Property Thane

February 8, 2022

THANE: As many as 80 new local services could be soon operated on the Mumbai suburban network largely benefitting commuters from suburbs beyond Thane, Shiv Sena MP Dr Shrikant Shinde said.

Dr Shinde made the announcement after review of the fifth and sixth railway corridor work between Thane and Diva , which was completed on Monday midnight, paving an uninterrupted and separate corridor for suburban and outstation trains between Kalyan and Kurla . While express and freight trains will now run on the fifth and sixth corridor through the long Parsik tunnel, all four suburban lines will now pass through Kalwa and Mumbra stations.

“The segregation of suburban railway lines has paved the way for operating new trains on the suburban sector. As many as 80 new suburban trains could be operated on the stretch which will provide much relief to commuters travelling on this segment. Till now suburban services were affected due to overlapping of express and local train paths between Thane and Kalyan which will now be a thing of the past,” said Shinde.

Railway officials said the corridor separation involved laying a 1.4 km long rail flyover, 24 major and minor bridges and a 170 m long tunnel along the 9-km-long route which was nothing short of a challenge. The Thane-Diva fifth and sixth line was sanctioned in 2008-09 under the MUTP II with equal cost-sharing between the ministry of railways and state government, informed Shivaji Sutar , chief PRO at Central Railway.

Activist Nandkumar Deshmukh said the segregation and announcement of new trains on the section will be a boon but claimed complete benefit will be only after complete segregation of lines till CSMT. “The railways must push for a faster implementation of the Kurla to Mumbai separate corridor which will give complete relief to suburban commuters as outstation trains arriving or leaving CSMT or Dadar will still have to use the suburban lines or cross over at Kurla which will be time-consuming,” he said.

Source: timesofindia.indiatimes.com

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February 9, 2022

THANE: The first-ever cluster redevelopment project to be executed in Maharashtra’s Thane will set a template for the state to replicate in the future, urban development department minister Eknath Shinde said on Tuesday.

Shinde was addressing the media following the groundbreaking ceremony of a transit camp to be constructed for the first phase of the project to be executed at the densely populated Kisan Nagar which is dotted with several illegal and derelict structures.

“The pilot project will be executed by Cidco that will be helpful for all future projects and will give clarity on the business model for developers who are presently shying away from the same. This is the first project to be executed in the state on a massive scale where nearly 1,500 hectares of land will be developed,” Shinde said.

Civic officials said the transit camp is being developed at an amenity plot in Vartak Nagar spread over 1,645 sq metre and will have 243 tenements of 300 sq feet each for temporary accommodation of residents. Once the building is ready, residents will be relocated and their existing structures razed to construct the highrise as per the plans.

“The construction will cost Rs 35 crore and will be expedited to ensure timely relocation and subsequent completion of the first phase of the brownfield project,” said officials.

Shinde, in his address, said the cluster redevelopment was proposed for the city after a spate of building collapses in the previous decade. As many as 45 urban renewal plans have been proposed for the city of which six have got approval and will be taken up soon for execution once the Kisan Nagar project is executed, said officials.

Source: timesofindia.indiatimes.com

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February 8, 2022

This will facilitate the railways to launch 80 to 100 more local train services by the year end, enabling the reduction in the crowding between Chhatrapati Shivaji Maharaj Terminus (CSMT)-Kalyan/Karjat and Kasara

The new railway line will help railways to operate both suburban local and outstation trains on separate tracks between Thane and Diva enabling to improve the punctuality of trains and reduce clashes (Praful Gangurde)

MUMBAI: In what can be called as a major respite to local train passengers on Central Railway (CR), after more than a decade of waiting for approval, the fifth and sixth railway line between Thane and Diva, was commissioned on Tuesday morning.

This will facilitate the railways to launch 80 to 100 more local train services by the year end, enabling the reduction in the crowding between Chhatrapati Shivaji Maharaj Terminus (CSMT)-Kalyan/Karjat and Kasara, one of the busiest routes on the local train networks in the city.

