An Emerging Chapter Near Ghodbunder Road
There is a particular kind of anticipation that surrounds land that has been quietly held, waited upon, and finally readied for its purpose — and that is precisely the story unfolding near Majiwada and Ghodbunder Road in Thane. Oberoi Realty, a name that has long shaped Mumbai's skyline with restraint and quality, is preparing to bring a new residential address to life on a substantial landholding in this part of the city, one that carries the backdrop of the Yeoor Hills and the tranquil presence of Yeoor Lake nearby.
This prelaunch development traces its origins to a landmark transaction: in 2019, Oberoi Realty concluded the purchase of a roughly 60-acre parcel in Thane, previously held by GlaxoSmithKline Pharmaceuticals, for close to ₹890 crore. Oberoi Realty Ltd said it has bought around 60 acres of land in Thane, Maharashtra from GlaxoSmithKline Pharmaceuticals for nearly Rs 890 crore, admeasuring approximately 2,40,140 square meters located at Thane, Maharashtra. It is this expanse, once industrial ground, now being reimagined for residential living, that anchors the promise of homes rising near Majiwada Junction and the arterial reach of Ghodbunder Road.
At this stage, the project remains in its formative prelaunch phase. No MahaRERA registration has been issued yet, and formal configurations, tower plans, and pricing are still being finalised by the developer. What is known — and what makes this address worth watching — is its setting: a locality already home to Oberoi Realty's own Garden City development on Pokhran Road 2, and one where the developer's four-decade legacy of design-led, dependable construction precedes it.
For homebuyers who have watched Thane transform from a satellite suburb into a self-sufficient city of malls, schools, hospitals, and highways, an early registration of interest here is less a leap of faith and more a considered wager on a developer who rarely launches without long-term intent.
