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Explained: The Growing Popularity of Rabodi in Thane's Real Estate Market

Blox Blogs
Jul 6, 2023
5 mins read
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Blox Blogs
Jul 6, 2023
5 mins read

The locality of Rabodi is located in Thane West, just along Saket-Kalwa Road. The locality is near Thane Creek. Therefore, the area is mainly low-lying land. Rabodi is conveniently situated just 3 km away from the Eastern Express Highway, which makes it easily accessible via Ghodbunder Road or Mumbra Bypass Road. It's also just 3 km away from Thane Railway Station on the trans-harbour suburban line via Chendani Bunder Road. 

Introduction to Rabodi

Rabodi, a thriving locality in Thane's real estate market, has recently attracted much attention from property buyers and investors. The MMR locality is strategically located near major commercial centres and excellent transportation links, providing the ideal blend of convenience and connectivity. Rabodi is a well-established neighbourhood with essential amenities such as schools, hospitals, shopping centres, and recreational facilities nearby. It offers an appealing proposition for those seeking a balanced and comfortable lifestyle in Thane.

Rabodi's real estate market has seen an increase in commercial developments, adding to its allure for investors and appealing residential options. The Thane sub-locality has transformed into a thriving economic hub. The locality is creating numerous job opportunities and fueling demand for commercial spaces as many businesses set up shops there. Rabodi's real estate market's promising trajectory, strategic location, and abundant facilities make it an appealing destination for residents and investors looking to be a part of Thane's flourishing urban landscape.

What makes Rabodi Popular?

Rabodi's rising popularity in Thane's real estate market can be attributed to several key factors that have combined to make it a popular choice for homebuyers and investors. The residential neighbourhood has emerged as a top choice for those looking to invest in the region's real estate, thanks to its strategic location and excellent connectivity, as well as its robust infrastructure and burgeoning commercial opportunities.

Rabodi's strategic location within Thane is one of the primary reasons for its popularity. Rabodi is conveniently located near major commercial centres and key transportation hubs, making it an ideal choice for those commuting to Mumbai for work. The well-developed road networks and public transport options provide seamless connectivity to neighbouring areas, increasing its appeal.

The Thane location has also seen significant infrastructure development over the years. The proximity of reputable schools, colleges, and hospitals has made it a popular residential choice for families. The solid infrastructure also includes dependable water and electricity supply, which adds to the overall allure of the area. Furthermore, Rabodi's real estate market provides diverse housing options. The area caters to people with various budgets and preferences, offering everything from affordable apartments to luxurious penthouses and spacious villas. This variety of housing options has attracted diverse homebuyers, contributing to the area's growing demand for properties.

Another important factor influencing Rabodi's popularity is the growing number of commercial developments in the area. Rabodi has emerged as a viable option for setting up offices and commercial establishments as businesses continue to expand and seek cost-effective alternatives to Mumbai's premium office spaces. Furthermore, the presence of reputable developers and projects such as Blox has increased Rabodi's appeal in the real estate market. Developers like Blox have instilled confidence in buyers and investors by delivering quality projects on time, encouraging them to invest in the area's real estate.

Rabodi Real Estate Price Trend

The entire area of Thane West has seen a price appreciation of over 13% in the last 5 years. Most areas of Thane West have an average price ranging around Rs. 17,000/sq.ft. Comparing the realty development of the residential localities of Thane West, Rabodi is much more attractive to low-income and middle-income families. The area is a residential neighbourhood with affordable housing and higher-end luxury projects for anyone with a higher budget. Moreover, the area has good connectivity, which contributes to the price appreciation of the properties here.

Conclusion

Thane's bustling neighbourhood, has become a highly sought-after destination for residential property buyers and investors. An appealing choice for those seeking a balanced and convenient lifestyle due to its strategic location, excellent connectivity to major commercial centres and Mumbai, robust infrastructure, and diverse housing options. Rabodi promises a promising investment opportunity for those looking to be a part of Thane's flourishing urban landscape, with an increasing number of commercial developments adding to its allure.

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