The CR has also planned new air-conditioned (AC) and non-AC trains

with nearly 32 additional train services are likely to be introduced by February end.

Mumbai Rail Vikas Corporation (MRVC), which undertook the construction of the project, completed the commissioning work with the help of 1000 workers and by launching a 72-hour mega block from early Saturday morning to early Tuesday morning.

The fifth and sixth line between Thane and Diva is a part of the Mumbai Urban Transport Project (MUTP 2B) and got the approval in 2008.

The new railway line will help railways to operate both suburban local and outstation trains on separate tracks between Thane and Diva enabling to improve the punctuality of trains and reduce clashes.

“Earlier as the suburban local and mail trains were on the same fast corridor and in case of a loco failure or chain pulling in outstation trains, the suburban local trains were also impacted. This will not happen anymore as these lines have been segregated, it will also help improve the punctuality of the suburban locals,” said Shivaji Sutar, chief public relations officer.

“The number of new services to be introduced is being finalised. Few new train services will be introduced by the end of the month,” said a senior Central Railway official.

Passenger associations have also welcomed the completion of the new railway lines and have stated that it would reduce overcrowding in local trains. “The finishing of construction work on the Central Railway is a welcoming move as new local trains will be introduced resulting in decreased overcrowding. The railway authorities should introduce train services as soon as possible.” said Subhash Gupta, president, Rail Yatri Parishad.

“On Tuesday, after three days of Mega block the situation on the platforms and trains went back to normalcy as the crowd and the frequency of trains were as scheduled during peak hours,” said Rajesh Kotian, 48, regular commuter from Dombivli to Kurla.

The passengers will however have to face commuting woes till next week as services are expected to be delayed by up to 15 minutes because of the speed restrictions imposed across the new railway line as precautionary measure.

Moreover, post the mega block and the changes made, Central Railway now has some slots available to include additional suburban locals in the CSMT to Karjat route. “Separating the suburban and freight traffic along the fast corridor has helped pave the way for providing additional suburban locals in the main line via Thane – Kalyan route,” added Sutar.

Source: www.hindustantimes.com

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Rustomjee Uptown Urbania

Off Eastern Express Highway, Near Majiwada Junction,
Thane (W), Maharashtra – 400 601.

MahaRERA Registration Number:

La Familia Wing A – P51700032262
Wing B – P51700032205

Welcome to Uptown Urbania, a world co-created by architects, behaviourists, child psychologists, environmentalists, sunlight experts, interior designers, sculptors, artists and landscape designers. A multidisciplinary approach we like to call design thinking. Where 55 acres become a magical 60 acres of friendships, laughter and family time. The first cluster of towers at Uptown Urbania, La Familia, feature 2 and 3 bedroom homes. The 3 multi-storeyed towers with 45 habitable floors are thoughtfully designed from head to toe. It’s a placewith a clubhouse with outdoor amenities on the ground floor. A place where the 46th and 47th floor are leisure zones not just restricted to a privileged few but open to the entire community. Replete with a rooftop swimming pool, sky gym, sunset terrace, rooftop bar and stargazing deck. Think of it as a human-centric experience dedicated to everything the city had forgotten about life.

Type	Residential Apartments
Type of Apartments	2 BHK3 BHK
Location Advantage	Eastern Express Highway – 3 minsAirport- 35 minsPowai – 25 minsViviana Mall – 5 minsBKC – 30 minsLower Parel – 40 mins

Created on Feb 2022.

