Comfort, convenience, and community makes a truly livable neighbourhood
June 2025
What makes a neighborhood truly livable? CJ Mathews, Vice President Marketing, Ashar Group explores the demand for self-sustained communities in Thane and Mulund.
A balanced ecosystem of comfort, convenience, and community is what makes a truly livable neighbourhood. At the Mulund-Thane Corridor (MTC), a fast developing niche that efficiently connects the Prince of Suburbs and the City of Lakes, this concept is being redefined with the rise of projects that are integrated.
These developments seamlessly blend residential comfort with essential lifestyle infrastructure, including schools, healthcare facilities, green spaces, and commercial zones, all within easy reach, providing residents with a comprehensive urban experience.
The demand for such selfsustained communities is rising rapidly in Thane and Mulund. Modern homebuyers, especially millennials and young professionals, prioritise lifestyle amenities and a sense of belonging over traditional housing. Gated communities in this corridor meet evolving expectations by offering a high quality of life rooted in holistic urban living. Designed to support health, convenience, and work-life balance, these developments feature amenities such as co-working spaces, fitness centres, wellness zones, landscaped gardens, clubhouses, and 24/7 security.
The proximity to Sanjay Gandhi National Park and Yogi hills adds a layer of natural serenity, while sustainable features, such as energy-efficient systems and eco-conscious layouts, reflect a growing focus on environmentally responsible living
Infrastructure growth has further elevated the livability quotient. The upcoming Mumbai Metro Line 4, from Wadala in South Mumbai to Kasarvadavali in Thane, along with projects such as the Thane Bypass Road and the Goregaon-Mulund Link Road, is expected to significantly enhance connectivity across the region.
They are drastically improving connectivity, reducing commute times, and enhancing accessibility to commercial hubs, such as Wagle Estate. These developments are drawing interest not only from domestic buyers but also from non-resident Indians (NRIs) and high-net-worth individuals, who also look to enjoy the choices that Mulund and Thane have to offer for the quality of their lives.
Additionally, recent market trends have contributed to this surge. In 2025, Shreenagar experienced a 16.93% year-overyear (YoY) price appreciation, with rates averaging ₹18,000– ₹20,000 per square foot, while Mulund surpassed ₹23,000 per square foot. Rental demand remains strong, with 2 BHKs renting for ₹35,000–₹45,000 per month.
As urban homebuyers increasingly seek integrated, future-ready lifestyles, the Mulund-Thane Corridor stands out as a compelling choice. Thane and Mulund are actively shaping the benchmark for what tomorrow’s livable cities will look like.
~ Mr.CJ Mathews
Vice President Marketing Ashar Group
Source: Thane Realty News
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