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Top 7 Upcoming Residential Properties in Thane
by Admin May 8, 2024

Top 7 Upcoming Residential Properties in Thane

Thane is a fast-growing satellite city in Maharashtra in the northeastern part of the Mumbai Metropolitan Region, which comprises Mumbai and its satellite towns in the northern Konkan region. Mumbai, a city that once had seven separate islands during the colonial era, eventually merged into a single landmass. This particular single landmass connects to Thane Creek, from where the mainland begins. Dubbed the “City of Lakes,” Thane is nestled between the picturesque Parsik Hill and Yeoor Hill, which stand parallel to each other.

Moreover, Thane covers over 147 kilometres and has a population of more than 1.8 million people within its municipal boundaries. One buzzword that is doing rounds in the landscape of Thane is “Residential Real Estate”. In this blog, we will examine some of the best residential projects coming up in the thriving region of Thane.

What is a Satellite City?

Often regarded as pressure valves for overcrowded metropolitan cities, Satellite cities, in simpler terms, are referred to as smaller municipalities next to a bigger city that is the centre of a metropolitan area.

That said, the Mumbai Metropolitan Region, according to a recently conducted survey in the first quarter of 2024, recorded 60,000 residential property transactions were recorded, totalling over 54,000 crores. In addition to this, it's interesting to note that Thane recorded a sale of around 5,000 homes for prices exceeding 4,900 crores, topping the rankings for residential transactions in the first quarter.

What are Parsik Hills and Yeoor Hills famous for?

Famous for their scenic beauty, Parsik Hills and Yeoor Hills are famous for various reasons ranging from lush greenery to cascading waterfalls to panoramic vistas, etc. The presence of these hills makes Thane an ideal location for residential real estate development.

7 Upcoming Residential Projects in Thane:

Mahavir Springs, Pokhran Road II

The luxurious and serene Thane West neighbourhood is home to the soon-to-be residential development known as "Mahavir Springs," which has the potential to completely transform Thane's residential environment. It is located overlooking Pohkran Road 2 - an area surrounded by lush greenery. Beautifully constructed spacious residential apartments and world-class amenities make this project a class apart. Furthermore, Thane (West) is at the top of the list of cities with the fastest rate of growth for residential real estate. Get a thorough walkthrough about how Mahavir Springs is situated in nature’s lap?

Type

2 & 3 BHK Apartments

Launch Date

November 2019

Possession Date

December 2025

Developer Name

Damji Shamji Shah Group

Kalpataru Primera, Kolshet Road

Kalpataru Parkcity Township’s Kalpataru Primera brings you close to the natural world. This well-designed housing development offers a staggering assortment of 405+ carefully chosen amenities along with several opulent benefits. The apartments at Kalpataru Primera have been thoughtfully constructed to maximise space. These opulent residences let occupants unwind and take in the scenery from their patios. This project offers the ideal balance of convenience, the great outdoors, and an enormous amount of facilities. Families may come together, discover who they are, and make treasured memories here. Explore Kalpataru Primera- a parkcity lifestyle you deserve, profoundly and find out how it has enhanced Thane’s residential real estate reputation.

Type

2 BHK Apartments

Launch Date

April 2024

Possession Date

December 2029

Developer Name

Kalpataru Ltd.

JP Infra Codename Lottery, Kasarvadavali

JP Infra's newest product, the JP Codename Lottery, is anticipated to significantly change Thane's skyline and provide locals with the one-of-a-kind chance to fully immerse themselves in a world of endless possibilities and total comfort with affordability. Whether you're lounging around Yeoor Hills, taking in the serene surroundings, or enjoying the amenities, there's no end to your delight here. JP Infra’s affordability and green living are factors worth recognizing. Here’s how!

Type

1 & 2 BHK Apartments

Launch Date

February 2024

Possession Date

December 2031

Developer Name

JP Infra

Runwal 25-Hour Life, Majiwada

A historic project including opulent homes with more than fifty amenities that improve quality of life. Living, working, playing, shopping, learning, and eating can all be done in one location. Runwal 25-Hour Life, where each hectic day ends with a relaxed, stress-free evening. Where weekends meander, allowing your body to re-energise and your soul to revitalise. Moreover, Runwal 25-Hour is dubbed Thane’s best residence for a reason - Let us find out why.

Type

2 & 3 BHK Apartments

Launch Date

December 2022

Possession Date

December 2029

Developer Name

Runwal Group

Vihang Capital of Thane, Ghodbunder Road, Kasarvadavali

Situated on Ghodbunder Road in the Kasarvadavali neighbourhood, Vihang Capital of Thane offers luxurious 1 BHK and 2 BHK apartments complete with the latest facilities. These residences demonstrate Vihang Group's ability to innovate, prioritise client demands, meet schedules, and provide exceptional work. Ready to unlock the potential for lucrative future returns? Read the detailed blog- MMR's New Home: Vihang Capital of Thane.

Type

1 & 2 BHK Apartments

Launch Date

March 2022

Possession Date

December 2029

Developer Name

Vihang Group

Rustomjee Uptown Urbania, Majiwada

A combination of affordability and luxury can be found in Rustomjee Uptown Urbania in Thane. This project, one of Thane's most immaculate yet opulent residential developments, does not allow for mediocrity. These colourful homes in this well-planned community will make you laugh a lot and offer a nice escape from ordinary life. At the time of Rustomjee Uptown Urbania Launch Date, there were 782 opulent apartments for sale throughout the 47 stories of each tower. Rustomjee Uptown Urbania is a haven for families seeking a luxurious way of life - Let’s dive in!

Type

2 & 3 BHK Apartments

Launch Date

December 2021

Possession Date

December 2026

Developer Name

Rustomjee Constructions Pvt. Ltd.

Raymond TenX Era, Pokhran Road

With just 906 apartments offered over two 38-story buildings, Raymond Realty Ten X Era on Pokharan Road is a project that offers reasonably priced Thane real estate for sale. The project, which has a total land area of 15135 square meters, is expected to grow into one of the most ostentatious structures in the Thane region, making it the most sought-after residential property for sale in Thane (W), Mumbai. Discover the future of living at Raymond TenX Era now.

Type

2 & 3 BHK Apartments

Launch Date

February 2023

Possession Date

January 2029

Developer Name

Raymond Realty

Conclusion:

Thane is on a shortlist for the Smart City Mission. The mission encompasses several pedestrian-friendly upgrades such as redesigned sidewalks, traffic signs, and street furniture, as well as various infrastructure improvements such as storm-water drain upgrades and waterfront development at the areas of Vasai Creek that border Thane, such as Waghbil and Kolshet, among other places.

To learn more about these developments that may impact Indian investment in the future and how you can take advantage of them, get in touch with us now.

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