Thane’s New Highway Set to Lift Property Prices
The new Ghodbunder Highway will slash commute times, pushing up property values in Thane’s western corridor.
Key points at a glance
- •🏁 30-40% faster travel to Mumbai by 2028
- •🏠 Demand surge in Kasarvadavali, Anand Nagar
- •💰 Prices expected to rise 10-15% in 2025-27
- •📈 Investors target resale value jumps
- •🛣️ Project to complete by Q3 2028
Project Milestones
Construction began 2023, 60% complete. Final phase to finish by Q3 2028, enabling full traffic flow.
Where It Matters
Ghodbunder Road links Thane to Mumbai, impacting Kasarvadavali, Anand Nagar, and surrounding suburbs.
Regulatory Note
Project follows Maharashtra Public Works Department guidelines; no new RERA mandates yet.
Want more detail?
What actually happened?
Construction of Ghodbunder Highway began in 2023 under the Maharashtra State Road Development Corporation. The revamped six-lane road is set to reduce travel time between Thane and Mumbai by 30-40%.
Completion is targeted for Q3 2028, with phased openings already underway in 2025.
What it means for buyers
Shorter commutes make western Thane more attractive for families and professionals. Property prices in Kasarvadavali and Anand Nagar are projected to rise 10-15% by 2025, offering higher resale potential.
What to watch next
Keep an eye on the final delivery status and any speed limit changes that could affect travel time. Monitor local resale listings for early price shifts.