Thane District tops Mumbai region with 334,809 unsold residential units in Q1 2025, creating a supply-demand paradox as prices surge 46% amid market enthusiasm.
Thane's average home prices leaped 46% (₹13,550/sq.ft. in 2022 to ₹19,800/sq.ft. in 2025), driven by infrastructure upgrades and rising demand for compact 1BHK/2BHK units, now outperforming Mumbai's prime markets.
Luxury and mid-range housing demand surges in Pune and MMR, driven by factors like tax incentives, rising incomes, and NRI investments. Property values have increased significantly, especially in Mumbai, impacting affordability. Despite rising costs, sales remain strong, with buyers prioritizing larger homes and better amenities.