Purchasing a home is an exciting milestone, but for first-time buyers, the real estate journey often comes with a lot of jargon. One such commonly misunderstood term is “floor rise charges.” If you’re planning to buy a residential apartment in Thane, you’re likely to encounter this cost in most modern housing projects.

To make your buying process simpler, here’s a comprehensive guide on floor rise charges in Thane—what they are, why they are charged, how they are calculated, and how they affect your total property cost.

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What Are Floor Rise Charges?

When you book a flat in a high-rise building, the price is not uniform across all floors. Typically, the higher the floor, the more you pay per square foot. This extra amount is called floor rise charges (sometimes referred to as floor rise premium).

Builders levy these charges as a way of pricing the premium benefits of living on higher floors—such as better views, ventilation, and privacy.

👉 For example: If two buyers book identical flats—one on the 2nd floor and another on the 12th floor—the buyer on the 12th floor will pay a higher total price due to floor rise charges.

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Why Do Builders Charge Extra for Higher Floors?

Floor rise charges are not random; they are based on real advantages offered by higher floors. Here are some reasons why developers in Thane and across India apply these charges:

1. Better View: Higher floors often come with panoramic views of the city skyline, greenery, or waterfronts like Upvan Lake or Yeoor Hills in Thane.
2. Ventilation & Light: Apartments on higher floors enjoy improved airflow, reduced dust, and more natural light.
3. Less Noise: Staying away from ground-level traffic and street activities ensures a quieter living experience.
4. Demand-Supply Factor: Many buyers prefer upper floors, leading developers to price them at a premium.

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How Are Floor Rise Charges Calculated?

Floor rise charges are usually applied per square foot (sq. ft.) of the carpet area. These charges vary based on the project’s location, builder reputation, and floor count.

Here’s a step-by-step example for clarity:

• Base Price of Flat: Suppose you’re buying a 500 sq. ft. apartment in Thane at ₹2,000 per sq. ft. → Total = ₹10,00,000.
• Floor Rise Charge: The builder charges ₹50 per sq. ft. for every floor beyond the 5th floor.
• Choosing the 10th Floor: That’s 5 extra floors (10 – 5). For a 500 sq. ft. flat → ₹50 × 500 × 5 = ₹1,25,000.
• Final Price: ₹10,00,000 (base price) + ₹1,25,000 (floor rise charges) = ₹11,25,000.

👉 In short, the higher the floor you choose, the more floor rise premium you will pay.

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Typical Floor Rise Charges in Thane

In Thane’s residential projects, floor rise charges generally range from ₹20 to ₹100 per sq. ft. depending on:

• The builder (premium developers may charge more)
• The location (Ghodbunder Road, Majiwada, and Pokhran Road projects often carry higher premiums)
• The type of project (luxury high-rises usually have steeper charges)

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Pros and Cons of Paying Floor Rise Charges

✅ Advantages of Higher Floors

• Better city views and greenery outlook
• More natural light and ventilation
• Less pollution and noise
• Higher resale value in the long run

❌ Considerations Before Paying Extra

• Elevator Dependence: Higher floors mean greater reliance on lifts. Always check for multiple elevators in the project.
• Maintenance Costs: Premium floors sometimes carry higher monthly charges.
• Emergency Situations: During power outages, accessing higher floors may be inconvenient.

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Are Floor Rise Charges Worth Paying in Thane?

Whether floor rise charges are worth it depends on your lifestyle, priorities, and budget.

• If you value panoramic views of Yeoor Hills or Thane Creek, it might be worth paying extra.
• If your priority is budget-friendliness, a mid-level floor can offer a balance between cost and comfort.
• For investment purposes, higher floors often fetch better resale prices, making the additional charges worthwhile.

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Tips for Homebuyers in Thane

Before finalizing your flat, keep these points in mind:

1. Ask for Floor Rise Slab: Check how the builder calculates charges (per sq. ft. per floor or flat slab rate).
2. Compare Projects: Some developers keep these charges lower to attract buyers. Compare before deciding.
3. Negotiate: In some cases, especially during pre-launch offers in Thane, you may negotiate to reduce or waive these charges.
4. Check RERA Compliance: Always confirm the floor rise structure is clearly mentioned in the cost sheet and RERA filing.

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Conclusion

Floor rise charges in Thane are a standard part of modern real estate pricing. While they add to the cost, they also reflect the added lifestyle benefits of living on higher floors. By understanding how these charges work, buyers can make smarter, more informed decisions about which floor offers the best balance of budget, comfort, and long-term value.

