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Commercial Properties for sale in Pokhran Road 1 Thane, Pokhran Road 1, Mumbai
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Overview of Pokhran Road 1
- Pokharan Road 1 is a well-developed locality situated in the south-western part of Thane.
- This locality comes under the jurisdiction of the Thane Municipal Corporation.
- Vartak Nagar, Pokhran 2, Devdaya Nagar, Lokmanya Nagar, Yashodhan Nagar, Samata Nagar, Hanuman Nagar, and Shivaji Nagar are some of its neighbouring localities.
- Pokhran Road is divided into two sections: Pokhran Road No. 1 and Pokhran Road No. 2.
- This locality mainly has residential properties in the mid-budget segment.
- Pokharan Road 1 is famous for its good connectivity, wide range of residential options, and increasing property value, making it an attractive destination for buyers and investors.
- The pin code of Pokharan Road 1 is 400606.
Pokhran Road 1 Residential Market Insights
- The average property price in Pokharan Road 1 ranges from ₹ 15,000 to ₹ 25,000 per sq. ft.
- The average price of a 1 BHK in Pokharan Road 1 is around ₹ 70 lakh to ₹ 1 crore.
- The average price of a 2 BHK in Pokharan Road 1 is around ₹ 90 lakh to ₹ 1.5 crore.
- The average price of a 3 BHK in Pokharan Road 1 is around ₹ 1 crore to ₹ 3 crore.
- The average price of a 4 BHK in Pokharan Road 1 is around ₹ 3 crore to ₹ 4.5 crore.
- The monthly rental price in Pokharan Road 1 ranges from ₹ 20,000 to ₹ 50,000 on average.
- Pokharan Road 1 mainly offers mid-segment residential properties.
- Along with that, premium apartments, villas, independent floor apartments, and land are also available in this locality.
- Both under-construction and ready-to-move flats can be found in Pokharan Road 1.
- A number of renowned builders and developers have a presence in Pokharan Road 1.
- Prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
Connectivity and Transport In Pokhran Road 1
- Thane Railway Station is the nearest and most convenient railway station for residents.
- New metro lines are being developed, which will drastically improve connectivity in the area.
- The CSM International Airport and the proposed NMIA (Navi Mumbai International Airport) are within 30 km of the locality.
- The CSM International Airport is easily accessible via the Eastern Express Highway
- Kalva railway station is also nearby.
- Pokharan Road 1 has a direct connection with the Eastern Express Highway and Ghodbunder Service Road.
- Significant areas such as Mumbai and Navi Mumbai, Bandra-Kurla Complex, Lower Parel, and Vashi are within reach due to excellent railway and roadway connectivity.
- Close proximity to Eastern Express Highway allows easy access to the eastern suburbs, South Mumbai, and major business hubs such as SEEPZ and Powai.
- Pokharan Road 1 has an excellent TMC bus network and auto rickshaws for convenient and affordable public transport.
Social Infrastructure In Pokhran Road 1
- Pokharan Road 1 is a good place to live in, being a prime residential hub with robust infrastructure, modern amenities, and abundant green spaces.
- Modern complexes in Pokhran Road 1 offer recreational amenities like gyms, swimming pools, gardens, and community halls.
- Some of the popular schools and educational institutions in this locality are Singhania School, Vasant Vihar High School, Little Flower High School, Anmol Vidya Mandir, and SVPM's Sanskar Public School.
- Some well-equipped hospitals in the locality are Bethany Hospital, Trupti Hospital, Kelkar Hospital, Prachi Hospital, Dr. Joglekar's Nursing Home, Anandibai Joshi Municipal Hospital, and Trupti Hospital.
- Viviana and Korum malls serve as one-stop destinations for shopping, dining, and entertainment.
- Amrapali Shopping Center, Kadamba Vasant Vihar, Emerald Plaza, Shiv Shilpa Shopping Centre, etc, are some other shopping centres for the residents' daily needs
Employment Opportunities In Pokhran Road 1
- Pokhran Road No.1 is in proximity to some significant employment areas such as Dombivali, Ambarnath, Waghbil, Mulund West, and Bhiwandi.
