Wagle Industrial Estate, Thane
- Property Types
- Office Spaces, Warehouses / Godowns
- Nearby Localities
- Waghle Estate, Panchpakhadi, Lokmanya Nagar, Shree Nagar, Samta Nagar, Khopat, Teen Haath Naka, Charai, Pokharan Road 1, Naupada
About
Overview of Wagle Industrial Estate, Thane
Wagle Industrial Estate in Thane West, Maharashtra, stands out as a prime spot for both residential and commercial real estate investments. When thinking of buying or renting in this area, you also should keep these points in mind:
Property Prices
The prices of properties here fluctuate a lot based on type and location. For places to live, expect starting prices around Rs. 12,820 per square foot, averaging Rs. 18,391 per square foot. The most expensive can top Rs. 21,493 per square foot.
Types of Properties
The area features a variety of properties, including residential apartments, commercial offices, and factory spaces. For homes, people can choose 2 BHK or 3 BHK flats. Many are in gated communities, giving privacy and safety. These modern apartments usually have good designs and follow Vastu.
Commercial Properties
Business properties are plenty, from small office spaces to larger industrial plots. Office spaces can be anywhere from 300 to 1,500 square feet or more. Often, these are fully furnished and include useful features like parking, conference rooms, and pantries.
Amenities and Connectivity
Wagle Industrial Estate is well-connected, linking to Mulund, Thane, and Mumbai. It’s loaded with amenities such as parks and green zones for leisure. There are also several residential projects in gated communities that promote a secure and community feel.
Investment Potential
Investing here is good due to fair property prices, many amenities, and easy access. The real estate market is growing at a Year-over-Year (YoY) rate of around 7.73%, suggesting great chances for buyers and sellers.
Rental Options
If you prefer renting rather than buying, you have many choices in Wagle Industrial Estate. These include both furnished and semi-furnished homes and offices. For commercial offices, some charge around Rs. 60 per square foot. There are also housing options at affordable rates.
PropertyWala's Conclusion
To sum it up, Wagle Industrial Estate in Thane is appealing and active, meeting many real estate needs. Thanks to its affordable prices, varied options, great features, and strong connectivity, it is perfect for both investors and those looking for homes. No matter if you want a fancy place to live or a well-equipped office, Wagle Industrial Estate delivers comfort, convenience, and investment chances, making it a top pick in Thane's property market.
Reviews
Wagle Industrial Estate is mainly industrial area, fall in MIDC - Maharashtra Industrial Development Corporation (MIDC) from 1962.
Wagle Estate is another name of Wagle Industrial Estate, In district Thane, Maharashtra state and it belongs to Konkan Region or Konkan Division. Road Number 22, Wagle Industrial Estate, Thane West, Thane Pin code is 400604 and postal head office is Wagle I.E.
Mulund Rail Way Station , Thane Rail Way Station are the very nearby railway station to Wagle I. E. Also upcoming Metro Train work is in process nearby Wagle Estate.
Government offices like Passport Seva Kendra Office, MTNL, Thane Muncipal Transport (TMT) and Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL), Circle Office are landmarks in Wagle Industrial Estate.
Road No.22 is the most attractive location in wagle estate for Commercial Office space, IT & ITES Space, Industries.
Just4 Years ago Lodha Group Completed Commercial and Residential project at Road no.22, Lodha Grandezza & Lodha Supremus. Recently other commercial development majorly built high rise commercial towers like Centrum Commercial Complex, Opal Plaza, Ashar Belleza, Ashar Millenia, Dosti Pinnacle and other complex.
Perfect location for Commercial offices for Information Technology and IT Enabled Services.
Roads are wider and planned with futuristic in Wagle I.E and entire Thane City.
Wagle Estate appreciated its value rapidly from last 5 years.
Marathi is the local language here in Wagle I.E Residents. Rest 80% are industrial zone under leasehold land by MIDC.Pros
- Excellent Place for Commercial Office Space, Rapidly developing
- Easy Connectivity from LBS Road, Thane Station & Mulund Station.
- MIDC benefits for commercial space owners
Cons
- Leasehold land by MIDC so additional Subletting & LOI Charges are there.
- Still Some Old Polluted factories are active.
It is going to be a major IT hub in Thane soon. who have already placed themselves there. which will make the area boom more in IT.
Pros
- Cheaper property rates
- Lot of development
- Big builder houses
- Not an upscale area but good for business
Cons
- Not suitable for residence
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Office Spaces for sale in Wagle Industrial Estate, Thane
Warehouses / Godowns for sale in Wagle Industrial Estate, Thane
- Locality ID
- A469491112
- PinCode
- 400606