Under Construction & New Projects in Wagle Estate, Mumbai

• Wagle Estate is a mid-segment and highly populated area located in the Thane district and a part of the Mumbai Metropolitan Region.
• Wagle Estate is strategically situated along the major regions, including Kisan Nagar, Naupada, Panch Pakhadi, Lokmanya Nagar, Vartak Nagar, and Pokhran Road 1 & Pokhran Road 2.
• Wagle Estate is considered an urban area with high-density commercial hubs.
• The region offers affordable property rates, which fall under the mid-level budget segment.
• Road No. 16/16Z, O22 Business Park, Ashar IT Park and the Central area of Wagle Estate are the best commercial areas in Wagle Estate.
• Due to its growing population, reasonable property rates and connectivity, Wagle Estate is considered a good place to establish a commercial business center.
• The PIN Code of Wagle Estate is 400604.

• The average residential property price in Wagle Estate ranges from ₹ 11,950 to ₹ 22,100 per sq. ft. and beyond.
• The average price of a 1 BHK in Wagle Estate is around ₹ 33.8 lakh to ₹ 1.43 crore.
• The average price of a 2 BHK in Wagle Estate is around ₹ 89 lakh to ₹ 2.37 crore.
• The average price of a 3 BHK in Wagle Estate is around ₹ 1.61 crore to ₹ 3.86 crore.
• The average commercial space price ranges between 10,250 per sq. ft. and 21,100 per sq. ft.
• The average rental price in Wagle Estate ranges from ₹ 16,200 to ₹ 62,800 monthly or more.
• The average commercial property rent in prime areas of Wagle Estate ranges between 1.1 Lakh and 1.65 Lakh per month.
• The dominant residential areas, excellent connectivity, the upcoming Thane internal ring metro, and Metro Line 4 have increased property buying and rental demand in Wagle Estate.
• The average price of commercial land/plots in Wagle Estate ranges from ₹ 18,725 to ₹ 20,255 per sq. ft.
• Wagle Estate mainly offers mid-segment and premium commercial/residential properties.
• Property prices may vary based on factors such as apartment configuration, exact carpet area, location, and scenic advantages.
• In Wagle Estate, properties are available in both ready-to-move and under-construction conditions.
• Many reputed builders and developers have rapidly been developing Wagle Estate.

• Wagle Estate is internally well-connected via the TMT (Thane Municipal Transport), upcoming Metro infrastructure and regionally via the MSRTC (Maharashtra State Road Transport Corporation) bus network.
• To travel via the local train network within and outside the state, individuals can travel from the nearest Thane Railway Station, connecting Mumbai via the central line and Navi Mumbai via the harbour/trans-harbour line.
• Auto rickshaws and other transport options, in addition to buses and railways, serve the cities' public transport well. 
• Thane Railway Station Road, LBS Marg, the Mumbai-Nashik Highway (NH-3/NH-4), the Agra-Mumbai Highway, the Eastern Express Highway, Saket-Kalwa Road, Bhiwandi-Wada Road, Ghodbuder Road (NH 48/848), which connects further to the Western Express Highway, and the Thane-Belapur Road are the primary roadway connections from Wagle Estate.
• Thane Station Road, LBS Marg, Vasudev Balawant Phadake Road, Meenatai Thackeray Road, Pipeline Road, and Tekdi Bunglow Road are arterial roads that enable smooth travel within Wagle Estate.
• The Chhatrapati Shivaji Maharaj International Airport is 26.7 km away, and the Navi Mumbai International Airport is 31.3 km away from Wagle Estate.

• Wagle Estate is well-equipped with essential social infrastructure and civic facilities to fulfil the needs of the residents.
• There are several reputed schools in the area, such as St. Lawrence High School & Jr. College Of Science, Finland International School, S. B. M. Padwal Vidyalaya English Medium, Navodaya English High School Secondary Section, Bal Vidya Mandir, Shreenagar Vidya Mandir, Shree Vardhaman Vidyalaya, Navodaya English High School & Junior College, Navodaya Sadan, All Saints FYJC College, Mithila English High School, WEES English High School, Vidya Mandir Shree Ram Krishna Vidyalaya etc.
• Well-known hospitals in Wagle Estate include Siddhivinayak Hospital, Highway Hospital, ESIC Hospital, Modi Hospital Maternity & Surgical General Nursing Home, Dr. Thakur's Shree Hospital, etc.
• DMart, Apna Bhandar Supermarket, A-1 Super Market, Ambewadi Market, Mahavir Traders, and 7/11 are some of the top-rated and well-equipped supermarkets in Wagle Estate.
• For the convenience of the residents, there are also other essential services available in the area, such as markets, supermarkets, ATMs, banks, petrol pumps, hotel stays, restaurants, cafes, etc.

