By Accommodation Times News Services
Thane is surrounded with natural scenery, greens lashes, it also provides affordable home alternative to home buyers, with leading variety of malls, high-rises, cultural hubs, entertainment and hang-out places, fitness clubs and impeccable connectivity to other regions of Mumbai, this makes it prime candidate for Smart City
Narendra Modi led government’s ambitious plan 100 Smart Cities in India is much talk about topic in the real estate industry, it is predicted that Smart Cities will bring in development in the country and give a boom to the real estate market. Smart City is the need of the hour for India’s urban areas, as the global population continues to grow at a steady pace, more and more people are moving to cities every single day.
Maharashtra government in its draft housing policy states smarty city plan in Mumbai Metropolitan Region (MMR), it has identified several existing cities such as which fit within the eligibility criteria for Smart Cities with a population between 1-4 million, this includes Thane city.
What is Smart City?
The key features of a Smart City is in the intersect between competitiveness, Capital and Sustainability. The smart cities should be able to provide good infrastructure such as water, sanitation, reliable utility services, health care; attract investments; transparent processes that make it easy to run a commercial activities; simple and on line processes for obtaining approvals, and various citizen centric services to make citizens feel safe and happy.
Smart City means different things smart design, smart utilities, smart housing, smart mobility, smart technology etc. A Smart City for its sustainability needs to offer economic activities and employment opportunities to a wide section of its residents, regardless of their level of education, skills or income levels. In doing so, a Smart City needs to identify its comparative or unique advantage and core competence in specific areas of economic activities and promote such activities aggressively, by developing the required institutional, physical, social and economic infrastructures for it and attracting investors and professionals to take up such activities. It also needs to support the required skill development for such activities in a big way. This would help a Smart City in developing the required environment for creation of economic activities and employment opportunities.
As per the key feature of Smart City Thane is eligible considering all the aspects. Thane is one of the fastest growing areas of infrastructure in the city. Talking about the accessibility Thane offers direct road connectivity offered by the Western Express Highway to Ghodbunder Road, this has emerged as an extended western suburban destination. Proximity to the airport and its connectivity through railways to other parts of the city including CBDs make Thane a preferred location.
Currently, Thane is one of the fastest emerging residential destinations on the outskirts of Mumbai city. The growing population in the city has triggered the demand for suburban areas, where homes are available at affordable prices and with more availability of space and open areas and natural environment. It is high on demand due to affordable property rates and peaceful environment provided by the region, many people are buying property there. The biggest commercial complex, residential apartments, luxurious townships are located on the Thane Mumbai.
Smart Cities=Integrated Townships
The ever increasing population in the city has also triggered the demand for integrated townships, which is the ultimate solution to the city’s major urban problems such as bad roads, traffic congestions, inadequate water and power supply and poor sanitation system. Today, there is little doubt that integrated townships are the format for city development.
Last year, the state Cabinet proposed amendment to the Maharashtra Regional Town Planning Act under which all ‘special townships’ in the state would be reclassified as ‘integrated townships’ so that they come under the ‘smart city’ category.
An integrated township has comprises of everything under one roof i.e. it has residences, Gardens, Play Park, Educational Institutes, Hospitals, Shopping Arcade, Entertainment spaces, Restaurants, community centre, etc. The most important thing in a township is social infrastructure, good connectivity, estate management, business arcade an integrated township always has this essentials.
Residencies: Thane is the prime location of Mumbai where Builders and Real Estate Developers, on the other hand, are working on various residential projects to provide all categories of home seekers. Thane Project is one of the popular residential Developments in Mumbai with many excellent amenities like swimming pool, theatres, children parks, landscapes, banquet halls, health cares, gym, etc.
Educational Institutes: Thane is dotted with excellent number of ICSE and CBSE schools , providing education along with remarkable sport facilities , which your child misses out in suburbs , due to no space. According to the Education World India School Rankings 2012, Sulochanadevi Singhania at Thane ranks sixth best day school. There are other good schools like Hirananadini Foundation school (icse) and vasant vihar school (state board), Orchid International School (CBSE Board).
Shopping Malls: Thane has shopping malls which are huge in size and diverse in options. From attractive global design labels to in-house entertainment activities for children and umpteen cuisine options. R-Mall is the largest mall in Thane, followed by Korum Mall, Viviana Mall, which can very well be regarded as the next best to the high octane lifestyle malls in SoBo. You can also enjoy 4-Dx movie at Cinepolis, Viviana. Thane also pleases its middle-class citizens with shopping centres such as D-Mart and Big Bazar.
Real estate growth in Thane has been rapid, flanked by popular realty developers like Hiranandani Constructions, Rustomjee, Lodha, Runwal who create townships; serving all your needs, from a tiny coffee shop under your building to a mini-movie theatre. Commercial spaces have equally developed due to penetration from the major IT and Industrial houses.
Developers desire to construct townships here so that they can provide their buyers affordability with luxury and with all amenities. Thane is the most popular city for the development of integrated townships. In recent times many luxurious yet affordable townships have come up in Thane.
Thane satisfies all the necessary requirements for a Smart City with great infrastructure facility, open space, ample land and excellent connectivity. Smart Cities require a large and conveniently located stretch of land. In Mumbai, while land acquisition continues to be a challenge, the boundaries for residential places are extending towards Thane and beyond in the central suburbs.