Page Contents
- 5 Best Areas In Thane For NRI Investment
- 1. Majiwada – One of the Top Areas to Invest in Thane for NRIs
- 2. Balkum- A Perennial Corridor for NRI Real Estate Investment in Thane
- 3. Kolshet Road – Becoming One of the Best Residential Areas in Thane for NRIs
- 4. Manpada- Area Evolving into one of the Best Areas in Thane for NRI Investment
- 5. Pokhran Road – Area with increasing NRI Investment Opportunities in Thane
- FAQs
5 Best Areas In Thane For NRI Investment
Thane, located next to Mumbai, is a popular choice for NRI real estate investment. It offers more space and better value at a lower cost than Mumbai. The city continues to see steady demand from both homebuyers and investors.
It also meets key NRI expectations. Thane has good connectivity, improved infrastructure, and a stable property market. Rental demand is consistent, and resale opportunities remain strong. This makes it easier to earn returns and exit when needed.
The investment process is also well-regulated in Thane. Under FEMA guidelines, NRI property transactions are routed through authorised banks. Therefore, with this blog, we will find out about the best areas in Thane for NRI investment.
1. Majiwada – One of the Top Areas to Invest in Thane for NRIs
Overview
Located in Thane West, Majiwada is one of the top areas to invest in Thane for NRIs. From a cluster of villages, Majiwada has now developed into a highly sought-after residential area. The fact that it is also a major transit junction between Ghodbunder Road and Eastern Express Highway adds to the rising demand. Currently, the area has over 1700 properties, which shows strong market activity.
Infrastructure & Connectivity
| Connectivity | Thane Railway Station is 13 minutes away Via Saket Kalwa Road, connecting to the Central Line.
The Navi Mumbai International Airport is 52 minutes. TMT (Thane Municipal Transport) provides bus services throughout the area. Majiwada Gaon stop is the nearest bus stop.
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| Mumbai Metro Line 4 | The locality will have a metro station of its own. Majiwada Metro Station on Metro Line 4 will immensely reduce the travel time. |
| Highways | Eastern Express Highway, 10 minutes away, gives access to Mumbai.
Ghodbunder Road connects to the western suburbs of Mumbai. Mumbai – Nashik Highway provides easy travel to Kalyan, Bhiwandi, and Nashik. |
Property Price Trend of Majiwada
The properties of Majiwada have seen massive growth over the last few years. The property appreciation being 4.1% in the last 1 year and 27.2% in the last 5 years.
Let’s see the property each year for a clear understanding.
| Year | Residential Prices per sq. |
| 2021 | 16,750 |
| 2022 | 17,500 |
| 2023 | 18,450 |
| 2024 | 19, 350 |
| 2025 | 19, 950 |
Top Real Estate Projects in Majiwada
- Rustomjee Urbania: ₹ 1.49 Cr Onwards
- Ashar Merac: ₹ 97 L Onwards
- Sheth Vasant Lawns: ₹ 1.99 Cr Onwards
2. Balkum- A Perennial Corridor for NRI Real Estate Investment in Thane
Overview
Next on the list of best areas in Thane for NRI investment is Balkum. The property prices here have risen by 2.3 % in the last year, reflecting the evolving demand. This area is especially known for having larger land parcels, enabling township-style developments by reputed developers.
Infrastructure & Connectivity
| Connectivity | The Thane Railway Station is just 13 minutes away, via LBS Marg.
The Chhatrapati Shivaji International Airport is only an hour away. |
| Metro Line | The upcoming Balkum Naka Metro station of Metro Line 5 will enhance the commute. |
| Highways | This area is encircled by major arterial roads like Eastern Express Highway, Ghodbunder Road, and Mumbai – Agra Road. The major highways connect Balkum to the internal Thane and MMR. |
Property Price Trend of Balkum
The fact that the property prices of Balkum have grown by over 32 % in the last 5 years is a reflection of the is an increasing demand. Here is the yearly growth of residential prices.
| Year | Residential Prices per sq. |
| 2021 | 16,800 |
| 2022 | 17,450 |
| 2023 | 18,700 |
| 2024 | 19,200 |
| 2025 | 20,350 |
Top Real Estate Projects on Ghodbunder Road
- Piramal Vaikunth: ₹ 1.09 Cr Onwards
- Dosti West County: ₹ 1.2 Cr Onwards
- Runwal Zenith: ₹ 1.89 Cr Onward
- Vardhman Garden: ₹ 1.1 Cr Onwards
3. Kolshet Road – Becoming One of the Best Residential Areas in Thane for NRIs
Overview
Known for its Central location, Kolshet Road is next on the list of best areas in Thane for NRI investment. It is
quickly transforming from an industrial area to a residential one. This locality has 800+ properties to buy. Today, it functions as a self-sufficient neighbourhood, supported by everyday conveniences and large-scale ongoing developments. One of its key highlights is the presence of green and open spaces, especially around NaMo Grand Central Park, which enhances overall livability.
Infrastructure & Connectivity
| Connectivity | The Thane Railway Station is just 13 minutes away, via LBS Marg.
The Chhatrapati Shivaji International Airport is only an hour away. |
| Metro Line | The upcoming Mumbai Metro Line 5 (Thane-Bhiwandi-Kalyan) and Mumbai Metro Line 4 (Wadala-Ghatkopar-Thane-Kasarvadavali) will serve the metro connectivity of this area. |
| Highways | Kolshet Road links Eastern Express Highway and Ghodbunder Road to the Western suburbs.
It also acts as a bypass to Ghodbunder Road. The Upcoming Thane-Borivali Tunnel and Thane Internal Ring Metro |
Property Price Trend of Kolshet Road
Property prices on Kolshet Road have seen a strong 25.2% appreciation over the last 5 years, along with an average rental yield of around 3%.
The table below shows the year-on-year price trend.
| Year | Residential Prices per sq. |
| 2021 | 16,500 |
| 2022 | 16,900 |
| 2023 | 17,700 |
| 2024 | 19, 650 |
| 2025 | 20,400 |
Top Real Estate Projects on Kolshet Road
- Kalpataru Park City: ₹ 1.33 Cr Onwards
- Oberoi Forest Ville: ₹ 2.63 Cr Onwards
- Godrej Ascend: ₹ 99 L Onwards
- Lodha Amara: ₹ 84.99 L Onwards
4. Manpada- Area Evolving into one of the Best Areas in Thane for NRI Investment
Overview
Manpada is a well-developed locality with over 700 properties available for purchase. It offers all the conveniences at an easy distance and a calm residential environment. The area benefits from its proximity to Ghodbunder Road, providing easy connectivity between the Eastern Express Highway and the western suburbs.
Infrastructure & Connectivity
| Connectivity | Central Line railway connectivity through Thane Station, only 20 minutes away. |
| Metro Line | The upcoming Mumbai Metro Line 4 will enhance the commute. Manpada Metro Station will serve the metro connectivity. |
| Highways | Manpada is located directly on Ghodbunder Road, a prominent hub of Thane.
Proximity to the Eastern Express Highway offers connectivity to South & Central Mumbai. |
Property Price Trend of Manpada
Manpada has recorded a 26.1% rise in property prices over the last 5 years, showing consistent growth in value. The detailed yearly trend is shown in the table below,
| Year | Residential Prices per sq. |
| 2021 | 17,850 |
| 2022 | 18,050 |
| 2023 | 19, 800 |
| 2024 | 20, 950 |
| 2025 | 22,000 |
Top Real Estate Projects in Manpada
- Paranjape Opulus: ₹ 1.22 Cr Onwards
- Lodha Bella Vista: ₹ 1.69 Cr Onwards
5. Pokhran Road – Area with increasing NRI Investment Opportunities in Thane
Overview
Pokhran Road is one of Thane’s most established residential locations. It has over 350 properties available for purchase. The area is known for planned development and a strong residential community.
Pokhran Road 2 is largely an internal residential stretch. It sees lower vehicle movement, which keeps traffic low and the surroundings quiet. This improves everyday livability.
Infrastructure & Connectivity
| Connectivity | Thane railway station is 13 minutes away via ESIC Hospital Road. |
| Metro Line | The Upcoming Metro Line 4 will enhance commuting facilities. |
| Highways | Direct access to Eastern Express Highway, running parallel to Ghodbunder Road, offers easy connectivity within Thane and MMR. |
Property Price Trend of Pokhran Road
In the last 5 years, the property prices on Pokharan Road have increased 26.3%. The table below shows year-by-year property price growth in this area.
| Year | Residential Prices per sq. |
| 2021 | 17,000 |
| 2022 | 18,650 |
| 2023 | 20, 000 |
| 2024 | 20, 250 |
| 2025 | 20, 400 |
Top Real Estate Projects on Pokhran Road
- Raymond TenX Habitat: ₹ 1.15 Cr Onwards
- Shapoorji Northern Lights: ₹ 1.8 Cr Onwards
- Neelkanth Lake View: ₹ 3 Cr Onwards
FAQs
Which is the best residential area in Thane?
The best places to live in Thane include areas like Hiranandani Estate, Pokhran Road, and Ghodbunder Road, Majiwada and Kolshet Road, known for its open greenery.
Where to invest in Thane?
In 2026, the highest-growth areas in Thane for investment are Ghodbunder Road, Kolshet Road, Majiwada, Balkum, and Kalwa.
Is it worth buying property in Thane?
With high potential ROI, better quality of life and such evolving infrastructure, Thane is considered a good investment choice.
Which builder is best in Thane?
Top builders in Thane include Lodha Group, Hiranandani, Rustomjee, and Kalpataru Limited.
Which area is best to live in Thane?
Hiranandani Estate, Kolshet Road, Pokhran Road, and Ghodbunder Road are some of the best areas to live in Thane.
