How the Green Line, Metro 10 and Thane’s Internal Ring Metro converge to revalue a once-‘terminal’ suburb
By Arosh John – Founder, John Real Estate (MahaRERA Reg. No. A51700001835) & Editor-in-Chief, Thane Real Estate News (TREN)
Thane–MMR | December 2025
For years, Gaimukh and Kasarvadavali sat at the “last-stop” end of Ghodbunder Road – a mix of mid-rise housing, village pockets and weekend eateries that felt comfortably far from the city’s core.
That mental map is now outdated.
Three separate but interconnected pieces of metro infrastructure are converging here:
- The Green Line spine – Metro Line 4 (Wadala–Thane–Kasarvadavali) with its Line 4A extension to Gaimukh.
- The new Metro Line 10 from Gaimukh to Shivaji Chowk (Mira Road), where tenders are being prepared.
- The Thane Integral Ring Metro – a 29 km loop with its main depot planned at Kasarvadavali.
Together, they are quietly turning the short Gaimukh–Kasar belt into a three-way junction market – and potentially one of Thane’s most important price-discovery zones over the next decade.
1. The Green Line Has Already Shifted the Map
The starting point is the Green Line – Mumbai Metro’s east–west arc that will connect Mira–Bhayander to Wadala and, through Line 11, extend further towards south Mumbai and CSMT.
Key facts:
- Metro Line 4 (Wadala–Kasarvadavali) spans about 32.3 km with 30 elevated stations, running from Wadala via Ghatkopar, Mulund and Teen Hath Naka to Kasarvadavali.
- Line 4A extends this spine from Kasarvadavali to Gaimukh, adding two stations – Gowniwada and Gaimukh – on the Ghodbunder Road stretch.
- Taken together with Line 10 and Line 11, the Green Line network will form a roughly 60 km corridor with around 48 stations, linking Shivaji Chowk (Mira Road) – Gaimukh – Kasarvadavali – Wadala – CSMT as one continuous system.
Separately, the wider Green Line will be supported by a large integrated car depot at Mogharpada in Thane, on the Ghodbunder Road belt, serving Lines 4, 4A, 10 and 11. The Mogharpada land parcel – already well-known locally because of the land acquisition and rehabilitation debates around it – is being positioned as a key operations and maintenance hub for the Green Line.
In simple terms, Gaimukh is no longer a “far-end” bus terminus. It is being wired directly into a city-scale metro system that touches the harbour side and, in time, CSMT / Fort.
For residential buyers along Ghodbunder Road, the visible viaducts, stations and test runs are already shifting perception from “outer Thane” to “metro-front Thane”.
2. Metro 10: Gaimukh to Mira Road – The Western Arm
The second layer is Metro Line 10 – the westward arm from Gaimukh in Thane to Shivaji Chowk in Mira–Bhayander.
In broad terms:
- It is a fully elevated corridor of roughly 9.7 km.
- It is expected to have five stations: Gaimukh Reti Bandar, Chena Village, Varsava Village, Kashimira and Miragaon / Shivaji Chowk (Mira Road).
- The estimated project cost is in the region of ₹8,000 crore.
- The tender process is slated to start by mid-December 2025, with an indicative construction period of about three years from the start of work.
On the ground, this reshapes daily commuting patterns:
- For Ghodbunder Road residents:
A resident in Gaimukh or Kasarvadavali will effectively have a two-change journey to both Thane and Mira Road – one arm taking them into Thane / Wadala, another taking them to Mira–Bhayander and Metro Line 9. This reduces sole dependence on the heavily loaded Ghodbunder highway. - For Mira–Bhayander residents:
They get their first direct mass-transit link to Thane and the Green Line, instead of relying only on Western Railway and road bridges.
Strategically, Gaimukh turns into the hinge point where this east–west movement crosses over.
3. Thane Integral Ring Metro: Kasarvadavali as the Operations Brain
The third layer sits entirely inside Thane city: the Thane Integral Ring Metro (TIRM), often simply called the Thane Metro.
