foot. This range indicates a varied market catering to diverse budgets.

Year-over-Year Growth

• Property values in Mumbra have surged significantly, experiencing a 9.62% rise in the past year. Therefore, it is a profitable choice for investors.

Available Property Types

• Buyers can find a range of properties such as apartments, standalone homes, and builder floors.
• Various residential projects and enclaves include Noori Bellavista, GE The Universe, Nice World, Empire Arena Square, and Silver Enclave.

Infrastructure and Connectivity

• Mumbra’s smart location and planned infrastructure are noteworthy. The Thane-Dombivli Link Road aims to reduce traffic congestion and enhance Thane-Dombivli connectivity.
• Metro Line 5 is planned to link Thane, Bhiwandi, and Kalyan, cutting down travel time and providing better rail-based access to commercial zones and landmarks.
• Thane railway station, a key junction, grants access to various areas in Mumbai and elsewhere.

Social Infrastructure and Amenities

• Mumbra hosts essential amenities such as the Genius International Islamic School and medical facilities like the Mumbra Maternity And Orthopaedics Hospital ICU & NICU.
• The locality has well-developed infrastructure.

Notable Areas Inside Mumbra

• Kausa: Notable for its premium properties, priced between ₹1,428 and ₹9,043 per square foot.
• Sonaji Nagar: Offers lower-priced properties, priced from ₹3,000 to ₹3,272 per square foot.
• Narayan Nagar: Here, prices range from ₹4,383 to ₹5,954 per square foot.
• Kalsekar: Properties here cost between ₹4,766 to ₹5,490 per square foot.

PropertyWala's Insight

To sum it up, Mumbra, Thane holds potential in the real estate domain. It boasts affordable prices, increasing property values, and is seeing continuous infrastructure upgrades. This development makes it a smart bet for investors and end users seeking properties here. Furthermore, enhanced connectivity and social amenities make it an appealing option for property buyers or renters.