Prestige Estates Projects has announced a strategic partnership to develop a major residential project in Thane, further solidifying its foothold in the Mumbai Metropolitan Region (MMR). Spanning approximately 14.6 acres near the Kolshet-Balkum Road, the project boasts an estimated Gross Development Value (GDV) of ₹6,000 crore and a developable potential exceeding 5 million sq. ft.
Designed as one of the region’s largest integrated residential developments, the project will feature premium homes alongside dedicated retail spaces. Tailored for young professionals, first-time buyers, and growing families, the township offers an all-inclusive live-work-shop ecosystem complete with modern architecture, landscaped greenery, and high-end lifestyle amenities. Its strategic location delivers exceptional connectivity to key corporate hubs, major transit routes, schools, and hospitals—underscoring Prestige Estates’ confidence in Thane’s rapid infrastructure growth and resilient housing market.
News by Rahul Yelligetti.