Set alongside the coveted Pokhran Street hall, in growth settlement with Prakash CHS and Sargam CHS, the mission is designed to seize the town’s evolving demand for lifestyle-driven and investment-smart properties
Thane, 15 September 2025: Home of Swamiraj, an actual property growth model within the Mumbai Metropolitan Area, has inked a Rs. 180 crore growth settlement with Prakash CHS and Sargam CHS, two well-established Thane-based housing societies, for a brand new premium residential mission on an roughly 2,000 sqmtr plot space off Pokhran Street, Thane West.
The settlement, signed within the presence of administrators Jason Samuel, Ajay Kedare, Gordon Monteiro, and Rajesh Wayal, marks the group’s second main milestone in simply three months.
Strategically positioned alongside one in all Thane’s most coveted residential corridors, the mission goals to cater to rising demand for refined, lifestyle-centred housing with fashionable design and high-value residing. It underscores Home of Swamiraj’s intent to create benchmark developments that ship enduring worth for each homebuyers and buyers.
Sharing his ideas on the milestone, Jason Samuel, Director, Home of Swamiraj, stated, “Signing this Rs. 180-crore growth settlement isn’t just about including one other mission to our portfolio; it displays the arrogance that homebuyers and buyers place in our imaginative and prescient.
Thane at present is on the coronary heart of one of the thrilling city transformations in India. The town has moved far past being a suburban extension of Mumbai and is now a self-sustained residential and enterprise hub with world-class infrastructure, connectivity, and way of life choices.
With rising demand for premium housing, patrons are not wanting solely at sq. footage; they’re looking for high quality areas that help fashionable aspirations and long-term worth.
This mission on Pokhran Street will embody that shift, mixing design, reliability, and way of life to set a brand new benchmark for what premium residing in Thane ought to symbolize.”
Thane continues to say itself as MMR’s actual property hotspot, with common residential costs rising 46 p.c in simply three years, from roughly Rs. 13,550 per sq ft in Q2 2022 to Rs. 19,800 per sq ft by Q2 2025. Micro-markets similar to Pokhran Street command even increased values, averaging round Rs. 20,700 per sq ft.
Demand can be shifting strongly towards premium and luxurious housing. Within the first half of 2025, the premium phase, which incorporates properties priced above Rs. 1 crore, accounted for 62 p.c of all actual property gross sales throughout India.
This pricing and gross sales development aligns carefully with Home of Swamiraj’s positioning of its new mission as each aspirational and investment-smart.
Home of Swamiraj already boasts a robust pipeline throughout the MMR, delivering revolutionary residential and mixed-use developments that stability considerate design, trusted building, and lifestyle-oriented facilities.
The brand new Thane West mission is backed by stable monetary dedication and growth functionality, reinforcing the model’s enchantment to each end-users and buyers looking for premium alternatives.
Disclaimer:- This story has not been edited by SugerMint workers and offered by the company. SugerMint won’t be accountable in any approach for the content material of this story.
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