Thane is witnessing a real estate boom, with many new projects being launched by developers like Kalpataru and Hiranandani. The city is seeing a significant increase in demand for housing, driven by the growing population and improving infrastructure.
According to a report by JLL, the average price of a residential unit in Thane has increased from ₹60 lakh to ₹80 lakh over the past year. The real estate boom is expected to continue, with many more projects being launched in the coming months.
The demand for housing is driven by the growing IT and manufacturing sectors in the city, with many companies setting up operations in Thane. The city is also seeing a significant increase in infrastructure development, with new roads and public transport systems being built.
