Thane’s Rise: Is It Time to Look Beyond Mumbai in 2025

As property prices in Mumbai climb to dizzying heights—₹50,000 to ₹1,00,000+ per sq. ft in prime zones—many investors think Property In Thane is a wiser bet. Alongside these qualities, in 2025, Thane remains firmly affordable, well-connected, and offers a good quality of life that lends strong arguments against Mumbai.

Price Comparison

Luxury prices in South Mumbai range from ₹50,000 to ₹1,00,000+ per sq. ft. According to Knight Frank, Mumbai ranked #7 globally for luxury home appreciation, at ~6.1% in late 2024.

Areas like Ghodbunder Road and Kasarvadavali are priced at ₹15,000–₹30,000 per sq. ft. in Thane, equating to a 70% discount over central Mumbai.

ANAROCK reported a 46% price spike in Thane over three years, with the rate standing at ₹19,800 per sq. ft. in June 2025, compared to ₹13,550 in early 2022. 

Quality Of Life and Connectivity

Thane is greener, quieter, and less polluted. It is itself surrounded by lakes, parks, and even Namo Grand Central Park, a 20-acre landscaped park located on Kolshet Road, which draws thousands of visitors daily.

Connectivity is improving fast:

• As the sectors along Metro Line 4 (Wadala–Kasarvadavali) are already under construction, the operational flyover at Kasarvadavali junction eases the congestion 

• The extension of Metro Line 5, connecting Thane, Bhiwandi, Kalyan, and Ulhasnagar, has been approved and is currently underway. 

• The Thane Metro (loop of 28‑29 km, 22 stations) was green-lit in 2024 and is expected to be functional by 2029; it comprises a depot at Kasarvadavali. 

• The 701-km-long Samruddhi Mahamarg (Mumbai–Nagpur Expressway) traverses Bhiwandi in the Thane district, improving eastward connectivity.

• The Thane High-Speed Rail Station, part of the Mumbai-Ahmedabad bullet train corridor, is expected to be operational by 2028 near Bhiwandi/Diva Gaon.

ROI & Rental Yield

• Recent data shows investors in Thane can give  rental yields of 6–7%, to investors which makes it strongest real estate rental markets in the Mumbai Metropolitan Region (MMR) as of 2025.

• Rental yields in Thane have risen from 2.7% in 2019 to 3.15% by September 2023—which shows steady growth in rental income potential

Key Localities & New Townships

Raunak Maximum City, Kasarvadavali, Thane West

• RERA- P51700050827

• Project Name on RERA Site- Raunak Bliss B6

• Super Area : 51.933 - 75.066 sq.mt. (559 - 808 sq.ft.)

• Carpet Area : 39.949 - 57.87 sq.mt. (430.01 - 622.91 sq.ft.)

• Typology:   1 BHK,2 BHK

• Location:   Kasarvadavali, Thane West ( Show on map )

• Project Status:   Under Construction

Vihang Capital of Thane, Kasarvadavali, Thane

• RERA- P51700034754 | P51700034145

• Project Name on RERA Site- Elita D3 | Evana D­2

• Super Area : 51.933 - 86.957 sq.mt. (559 - 936 sq.ft.)

• Carpet Area : 39.948 - 66.89 sq.mt. (430 - 720 sq.ft.)

• Typology:   1 BHK,2 BHK

• Location:   Kasarvadavali, Thane ( Show on map )

• Project Status:   Under Construction

JP Codename Lottery, Kasarvadavali, Thane

• RERA- P51700054824

• Project Name on RERA Site- Codename Lottery

• Super Area : 38.741 - 65.218 sq.mt. (417 - 702 sq.ft.)

• Carpet Area : 29.822 - 50.168 sq.mt. (321 - 540 sq.ft.)

