
Strategically located along one of Thane’s most sought-after residential corridors, the project aims to meet the growing demand for refined, lifestyle-centric housing, offering modern design and high-value living. It underscores House of Swamiraj’s vision of creating benchmark developments that deliver lasting value for both homebuyers and investors.
Jason Samuel, Director, House of Swamiraj, said, “Signing this ₹180-crore development agreement is not just about adding another project to our portfolio; it reflects the confidence that homebuyers and investors place in our vision. Thane today stands at the heart of one of India’s most exciting urban transformations. The city has moved far beyond being a suburban extension of Mumbai and has emerged as a self-sustained residential and business hub with world-class infrastructure, connectivity, and lifestyle options. With rising demand for premium housing, buyers are no longer seeking only square footage; they want quality spaces that support modern aspirations and deliver long-term value. This project on Pokhran Road will embody that shift, blending design, reliability, and lifestyle to set a new benchmark for premium living in Thane.”
Thane continues to strengthen its position as MMR’s real estate hotspot, with average residential prices rising 46 percent in just three years—from approximately ₹13,550 per sq. ft. in Q2 2022 to ₹19,800 per sq. ft. in Q2 2025. Micro-markets such as Pokhran Road command even higher values, averaging around ₹20,700 per sq. ft. Demand is also increasingly shifting toward premium and luxury housing. In the first half of 2025, the premium segment—homes priced above ₹1 crore—accounted for 62 percent of all real estate sales across India. This pricing and sales trend aligns seamlessly with House of Swamiraj’s positioning of its new project as both aspirational and investment-smart.
House of Swamiraj already has a strong pipeline across the MMR, delivering innovative residential and mixed-use developments that balance thoughtful design, trusted construction, and lifestyle-driven amenities. Backed by solid financial commitment and robust development capability, the new Thane West project further reinforces the brand’s appeal to both end-users and investors seeking premium opportunities.