Thane Municipal Corporation (TMC) collected Rs 625 crore in property tax. This represents an increase of Rs 122.78 crore compared to the previous year (till March 2020), when TMC collected Rs 502 crore. The collection growth is 24.45%.

Thane residential prices rose 60% over five years and 46% between Q2 2022 and Q2 2025, from ₹13,550 per sq. ft. to ₹19,800 per sq. ft., according to Anarock.

Demand drivers:

• Thane at heart of MMR with increased connectivity to Mumbai
• Large-scale infrastructure enhancements worth ₹59,000 crore underway
• Four upcoming metro lines expanding connectivity
• 78% more affordable than suburban Mumbai
• Strong demand for under-construction homes over ready-to-move-in units
• Demand for smaller residential units

Infrastructure and amenities:

• 24+ reputed schools and colleges
• 12+ advanced multispeciality hospitals
• 5+ malls
• 22+ lakes spanning 111 acres

Thane Property Expo 2025 scheduled February 7–10, 2025 at Highland Gardens, Thane (W). Over 100 real estate projects and 10 financial institutions participating. Offerings include affordable homes, luxury residences, retail and office spaces. Features virtual tours, 3D models, interactive displays. Thane Municipal Corporation and MMRDA participating to share infrastructure insights. 'Laadki Bahen' initiative enables women homebuyers to book property with 1% upfront payment during expo with additional discounts. Free online pre-registration available for priority access. CREDAI MCHI Thane President Jitendra Mehta highlights exclusive discounts and promotions.

The Rail Land Development Authority (RLDA), a statutory authority under Indian Railways, is re-developing Thane railway station with an 11-storey building on the east side near platform 10A. The 9,000 sqm project, developed in collaboration with Thane Municipal Corporation (TMC) under the Station Area Traffic Improvement Scheme (SATIS E), will include: basement for parking and services, ground floor, mezzanine floor for railway facilities, concourse level for bus movement, and eight additional floors (1st to 8th) for commercial use. The RLDA has invited Expressions of Interest for leasehold rights to the commercial floors.

A 75-day traffic and power block at Mumbai’s Chhatrapati Shivaji Maharaj Terminus (CSMT), running from October 1 to December 15, 2026, will support foundation, structural and modernisation work on platforms 14 and 15 and stabling line 15. Train operations on the platforms will remain suspended until work is complete; the Rail Land Development Authority (RLDA) will then hand them back to Railways.

Seven trains will terminate at Dadar: 11002 Ballarshah–CSMT Nandigram Express, 12810 Howrah–CSMT Express, 12112 Amravati–CSMT Express, 11020 Bhubaneswar–CSMT Konark Express, 22120 Madgaon–CSMT Tejas Express, 22144 Bidar–CSMT Express and 22108 Latur–CSMT Express. Train 12134 Mangaluru–CSMT Express will terminate at Thane.

The Union Cabinet approved the redevelopment at a cost of ₹2,450 crore. Its completion deadline, initially March 2026, has been extended to October 2028. The project aims to add modern facilities while preserving the UNESCO World Heritage station’s heritage.