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Godrej to Build 18-Acre Thane Township – ₹7,500 Cr Revenue

Published: July 08, 2026 | Category: Thane Real Estate News
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
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Project Scope

18 acres, 1,000+ flats, mixed‑use development, construction to begin 2027.

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Location

Ghodbunder belt, Thane – 30 km from Mumbai, adjacent to NH 48 and Vikhroli.

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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
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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.

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Frequently Asked Questions

1. What is a Joint Development Agreement?
A Joint Development Agreement (JDA) is a binding contract where a developer and a landowner collaborate on a project, sharing responsibilities, risks, and profit.
2. How does RERA impact buyers?
RERA ensures transparency, price caps, and safeguards against project delays, giving buyers confidence in the timely completion of the project.
3. When is the project expected to launch?
The first phase of the township is expected to launch by 2028, following construction start in 2027.
4. Are there pre‑sale options available?
Yes, buyers can purchase plots or residential units before finalised plans, often at discounted rates.
5. Is the project approved by Thane ZP?
Yes, the project has obtained JDA approval and is RERA‑registered under the Thane Zone Planning authority.