Overview of Teen Hath Naka, Thane

Location and Connectivity

Teen Hath Naka stands out as a major landmark in Thane, Maharashtra, celebrated for its prime location and top-notch connectivity. This spot serves as the main transport hub linking Thane to other parts of Mumbai and further afield via well-developed road networks and railway services.

Property Types and Pricing

• Apartments: In this area, you’ll find a variety of apartments, including 1 BHK, 2 BHK, and more spacious options. Apartment prices sway from about ₹1.14 Cr to ₹1.95 Cr, with average rates per square foot falling between ₹20,000 to ₹26,000.
• Independent Houses: Single, standalone houses are also on offer, with an average rate of around ₹2,873 per square foot.
• Plots and Land: There are chances to buy land that can be used for building or investing.

Property Rates and Appreciation

• Flats in Teen Hath Naka center around ₹23,100 per square foot. Last year, prices rose 6.7% but dropped 2.3% over the last three years. Over ten years, prices appreciated by 17.0%.
• High property rates here are due to its central position and great connectivity. Yet, there are still affordable project choices.

Amenities and Infrastructure

• Modern Amenities: Teen Hath Naka is home to a host of modern amenities including malls, schools, hospitals, recreation sites, and parks, enriching residents' life.
• Green Spaces: This area preserves green spaces and open areas despite urbanization, ensuring a healthy and eco-friendly setting.
• Infrastructure Development: Thane is developing quickly with road expansions, flyover projects, and upcoming metro services benefiting properties in Teen Hath Naka.

Rental Market

• Rented options in this place cover the spectrum from furnished to semi-furnished flats, with rent costs between ₹25,000 to ₹2.5 Lac monthly. Average rent per square foot shifts between ₹45 to ₹60 based on the society’s amenities.

Investment Potential

• Teen Hath Naka properties offer great investment due to their prime location, excellent connectivity, and potential for long-term value. With Thane’s development into a major city, this area is set to stay in high demand.

PropertyWala's Conclusion

Teen Hath Naka in Thane offers an appealing choice for both buyers and renters. Its prime location, excellent connectivity, and diverse range of modern amenities make it a strong pick. Coupled with its strong property price appreciation and bustling urban lifestyle, it’s a lucrative real estate investment option. Whether searching for an upscale apartment, a standalone house, or land to invest in, Teen Hath Naka delivers numerous property options that meet different budgets and tastes.