RUSTOMJEE

http://www.rustomjee.com

The Rustomjee legacy spans over 16 million sq. ft. of space delivered, 12,300 happy families and 2 township projects. Discover your dream home from a selection of residences in gated communities. Know more

Raymond Ten X Habitat

307,6th floor,Shiv krupa society,b cabin,
Gokhale Rd, Thane West, Maharashtra 400602

MahaRERA Registration Number:

P51700019265
P51700020256
P51700020881
P51700022779
P51700022940
P51700025355
P51700027036
Tower Al – P51700031762

Raymond Ten X Habitat is the most awaited property in Thane by Raymond Realty. With the idea of creating a gated community that is high on design, space and facilities, the Ten X Habitat property offers some of the best flats in Thane. Located at Pokhran Road, the 15-acre property is well connected to the best social infrastructure such as schools, hospitals, malls and more.

The construction and planning of the property in Thane West is such that it marks high on all the standards of living and will definitely tick all your boxes of a dream home that helps you escape from the urban realm.

When we think of the ideal home, we take into consideration various factors such as space, design, location, affordability and the community living around. Raymond Realty is one of the best projects in Thane that fits the bill and provides all this and more. With premium facilities and safe surroundings for you and your family to live in, the property allows you to unwind within a world-class gated community.

Raymond Realty is rooted in the philosophy of ‘Go Beyond’. The brand believes in going beyond contemporary real estate and breaking the set conventions, they also believe in going beyond the regular amenities that are offered by the real estate industry and providing a standard of living that goes above and beyond. With a legacy of more than 90 years, the brand wishes to establish a new landmark.

Type	Residential Apartments
Type of Apartments	1 BHK2 BHK
Amenities	Adaptive GardenButterfly GardenElevated Walk WayFish PondFlower TunnelForest Play AreaOrchardsCocoon Reading AreaFlexible Lawn AreaReflexology PathSenior Citizen ParkTea HouseHammock GardenClock TowerOutdoor LoungePool DeckRefreshment AreaPart LawnFootball GroundBasket Ball CourtTennis LawnLap PoolSlow Walk ZoneYoga ZoneCycle TrackGymnasiumJogging TrackArt Display AreaPerformance AreaMusic and Dance ZoneArt and Craft ZoneAdventurePlay GroundLabyrinthSkate Rink AreaCentral Libraryoffice creche zoneRetail Roofdeck

Created on Feb 2022.

RAYMOND REALTY

http://www.raymondrealty.in

Incepted in 1925, Raymond has been synonymous with Trust, Quality and Excellence. For years, we have pushed the benchmarks of quality, leadership and extraordinary product across fashion, apparel and lifestyle industries. Know moreWWW.RAYMONDREALTY.IN

2
Projects

Mahavir Square

Mahavir Square, Near Neelkanth Bungalow’s,
next to TMC Garden, Chitalsar, Manpada, Thane, Maharashtra 400607

MahaRERA Registration Number:

P51700024701

Right at the foothills in a perfect setting of Yeoor Hills, MAHAVIR SQUARE is a residential heaven spread across 1.5 acres of unique development offering 1,2 & 3 BHK Residences in Thane (W).

The marvelous structure of Ground +24 Story with Ample Parking is locked by greens on two sides and facing the spectacular Sanjay Gandhi National Park, with almost no noise and a natural breeze flowing from the mountain

Combined with state-of-the-art amenities like entertainment zones to health clubs to outdoor sports arena, modern features and exceptional lifestyle, MAHAVIR SQUARE is a place where life blends with the symphony of nature in perfect harmony.

The natural oasis enriched with Mountain, trees and swift connectivity, has made this place the most sought destination for living

Type	Residential Apartments
Type of Apartments	1 BHK2 BHK3 BHK
Amenities	Boxing RoomPlay Station GamesGymChildren’s Play AreaLibraryAir HockeyJacuzziJogging TrackDay Care RoomCarrom / Chess TableSauna & Steam RoomSenior Citizen AreaClass RoomPool TableSwimming PoolNews Paper Reading AreaToddler RoomGuest RoomMusic Dance RoomBanquet Hall / Multi-Purpouse Hall

Created on Feb 2022.

