Project Insights: Godrej Emerald Thane
Anjali Arora 15 February 2017Situated in Mumbai Suburbs, Thane west is a booming real estate hub. With the slow and steady rise in residential property prices over the past few months, the city has managed to woo homebuyers by providing the best livable environment. Home to the best educational institutions, shopping malls, restaurants, hospitals and entertainment centres, the city has plenty of tourist destinations. In addition, the area is well connected to the major parts of Mumbai through roadways and railways. Thane west is a coveted target market for a number of renowned real estate developers. Lately Godrej Properties has come up with its premium residential project “Godrej Emerald” in the plush green locality of Thane, Off Ghodbunder Road, Bhayandarpada. Here’s a detailed overview about the project: The project The project sprawls over an area of 6.5 acres of residential development. The project is in its pre-launch phase. The developer is targeting 1400 housing units to be constructed soon. The project offers 7 towers each storied 28 floors with 80% of open space. The project will be ready for possession by December 2020. The amenities of Godrej Emerald include: -Multispecialty Clinics -Meditation Centres -Pre-schools -Fully equipped spa -Cycling Track -GYM Measurements: Type Size 1.5 BHK 500 sqft 2 BHK 650 - 750 sqft 3 BHK 850 - 950 sqft The locality: Amongst the areas that have witnessed growth in Thane, Ghodbunder Road tops the list. Key infrastructural developments: A proposed metro corridor, extending from Wadala to Kasarvadavali on GB road, new corporate offices and commercial spaces such as retail outlets and malls. Bank /ATMs: SBI ATM, Axis Bank ATM, ICICI Bank ATM, SVC Bank, IDBI Bank ATM Shopping Malls: Big shopping center, MK Plaza, Real Realty, AB house, Abrol Shopping complex, Parasnath Galaxy Nearest Metro station: Kharbao Measurements: The units are available in configuration of 1.5 BHK, 2 BHK and 3 BHK ranging from 500 to 950 sqft. The developer: Godrej Properties is one of the leading real estate development companies in India and is based in Mumbai, Maharashtra. Overall recommendation: The project is good for both investors and end users as Thane West is one the most flourishing real estate markets in India.