Real Estate Thane

TMC Approves 5 Affordable Housing Projects Near Thane Metro

By GeoSquare News Desk · Published 2026-11-13

The Thane Municipal Corporation (TMC) has given the green light to five new affordable housing projects, strategically located within 500 metres of upcoming metro stations on the Thane-Bhiwandi line. This move is set to add over 2,000 residential units to the market, with prices capped at ₹50 lakh, making them accessible for middle-income groups.

Aligned with Housing for All

These projects are part of the state's 'Housing for All' mission, aiming to bridge the demand-supply gap in the western suburbs of Thane. The proximity to metro stations is expected to enhance connectivity and reduce commute times for residents, making these homes highly attractive for working professionals.

Boosting Thane's Real Estate

Real estate experts believe this approval will give a significant boost to Thane's property market, especially in the affordable segment. With the metro line expected to be operational soon, these projects are likely to see strong demand from first-time homebuyers and investors looking for long-term gains.

The TMC's proactive approach in approving these projects underscores its commitment to providing quality housing at reasonable prices. As construction progresses, the area is expected to witness improved infrastructure and civic amenities, further enhancing the living experience.