Top 10 Developers in Thane in 2023

Thane offers an ideal investment opportunity for property buyers. With excellent connectivity, competitive property values, and robust social infrastructure, Thane provides the perfect blend of convenience and affordability. After witnessing a 13 percent growth in property prices in the last five years, the average property rate in Thane stands at around Rs 17,650 per sq ft.

While the options are plenty, 99acres has compiled a list of renowned developers in Thane who have delivered high-quality projects within RERA-defined timelines.

List of top 10 builders in Thane in 2023

Lodha Group

Established in 1980, Lodha Group has emerged as a prominent name in the construction and development of residential and office spaces. Headquartered in Mumbai, the group has a strong presence in major cities across India, including Mumbai, Thane, Pune, and Hyderabad. Lodha Group has delivered seven projects in Thane.

New Residential and commercial projects by Lodha Group in Thane

Some of the residential and commercial offerings by the developer in Thane are mentioned in the table below:

Kalpataru Limited

Established in 1969, Kalpataru Limited is a renowned real estate company and a key player in the Thane-Mumbai market. Kalpataru Limited has consistently raised the bar in real estate development, constructing sustainable and value-driven homes and offices. The multinational group has also forayed into civil infrastructure, retail, facility management, and logistics. The group has won several awards for their high-rise developments and interior design. Furthermore, the group has delivered 110 projects to 19,500 families across nine Indian cities.

New Residential and Commercial Projects by Kalpataru Limited

Some of the renowned projects offered by Kalpataru Limited in Thane are mentioned in the table below:

Hiranandani Group

Hiranandani Group was founded by Niranjan Hiranandani and Surendra Hiranandani in 1978 and has a presence in Thane, Mumbai, Bangalore, Chennai, and Hyderabad. The Mumbai-based developer has a diverse portfolio in real estate, education, healthcare and hospitality.

Since its inception, Hiranandani Group has developed around 40 million sq ft area and delivered over 22,000 homes. The builder is known for premium developments like condos, penthouses, and townships in Thane and Mumbai.

New Residential and Commercial Projects by Hiranandani Group in Thane

Here are some of the renowned offerings by the Hiranandani Group in Thane:

Runwal Developers

Runwal Group, established in 1978, is a popular real estate developer in Mumbai and Thane. The group focuses on residential, commercial, and retail projects. Runwal has a successful track record of delivering over 42 projects. It primarily operates in the residential sector's luxury apartments and township categories. Additionally, Runwal owns and manages a mall chain in Mumbai and Thane. Currently, Runwal Developers is managing 14 ongoing projects, with approximately 1.21 million sq m under development in Mumbai and the MMRDA region.

New Residential Projects by Runwal Developers

Runwal Group has delivered many projects in Thane. Here is a table with some of their ongoing projects:

Dosti Realty

Dosti Realty has been a trusted name in real estate for over 40 years. It has delivered more than 129 properties. Currently, Dosti Realty is constructing around 6 million sq ft of residential and commercial landmarks in Thane and Mumbai. The group has a proven residential, retail, and IT park development portfolio and delivered over 15,000 homes across India.

New Residential and Commercial Projects by Dosti Realty

Dosti Realty has delivered some benchmark projects in Maharashtra. Here are some of its latest offerings:

Godrej Properties

Godrej Properties is the real estate arm of the Godrej Group. Established in 1990, Godrej Properties has become a trusted name in the real estate sector and has delivered projects in residential and commercial spaces across multiple cities in India. Today, it has a strong presence in Tier-1 cities like Mumbai, Thane, Bangalore, Delhi-NCR, Kolkata, and Chennai. The group has won major awards, including The Most Trusted Real Estate Brand in 2019 from the Brand Trust Report.

In the third quarter of FY23, Godrej Properties added nine new residential projects in key locations, such as the National Capital Region (NCR), Mumbai Metropolitan Region (MMR), and Pune. These projects collectively garnered an estimated booking value of Rs. 23,050 crore.

New Residential and Commercial Projects by Godrej Properties

The following table highlights new offerings by Godrej Properties in Thane:

Puraniks Builders

Established in 1990, Puraniks Builders is a real estate developer in Maharashtra, providing residential and commercial solutions in Thane, Lonavala, Neral, and Pune. Puraniks Group developed over 4.21 Lakh sq m in the last two decades. Today, Puraniks Group has over 9.88 lakh sq m under construction.

New Residential and Commercial Projects by Puraniks Builders

Here is a list of some of the popular offerings by Puraniks Builders in Thane:

Rustomjee

Established in 1996, Rustomjee Group is a renowned real estate developer with a strong presence in Thane and Mumbai. The group focuses on creating residential and commercial spaces that meet the evolving needs of modern residents. With a diverse portfolio that includes gated communities, premium townships, standalone landmarks, and commercial complexes, Rustomjee has played a significant role in transforming the real estate landscape of Mumbai and beyond.

Rustomjee has constructed over 280 buildings and delivered around 14,000 homes. Moreover, it has two township projects under its belt. Since the last two decades, it has delivered seven projects in Malad, four in Bandra and Dahisar, and three in Goregaon. With a focus on sustainability and customer satisfaction, Rustomjee remains a trusted name for those seeking high-quality properties in Mumbai and Thane.

New Residential Projects by Rustomjee in Thane

Some of the renowned projects offered by Rustomjee are mentioned in the table below:

Piramal Realty

Piramal Realty is the real estate arm of the Piramal Group. It was founded in 2012 by Anand Piramal. The group focuses on luxury residential and commercial properties. With projects covering 15 million sq ft, Piramal Realty is known for its collaborations with renowned design and structural experts to ensure high-calibre developments. In 2019, the developer received private equity investments of approximately USD 235 million.

New Residential Projects by Piramal Realty

The table below offers information regarding residential projects by Piramal Realty in Thane:

Raymond Realty

Raymond Realty is one of the newest entrants in Thane's real estate market. It is a part of the Raymond Group, which is synonymous with Fashion and Lifestyle. Recently, the group completed the first three towers in its maiden project, ‘TenX Habitat’, in Thane, two years before the RERA timeline.

New Residential Projects by Raymond Realty

Some of the residential offerings by Raymond Realty are mentioned below:

When it comes to selecting a reputable builder and narrowing down the right project, the task can be challenging. However, the provided list gives you a valuable starting point to explore the latest offerings from reputed developers in Thane. But, before you make any investment decision, it is crucial to dig deeper into the developer's track record, construction quality, RERA registration details, and expected possession schedules. For a comprehensive understanding, consider visiting the project site personally to assess its present status before you proceed with booking your desired flat.

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