This story is from March 13, 2025
Thane station to host 11-storey tower for retail space, offices, hotels
Thane is set to get modern commercial and transit facilities as Indian Railways monetises air rights by developing an 11-floor tower at Thane station. The project aims to enhance connectivity while generating long-term revenue through commercial leasing. Manthan K Mehta reports
Project highlights
The structure basement
Concourse level
Upper floors
Amenities
Development details
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Project highlights
- 9,000 sqm plot near Platform 10A, Thane Railway Station (East)
- 24,280 sqm leasable space
- 60 years lease tenure
- June 30, 2026 completion target
The structure basement
The structure basement
- Parking & services
<p>Ground & mezzanine levels<br></p>
- Railway facilities
Concourse level
- Bus movement deck
Upper floors
- Commercial use
Amenities
- Retail shops
- Food court & restaurants
- Gaming zone
- Offices
- Coaching institutes
- Hotels & service apartments
Connectivity
- 2.24km circular elevated road linking Eastern Expressway to the station.
- Dedicated bus movement deck near Platform 10.
Development details
- Jointly developed by Rail Land Development Authority (RLDA) & Thane Municipal Corporation (TMC). Tripartite agreement was signed by railway ministry, RLDA and TMC in 2023.
- Part of multi-modal Transit Hub & Station Area Traffic Improvement Scheme (SATIS-East).
Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays, public holidays, and current gold rates and silver prices in your area.
Top Comment
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Arun
146 days ago
Can we able to invest in this new upcoming commercials for shops?Read allPost comment
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