Core project contours:
- Length of about 29 km, forming a loop that starts and finishes at Thane Junction, touching Wagle Estate, Manpada, Waghbil, Balkum, Kolshet and Rabodi along the way.
- 22 stations in total, a mix of elevated and underground sections, including both the old and new Thane railway stations.
- Implementing agency: Maharashtra Metro Rail Corporation (Maha Metro).
- A target operational date around 2029, as per the Union Cabinet approval.
The key detail for the Gaimukh–Kasar belt is this:
The main depot for the Ring Metro is planned at Kasarvadavali, on a land parcel of roughly 18 hectares, making this location the primary stabling and operations base for the entire loop.
On the execution front:
- A Detailed Design Consultant has already been appointed for one part of the alignment.
- Separate tenders are in circulation for the Kasarvadavali depot design, environmental assessment and social impact / rehabilitation work.
- The first major elevated civil package – covering the Railadevi–Balkum viaduct loop on the western side – has completed bidding and moved into advanced stages of award, paving the way for pier and span work to follow.
In metro systems worldwide, depot locations matter. They tend to evolve into long-term operations hubs, bringing:
- staff housing and support facilities,
- upgrades to utilities and drainage,
- new or widened internal roads and last-mile connectivity, and
- a steady, non-cyclical institutional presence.
For Kasarvadavali, acting as the depot node for the Ring Metro is a structural, not cosmetic, advantage.
4. From “End of the Line” to Three-Way Junction
Viewed together, these three layers alter the way the micro-market has to be read.
Within a short radius, the Gaimukh–Kasarvadavali belt will stand at the meeting point of:
- The Green Line trunk – Lines 4 and 4A tying Thane’s western edge to Wadala and, through Line 11, to CSMT and south Mumbai.
- Metro Line 10 – a new westward arm connecting Gaimukh to Mira–Bhayander and Metro Line 9.
- Thane Integral Ring Metro – a circular line stitching together Thane’s internal residential and commercial pockets, with its depot at Kasarvadavali.
We have already seen how such nodes behave elsewhere in Mumbai:
- Ghatkopar transformed once it became a railway + Metro Line 1 interchange.
- Andheri East moved beyond being just an office belt after Metro Line 1 and Metro Line 7 intersected there.
- Dahisar East saw a second round of interest when it became a node linking Metro Line 7 and Metro Line 9.
In each case, locations that once felt like “end points” became “through junctions”, and their pricing and rental dynamics caught up over time.
Gaimukh–Kasarvadavali is now on a similar path – but still in its pre-junction pricing phase.
5. Reading the Gaimukh–Kasar Micro-Market in Three Rings
For investors and homebuyers, it helps to think of the belt in three concentric “rings” around the upcoming stations, depot and access roads.
Ring 1: 0–500 Metres – Station and Depot Influence Zone
This is the most sensitive band:
- Plots directly along Ghodbunder Road near Gaimukh, Gowniwada and Kasarvadavali stations.
- Land touching the access routes feeding into the Kasarvadavali depot.
Over a 5–10 year period, this zone is the most likely to see:
- Mid to high-rise residential projects making fuller use of available FSI.
- Daily-needs retail and convenience services built around commuter footfall.
Developers here are effectively selling “junction-front Thane”, not just generic Ghodbunder Road frontage.
Ring 2: 500 Metres–1.5 km – Junction Neighbourhoods
This ring covers:
- Established residential pockets in Waghbil, Bhayandarpada and interior Kasarvadavali layouts.
- Internal roads that will get upgraded as metro-related traffic patterns settle.
Typically, this band experiences:
- A second layer of mid-rise housing supply.
- Demand for villas / row-houses from buyers who prefer a slightly quieter environment but want quick access to stations.
- Land-banking and small redevelopments once the lines are fully operational and ridership stabilises.
Price discovery here usually happens in steps – an initial move when construction becomes visible, and another when the metro lines actually open.
Ring 3: 1.5 km and Beyond – Future Catchment and Spillover
Further out lie:
- More peripheral village belts and open tracts.
- Areas that, today, feel disconnected from the main Ghodbunder spine.
