Real Estate Thane

Thane Metro Extension Drives Ghodbunder Road Property Sales Up 12%

By GeoSquare News Desk · Published 2026-10-17

The Thane Municipal Corporation (TMC) clearing the metro alignment along Ghodbunder Road has given a strong push to the local real estate market. Developers report a 30% jump in inquiries, while property prices have risen 12% in just three months.

Metro Alignment Clears Key Hurdle

The approval of the metro route has removed uncertainty that had been holding back buyers and investors. With the alignment now confirmed, sentiment along Ghodbunder Road has improved significantly, prompting developers to accelerate their plans.

Demand for Ready-to-Move-in Units

Apartments priced between ₹1.2 crore and ₹2.5 crore are witnessing the fastest absorption. End-users, in particular, are favouring ready-to-move-in homes, as they offer immediate possession and lower risk compared to under-construction projects.

New Launches Near Proposed Stations

Several developers are now planning new projects near the proposed metro stations. These launches are expected to cater to the rising demand from homebuyers looking for well-connected locations with future appreciation potential.

Outlook

With metro connectivity set to improve, Ghodbunder Road is likely to remain a key residential corridor in Thane. The combination of infrastructure progress and affordable pricing compared to Mumbai is expected to sustain buyer interest in the coming months.