• Typology:   1 BHK,2 BHK

• Location:   Kasarvadavali, Thane ( Show on map )

• Project Status:   New Launch

Dosti Greater Thane, Bhiwandi, Thane West 

• RERA- P51700053057 | P51700053096

• Project Name on RERA Site- Dosti Greater Thane ­ Sector 3A ­ Cluster 1B ­ Phase 1 | Dosti Greater Thane ­ Sector 3A ­ Cluster 1B ­ Phase 2

• Super Area : 38.555 - 54.534 sq.mt. (415 - 587 sq.ft.)

• Carpet Area : 29.636 - 41.992 sq.mt. (319 - 452 sq.ft.)

• Typology:   1 BHK,2 BHK

• Location:   Bhiwandi, Thane West ( Show on map )

• Project Status:   Under Construction

Mahavir Spring, Pokhran Road 2, Thane 

• RERA- P51700045504

• Project Name on RERA Site- Mahavir Spring ­Daffodils­P3

• Super Area : 85.471 - 88.072 sq.mt. (920 - 948 sq.ft.)

• Carpet Area : 64.661 - 73.3 sq.mt. (696 - 789 sq.ft.)

• Typology:   2 BHK,3 BHK

• Location:   Pokhran 2, Thane ( Show on map )

• Project Status:   Under Construction

Pros & Cons: Thane vs Mumbai

Mid-Class Investor? Thane Wins

An attractive point for middle-class buyers and investors seeking the Best Real Estate Projects is Thane, offering modern flats, green neighbourhoods, extensive infrastructure rollout, and attractive returns. 

Ticket sizes ranging from ₹50 L to ₹ 1 Cr for 1-2 BHK homes are ideally suited for first-time buyers or long-term investors at Flats For Sale in Thane, including Raunak Maximum City, Vihang Capital, JP Codename Lottery, and Dosti Greater Thane in Bhiwandi.

Thane vs Mumbai: The Verdict

Price advantage: Thane is 30-40% cheaper; investors pay less and can buy apartments with modern amenities.

Refined ROI: Rental yields and appreciation rates in Thane surpass those in many parts of Mumbai, even though Mumbai retains its prestige and long-term promise.

Conclusion

So Thane is a better investment than Mumbai in the year 2025? For most buyers, yes. Suppose you're targeting Properties in Thane, focusing on neighbourhoods like Kasarvadavali, Thane West, and exploring developments such as Raunak Maximum City, Vihang Capital of Thane, JP Codename Lottery, or Dosti Greater Thane. In that case, you tap into affordability, solid infrastructure, rising returns, and quality urban living.

For high-end prestige, Mumbai remains a leader. However, for smart capital growth, rental yield, and lifestyle, Thane is poised to win the race in 2025.

FAQs: 

Q. Why is Thane being considered a better investment than Mumbai in the year 2025?

A. Whether it's cheaper prices, better returns, or modern infrastructure at affordable rates, Thane can be said to have it all.

Q. What would be the average property prices in and around Thane vs. Mumbai in 2025? 

A. In Thane, properties range from Rs. 15,000 to Rs. 30,000/sq.ft, whereas in Mumbai, prices start from Rs. 50,000/sq.ft and above.

Q. What are the best real estate projects happening in Thane right now?

A. Among the excellent projects are Raunak Maximum City, Vihang Capital of Thane, JP Codename Lottery, and Mahavir Spring.

Q. What kind of yield can I expect on a property investment in Thane? 

A. Thane produces rental yields of 6-7% per year, and capital appreciation can reach up to 15-20% in prominent localities.

Q. Is Kasarvadavali a good area to invest in Thane West?

A. Yes, Kasarvadavali is a rapidly developing node with numerous good projects and upcoming metro connectivity.

Q. Where is Dosti Greater Thane located?

A. Dosti Greater Thane is a newly launched township in Bhiwandi, Thane West, which offers modern flats.

Q. Are flats available for first-time buyers in Thane?

A. Yes, 1 and 2 BHK flats in Thae are a good buy for first-time homebuyers starting from 50-60 Lakhs.