Miraya Realty to Launch Rs 1,000 Cr Luxury Real Estate Project in Thane

Miraya Realty has made a significant move in the luxury real estate market by acquiring a prime seven-acre land parcel on Pokhran Road 2, Thane. This ambitious project is set to solidify Miraya Realty’s position among the top developers in the region, offering a blend of luxury, innovation, and craftsmanship.

Strategic Focus on Execution Before Market Entry

Unlike traditional developers who prioritize pre-sales, Miraya Realty has taken a bold approach by focusing on construction first. After securing all necessary approvals in 2023, the company placed project execution above early sales, ensuring high-quality development before bringing it to the market.

Rs 1,000 Cr Sales Target from Upcoming Luxury Project

Miraya Realty is preparing for the pre-launch of its flagship luxury project in Thane, aiming to generate Rs 1,000 crore in sales within the next two years. This project will not only set a new benchmark for luxury living in Thane but also serve as a blueprint for Miraya’s future developments, highlighting its commitment to innovation, high-quality craftsmanship, and exclusive designs.

Vision for a Billion-Dollar Real Estate Portfolio

With a long-term vision, Miraya Realty plans to develop projects worth USD 1 billion (approx. INR 8,300 crore) within the next five years. The company is actively acquiring land, forming strategic partnerships, and expanding its footprint across the Mumbai Metropolitan Region (MMR), aiming to redefine luxury real estate through exceptional design, premium construction quality, and a seamless sales experience.

Transforming Thane into a Luxury Living Destination

Thane’s Pokhran Road 2 has emerged as a prime destination for high-end real estate, thanks to its connectivity, infrastructure development, and growing demand for luxury housing. Miraya Realty’s flagship project is expected to attract high-net-worth individuals (HNWIs) and investors, further elevating Thane’s status as a premium residential hub.

Key Highlights of Miraya Realty’s Luxury Project in Thane:

• Acquisition of a prime seven-acre land parcel on Pokhran Road 2, Thane.
• Strategic focus on construction before pre-sales, ensuring top-notch quality.
• Pre-launch of a flagship luxury project, targeting Rs 1,000 crore in sales within two years.
• Long-term vision to develop USD 1 billion (INR 8,300 crore) worth of real estate projects in the next five years.
• Active land acquisitions and strategic partnerships to expand presence in the MMR region.
• Transforming Thane into a prime destination for luxury living through superior design and craftsmanship.

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