Shraddha Peninsula Balkum Pada, Thane

A total of 27 residential transactions has been registered so far for Shraddha Peninsula, amounting to ₹ 14 Cr till October 2026.

During Q3'2026, average property prices for Shraddha Peninsula moved from ₹ 16,600/sqft to ₹ 20,550/sqft, reflecting a 23.80% rise.

MMRDA Expands Metro Line 5 in Thane to 34.2 km; Phase 1 Nears Launch

MMRDA is expanding Metro Line 5 in Thane to a total length of 34.2 km, with Phase 1 expected to launch by the year's end. This expansion will significantly improve public transportation connectivity within Thane and to neighboring areas, potentially reducing travel times and easing road congestion.

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.

Infrastructure Projects Aim to Ease Traffic Congestion in Thane

Maharashtra Deputy Chief Minister Eknath Shinde stated that the state government is prioritizing the resolution of traffic congestion in Thane through key infrastructure projects like the Coastal Road and elevated corridors. These projects are progressing steadily and are expected to significantly improve traffic flow.

A total of 132 out of 208 launched units have been booked as of February 2025, including 53% of 1 BHK(60 out of 114 units), 77% of 2 BHK(72 out of 94 units).

Structural Works reach 82% completion, Internal finishing stands at 6%.

A total of 133 out of 194 launched units have been booked as of July 2024, including 57% of 1 BHK(59 out of 104 units), 82% of 2 BHK(74 out of 90 units).

Structural Works reach 71% completion.

Structural Works reach 48% completion, Internal finishing stands at 2%.