Metro Group Announces 4 Luxury Housing and Commercial Projects

Introduction

Real estate company Metro Group has announced four luxury housing and commercial projects. Such as Pokhran Road, Wagle Industrial Estate, and Majiwada. which will encompass over 2 million square feet of development. They are projected to yield a revenue potential exceeding ₹1,000 crore within three years. “Export foresees immense potential in the luxury segment in Thane.”

Table of Contents

• Metro Group Has Announces 4 Projects
• What is the Real Estate Company Metro Group?
• Thane’s Real Estate Market is Booming
• Frequently Asked Questions

The renowned Metro Group is making a significant debut in the Thane real estate market with four impressive projects. Investing a staggering ₹250 crore. These extraordinary developments are tailored to cater to discerning buyers seeking premium luxury homes and commercial properties.

The four upcoming projects are located in Thane’s flourishing micro-markets. Pokhran Road, Wagle Industrial Estate, and Majiwada will encompass over 2 million square feet of total development. Presenting a remarkable revenue potential of over ₹1,000 crores within three years.

Metro Group Has Announces 4 Projects

These projects will offer a mix of residential, commercial, and retail spaces catering. To the diverse needs of the growing population in Thane. With modern amenities and strategic locations, they are poised to become sought-after destinations for both investors and end-users. The projects are designed to enhance the quality of life. For residents and provides a seamless blend of work, leisure, and living spaces.

“We recognize an immense opportunity in the luxury segment in Thane. We envision Thane as India’s premier city with all amenities. Will be within a 15-minute reach,” stated Mahesh Gala, Managing Director of Metro Group.

“Our vision is to create a lifestyle ecosystem in Thane that aligns with the city’s future development. Aspirational living for the business and professional classes. We aim to provide a seamless blend of modern amenities, green spaces, and convenience for our residents. Our goal is to redefine urban living in Thane and set a new standard for luxury and comfort,” he said.

The company plans to complete these projects before 2027. with 70% of the space dedicated to Uber 3 & 4 BHK luxury homes in ticket sizes of ₹2 crores to ₹5 crores. The remaining 30% of the development will be commercial, semi-luxury, and high-end retail spaces. This strategic allocation aims to attract high-end customers looking for premium residential options. As well as commercial tenants seeking upscale retail and office spaces. By diversifying the offerings, the company hopes to maximize revenue potential.

What is the Real Estate Company Metro Group?

Metro Group is a leading real estate developer in India known for its high-quality residential and commercial projects. They have a strong presence in major cities across the country. Are recognized for their innovative designs and customer-centric approach. Metro Group has successfully delivered numerous projects that have set new benchmarks in the industry.

They are committed to providing sustainable and luxurious living spaces for their customers. Metro Group has won several awards for its excellence in the real estate sector. It has a reputation for timely project delivery. Their commitment to quality and customer satisfaction sets them apart from other developers in the market.

Thane’s Real Estate Market is Booming

Infrastructure Development:

Thane has seen significant infrastructure upgrades, including improved road connectivity. The expansion of rail networks, and the upcoming metro lines. Key roads like Ghodbunder Road and Eastern Express Highway connect Thane seamlessly to Mumbai and Navi Mumbai. The proposed Thane-Borivali underground tunnel and the upcoming Metro Line 4 (Wadala-Thane-Kasarvadavali) are expected to further boost connectivity and real estate demand.

Proximity to Employment Hubs

Thane’s proximity to major commercial and IT hubs. Such as those in Powai, Navi Mumbai, and Airoli, have attracted a large working population to the area. This has spurred demand for residential properties. Particularly in locations like Pokhran Road and Wagle Industrial Estate.

Affordable and Premium Housing Options

Thane offers many housing options, from affordable apartments to luxury residences. Areas like Ghodbunder Road and Majiwada have seen the development of high-end residential projects. They were catering to the growing demand for luxury living.

Green and Sustainable Living

Thane is known for its green spaces. With areas like Yeoor Hills and Upvan Lake offering a serene environment. Developers have capitalized on this by incorporating eco-friendly designs and amenities into their projects. They are appealing to buyers looking for sustainable living options.

Social Infrastructure

Thane has a well-developed social infrastructure. Including reputed schools, hospitals, shopping malls, and entertainment centers. This makes it an attractive destination for families.

Commercial Growth

The commercial real estate segment in Thane is also expanding. Has new office spaces, IT parks, and retail developments. Wagle Industrial Estate was once an industrial zone. It is transforming into a commercial and IT hub. Driving demand for both commercial and residential properties.

Conclusion

These projects will cater to the growing demand for high-end residential and commercial spaces in the city. Offers top-of-the-line amenities and modern design concepts to attract discerning buyers and tenants. Metro Group’s reputation for quality construction and timely delivery ensures. These projects will be completed to the highest standards. Further solidifying its position as a leading developer in the market. For more information, visit openplot.

Frequently Asked Questions