Reasons Why People Are Buying Houses In Thane Rather Than Mumbai

People from Mumbai are shifting to Thane, Palghar and Panvel with massive population shifting to Thane specifically

Reasons Why People Are Buying Houses In Thane Rather Than Mumbai

Mumbai has witnessed a huge demographic shift in the last 10 years. According to the 2011 census, over 9 lakh people from Mumbai have shifted to nearby areas like Panvel, Thane, Bhiwandi, Navi Mumbai, Palghar and Raigad with over 8 lakh have shifted to Thane alone. 

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Majority of the population was from South Mumbai and belonged to the mid-income group and they have taken up homes in the above areas as these places are experiencing rapid growth and industrialisation. The upcoming airport at Panvel has made it a hub for more business and housing projects. 

There are several factories that have opened up in Boisar and Kalyan's MIDC. In Navi Mumbai, Ulhasnagar and Badlapur are also witnessing a paradigm shift. People from Mumbai have shifted here due to availability of more open spaces and job opportunities. 

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