Real Estate Thane

Thane Metro Phase 2: Ghodbunder Road Property Rates Jump 15%

By GeoSquare News Desk · Published 2026-10-16

The final approval of Thane Metro Phase 2 has triggered a sharp uptick in property prices along Ghodbunder Road. In the last 48 hours, rates have climbed by as much as 15 per cent, according to local developers and market observers.

Connectivity boost drives demand

The metro corridor will add four new stations on the Ghodbunder Road stretch, confirmed Thane Municipal Corporation officials. Once operational, the line is expected to significantly cut travel time to Mumbai, making the suburb more attractive for homebuyers and investors.

Mid-range apartments see maximum interest

Developers report a noticeable rise in enquiries for mid-range apartments, particularly 1 and 2 BHK units. The combination of improved public transport and relatively affordable prices compared to Mumbai is drawing end-users and long-term investors to the corridor.

Property analysts believe the price momentum could continue as construction progresses. However, they advise buyers to verify project approvals and completion timelines before making a purchase decision.