November 8th, 2016 needs no introduction! It would definitely be remembered for many more years from now for the boldest announcement made by the government-Demonetization. Last few months there has been mixed reactions to it where many terming it as a brave move to curb black money, curb funding used in cross-border terrorism, push to promote cashless transactions, etc. On the other side, due to the shortage of lower denomination currency; it resulted in huge queues at ATM’s, small scale industries getting affected (especially those who paid their salaries by cash), falling interest rates in safe investment options like Fixed Deposit, PPF.
Demonetization-Real Estate: Short-term Impact, Long-term Gain
The Reserve Bank Of India (RBI) has already received deposits close to Rs. 15 Lakh crore in Rs. 500 & Rs. 1000 junked currency notes (Source). Such huge deposits by individuals and business owners has resulted in increased inflow of funds in banks thus alleviating the banks from the liquidity crunch. As mentioned earlier though increased liquidity has brought down the overall deposit rates, the silver lining is that it has resulted in reduced lending rates! As per financial experts, the effect of demonetization would remain for at least 1~2 years & this is the best time to buy a new property due to reducing home loan rates (Source).
Pokhran Road: Malabar Hill Of Thane
It is a well-known fact that Mumbai has a dense population and life in the city is very fast 🙂 Being from Mumbai, I can blindly vouch for this and it goes without saying that the property rates in western & suburban Mumbai are the highest. Due to the exaggerated property rates, residents from those areas look out for viable options in upcoming places like Vashi, Thane, etc. Thane was recently included in the list of Smart Cities thus ensuring that there would be interrupted power supply, proper waste management, efficient transportation systems, IT connectivity. We all know that buying a good home is an important personal decision since your entire life savings would be put in buying that dream home and you should have a sense of pride in address owing it.
Thane is the preferred destination for home buyers since it offers great physical infrastructure. Pokhran Road, located between Ghodbunder Road & Central Thane is considered the prized jewel of Thane and is also termed as the Malabar Hill of Thane. Malabar Hill is an upmarket residential area in southern Mumbai. Pokhran Road (precisely Pokhran Road 2) provides a natural green environment, thanks to its close proximity to Yeoor hills & Upvan Lake.
While purchasing a dream home, buyers evaluate the locality based on connectivity, infrastructure as well as value creation and Pokhran Road offers much more than that! Several malls, hospitals, educational institutes are within easy reach due to which Pokhran Road 2 has received a lot of investor interest. It is located just ten minutes away from the railway station and Eastern express highway & Ghodbunder Road have added an icing on the cake, making it an ideal tourist and residential destination. Tourists can easily reach the famous Sanjay Gandhi national park from Pokhran Road. It is a coincidence that the postal code of Malabar Hill is 400006 & Pokhran road, Thane is 400610 🙂
Pokhran Road has projects from famous builders namely, Dosti Group, Ackruti, Cosmos, Neelkanth, etc and a lot of up-scale apartments have recently come up in the locality. The latest entrant in the list is Serein from Tata Housing that is located on Pokhran Road No 2, Thane West. It is set to re-define luxury and promises Homes that make a legacy.
Serein from Tata Housing: Living amidst affluence
Serein from the famous Tata Housing is located at Pokhran Road 2 and can be considered as the Epitome of luxury living. It is first of its kind project by Tata Housing that is centered around Wellness. The project has plenty of open spaces, a lot of greenery and breath-taking views. Amidst the busy city life, residents could enjoy the beauty of nature at Serein.
If you are a nature lover, there are plenty of reasons to buy a home at Serein since instead of frequenting malls; you can enjoy the chirping of birds, sounds of nature, etc. at Sanjay Gandhi National Park, Upvan lake, Yeoor hills that are located in close vicinity of the project.
Tata Serein has focused a lot on Wellness and they have gone an extra mile to ensure the well-being of its residents. Safety & security are also given utmost importance. Some of the steps taken by Tata Housing for ensuring sustainable wellness are below (Source):
- Efficient designing of lighting system
- Rain water harvesting system
- Solar water heater
- Use of low VOC material
- Use of native species for landscaping
- Centralized waste management system
- Dehumidifiers
- Vitamin C Showers
- Daylight penetration
Amenities are a critical factor for the success of any project and Serein is loaded with tons of amenities. You would feel like living amidst affluence! Some of the amenities are below:
- Organic garden with outdoor dining
- Pet park
- Nature trail
- Jogging and Bicycle track
- Tennis court
- Skating rink
Importance has been given to minute detailing e.g. Usage of Vitamin C showers enhance your skin and Solar heating cuts down the electricity bills! If you are looking for an ideal investment in the real-estate sector and want to enjoy the beauty of nature without giving up the benefits of city life, then you should definitely have a look at Serein from Tata Housing.
Though Pokhran Road is famously referred as Malabar hill of Thane with the arrival of the posh & luxurious Serein, it might be termed as #MalabarhillofThane!
For more details, please visit the official website of Serein from Tata Housing.