• Wagle Estate is famous for its proximity to some of the most well-known commercial areas.
• Other than that, many major industrial and commercial hubs are also in proximity.
• The Sunrise Corporate Park, Sunrise Business Park, Meet Business Park, Oriana Business Park, Ashar IT Park, Odyssey IT Park, Centrum Business Square, Sigma IT Park, Gigaplex IT Park, and some manufacturing industries are around Wagle Estate.

• The lifestyle of Wagle Estate is primarily commercial/industrial in nature.
• Wagle Estate has a lively environment with its developed commercial and residential areas, which offer opportunities for working professionals, businesses and families.
• Some popular tourist sites near Wagle Estate include Mama Bhacha Hill Station, Rayla Devi Talao, Upvan Lake, Tikuji-ni-Wadi, Suraj Water Park, and Raymond Race Track, which are in the proximity. Tourists can easily visit here due to Wagle Estate’s robust internal road network.
• Wagle Estate is well known for its bustling corporate environment.
• For leisure, recreational spaces, like Korum Mall and Lake Shore Mall, are in the proximity.

Wagle Estate is considered one of the safe locales for families in Thane.
The City's Police Station takes care of the city’s security and safety.
Regular police patrols are practised here to ensure there are no crime incidents or illegal activities.
Traffic regulation is done thoroughly through traffic officers and traffic signals.
Fire safety measures like fire extinguishers and alarms are set up in crowded areas.

• The Thane Internal Ring Metro will connect Wagle Estate directly with many locales from Manpada, Ghodbunder to Thane Station and the city center.
• A 13.6 km, 6-lane elevated expressway, Thane Coastal Road (Balkum to Gaimukh), which will connect the Thane-Nashik Highway from Ghodbunder Road.
• The Airoli-Katai Road project, including a 1.7 
• km twin tunnel through Parsik Hills and further an elevated freeway, will reduce the travel time between Thane-Belapur and Kalyan-Shilphata.
• A major project by MSRDC, the Thane-Borivali Underground tunnel will connect Thane West directly with Borivali West.
• Metro will add significant value to Wagle Estate's social infrastructure through the Metro Line 4 (Wadala-Kasarvadvali), Metro Line 5 extension (Thane-Kolshet Road-Kalyan) and Metro Line 14 (Vikhroli-Badlapur). This metro network will connect Wagle Estate with the entire city of Mumbai.
• The metro network will include RTO Thane Metro Station, Mahapalika Marg Metro Station, Teen Haath Naka Metro Station, and Cadbury Junction Metro Station, which are around Wagle Estate.
• These forthcoming infrastructures are contributing to the value of Wagle Estate’s real estate investments day by day.

• Wagle Estate is famous for its culture, diverse gated community, and availability of both commercial and residential properties.
• Wagle Estate is considered a cosmopolitan area. A diverse population is settled here in peace and harmony.
• Wagle Estate presents a vibrant street food culture. There are several fine dining places here that serve traditional cuisine options. Maharashtrian cuisine is particularly popular among the residents.
• There are multiple restaurants in Wagle Estate, such as Sea Fire Salt, Vee Collaborative Kitchen & Bar, The Tribe Kitchen & Lounge, Spotlight Skydeck, Mansionaire By The Roof, etc.

• Wagle Estate is a commercially developing area, but it well preserves its natural surroundings, promoting a modern living environment.
• The nearby area of Wagle Estate has several green parks and open spaces in the vicinity that keep the surroundings peaceful and fresh.
• Residents and tourists visit the nearby Yeoor Hills, Kachrali Lake, Manpada Forest Bird Watching Zone, Ovalekar Wadi Butterfly Garden, and Mama-Bhanja Waterfall to experience a peaceful and serene view and atmosphere.

• Wagle Estate primarily offers commercial property suitable for start-ups, small businesses, and MNCs.
• Other than commercial properties, Wagle Estate also features a range of 1 BHK, 2 BHK, 3 BHK, and 4 BHK residential properties.
• These properties are available in both under-construction and ready-to-move conditions.
• Residential 1 BHK, 2 BHK and commercial office spaces are most popular in Wagle Estate.
• Wagle Estate mainly has mid-segment housing and commercial properties. But it also features some premium residences.
• The area primarily offers commercial office spaces, industrial plots, apartments, but other properties like independent floor apartments and lands are also quite popular here.

• In the last 1 year, Wagle Estate has witnessed a steady 4.3% price appreciation.
• Whereas in the last 3 years, Wagle Estate has experienced 20.9% price appreciation.
• Over the past 5 years, Wagle Estate has experienced remarkable growth of up to 25.3%.
• Wagle Estate has shown a significant growth of 5.7% to 8.7% in terms of rental yield.
• Due to rapid development and steady urbanisation, along with commercial properties being offered, Wagle Estate is expected to experience consistent rapid price appreciation in future.