Majiwada, located in the bustling city of Thane in Maharashtra, India, is a rapidly developing area that is attracting a lot of attention from both homebuyers and investors. With its proximity to major business hubs like Thane, Powai, and Bhiwandi, as well as excellent connectivity to Mumbai and other parts of the city, it has become a sought-after destination for those looking to invest in real estate. Understanding the current Majiwada property rates and the factors that influence them is crucial for making an informed decision when buying or selling property in this area.
Majiwada Property Rates
Avg. Rate / sq.ft.
INR 16,750 – 21,750
Rental Yield
Approx. 4 – 7%
Growth in Last One Year
7.1%
The property rates in Thane Majiwada can vary depending on the type of property and its location within the area. The average price per square foot for residential properties in Majiwada ranges from Rs. 16,750 to Rs. 21,750 (Source: 99Acres). This price range can fluctuate based on factors such as the amenities offered, proximity to transportation hubs, overall demand in the market and also maturity of the product.
Majiwada Location Overview
One of the key features of Majiwada is its strategic location. It is situated at the junction of Eastern Express Highway and Ghodbunder Road, making it well-connected to major areas in Thane as well as neighbouring cities like Mumbai and Navi Mumbai. Majiwada will also enjoy excellent metro connectivity through the upcoming Metro Line 4 (Wadala-Kasarvadavali corridor), which will provide residents with a fast and convenient mode of transportation to key areas in Mumbai and suburbs. This improved connectivity is expected to ease traffic congestion and enhance the overall commuting experience for residents in Majiwada. This connectivity has made Majiwada a preferred location for those who commute regularly for work or leisure.
The neighbourhood is home to numerous shopping centres, restaurants, and entertainment options, making it a hub for leisure activities and social gatherings. Residents can enjoy shopping at the nearby shopping malls like Viviana Mall, Korum Mall and dining at popular eateries, or catching a movie at the local cinema. Majiwada is also home to several schools, like Finland International School, Singhania School; hospitals, and recreational facilities, making it a popular choice for families
and young professionals.
The real estate market in Majiwada has been steadily growing over the years, with new residential and commercial projects being developed to meet the demand for housing and office spaces in the area. With its strategic location and upcoming infrastructure projects, Majiwada has become a sought-after destination for property buyers looking for a blend of convenience and modern amenities.
Best Properties in Majiwada
Nestled in the bustling locality of Majiwada in Thane, Ashar Pulse stands tall as a premium real estate property offering urban living at its finest. With its modern architecture and state-of-the-art amenities, Ashar Pulse is a haven for those seeking a sophisticated and refined lifestyle. The property boasts spacious and elegantly designed apartments that provide stunning views of the surrounding landscape. The amenity zones in Ashar Pulse are spread across 40,000 sq. ft., offering luxurious amenities such as an infinity swimming pool, fitness center, landscaped gardens, boxing zone among many others recreation activities. The flat configurations include spacious 1 BHK and 2 BHK apartments designed with modern architecture and high-quality finishes, providing residents with a comfortable and elegant living experience. With its convenient location, modern amenities, and stunning views, Ashar Pulse is the ideal choice for those looking to invest in a premium living experience in Thane.
Frequently Asked Question
What is the average property rate in Majiwada, Thane?
The average property rate in Majiwada, Thane is between INR 16,750 to Rs. 21,750 (Source: 99Acres).
What is the average rental yield in Majiwada, Thane?
The average rental yield in Majiwada, Thane is between 4-7% (Source: 99Acres).
How have property rates in Majiwada Thane changed over the years?
Property prices in Majiwada, Thane have increased by 7.1% in the past year, 19.7% in the past 3 years, and 17.1% in the past 5 years (Source: 99Acres).
How much does a 1 BHK in Majiwada, Thane cost?
A 1 BHK flat in a project like Ashar Pulse with premium amenities starts at 93 lacs.