Godrej to Build 18-Acre Thane Township – ₹7,500 Cr Revenue
Godrej is set to develop an 18‑acre township on Thane’s Ghodbunder belt under a Joint Development Agreement, targeting ₹7,500 cr revenue with construction starting in 2027 and first‑phase launch by 2028.
Key points at a glance
- •18‑acre township on Ghodbunder/Majiwada belt
- •Projected ₹7,500 cr revenue
- •Joint Development Agreement signed
- •Construction to start 2027, launch 2028
- •RERA‑registered and approved by Thane ZP
- •Planned 1,000+ flats across mixed‑use zones
Project Scope
18 acres, 1,000+ flats, mixed‑use development, construction to begin 2027.
Location
Ghodbunder belt, Thane – 30 km from Mumbai, adjacent to NH 48 and Vikhroli.
Regulatory
JDA signed, RERA compliant, approvals from Thane ZP and Maharashtra Housing Board.
Want more detail?
What actually happened?
Godrej Properties signed a Joint Development Agreement with a local landowner to develop an 18‑acre township on the Ghodbunder/Majiwada belt of Thane.
The project carries a projected revenue potential of ₹7,500 cr and is slated to begin construction in 2027.
- 18 acres, 1,000+ flats
- Mixed‑use, residential and commercial
- RERA‑registered
- Construction start 2027, launch 2028
What it means for buyers
For buyers, the project offers a range of plots and residential options across affordable to premium segments, with the promise of well‑planned infrastructure and proximity to Mumbai’s transit corridors.
What to watch next
Keep an eye on the RERA registration status, the release of detailed site plans, and the timeline for the first‑phase launch in 2028. Brokers can advise clients on pre‑sale pricing, eligibility under the Housing Development (Amendment) Act, and the benefits of early investment.