Overview of Pokhran-2, Thane

Location and Connectivity

Pokhran-2 in Thane West is top-notch for its connection. Right next to the Eastern Expressway and Ghodbunder Road, this place is super connected to Mumbai and other significant cities. The Chhatrapati Shivaji Maharaj International Airport? Just a 24 km drive away via the Eastern Express Highway.

Property Prices and Trends

• The average price per square foot in Pokhran-2 ranges ₹15,100 to ₹23,500.
• Here’s a breakdown:
  • Entry level: ₹11,259 per sqft
  • General markets: ₹15,862 to ₹23,500 per sqft
  • Luxury ends: ₹19,000 to ₹27,000 per sqft
• Prices have seen good growth: 28.12% in the last year and 49.2% over the past decade.

Property Configurations

Pokhran-2 offers multiple residential options:

• 1 BHK: ₹95 Lakhs to ₹1.30 Crores
• 2 BHK: ₹1.20 Crores to ₹2.50 Crores
• 3 BHK: ₹2 Crores to ₹4 Crores
• 4 BHK: ₹3 Crores to ₹6 Crores
• 5 BHK: ₹5.20 Crores to ₹6.10 Crores.

Infrastructure and Amenities

This locality boasts its strong infrastructure and high-end apartments from builders like Raymond Realty, Neelkanth Realty, Narang Group, Tata Realty, and Ashar. Proximity to key commercial, industrial, and retail centers includes the Wagle Industrial Estate, ThaneOne Corporate Business Park, TCS Yantra Park, Odyssey IT Park, Ashar IT Park, and Orion Business Park.

Market Growth

Steady growth makes this an excellent spot for selling or buying properties. Property rates see year-on-year growth of about 28.12%, pointing to a robust real estate market.

PropertyWala's Conclusion

Pokhran-2, Thane, is a top pick with mid-range and luxury residences. With its excellent connectivity, strong infrastructure, and close proximity to key commercial and industrial centers, it stands out for both investors and end-users. Noteworthy price gains and consistent market growth make it a good option for buying or renting here. Always keep an eye on market trends and prices to make smart choices.