Vihang Group Establishes New Standards in Thane Real Estate Market With INR 850 Crore Worth Real Estate Projects

Thane, Maharashtra

Prominent real estate developer Vihang Group has initiated four expansive real estate ventures in Thane, marking the beginning of an ambitious endeavour. The investment in these initiatives is significant, exceeding 850 crore rupees. They intend to construct an astounding expanse of more than 5 million square feet of residential space, which will be dispersed throughout various micromarkets in Thane.

The consortium expects these developments to potentially yield revenues in excess of ₹2,000 crore.

Funding with a Strategic Focus on Future Developments

With a strategic combination of customer advances, working capital, and equity, Vihang Group intends to fund these endeavours. With the aim of optimising resources and ensuring seamless execution, the strategy has been carefully crafted.Aiming to Attract Millennials and Aspirational ClienteleThe endeavours are skillfully customised to align with the desires and requirements of the contemporary, socially ascendant class and the millennial population. The primary objective is to integrate affordability and modernity, concurrently establishing an all-encompassing lifestyle ecosystem that caters to these demographics.

Impact and Anticipated Completion

It is expected that the aforementioned undertakings will be finalised prior to 2027. The established timetable is designed to efficiently improve the quality of life in Thane and make a substantial impact on the regional real estate sector.