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 Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement