Fast infrastructure upgrades, surging purchaser curiosity and an in-demand housing market has led Thane, an surprising supporter within the Mumbai Metropolitan Area’s residential sector, to turn out to be a key participant in main the actual property revolution.
In accordance with a report by actual property tracker Anarock, Thane has undergone an explosive housing worth progress within the final three years, skyrocketing by 46 per cent since 2022.
Between Q2 2022 and Q2 2025, housing property costs rose from ₹13,550 per sq. ft. to ₹19,800 per sq. ft.
Thane residential costs up 60% in 5 years
The residential prices of Thane have shot up by 60 per cent within the final 5 years, in accordance with estimates by Anarock.
“Demand for under-construction houses outperforms ready-to-move-in models in 2025 thus far, largely as a result of the town presents luxurious houses at comparatively reasonably priced costs in distinction to Mumbai’s prime markets,” stated Aayush Puri, head of Anarock Channel Companions and Anacity.
Affordability additionally performs an increase in demand of Thane properties.
In accordance with Puri, “We’re seeing a powerful market inclination in direction of smaller residential models. On that entrance, Thane is no less than 78 per cent extra reasonably priced than suburban Mumbai.”
Amid core Mumbai’s skyrocketing property values, Thane is more and more turning into the vacation spot of alternative for homebuyers and traders looking for higher worth with out compromising on high quality, stated the report.
Why are Thane property costs rising?
The property costs in Thane have been rising because of the skyrocketing demand, primarily due to three causes, as per the report —
1. Location and infrastructure
Thane is situated on the coronary heart of MMR, making it a best choice for homebuyers. Elevated connectivity with Mumbai has additionally performed a key position within the metropolis’s rise as a favorite amongst patrons.
Thane can be seeing an inflow in large-scale infrastructure enhancements price ₹59,000 crore. Its strategic location, coupled with increasing connectivity by metro strains, upgraded street networks provides Thane an edge.
2. Metro connectivity
Thane’s metro connectivity is one other key cause why the spot is popping right into a hub for homebuyers. With 4 upcoming metro strains, the town’s connectivity inside its bounds and past to Mumbai goes to get simpler.
3. Social infrastructure
The dwelling requirements of Thane have drastically improved, because of fast progress in social infrastructure. The town has over 24 reputed colleges and schools, greater than 12 superior multispeciality hospitals and greater than 5 malls. Furthermore, pure points like 22+ lakes spanning over 111 acres additionally provides it a bonus for many who need to search greenery.
