Overview of Pokharan Road 1, Thane

Localization and Reputation

Pokharan Road 1 in Thane holds a reputation in the city. It is known for being a sought-after spot with swift development. This area attracts both people buying homes and those looking for investments.

Property Rates

• Currently, the average property rate for Pokharan Road, Thane, is ₹22,000 per square foot based on the latest data.
• Prices for flats change with their size:
  • 1 BHK: ₹65 lakhs to ₹1.02 crores.
  • 2 BHK: ₹1.3 crores to ₹1.69 crores.
  • 3 BHK: ₹1.45 crores to ₹3.65 crores.

Types of Properties

• A variety of properties here include:
  • Various size apartments (1 BHK, 2 BHK, 3 BHK).
  • Builder floors.

Growth in Property Prices

• The market has experienced notable growth:
  • A 17% rise in prices in the one year past.
  • A 27% increase over the last 3 years.
  • An impressive 52.90% rise in the past decade.

Noted Projects and Societies

• Top residential developments here include:
  • Shapoorji Northern Lights
  • Puraniks Grand Central
  • One Indiabulls Thane
  • Metro Majestic
  • Raunak Serene
  • Raunak Residency
  • Lodha Bella Vista
  • Wadhwa Courtyard
  • Narang Privado
  • Raymond Ten X Era.

Lifestyle and Amenities

• Enjoy a safe environment with various amenities here.
• There are gated communities, corner houses, and multiple orientations (for example, east-facing).
• Its contemporary appeal and energetic neighborhood stand out.

Rental Options

• Renters can find 1 BHK flats beginning at ₹25,000 per month for a 630 sq. ft. flat.

PropertyWala’s Summary

This area near Pokharan Road 1, Thane, stands out for buyers and renters because of its advantageous site, varied housing choices, and notable price rises. A good pick for those wanting both budget-friendly and upscale living, thanks to new builds and amenities. If real estate investing or living in Thane interests you, make sure to explore this area.