- Wagle Industrial Estate, a key business hub, is within reach of the locality.
- Commercial hotspots such as Mumbai and Navi-Mumbai, Bandra-Kurla Complex, Lower Parel, and Vashi are conveniently accessible from Pokharan Road 1 due to its smooth connectivity.
Lifestyle In Pokhran Road 1
- The township projects in Pokhran Road 1 are well equipped with all the modern amenities such as internal roads, waste management systems, and energy conservation features.
- Viviana Mall and Korum Mall are popular entertainment hubs in the vicinity.
- Amenities such as community buildings and green spaces allow a quality of life for residents.
Safety and Security In Pokhran Road 1
- Vartak Nagar Police Station is closest to Pokhran Road 1.
- Regular patrolling is practiced by the Thane Police to avoid any illegal activities and crime incidents.
- Pokhran Road 1 has well-monitored traffic signals to avoid congestion.
- CCTV surveillance is set up in key areas for added security.
- The Thane Fire Brigade ensures fire safety services to reduce accidents.
Development and Future Prospects In Pokhran Road 1
- The development of new metro lines, such as the Green Line 4A of Maha Metro (Kasarvadavali-Wadala), will boost the connectivity of Pokhran Road 1 with other parts of the city.
- Kasarvadavali metro station and Kapurbawdi metro station are the nearest proposed metro stations.
- A skywalk is planned at Teen Hath Naka near Pokharan Road 1, allowing easy access to the nearby areas.
- The upcoming road between Pokhran Road 1 and Pokhran Road 2 will ease connectivity between them and cut travel time.
- New roads will feature pathways, cycle tracks, and modern street lighting, enhancing infrastructure and encouraging healthier travel.
- The upcoming IT parks and business centers will create employment opportunities, enhancing the locality’s self-sufficiency.
- Due to a rise in the development of residential projects, the property price is expected to appreciate in the coming years.
Culture and Community in Pokhran Road 1
- The vibrant Upvan Lake hosts the Sanskruti Arts Festival every year. It is a popular center for cultural gatherings and festivals.
- One of Thane’s oldest temples, Kopineshwar Temple, is located in Pokhran Road 1.
- Some major theatres such as Gadkari Rangayatan and Dr. Kashinath Ghanekar Natyagruha are just 15-20 minutes away. People come here from all over the city to enjoy mindful plays and live shows, giving a boost to Maharashtra’s Natak culture.
- The Thane Kala Bhavan, a renowned art gallery, is also just 5 km from the locality.
- The locals here follow a traditional Maharashtrian culture. Cosmopolitan culture also has its presence.
- Major festivals like Ganesh Chaturthi and Navratri are celebrated with enthusiasm.
Environmental factors in Pokhran Road 1
- Pokhran Road 1 offers a perfect blend of modern life and nature.
- Modern complexes in Pokharan Road 1 have eco-friendly designs. It also has ample green spaces with a luxurious and peaceful environment.
- Scenic spots such as Upvan Lake, Yeoor Hills, and Sanjay Gandhi National Park provide peaceful surroundings and fresh air while being close to the conveniences of the city.
Flat Configuration in Pokhran Road 1
- Pokhran Road 1 offers a wide range of mid-budget 1 BHK, 2 BHK, 3 BHK, and 4 BHK apartments in both under construction and ready-to-move options.
- While apartments and multi-storey buildings remain dominant, there is also a presence of land plots, villas, and individual independent houses for buyers here.
- 2 BHK houses are in most demand in Pokhran Road 1.
Property Price Growth in Pokhran Road 1
- For the last few years, property prices in Pokhran Road 1 have been rising progressively due to rapid developments and high demand.
- There has been around 25% hike in property rates in the last 5 years in this locality.
- Whereas in the last 3 years, Pokhran Road 1 has seen around 16% growth in the property price rates.
- The YOY property price appreciation in Pokhran Road 1 is around 2%.
- Pokhran Road 1 has seen a rental yield of nearly 3% due to a good demand for rental properties.
- Pokhran Road 1 is expected to experience a vast growth in the real estate market, being a rapidly expanding locality.
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