India, Aug. 29 -- Thane, once considered a satellite town to Mumbai, has today emerged as one of the most preferred residential hubs in the Mumbai Metropolitan Region (MMR). Well-connected by the Eastern Express Highway, Ghodbunder Road, and upcoming metro lines, the city has seen a steady rise in demand from both end-users and investors.

Experts note that while property values in Thane have risen steadily in the last five years due to infrastructure upgrades and demand from Mumbai spillover, homes priced at Rs.1 crore continue to offer relatively better value compared to Mumbai suburbs, where prices have surged far higher.

It is approximately 30-35 km from South Mumbai's Colaba area and about 25 minutes from Bandra.

The upcoming Thane...