SQUAREFEET GROUP

http://www.squarefeetgroup.in

The present day Squarefeet Group is an offshoot of Jyoti Land Agency & ever since its inception, it has been acknowledged as one of the most reputed & trustworthy developer in the construction industry. Know moreWWW.SQUAREFEETGROUP.IN

12
Projects

Puraniks Rumah Bali

Puranik Rumah Bali, Bhayander pada Next to New Garva Hotel,
Ghodbunder Rd, opp. Pousmatra mandir, Thane West, Mumbai, Maharashtra 400615

MahaRERA Registration Number:

Phase 2 – P51700000689,
Phase 3 – P51700015955

Rumah Bali takes inspiration from the idyllic beauty of Bali. Designed by the renowned Singaporean Design House – Taib Studio – the project integrates quintessential Balinese design philosophy with a charming landscape boasting of water bodies and cabanas to create your very own corner of Bali in Thane.

The Puraniks Rumah Bali – 1 & 2 BHK Bali Themed Homes at Ghodbunder Road, Thane, offer a plethora of facilities backed with contemporary design and state-of-the-art architecture. With their vision of holistic living, the Puranik Builders have created this cocoon of nature shielding you and your family for the pressures of the outer world. They have also ensured that children have ample open space to play and grow. Also, schools, colleges, and even a recreational centre in the close proximity of the project. Sounds like an apt place to raise a family to us!

Type	Residential Apartments
Type of Apartments	1 BHK – 419-478 Sq.Ft.2 BHK – 499-658 Sq.Ft.
Amenities	Tennis CourtYouth CornerCricket PitchOpen LawnChildren Play AreaAmphitheatreElder’s NookClubhouseSwimming PoolParty LawnBalesMeditation CourtOrchid GardenPlumeria CourtEntrance Gate

Created on Feb 2022.

PURANIKS GROUP

http://www.puranikbuilders.com

Established in 1968, the Puraniks Group is a leading real estate developer that has been providing comprehensive residential and commercial solutions across various categories for over four decades. Know moreWWW.PURANIKBUIL

February 6, 2022

MUMBAI:

Greater Mumbai could soon resemble a giant construction site.

Last year, the BMC approved new real estate projects with a built-up area totalling about 15 crore sq ft. This area, according to a ballpark estimate, is roughly the size of 15 Nariman Points.

Official data procured by Mumbai Mirror show that 2,473 building project files were approved by the BMC last year, earning India’s largest and richest civic administration a record Rs 13,200 crore as premium fees from developers.

Between January and December 2021, city developers rushed to the BMC offices to pay building premiums, taking advantage of the 50% concession offered by the corporation during this period, and getting their files cleared. Builders who want additional construction rights must pay this premium.

In comparison, about 1,995 projects were approved in the pre-pandemic year of 2019. These projects had a built-up area of around nine crore sq ft.

Civic sources said most projects which were approved last year were for society redevelopment. According to official data, maximum building projects (780) were approved in the Bandra-Andheri belt alone.

The entire eastern suburbs from Mulund to Ghatkopar, Chembur and Kurla recorded 834 new projects.

“The potential supply is a staggering 15 crore sq ft spread over 25 wards of Greater Mumbai. The top eight wards contribute more than 50% of the total proposed supply,’’ said Pankaj Kapoor of Liases Foras, a real estate data and research firm. Kapoor said that the proposed supply of 15 crore sq ft of built-up area approved last year is valued at Rs 2.77 lakh crore (taking an average price in Greater Mumbai of Rs 18,300 a sq ft).

The BMC’s T ward (Mulund West) alone will contribute the maximum supply of 1.5 crore sq ft of built-up area. Borivli, Bhandup, Andheri and Parel-Dadar wards will each see over one crore sq ft of supply.

According to Liases Foras, the total built-up area approved last year will be 111% of the existing unsold stock in Greater Mumbai. Currently, the city has over 13 crore sq ft of unsold inventory, which will take almost five years to sell.

