Puraniks Mirai Brings 'Kyoto Life' Living to Thane

28 Aug 2025 CW Team

Describing the project as a unique residential concept grounded in Japanese tradition, the Puranik Group aims to offer an alternative to conventional real estate models. “It represents a cultural replenishment—spaces designed to breathe, encourage mindful stillness, and nurture community,” said Shailesh Puranik, CMD of Puranik Group.

He explained that the integration of Zen gardens, water features, minimalistic architecture, and wellness-focused communal areas transforms the space into a sanctuary—balancing urban accessibility with deep cultural resonance. “This is not just a new address—it is a statement,” he added, positioning the development as a meaningful response to the pressures of rapid urbanisation in the Mumbai Metropolitan Region.

Thane’s Ghodbunder Road has emerged as one of the region’s most resilient corridors for middle-income housing, even as property prices in peripheral markets have surged beyond wage growth. Data from the Department of Registration and Stamps shows a 28.1 per cent rise in residential sale agreements in FY 2024–25, with over 81 per cent of units registered to individuals declaring self-use under the Maharashtra Stamp Duty Act—reflecting robust end-user demand.

According to CRE Matrix, property values in the Ghodbunder Road micro-market have climbed from Rs 6,400 per sq. ft. in 2014 to between Rs 13,800 and Rs 18,000 per sq. ft. in 2024, representing a compounded annual growth rate of approximately 8.3 per cent.

By introducing a globally inspired yet locally relevant development, Puraniks Mirai seeks to redefine residential living in Thane, offering a fusion of Japanese aesthetic, spiritual calm, and practical urban comfort.

The concept of ‘Kyoto life’, reflecting the serene, culturally rich lifestyle of Kyoto in Japan, is now being brought to Thane’s Ghodbunder Road through Puraniks Mirai, a new residential development by Puranik Group. Known for its historical charm and natural beauty, Kyoto’s tranquil ethos has inspired this real estate project to embrace Japanese philosophies of mindful, harmonious living.Describing the project as a unique residential concept grounded in Japanese tradition, the Puranik Group aims to offer an alternative to conventional real estate models. “It represents a cultural replenishment—spaces designed to breathe, encourage mindful stillness, and nurture community,” said Shailesh Puranik, CMD of Puranik Group.He explained that the integration of Zen gardens, water features, minimalistic architecture, and wellness-focused communal areas transforms the space into a sanctuary—balancing urban accessibility with deep cultural resonance. “This is not just a new address—it is a statement,” he added, positioning the development as a meaningful response to the pressures of rapid urbanisation in the Mumbai Metropolitan Region.Thane’s Ghodbunder Road has emerged as one of the region’s most resilient corridors for middle-income housing, even as property prices in peripheral markets have surged beyond wage growth. Data from the Department of Registration and Stamps shows a 28.1 per cent rise in residential sale agreements in FY 2024–25, with over 81 per cent of units registered to individuals declaring self-use under the Maharashtra Stamp Duty Act—reflecting robust end-user demand.According to CRE Matrix, property values in the Ghodbunder Road micro-market have climbed from Rs 6,400 per sq. ft. in 2014 to between Rs 13,800 and Rs 18,000 per sq. ft. in 2024, representing a compounded annual growth rate of approximately 8.3 per cent.By introducing a globally inspired yet locally relevant development, Puraniks Mirai seeks to redefine residential living in Thane, offering a fusion of Japanese aesthetic, spiritual calm, and practical urban comfort.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Real Estate

17 Sep 2025

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Infrastructure Transport

17 Sep 2025

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..