When Hiranandani Group turned its attention to Thane after establishing Hiranandani Gardens in Powai, the city was a largely under-planned municipal neighbour to Mumbai. The group's response was to develop around 350 acres of land into what became Hiranandani Estate — a self-contained township on Ghodbunder Road that today houses over 10,000 families across more than 120 occupied towers, with its own hospital, school, business park, retail boulevard, and public transport link to Thane railway station. That scale of intervention over roughly three decades is the foundation on which every Hiranandani Group project in Thane now stands.
Founded in 1978 by Dr. Niranjan Hiranandani and Surendra Hiranandani, the group pioneered the integrated mixed-use township model in India — a format where residences, workplaces, schools, healthcare and retail are built as a single cohesive system rather than added incrementally. The same model that transformed a quarry in Powai into a 250-acre urban landmark was replicated and expanded in Thane, and has since been carried to Panvel, Chennai, Pune, Khandala and GIFT City, Gujarat.
Hiranandani Estate, spread across approximately 375 acres along Ghodbunder Road in Thane West, is the group's largest operating township in the Mumbai Metropolitan Region. Its neoclassical streetscapes, shaded Central Avenue, and the Walk — described by the group as India's first high-street residential destination — give the estate a character that is instantly recognisable and difficult to replicate at the same scale. Within the estate, Hiranandani Business Park houses MNCs including TCS and Bayer, creating a live-work dynamic that reduces commute dependency for a substantial number of residents.
The estate's position along Ghodbunder Road, which links the Eastern Express Highway to the Western suburbs of Borivali, Kandivali and Mira Road, has made it one of the most connected residential addresses in Thane. Thane Railway Station is approximately 9 km away, and the Kasarvadavali corridor on Metro Line 4 — which runs between Kasarvadavali on Ghodbunder Road and Wadala in Mumbai — brings additional transit options to residents. The proposed 10.2-km Thane-Borivali Twin Tunnel, which would connect Tikuji Ni Wadi (approximately 2.4 km from One Hiranandani Park) to Borivali via the Sanjay Gandhi National Park, promises to compress the journey between Thane and the western suburbs to around 15 minutes once operational.
Property prices in Hiranandani Estate have appreciated at a rate of approximately 2.5% year-on-year in recent recorded periods, with specific towers logging significantly sharper gains — Hiranandani Rodas Enclave Marvela registered 22.3% and Hiranandani Estate Cardinal 16% in price appreciation over a one-year period, according to 99acres data. The average transacted rate across the estate runs at around Rs 25,000 per square foot, reflective of the township's maturity and brand positioning.
Hiranandani Westgate sits within Hiranandani Estate itself, addressed on Waghbil Road, Kavesar — the newest and largest parcel the group has activated inside the estate. The project spans 25 acres and is planned across 13 skyline towers of 47 to 55 storeys, of which Phase I comprises six towers offering 2, 3 and 4 BHK residences. RERA registration number P51700077268 is on record for the project.
Carpet areas at Westgate run from 483 sq ft for compact 2 BHK configurations to 1,761 sq ft for the largest 4 BHK units. The project carries a pre-certification of IGBC Gold rating and lists over 60 amenities across leisure, wellness and community zones — including a beach pool, aqua gym, heated jacuzzi, indoor temperature-controlled swimming pool, multi-sport courts covering tennis, padel, pickleball, volleyball and basketball, a bowling alley, yoga studio, and a grand clubhouse of approximately 6,000 sq ft. A Business Centre and Reading Lounge within the common building address the hybrid-work requirements of professional residents.
From a connectivity standpoint, Westgate's location on the Ghodbunder Road corridor means the Eastern Express Highway and Mumbai-Agra National Highway are within approximately 5.5 km, Hiranandani Foundation School is 0.85 km away, TCS and G Corp Tech Park are within 2.2 km, and Hiranandani Hospital is 1.7 km from the project gate. The Walk retail boulevard and Lakeshore Mall are both accessible within the immediate neighbourhood, making daily logistics straightforward for residents who work in or commute from this corridor.
Belicia marks Hiranandani Group's deliberate move away from the Ghodbunder Road township and into Thane's older city core. Located in Panch Pakhadi — one of Thane's most historically established localities — Belicia is a single 48-storey tower on a 1.5-acre plot, a format that reflects the denser land economics of a mature urban neighbourhood while delivering the group's characteristic specification standards.
The tower carries 296 units across 2, 3 and 4 BHK configurations. Carpet areas range from 779 sq ft (2 BHK) to 1,546 sq ft (4 BHK). Finishes include marble flooring in living, dining and bedroom areas, air conditioning, double-glazed windows for noise reduction, and expansive decks that frame views of the city and the Yeoor Hills. The rooftop carries a swimming pool and gym — a practical use of the tower's height at a site where ground-level open space is constrained by the 1.5-acre footprint. The amenity package also includes a squash court, badminton court, mini theatre, game room and business centre. RERA registration P51700050457 is filed for the project, with a RERA possession date of June 2028.
Pricing at Belicia averaged approximately Rs 22,400 per square foot as of Q4 2025, a figure that reflects a 4.66% rise from the preceding quarter, according to Square Yards transaction data. A total of 37 registered transactions amounted to Rs 80 crore through February 2026. As of January 2025, 102 of 268 launched units had been booked, with absorption spread across 2 BHK Luxury, 3 BHK Grand and 3 BHK Luxury configurations — suggesting demand across the mid and upper segments of the configuration mix.
Panch Pakhadi's location gives Belicia buyers proximity to Thane Railway Station and direct connectivity via the Eastern Express Highway. For buyers who want the Hiranandani Group address without relocating to the Ghodbunder Road corridor, and who value walking distance to the city's established civic and commercial fabric, Belicia offers a structurally different proposition from Westgate — same developer DNA, different urban context.
Hiranandani Group has, over four decades in Thane, consistently delivered against the township model it originated. One Hiranandani Park — an 8-tower, 21-acre development within the estate — was awarded Ultra-Luxury Project of the Year at the DNA Real Estate and Infrastructure Awards 2019, Luxury Project of the Year at Realty Plus Awards 2019, and Best Residential Project at the CIA World Builders and Building Material Awards 2020. Hiranandani Estate itself was recognised as the Most Iconic Township at the Mid-day Real Estate Icons Awards 2018. These are not recent accolades from a new entrant — they document a pattern of recognised delivery in the same city where Westgate and Belicia are now under construction.
The group's Thane footprint also extends the group's broader national programme — townships in Panvel (Hiranandani Fortune City), Chennai (Hiranandani Parks, Oragadam, 360 acres), Pune (Hinjewadi, 105 acres) and GIFT City, Gujarat (Hiranandani Signature, India's first IFSC tower) — which collectively give the group the institutional scale and construction management depth to sustain large, phased urban projects over multi-year timelines.
For a buyer evaluating either Westgate or Belicia, the relevant question is not whether Hiranandani Group builds in Thane — it clearly does, at scale and with a documented record — but which of the two currently active projects fits the buyer's preferred urban geography: the managed estate environment of Kavesar on Ghodbunder Road, or the established city-centre density of Panch Pakhadi.