Location and Connectivity

Upper Thane, nestled in Bhiwandi, Thane, booms with prime connectivity to major highways and transport systems. The project is a short ride, just 15 minutes away from the famous Viviana mall in Thane, providing hassle-free access to numerous amenities and facilities around.

Project Overview

Developed by the Lodha Group, Upper Thane stretches out over 150 acres and is a high-scale residential venture. It contains 24 buildings with 2252 units, including options like studio, 1 BHK, 2 BHK, and 3 BHK apartments. Launched back in January 2018, the development began possession in September 2022.

Amenities and Facilities

Looking for something self-contained? Upper Thane ticks that box with a variety of amenities:

• Grand clubhouse
• School
• Sports courts
• Retail outlets and restaurants
• Swimming pool
• Gym facilities
• Well-landscaped gardens
• 80% open spaces for excellent air quality
• Scenic views of gardens, tree-lined streets, and the Ulhas river.

Management and Governance

The Upper Thane Management Association (UTMA) handles the community management, bringing world-class governance and maintenance standards similar to the Palava setup.

Real Estate Investment Potential

Investing in Upper Thane could be lucrative for several reasons:

• Location: Situated in a rapidly expanding area.
• Demand: High demand for Thane properties due to robust infrastructure and connectivity.
• Developer’s Reputation: From the reputable Lodha Group.
• Property Appreciation: Anticipated increase in property values due to infrastructure expansion and highway linkages.

Pricing

What’s the cost? Here’s how it breaks down:

• Buying: Prices span from around ₹45 lakhs to ₹3.9 crores, varying with the unit's configuration and dimensions.
• Renting: Monthly rental prices start at ₹15,000, going up to ₹27,000 for diverse unit configurations.

Lifestyle and Reviews

Residents love:

• Fresh air and plentiful greenery
• Natural environment blending so well with urban living
• A tranquil setting compared to the bustling Mumbai areas
• Good connections, despite some traffic and transportation issues on Bhiwandi road.

PropertyWala's Conclusion

Upper Thane in Thane promises a unique combination of modern amenities, a serene lifestyle, and top-notch connectivity, making it an appealing choice for buyers and renters alike. With the project's self-contained neighborhood and UTMA ensuring splendid living standards and upkeep, its potential for appreciation and the Lodha Group’s reputation make it a smart move for real estate investment or for those wanting a luxurious and comfortable lifestyle.