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All that piece and parcel of the commercial property comprising Basement Shop/Premises, admeasuring approximately 142.08 Sq. Meters, situated in the building known as “Varadvinayak”, forming part of “Ashtavinayak Residency”, constructed on land bearing CTS Nos. 782 and 893 to 905, admeasuring approximately 544 Sq. Meters, situated at Village Balkum (Dhokali), Thane – 400607, Maharashtra. The property forms part of a well-established mixed-use development in one of Thane's prominent residential and commercial localities.
The property enjoys excellent connectivity to Eastern Express Highway, Ghodbunder Road, Thane Railway Station, Majiwada Junction, Kapurbawdi, Kalwa, Mulund, Bhiwandi, Navi Mumbai, and Mumbai through an extensive road network and public transportation facilities. The locality also provides convenient access to commercial establishments, banks, educational institutions, healthcare facilities, shopping malls, business centres, and residential neighbourhoods, making it a strategic destination for commercial activities.
Balkum (Dhokali) has emerged as one of Thane's rapidly developing commercial and residential hubs owing to its strategic location, superior infrastructure, and seamless connectivity to Mumbai and the Mumbai Metropolitan Region. The area is surrounded by premium residential developments, corporate offices, retail outlets, hotels, restaurants, hospitals, banks, and all essential civic amenities, ensuring excellent commercial potential and customer accessibility.
Varadvinayak at Ashtavinayak Residency offers a well-maintained commercial environment with convenient access to essential civic and commercial infrastructure. Its prime location in Balkum provides excellent connectivity, strong residential catchment, and easy accessibility, making it suitable for a wide range of commercial and professional activities.
The basement commercial premises admeasuring approximately 142.08 Sq. Meters offer spacious accommodation suitable for retail storage, offices, showrooms, service centres, warehouses, fitness studios, commercial establishments, or other business purposes, subject to applicable statutory approvals. The property's generous area and strategic location make it an attractive proposition for owner-occupiers as well as investors.
The Thane commercial real estate market continues to witness strong appreciation driven by rapid infrastructure development, Metro connectivity, expanding residential population, and sustained commercial demand, thereby contributing positively to the long-term appreciation potential and investment value of commercial properties in the locality.
Interested purchasers are advised to independently verify the title documents, CTS records, municipal approvals, encumbrances, property area, permitted usage, and all other relevant statutory and legal documentation before proceeding with any transaction.