In the short term, impact is limited. As travel times compress, however:
- Low-rise housing clusters, logistics-light uses and budget formats often begin exploring these locations.
- Developers start to position projects as “metro-linked via junction”, even if residents need a short feeder ride to reach the stations.
For patient capital, this outer band is less about quick trading and more about riding the second or third wave of Ghodbunder Road’s urbanisation.
6. Timelines, Risk and the Investor’s Lens
Any serious junction thesis must recognise time and execution risk:
- The Green Line (Lines 4 and 4A) has made visible progress but has also seen revised deadlines. Current indications point to phased openings across the latter half of this decade.
- Line 10 is entering the tendering phase, not full-scale construction. Even with a three-year build plan, actual commissioning will depend on land acquisition, clearances and engineering challenges.
- The Thane Integral Ring Metro has secured Cabinet approval, with early design and consultancy contracts awarded and a 2029 target, but civil work will proceed section by section.
From an investment perspective:
- This is not a 12–18 month play.
- It is a 5–10 year urban-infrastructure story, built on the idea that junction-plus-depot locations are structurally revalued once the overall network starts functioning as an integrated system.
That makes the Gaimukh–Kasar belt particularly relevant for:
- End-users who can live with a few years of construction activity in return for future multi-line connectivity.
- Medium-horizon investors willing to hold through at least one full metro commissioning cycle.
7. What This Means for Homebuyers on Ghodbunder Road
For someone evaluating options along Ghodbunder Road today, the implications are straightforward.
Also Read: Unified Metro Authority in MMR: How This Policy Shift Enhances Thane’s Launch Appeal
7.1 Reframing the Belt
Gaimukh–Kasarvadavali is no longer just the “far end” of Thane. On the map, it is evolving into:
- A terminal / origin point for Metro Line 10 towards Mira–Bhayander.
- A through-station stretch on the Green Line towards Wadala and CSMT.
- The depot anchor for Thane’s own Ring Metro at Kasarvadavali.
7.2 Pricing vs Potential
Current pricing in parts of this belt still reflects a peripheral discount versus more central Thane locations such as Majiwada, Manpada or Kolshet. As junction roles and depot functions become real, it is logical to expect that discount to narrow over time.
Also Read: Thane Internal Ring Metro Inches Closer to Groundbreaking — Tenders Live, Consultants Appointed
7.3 Product–Market Fit
- Young families and first-time buyers get a chance to secure multi-corridor connectivity at comparatively lower ticket sizes.
- Investors can focus on assets within realistic walking distance or short-feeder distance from future stations and the depot approach roads, instead of speculating on any plot simply labelled “Ghodbunder Road”.
Ignoring the Gaimukh–Kasar belt in a 10-year Thane strategy is increasingly less a matter of taste and more a question of whether the research has been done thoroughly.
About the Author
Arosh John is the Founder of John Real Estate (MahaRERA Reg. No. A51700001835) and Editor-in-Chief of Thane Real Estate News (TREN) – a digital platform dedicated to factual, insight-driven coverage of the Mumbai Metropolitan Region’s evolving property landscape.
With over a decade of on-ground experience across Thane’s residential, villa, resale and NRI investment segments, he combines local market intelligence with regulatory and transactional expertise to explain how infrastructure, policy and urban planning shape real-estate value.
He is widely recognised as one of the leading voices in Thane’s new-age property journalism – bridging professional advisory with data-backed reporting to help homebuyers, investors and developers make better decisions.
Disclaimer
This article is intended purely for information and awareness purposes. Project details, costs, lengths, timelines, depots and station locations for Metro Lines 4, 4A, 10, 11 and the Thane Integral Ring Metro are based on information available from government agencies, official releases and reputable news and technical sources as of December 5, 2025. Infrastructure projects can change due to design revisions, policy decisions, funding, clearances and execution challenges. Nothing in this article should be treated as legal advice, investment advice or a substitute for independent due diligence. Readers, homebuyers and investors should verify all project-specific details with official authorities, consult qualified professionals wherever required, and take decisions based on their own assessment of risk, timelines and suitability.
