HomeLatestThane sees premium homes on Pokhran Road

Thane sees premium homes on Pokhran Road

Shapoorji Pallonji Real Estate has unveiled a new residential cluster on Pokhran Road 2 in Thane, strengthening its presence in one of the Mumbai Metropolitan Region’s fastest-maturing housing corridors. The project forms part of a larger 4.8-acre master-planned development and is expected to add over 280 apartments to a micro-market benefiting from expanding transit infrastructure.

The newly announced residential phase will comprise 2- and 3-bedroom apartments, with unit sizes ranging from mid-sized to just over 1,000 sq ft in carpet area. Pricing begins at Rs 1.56 crore, positioning the development within the premium mid-segment of the Thane housing market. Pokhran Road 2 has evolved over the past decade from a largely residential stretch into a high-demand urban corridor supported by road upgrades and social infrastructure. Its proximity to the Eastern Express Highway and Ghodbunder Road provides connectivity to Mumbai’s employment hubs and the western suburbs. The upcoming Mumbai Metro Line 4 is expected to further reduce commute times and enhance long-term property values. Urban planners tracking Thane’s growth say infrastructure-led appreciation continues to draw both end-users and investors to the locality. Improved east–west connectivity within the city and expanding metro access are reshaping residential demand patterns, with buyers prioritising travel time certainty alongside liveability. The project has been designed with an emphasis on natural light, cross-ventilation and landscaped open areas features increasingly sought after in post-pandemic housing preferences.

Industry consultants note that mid- to high-income households are showing stronger interest in developments that integrate wellness amenities, green buffers and community spaces within gated layouts. Beyond unit configurations, developers in the Thane market are responding to rising expectations around environmental performance and design efficiency. Compact yet well-planned homes that optimise usable space are becoming central to affordability in premium micro-markets, particularly where ticket sizes cross Rs 1.5 crore. Thane’s residential momentum is also supported by robust social infrastructure, including established schools, healthcare facilities and retail centres. As the city transitions from a peripheral suburb to a self-sustaining urban node, mixed-use planning and transit integration will determine the sustainability of growth.

For Shapoorji Pallonji Real Estate, the latest launch reinforces its strategy of targeting infrastructure-backed locations within the MMR. As housing demand in the region continues to align with mobility upgrades and quality-of-life considerations, projects along key corridors such as Pokhran Road 2 are likely to remain central to the city’s next phase of residential expansion.

Also Read: Eagle Point reduces holding in Acres Commercial Realty

Thane sees premium homes on Pokhran Road