+
Shapoorji Pallonji launches luxury residential project in Thane
Real Estate

Shapoorji Pallonji launches luxury residential project in Thane

Shapoorji Pallonji Real Estate has launched the Shapoorji Pallonji SKYRAA, a luxury residential project in Thane.

It is one of the tallest towers in Thane, which would have 332 luxury apartments with configurations of 3 BHK and 4 BHK, varying from 1300 sq ft to 1600 sq ft. These apartments have been designed with large balconies and spacious bedrooms.

The buyers would be able to enjoy recreational amenities, including an exquisite Clubhouse known as Float on the 51st level and a Rooftop Sky Lounge, offering intriguing views of the city.

The clubhouse would also include a business centre with a large workspace, library, spa and salon, golf simulator, music room, and viewing deck.

A high street retail zone called the Impulse of 40,000 sq ft total carpet area would be constructed within the project premises.

The project is established on Pokhran Road No 2 which is adjacent to the Eastern Express Highway.

It is one of the most preferred residential areas in Thane. The location also has well-developed social and civic infrastructure like world-class hospitals, commercial hubs, education institutions, retail zones, and shopping malls.

The apartments are available in the price range of Rs 2.44 crore to Rs 3 crore besides additional charges.

The company is expecting a total sales culmination of nearly Rs 525 crore from the new launch.

Thane has evolved into a significant centre for infrastructure development throughout the years. Proposed road tunnel between Tikuji-ni-wadi (Thane) and Borivali, Vitawa bypass road, linking Kopri to Thane-Belapur Road, Wadala-Kasarvadavali Metro line 4, Kapurbawdi-Bhiwandi Metro line 5, Proposed Majiwada Metro Station will all enhance Thane's connectivity, lifestyle quotient, and capital values. Mr Venkatesh Gopalkrishnan, CEO of Shapoorji Pallonji Real Estate, told the media that they have seen a steady demand for luxury homes in the last two months, indicating a change in the post-pandemic consumer behaviour in the Thane market.

He said that they have planned to introduce a new phase as they believe it is the correct time to provide the Thane micro-market with the best products.

Image Source

Also read: Shapoorji Pallonji to raise $375 mn via luxurious realty properties

Shapoorji Pallonji Real Estate has launched the Shapoorji Pallonji SKYRAA, a luxury residential project in Thane. It is one of the tallest towers in Thane, which would have 332 luxury apartments with configurations of 3 BHK and 4 BHK, varying from 1300 sq ft to 1600 sq ft. These apartments have been designed with large balconies and spacious bedrooms. The buyers would be able to enjoy recreational amenities, including an exquisite Clubhouse known as Float on the 51st level and a Rooftop Sky Lounge, offering intriguing views of the city. The clubhouse would also include a business centre with a large workspace, library, spa and salon, golf simulator, music room, and viewing deck. A high street retail zone called the Impulse of 40,000 sq ft total carpet area would be constructed within the project premises. The project is established on Pokhran Road No 2 which is adjacent to the Eastern Express Highway. It is one of the most preferred residential areas in Thane. The location also has well-developed social and civic infrastructure like world-class hospitals, commercial hubs, education institutions, retail zones, and shopping malls. The apartments are available in the price range of Rs 2.44 crore to Rs 3 crore besides additional charges. The company is expecting a total sales culmination of nearly Rs 525 crore from the new launch. Thane has evolved into a significant centre for infrastructure development throughout the years. Proposed road tunnel between Tikuji-ni-wadi (Thane) and Borivali, Vitawa bypass road, linking Kopri to Thane-Belapur Road, Wadala-Kasarvadavali Metro line 4, Kapurbawdi-Bhiwandi Metro line 5, Proposed Majiwada Metro Station will all enhance Thane's connectivity, lifestyle quotient, and capital values. Mr Venkatesh Gopalkrishnan, CEO of Shapoorji Pallonji Real Estate, told the media that they have seen a steady demand for luxury homes in the last two months, indicating a change in the post-pandemic consumer behaviour in the Thane market. He said that they have planned to introduce a new phase as they believe it is the correct time to provide the Thane micro-market with the best products. Image Source Also read: Shapoorji Pallonji to raise $375 mn via luxurious realty properties

Next Story
Infrastructure Transport

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Next Story
Infrastructure Urban

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Next Story
Infrastructure Urban

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App