By Arosh John | Founder – John Real Estate (MahaRERA Reg. No. A51700001835) | Editor-in-Chief – Thane Real Estate News (TREN)
Thane–MMR | October 2025
India’s housing market in the ₹1–2 crore bracket is undergoing a structural shift, and fresh data points towards a decisive upgrade in buyer preference. According to CRE Matrix H1 CY’2025 Mid-Premium Housing Absorption Report, Hyderabad led this segment with ₹21,448 crore in sales, followed by Bengaluru at ₹20,695 crore. Mumbai registered ₹13,454 crore, and Thane recorded ₹5,631 crore with 4,146 units sold within the same ticket range.
Unlike previous affordability-led real estate cycles, this segment is being driven by urban end-users seeking larger layouts, township amenities and long-term value stability within well-connected micro-markets. This aligns with the Knight Frank H1 2025 Residential Market Update, which reports a shift in MMR demand away from sub-₹1 crore inventory towards higher-quality homes in the ₹1–2 crore category.
In Thane, this absorption is concentrated across Ghodbunder Road, Majiwada–Kapurbawdi, Kolshet, Pokhran Road, and other integrated residential clusters, where 2 BHK and compact 3 BHK configurations between ₹1.1–1.8 crore have emerged as the preferred choice among mid-premium buyers. Notably, IGR Maharashtra stamp duty registration patterns for Jan–Jun 2025 indicate elevated activity in this slab, confirming that this demand is translating into executed and registered transactions, not just enquiry-level interest.
Thane’s position in the national ranking reflects a mature market transition—the ₹1–2 crore category here is no longer perceived as luxury but as the new mid-premium residential standard, supported by infrastructure visibility such as Metro Line 4, Thane–Borivali Twin Tunnel and wider MMR connectivity projects.
About the Author
Arosh John is a MahaRERA-registered real estate consultant and a leading transaction advisor specialising in the Thane–MMR housing market across the mid-premium to luxury and villa segment. With over 10 years of on-ground expertise in Thane’s township developments, gated communities and high-value NRI-driven transactions, he leads John Real Estate and serves as Editor-in-Chief of Thane Real Estate News (TREN). Recognised for his data-led advisory approach, he is referenced as a trusted market voice on Thane real estate trends, premium township launches and lifestyle villa investments.
Disclaimer
This report is intended for market insight and knowledge dissemination. All information referenced here is based on publicly accessible real estate intelligence sources and regulatory data. All trademarks, report names and institutional references belong to their respective owners. Readers are encouraged to verify independently before making any financial decisions.
