Majiwada in Thane has become one of the Mumbai Metropolitan Region’s fastest-growing residential and commercial hubs (MMR). The area’s location, connectivity and infrastructure make it a hot favourite among homebuyers, businesses and investors.
This is further boosted by premium projects like Rustomjee Verdant Vistas which offers luxury and convenience. If you want to invest in Majiwada Thane then understanding the Majiwada Thane property rates and its benefits is a must. This blog post explores the growth of Majiwada from both residential and commercial perspectives.
Real Estate Development
Majiwada has seen a big transformation in the real estate sector. Over the last decade, this suburb has become a real estate destination offering modern and well-planned housing projects and investment opportunities. Developers have seen the potential of Majiwada and it has become a hot favourite for luxury homes.
Property Types
- Compact Flats: 1 BHK affordable flats for first-time buyers or small families.
- Premium Flats: 2 and 3 BHK flats with modern amenities and green spaces.
- Luxury Homes: Projects like Rustomjee Majiwada offer modern luxury with sleek designs and premium facilities.
- Commercial Spaces: Majiwada has seen a huge demand for office spaces and retail units.
| Property Price Trends | ||
| Year | Average Price (₹ per sq ft) | YOY Growth (%) |
| 2018 | 9,500 | 8% |
| 2020 | 10,800 | 4.85% |
| 2023 | 13,500 | 9% |
Read Also: Is Land Investment a Smart Strategy for Beginners?
Commercial Growth in Majiwada
Majiwada’s commercial growth has been a major contributor to its overall growth. Businesses and investors are attracted towards this area because of its connectivity, infrastructure and talent pool.
Business Centres and Office Spaces
Co-working spaces and modern office buildings in Majiwada have changed the commercial landscape. These are for startups, SMEs and big corporations who want to set up their base in a prime location.
Retail Developments
Shopping malls and retail outlets, such as Viviana Mall and other upcoming projects, have transformed Majiwada into a retail hub for residents and visitors. With high footfalls and excellent connectivity, these developments are emerging as promising investment opportunities.
Commercial Investment Trends
- High rental yields for retail and office spaces.
- Multinational companies and startups looking for well-connected office spaces.
- Increase in developments of mixed-use projects combining residential and commercial spaces.
Read Also: Investment Analysis: Premium Properties in Mumbai vs Pune Real Estate Market
Infrastructure Development
Infrastructure in Majiwada has been the biggest driver of its transformation into a modern city. Over the last decade, huge investments have gone into public utilities, transportation and urban planning making life and property values in the area better.
Road Network Developments
- Wider Roads: Internal roads have been widened, reducing congestion and improving traffic.
- Better Traffic Management: Flyovers and service roads have been built to ease traffic at busy junctions.
Metro Connectivity
- Time-Saving: The upcoming metro will significantly reduce travel time to central Mumbai, making the area more appealing to professionals and businesses.
- Last-Mile Connectivity: Metro feeder buses and pedestrian-friendly walkways will enhance convenience, ensuring seamless commuting for residents.
Urban Planning Initiatives
Thane Municipal Corporation (TMC) has initiated several urban planning initiatives for Majiwada, including:
- Smart parks and recreational areas.
- Energy-efficient street lighting and rainwater harvesting systems.
- Aesthetic projects like gardens and public art.
Lifestyle Amenities
- 24-hour water supply and modern drainage system for a comfortable living.
- Waste management and eco-friendly initiatives like segregation of garbage.
Property Rates Analysis
Majiwada Thane property rates are increasing due to demand and infrastructure development.
Current Rates
Majiwada Thane property rates range from ₹13,000–₹15,000 per sq ft, depending on the project and location. Rustomjee Majiwada projects command a premium due to their quality and amenities.
| Property Type | Price Range (₹ per sq ft) | Example Projects |
| Affordable Apartments | ₹10,000–₹12,000 | Mid-segment developments |
| Premium Apartments | ₹13,000–₹15,000 | Rustomjee Thane |
| Luxury Apartments | ₹15,000+ | High-end projects near Ghodbunder |
Year-on-Year Growth
Majiwada has seen a YoY growth of 7–9%. This will continue due to the upcoming metro line, demand for residential units and crucial location.
Investment Potential
- Rental Yields: Being close to business hubs, it has a high demand for rentals and yields 3–5%.
- Capital Appreciation: Experts expect 10–12% growth in property value in the next 3–5 years, making it a long-term investment hotspot.
