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

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..