Thane's commercial realty on high-growth track

June 2025

As India's office space demand outpaces supply, Thane's real estate market is poised to benefit from this trend. With a significant shortage of high-quality office space in the country, Thane's strategic location and growing infrastructure make it an attractive destination for businesses. Thane is considered one of the best places for businesses and professionals in the Mumbai Metropolitan Region (MMR) due to a combination of strategic location, robust infrastructure, and affordability compared to Mumbai’s core areas. Here are the key reasons:

1. Strategic Location

• Proximity to Mumbai: Thane is well-connected to key business hubs in Mumbai, Navi Mumbai, and even Kalyan-Dombivli.
• Access to Highways: Easy access to the Eastern Express Highway, Ghodbunder Road, and the Mumbai-Nashik Highway supports seamless logistics and commuting.

2.Connectivity & Transport Infrastructure

• Rail Connectivity: A major railway junction on the Central and Trans-Harbour lines.
• Metro Development: Upcoming Metro Line 4 and Line 5 will drastically reduce travel time to Mumbai suburbs.
• Road Network: On-going new connectivity through road development projects (e.g. Thane-Borivali Tunnel, Intra- Thane Metro, Extension of eastern Freeway till Thane) will improve commercial viability.

3. Affordable Commercial Real Estate

• Lower Costs: Thane offers significantly lower property rates than BKC, Lower Parel, or Andheri, making it attractive for startups, SMEs, and even large corporations.
• High ROI: The price appreciation potential and rental yields are strong due to ongoing infrastructure growth.
• Massive residential development: Better quality residential development and townships by India’s top real estate developers has placed Thane in a sweet spot for people looking for quality residential houses. Even a small percentage of flat buyers choosing to start their own businesses, pursue professional practices, or persuade their employers to establish a satellite office in Thane could drive significant demand for commercial properties in the city.

4.Growing Business Ecosystem

• Emerging Commercial Hubs: Areas like Wagle Estate, pockets on Ghodbunder Road, and even Pokhran Road are becoming established commercial zones.
• Presence of Major Companies: Several IT, BPO, logistics, and manufacturing companies have set up offices in Thane.
• Coworking Spaces: Growth of coworking options supports flexible and scalable business setups.

5.Quality of Life & Talent Pool

• Residential + Commercial Integration: Thane offers a balanced environment with good schools, hospitals, and housing—ideal for attracting and retaining talent.
• Skilled Workforce: Proximity to educational institutions and access to the Mumbai-Thane talent pool.

6.Infrastructure Development & Government Support

• Smart City Initiative: Thane is part of the Smart Cities Mission, ensuring improved civic amenities and tech infrastructure.
• Ease of Doing Business: Local authorities are encouraging commercial investment through simplified policies.

Last Word:

Thane stands out for commercial estate users as well as investors because it combines cost-effectiveness, connectivity, and growth potential. It’s ideal for businesses seeking a Mumbai presence without the financial burden of central business districts.

~ Hiren Chheda
Founder Managing Director Ekatva Group

Source: Thane Realty News

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