Real Estate Thane

TMC Affordable Housing Near Thane Metro Gets 2,000+ Applications

By GeoSquare News Desk · Published 2026-11-01

The Thane Municipal Corporation (TMC) has received an overwhelming response to its new affordable housing scheme located within 500 metres of the Thane Metro station. In just the first week, over 2,000 applications have been submitted, reflecting strong demand for budget-friendly homes in the region.

Scheme Details

The project offers 1BHK and 2BHK units at subsidised rates, making it an attractive option for first-time homebuyers and investors. The proximity to the metro station is a key highlight, promising seamless connectivity and potential appreciation in property value.

Lottery and Timeline

A lottery draw is scheduled for next month to allocate the units. This transparent process is expected to draw further interest from eligible candidates, with many more applications likely before the deadline.

Market Impact

Real estate experts believe this initiative will boost the local property market and encourage transit-oriented development in Thane. The success of the scheme could also prompt similar affordable housing projects near other metro corridors in Maharashtra.