Why Majiwada is Thane's Fastest-Growing Address
Majiwada sits at the confluence of the Eastern Express Highway, Ghodbunder Road and NH-48, making it one of the most strategically positioned localities in the Mumbai Metropolitan Region. Majiwada emerges as Thane's premier investment destination, strategically positioned at the confluence of Mumbai's growth corridor and Thane's expanding urban landscape, evolving from a quiet residential area to a thriving commercial and residential hub. The locality is anchored by big-ticket developments from Lodha, Rustomjee and now PRESTIGE, alongside a dense cluster of malls, schools and hospitals that make it a self-sufficient residential ecosystem.
Majiwada is famous as a residential and commercial hub in Thane city and has developed into a major locality over the years with thousands of people living and working here, known for its thriving markets and shopping areas like Saket Complex. Majiwada is a mid segment locality situated in Thane, near Dhokali Naka, Sainath Nagar and Balkum.
On pricing, the average price of properties in Majiwada, Thane is Rs 20,650 per sq ft, with prices up 3.5% in the last one year. The locality ranks high for families due to its proximity to good schools, hospitals, and shopping hubs, with Jupiter Hospital, CP Goenka International School, and DAV Public School all within a short drive.
Investor sentiment remains strong because of upcoming transit infrastructure. Majiwada attracts strong investor interest due to its presence at the junction of two major highways and the upcoming Metro Line 4 and Line 5 interchange at Kapurbawdi. This combination of established social infrastructure and imminent metro access is why PRESTIGE has chosen Majiwada for its entry into the Thane market.
