Real Estate Thane

TMC's Affordable Housing Near Thane Station: 1,200 Units from ₹25 Lakh

By GeoSquare News Desk · Published 2026-11-04

The Thane Municipal Corporation (TMC) has unveiled a new affordable housing scheme near Thane railway station, aimed at easing the housing crunch in the city's core. The project will deliver 1,200 units, with prices starting at ₹25 lakh, making it an attractive option for first-time buyers.

Scheme Highlights

Located within a short distance of Thane railway station, the project leverages TMC's land bank to keep costs low. The initiative is part of the corporation's broader push to provide affordable homes in high-demand areas, reducing commute times for residents.

Who Can Apply?

While specific eligibility criteria are yet to be announced, the scheme is expected to prioritise first-time homebuyers and those with lower incomes. TMC aims to streamline the application process to ensure transparency and quick allocation.

Market Impact

Real estate experts believe this move will boost the affordable segment in Thane, which has seen rising demand due to its connectivity to Mumbai and growing job hubs. The project could also set a precedent for other municipal bodies in Maharashtra.

Construction is expected to begin soon, with TMC promising timely delivery. Further details on booking and eligibility will be released in the coming weeks.