Proposed Rezoning in Majiwada Could Transform Thane Suburb

The Thane Municipal Corporation filed rezoning papers on July 9 that would shift 52 hectares of Majiwada industrial plots to mixed residential and commercial zoning.

The proposal arrives as Thane records its strongest housing demand in five years, with buyers priced out of central Mumbai seeking options within 20 kilometres of the Eastern Express Highway.

Local Streets and Landmarks in Play

The affected parcels sit between Wagle Estate Road and the Kapurbawdi junction, directly north of Upvan Lake and west of the Lokmanya Nagar railway station. Several plots back onto the Thane-Belapur pipeline corridor, where small engineering units currently operate. The Thane Chamber of Commerce has scheduled a site walk for members on July 18 to assess access roads and drainage lines that would need widening under the new rules.

Residents in the adjacent Naupada housing societies have already formed a coordination group to track how the change might affect water supply from the TMC’s existing 150 million litre per day plant.

Prices and Timelines on Record

Current industrial land in the same pocket trades at Rs 9,800 per square foot, while nearby residential rates reached Rs 14,200 per square foot in the second quarter of 2026, according to Thane district registration data. The draft notification sets a public hearing for August 4 at the TMC headquarters on Netaji Subhash Chandra Bose Road. Developers who secure approvals before December 2027 would receive a 10 percent floor space index bonus under the city’s current policy.

Buyers considering future projects should monitor the final gazette notification expected by late September and consult the TMC’s planning department for updated development control regulations before signing any advance agreements.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.