“Property prices in Greater Mumbai will be under immense pressure, even considering the staggered introduction of supply in the market. If just one-third of the potential supply hits the market in the current year, the total stock to sell will swell to 18 crore sq ft. At the current pace of sales of 2.8 crore sq ft per year, it will take 80 months to sell,’’ it said.

A real estate consultant, who did not want to be named, said he feared an oversupply of apartments in the Bandra-Khar-Santacruz market. “I anticipate 1,400 to 1,700 new flats in this belt. The current rates of Rs 50,000 to Rs 1.10 lakh sq ft in areas such as Pali Hill, Carter Road and Bandstand will not sustain,’’ he said.

Meanwhile, the redevelopment market, too, is on the rebound.

Till two years ago, builders were cancelling agreements and surrendering rights to redevelop housing societies in prime localities because of financial unviability. Premiums were high even as property prices fell, forcing builders to step back. However, things have changed now, said sources.

Source: realty.economictimes.indiatimes.com

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February 6, 2022

NAVI MUMBAI:

The NMMC had rolled out the scheme for two months with effect from October 1, 2021. Later, the scheme was extended to January 31, 2022.

The Navi Mumbai Municipal Corporation (NMMC) ) has extended the amnesty scheme for property tax defaulters to February 28. Defaulters can pay the basic amount plus 25% more, which means they will get 75% rebate on the penalty.

The NMMC had rolled out the scheme for two months with effect from October 1, 2021. Later, the scheme was extended to January 31, 2022.

The civic body had already issued notice to as many as 119 major property tax defaulters, warning that their properties, which had been seized, would be auctioned if they failed to pay tax dues. The civic body has asked the defaulters to pay up online.

“The amnesty scheme has been extended by the civic chief Abhijit Bangar till February 28, owing to the impact of Covid on jobs, business and industries. Everybody has been financially affected. This is the last extension,” said NMMC PRO Mahendra Konde.

Source: realty.economictimes.indiatimes.com

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Feb 2022.

Piramal Vaikunth

Old Mumbai-Agra Road, Bayer, Near Shivaji Nagar,
Ram Maruti Nagar, Balkum Naka, Thane West, Maharashtra 400607

MahaRERA Registration Number:

Cluster 1: P51700003535,
Cluster 2: P51700003793,
Cluster 3 T1: P51700024023,
Cluster 3 Tower 2: P51700024580,
Cluster 4: P51700003283,
Cluster 4(a): P51700005256

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Gallery (6 photos)

Piramal Vaikunth is spread across 32* acres of premium mixed-use development in Thane. Designed to offer a fulfilling sense of community living, all the majestic towers are set in a lush green habitat with the widest range of state-of-the-art amenities. Piramal Vaikunth houses residences that have been beautifully designed, setting the highest standards of luxury living in the neighborhood.

Piramal Vaikunth is strategically located away from the hustle & bustle yet well connected to major hubs of the city. It not only enjoys close proximity to several business and corporate hubs but is also situated minutes away from major attractions of the city.

Type	Residential Apartments
Type of Apartments	Cluster 1 – 2, 2.5, 3 BHKCluster 2 – 2 & 3 BHKCluster 3 – 1, 1+Study and 2BHKCluster 4/4A – 2 & 3 BHK
Amenities	CafeteriaBanquet hallCrècheATMCycling track (1.5 km)Amphitheatre seatingConvenience storeJogging route (1.6 km)Squash courtDoctor’s roomMini Cricket groundYoga & Meditation terraceMultipurpose court (Basketball & Badminton)	Cluster Specific	Multi-purpose hallSwimming poolLibraryGymnasiumIndoor games roomToddler’s play areaKid’s poolOutdoor ChessPicnic AreaTree HouseDog ParkUrban Farming ZoneSculpture Garden

Created on Feb 2022.

PIRAMAL REALTY

https://www.piramalrealty.com/

Piramal Realty has aimed to enrich lives by setting gold standards for customer-centricity, architectural design, quality and safety. Know moreWWW.PIRAMALREALTY.COM

5
Projects