Living On Ghodbunder Road
Ghodbunder Road has grown from a simple highway link into one of the Mumbai Metropolitan Region's most sought-after residential and business corridors. State Highway 42, often cited as Ghodbunder Road, is a major road leading out of Thane, linking two main arterial roads of Mumbai, the Eastern Express Highway and the Western Express Highway. This 20-km stretch cuts through some of Thane's most scenic pockets, giving residents a rare mix of city convenience and green surroundings.
The road's setting is one of its biggest draws. The road passes through Salsette Island with picturesque views of the Yeoor Hills and Thane creek, and also perforates a part of the Sanjay Gandhi National Park. Neighbourhoods along the stretch such as Kasarvadavali, Hiranandani Estate, Kolshet Road and Manpada have each developed their own residential character while staying connected to the main corridor.
On the social infrastructure front, the area is well served. The area encompassed within the 20km stretch of the road is peppered with a number of schools and colleges, and multispecialty hospitals, polyclinics, and large contemporary malls are scattered along the way. This has made Ghodbunder Road a genuine end-to-end living destination rather than just a commuter corridor.
On pricing, the locality remains more accessible than South Mumbai and the western suburbs while still delivering strong appreciation. Average property rates per square feet in Ghodbunder Road, Thane for flats stood around Rs 19,750 per sq ft. Flat rates in the locality changed by 13.8% in the last 1 year and 40.1% over the last 5 years, reflecting the steady demand driven by infrastructure upgrades and a growing base of end-users and investors.
