Midas O22 Business Park Wagle Industrial Estate, Thane

Thane Municipal Corporation Plans Rs 350 Crore Upgrade for Aging Sewer Network

Thane Municipal Corporation is preparing a Rs 350 crore plan to replace aging sewer and stormwater drainage lines in older parts of city, including areas like Naupada, Vartak Nagar, and Panchpakhadi. This upgrade is to be undertaken under the central government's AMRUT 2 scheme.

Thane Ring Metro Project Criticized for Ignoring Key Areas

Urban planners and local advocates criticize the Thane Ring Metro project for overlooking significant populations in areas like Kalwa, Mumbra, and Diva, impacting approximately 2.7 million residents. The design is described as redundant and not addressing actual connectivity gaps.

During Q1'2026, average property prices for Midas O22 Business Park moved from ₹ 21,900/sqft to ₹ 22,050/sqft, reflecting a 0.68% rise.

A total of 79 out of 262 launched units have been booked as of February 2025, including 31% of OFFICE SPACE(79 out of 257 units).

Structural Works reach 80% completion, MEP Services including lift and staircases, are now 14% done.

A total of 43 out of 261 launched units have been booked as of October 2024, including 17% of OFFICE SPACE(43 out of 256 units).

A total of 6 out of 262 launched units have been booked as of April 2024, including 2% of OFFICE SPACE(6 out of 256 units).

Structural Works reach 42% completion, MEP Services including lift and staircases, are now 3% done.

O22 Business Park, developed by MIDAS TOUCH, officially launched on 22-Nov-2023 and expected to complete by 31-Dec-2026. Registered under RERA No. P51700053701. The project comprises 1 towers and offers 262 residential units, including SHOP, OFFICE SPACE, RESTAURANT, with unit sizes ranging from 484 to 3832 Square feet across a total area of 1.19 Acre.