Social Infrastructure in Majiwada
Majiwada has a complete social infrastructure for families, professionals and retirees. The combination of educational institutions, healthcare facilities and lifestyle amenities makes it a self-sufficient and attractive area.
Educational Institutions
- DAV Public School: Known for its academic and extracurricular activities.
- Orchid International School: A CBSE school offering holistic education.
Healthcare Facilities
- Jupiter Hospital: Multi-speciality hospital with international standards, offering advanced treatments and patient-focused care.
- Bethany Hospital: Experienced doctors and modern facilities ensure high-quality healthcare services.
Entertainment and Lifestyle
- Viviana Mall: One of the largest malls in Thane, it has global brands, fine dining restaurants, and a multiplex.
- Recreational Parks: Having open spaces and jogging tracks for an active life.
- Cultural Venues: Events, plays, and art exhibitions happen regularly in the area.
Connectivity Advantages
One of the biggest advantages of Majiwada is its connectivity which has been a major factor in its growth. With direct connectivity to major transportation hubs, business districts and urban amenities, Majiwada offers unmatched convenience to residents and professionals.
Major Roads
- Eastern Express Highway: This highway connects to Mumbai, South Mumbai, and other parts of the MMR. Residents can reach Bandra, Dadar, or Lower Parel in 30–40 minutes, depending on traffic.
- Ghodbunder Road: This road connects to the Western Express Highway and provides access to Mira Road, Borivali, and the western suburbs.
Railway Connectivity
Majiwada is just 10–15 minutes from Thane Railway Station which is a major station for central and trans-harbour railway lines.
- Central Line: Direct connectivity to Mumbai CST, Dadar and Kurla for office goers and students.
- Trans-Harbour Line: Thane to Navi Mumbai for professionals working in IT hubs like Airoli and Vashi.
Airports and Business Hubs
- Mumbai International Airport: Majiwada is just 30–40 minutes away from the airport, perfect for frequent flyers.
- Business Hubs: Residents can reach Powai, Vikhroli and Bandra-Kurla Complex (BKC) in 30–40 minutes, reducing travel time significantly.
Investment Guide
Majiwada is becoming a hot destination for property investments. Whether you are a first-time home buyer or looking for a high return on investment, Majiwada has something for you.
Best Places to Invest
- Majiwada Junction: Near Eastern Express Highway and metro stations, perfect for premium and mid-segment housing.
- Ghodbunder Road: Affordable housing with good future appreciation, supported by excellent connectivity and infrastructure development.
Property Types to Invest
- Luxury Apartments: Luxury projects like Rustomjee Verdant Vistas are a premium development with high-end amenities, green features and good ROI.
- Commercial Spaces: Investors looking for rental income can cash in on the demand for offices and retail spaces in Majiwada.
- Affordable Housing: Mid-segment developments offer value-for-money homes with strong appreciation potential, making them an attractive option for those on a budget.
Time to Invest
Invest now to take advantage of rising property values and ongoing infrastructure development. The metro and new projects will further enhance the area’s appeal, making it a promising location for long-term growth.
Financial Planning
- Go with reputed developers like Rustomjee Thane for quality, transparency and timely possession.
- Use home loans wisely and take advantage of low interest rates from leading banks.
Takeaway
Majiwada has become one of the top destinations in Thane, with great connectivity, solid infrastructure and a booming real estate market. With projects like Rustomjee Verdant Vistas, the area offers modern homes for families, professionals and investors.
The future of Majiwada looks good with upcoming infrastructure, metro and smart city projects. If you are looking for a property with luxury, convenience and good appreciation, Majiwada is the place to be. Explore Rustomjee Verdant Vistas today! Step into a world of unparalleled comfort and modern living in Majiwada!
FAQs
- What makes Majiwada attractive for commercial development?
Its strategic location near highways, robust infrastructure, and growing demand for retail and office spaces attract multinational companies and businesses for commercial developments.
- How has the property market grown in the last 5 years?
Majiwada has experienced an annual growth of 7-9% over the last 5 years, driven by infrastructure development, the upcoming metro, and improved connectivity. Experts expect this growth trend to continue in the near future.
- What are the commercial developments planned in Majiwada?
Several commercial projects are in the pipeline, including modern offices and high-street retail spaces. These developments are designed to cater to the growing demand from startups, SMEs, and multinational corporations looking for well-connected business locations.
