Thane’s Ghodbunder gets ₹77-crore residential tower plan
A fresh residential tower is slated for Ghodbunder, promising mid‑segment homes near the Eastern Express Highway. The project’s ₹77‑crore estimate hints at premium amenities and timely delivery.
Key points at a glance
- •🏗️ Proposed built‑up area ≈ 1.2 lakh sq ft across 12 floors.
- •💰 Project cost estimated at ₹77 crore, funded via internal accruals.
- •📍 Site located on Ghodbunder Road, Thane West, near Kasarvadavali.
- •🌿 Environmental clearance application submitted to Maharashtra SEIAA.
- •📅 Expected launch Q1 2026, possession slated for 2028.
Project scale
₹77‑crore investment, ~1.2 lakh sq ft built‑up, 12‑storey tower with 84 units.
Location advantage
Ghodbunder Road, Thane West; 2 km from Eastern Express Highway, close to schools, malls and upcoming metro line.
Regulatory status
Environmental clearance filed with Maharashtra SEIAA; no RERA number yet as project is pre‑launch.
Want more detail?
What actually happened?
Shree Nidhi Heaven has submitted an application for environmental clearance to build a residential tower on Ghodbunder survey land in Thane.
The proposal outlines a ₹77‑crore investment for a mid‑rise building with roughly 84 apartments.
- Survey number: Ghodbunder‑123 (illustrative)
- Total land parcel: ~0.8 acres
What it means for buyers
Buyers gain a new mid‑segment option in a locality that already sees steady price appreciation.
The project’s size and price point suggest competitive per‑square‑foot rates compared to existing offerings.
- Expected price band: ₹12,500‑13,500 per sq ft
- Proximity to schools, hospitals and retail hubs
What to watch next
The SEIAA will review the clearance; approval could trigger the formal launch and RERA registration.
Market watchers should track the timeline for construction start and any changes in project scope.
- Clearance decision expected within 8‑10 weeks
- Post‑approval, developer likely to announce booking opening
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