Thane: an Emerging Megapolis

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THANE: AN EMERGING MEGAPOLIS Prashant Thakur Head - Research Thane: Stack-up against Mumbai Thane 14,360 25% 52% 73 3.2 lakh Population Green Coverage Decadal Pollution levels** Slum Population Density* Population Growth*** Mumbai 28,500 13% 4% 117 52 lakh On the liveability quotient, Thane is certainly way better than Mumbai * persons/sq. km., ** PM10 levels as per WHO, *** census data: 2001-2011 What’s Driving the City of Lakes? Excellent Physical Infrastructure Planned Upgrades . Road and rail connectivity to Mumbai . Upcoming metro and mono rail 1 and Navi Mumbai 3 . Digi Thane initiative . Series of flyovers and wide arterial . Lakes’ beautification roads . Cluster redevelopment . Part of Smart Cities Mission Enriched Social Infrastructure Massive Land Availability . 6 - 8 malls and shopping complexes . Nearly 2,700 hectares planned for 2 . More than 15 schools & colleges 4 residential developments* . Around 14 hospitals . 804 sites spread across an area of around 1,300 hectare reserved for . 2 - 3 amusement parks various public purposes . Serene climate - hills and lakes Thane possesses all the ingredients to emerge as a MEGAPOLIS * TMC Development Plan Buzzing Commercial Office Sector 5 msf Grade A Inventory 7 lakh sf Inventory pipeline ₹ 58/sf/month; 1 quartile of Nariman Point & BKC Avg. Grade A rental Major corporates are increasingly expanding in Thane; significant rental advantage Booming Residential Developments 7,000 40,000 . Nearly 70,000 units added between 6,000 35,000 2012-2017 30,000 5,000 o 53% already absorbed 25,000 4,000 o 74% came in Ghodbunder Road, 20,000 Kolshet Road and Majiwada 3,000 No. of Units of No. 15,000 Unsold Units Unsold . 46% supply: INR 60 Lakh – INR 1.2 cr 2,000 10,000 . Contributes nearly 15-20% of MMR’s 1,000 5,000 supply every year 0 0 . 30% increase in wt. avg. price during the last 5 years, compared to only 13% Q1-2015 Q4-2017 Q2-2015 Q3-2015 Q4-2015 Q1-2016 Q2-2016 Q3-2016 Q4-2016 Q1-2017 Q2-2017 Q3-2017 in MMR Supply Absorption Unsold Inventory Massive residential options; volume driven businesses SWOT Analysis . Excellent connectivity . Housing options far from the . Good social infrastructure railway station . Plethora of real estate options . Located at a distance from CBD/BKC/Airport STRENGTHS WEAKNESSES . Expansion of major corporates . Land availability for large-scale . Stress on infrastructure residential developments . Traffic congestion . Proposed infrastructure developments . Delay in redevelopment of to further improve connectivity and unauthorised dilapidated boost sentiments THREATS settlements OPPORTUNITIES Strengths & Opportunities outweigh the Weaknesses & Threats Massive Business Opportunity 33,000 unsold units presents tremendous business opportunity for channel partners Thank You.

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