Investors and homebuyers gravitate to Kailash Nagar’s commercial and residential properties in Thane. If Kailash Nagar has caught your attention and you fall into any of these categories, it would be helpful to understand the ready reckoner rate in the area. With Propertywala, you can find the most recent rates in Kailash Nagar, Thane.
Kailash Nagar, adjacent to Thane’s main thoroughfare, Ghodbunder Road, presents numerous opportunities for real estate investors. However, from the perspective of a first-time home buyer, the neighborhood offers all the social and medical resources needed to establish a home and raise a family. It is crucial to ascertain the ready reckoner rate before beginning your search for properties in this area, regardless of your motivation. Here are the specifics of Kailash Nagar, Thane’s ready reckoner rate.
The significance of the ready reckoner rate in Thane’s Kailash Nagar
The State government determines the property’s fair value, known as the ready reckoner rate. The builders may never charge less than the ready reckoner rate; it is the maximum amount they will ever take.
As a result, investors and homebuyers will have to pay more when the state government adjusts these rates. The state government receives income from the ready reckoner rate, which controls stamp duty and property registration fees. Setting a budget for the impending home-buying project also starts with knowing these fundamental house rates.
Determinants of Kailash Nagar’s ready reckoner rate
- Geographical proximity to important locations, including commercial districts, medical facilities, and schools, may affect Kailash Nagar’s ready reckoner rate.
- Infrastructure: Access to essential services like electricity, water, and decent roads can affect the area’s real estate prices.
- Demand and Supply: A vital factor in determining the ready reckoner rate is the demand for residential real estate and the availability of land for development.
Introduction to Kailash Nagar, Thane, and the ready reckoner rate
Kailash Nagar Thane is a thriving residential area in the heart of Thane, Maharashtra. Due to its advantageous location and first-rate connectivity, Kailash Nagar is now a popular choice for investors and homeowners.
Place and communication
With the Tahne railway station only five kilometers away, Kailash Nagar provides quick access to major transportation hubs. Ghodbuner Road offers access to the area from Mumbai, and it is close to numerous significant locations, including shopping malls, hospitals, and schools.
Facilities and Amenities
Residents of Kailash Nagar Thane have access to a wide range of facilities and amenities. Everybody needs local amenities like retail malls, medical facilities, and well-kept parks and playgrounds. It is the perfect location for families with children because it is home to reputable colleges and schools.
Potentials
The real estate market in Kailash Nagar Thane will continue to experience further growth with the development of upcoming infrastructure projects like the metro line and the proposed Motagaon-Mankoli Bridge. It is a fantastic chance for investors who want to take advantage of the potential in the area.
Residential ready reckoner pricing in Thane’s Kailash Nagar
Affordable housing and convenient amenities are two of Kailash Nagar’s best-known features. A ready reckoner rate for residential properties in Kailash Nagar is crucial when buying or selling real estate. The following are the ready reckoner rates for residential properties in Kailash Nagar, Thane, which is close to Ghodbunder Road:
| Kailash Nagar, Thane: Ready reckoner rates for residential properties | ||
| Division | Rates per square meter for an open land | Apartments for residents (per square meter) |
| The Ghodbunder Road on both sides | 25,400 | 94,600 |