Thane, once a quiet suburb of Mumbai, has transformed into a bustling real estate hub, attracting investors seeking high rental yields. Among its many localities, Majiwada and Ghodbunder Road stand out as prime areas for rental income. But which one offers better returns in 2025? In this comprehensive guide, we’ll compare Majiwada and Ghodbunder Road in terms of rental yields, property prices, amenities, and overall investment potential.
Rental Yield Comparison: Majiwada vs. Ghodbunder Road
| Locality | Average Rental Yield | Average Rent (2 BHK) | Average Property Price (per sq.ft.) |
| Majiwada | 4% | ₹35,000 – ₹45,000 | ₹13,450 – ₹19,000 |
| Ghodbunder Road | 3% | ₹20,000 – ₹40,000 | ₹12,668 – ₹18,250 |
Note: Data sourced from 99acres and Housing.com.
Majiwada: The Heart of Thane
Overview:
Majiwada is centrally located in Thane, offering excellent connectivity to both Eastern and Western suburbs of Mumbai. It’s a well-established locality with a mix of residential and commercial developments.
Rental Yield:
Majiwada offers an average rental yield of 4%, making it a favorable option for investors seeking steady returns. The rental market is robust, with a high demand for both 1 and 2 BHK apartments.
Property Prices:
The average property price in Majiwada ranges from ₹13,450 to ₹19,000 per sq.ft., depending on the project’s age and amenities. Newer developments tend to be on the higher end of this spectrum.
Amenities:
Majiwada boasts a plethora of amenities, including shopping malls, schools, hospitals, and parks. The presence of commercial hubs like Hiranandani Business Park adds to its appeal for working professionals.
Infrastructure:
The area benefits from well-developed infrastructure, including wide roads, reliable public transportation, and upcoming metro connectivity, enhancing its attractiveness for tenants.
Ghodbunder Road: The Expanding Corridor
Overview:
Ghodbunder Road is a rapidly developing corridor connecting Thane to the Western suburbs. It has seen significant infrastructural growth in recent years, attracting both residential and commercial projects.
Rental Yield:
Ghodbunder Road offers an average rental yield of 3%, slightly lower than Majiwada. However, the area is witnessing rapid development, which could lead to increased rental demand in the future.
Property Prices:
The average property price in Ghodbunder Road ranges from ₹12,668 to ₹18,250 per sq.ft., making it a more affordable option compared to Majiwada. This price difference can be appealing for investors looking for lower entry costs.
Amenities:
The locality is home to several schools, hospitals, and shopping centers. The presence of the Hiranandani Estate township adds to the area’s appeal, offering a self-sustained community with parks, schools, and retail outlets.
Infrastructure:
Ongoing infrastructure projects, including flyovers and metro connectivity, are expected to further enhance the area’s accessibility and attractiveness for tenants.
Investment Potential: Majiwada vs. Ghodbunder Road
Capital Appreciation:
Majiwada has experienced consistent capital appreciation over the years, with property values increasing by approximately 5.32% in the past year and 22.8% over the past decade. Ghodbunder Road, while slightly behind, has also seen significant growth, with property values appreciating by 300% over the past five years.
Future Outlook:
Both localities have promising futures. Majiwada’s established infrastructure and central location make it a safe bet for steady returns. Ghodbunder Road’s ongoing development and upcoming metro connectivity suggest potential for higher returns in the long term.
Conclusion
Choosing between Majiwada and Ghodbunder Road depends on your investment goals and risk appetite. If you’re seeking immediate, stable rental income with a well-established infrastructure, Majiwada is a strong contender. However, if you’re looking for a more affordable entry point with potential for significant appreciation as the area develops, Ghodbunder Road presents an attractive opportunity.
Source : Fulinspace.com