At Urvik Consulting, we guide homebuyers in Thane through every aspect of real estate transactions—right from understanding cost components like floor rise charges to finding the perfect property. With expert advice, you can be confident that your dream home in Thane is not only within budget but also a sound investment.

Benefits for Women Homebuyers in Thane : Buying a home is one of the most significant milestones in life. For women in India, and especially in fast-growing urban hubs like Thane, property ownership represents financial independence, security, and empowerment. With Thane’s rapid development, excellent infrastructure, and booming real estate market, many women are now stepping forward to purchase homes for themselves and their families.

In 2025, both the government and financial institutions continue to encourage this trend by offering special benefits for women homebuyers in Thane. From lower stamp duty to tax deductions and loan concessions, these advantages make homeownership not only easier but also more rewarding.

Here’s a complete buying guide outlining the benefits and key considerations for women purchasing residential property in Thane.

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1. Lower Stamp Duty Rates in Thane

Many states in India, including Maharashtra, provide reduced stamp duty rates for women buyers. For properties in Thane registered under a woman’s name, the difference can result in substantial savings.

💡 Example: In Delhi, women pay 4% stamp duty compared to 6% for men. Similarly, in Maharashtra, certain concessions apply for women buyers, making homes in Thane more affordable. On a ₹1 crore property, even a 1–2% reduction means savings of up to ₹2 lakh.

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2. Concessions on Registration Charges

Apart from lower stamp duty, some states offer discounted registration fees when properties are registered in a woman’s name. For buyers looking at apartments in Thane, this concession further reduces the overall cost of purchase, especially in premium locations like Ghodbunder Road, Pokhran Road, and Kolshet Road.

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3. Higher Loan Eligibility & Lower Interest Rates

Banks and housing finance companies extend special home loan benefits for women in Thane, including:

• Lower Interest Rates: Discounts of 0.05%–0.1% are common. For instance, Union Bank of India offers a 0.05% lower rate on loans for women.
• Higher Loan-to-Value Ratio (LTV): Women may get higher financing compared to men, making it easier to purchase bigger homes or invest in upcoming projects in Thane.

Over the loan tenure, these benefits translate into significant savings.

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4. Tax Benefits for Women in Thane

Women homebuyers in Thane can avail income tax deductions just like anywhere else in India:

• Section 80C: Deduction up to ₹1.5 lakh on principal repayment.
• Section 24(b): Deduction up to ₹2 lakh on interest payments.

If a woman co-owns a property in Thane with her spouse and both are co-borrowers, each can claim these deductions separately, effectively doubling the tax benefits.

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5. Empowerment & Financial Security

Owning a home in Thane strengthens a woman’s financial independence and decision-making power. With Thane’s real estate market steadily appreciating due to new infrastructure projects like the Thane Metro and Borivali–Thane Twin Tunnel, property ownership becomes both a lifestyle choice and a long-term financial investment.

Benefits include:

• Greater autonomy within the family
• Security through asset ownership
• Confidence in financial planning
• An asset that appreciates over time

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6. Exclusive Benefits Under PMAY for Women in Thane

The Pradhan Mantri Awas Yojana (PMAY) offers further incentives for women buyers in Thane:

• Subsidies up to ₹2.67 lakh on home loans
• Mandatory co-ownership by at least one woman in the family to qualify
• Women in the EWS (Economically Weaker Section) and LIG (Lower Income Group) can get an interest subsidy of 6.5%

This makes it easier for women in Thane to buy affordable housing under new and upcoming projects.

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Things Women Should Consider Before Buying a Home in Thane

While the benefits for women homebuyers in Thane are encouraging, here are key aspects to keep in mind:

1. Loan Affordability & EMI Planning

• Use a home loan EMI calculator before committing.
• Factor in additional costs such as society maintenance charges, Thane Municipal Corporation property tax, and insurance.

2. Property Location & Safety

• Choose safe and well-connected areas in Thane such as Majiwada, Ghodbunder Road, or Pokhran Road.
• Check proximity to schools, hospitals, and offices.

3. Legal Documentation

• Verify the title deed and ensure the property is free from disputes.
• For resale flats in Thane, confirm there are no pending loans or encumbrances.

4. Comparing Loan Offers

• Compare banks for interest rates, loan tenure, and processing charges.
• Check for flexibility in prepayments.

5. Insurance & Backup Planning

• Invest in home insurance for protection against natural calamities.
• Maintain an emergency fund for unexpected property-related expenses.

Also Read : Key Legal Checklist for Buying a Property in Thane

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Conclusion

For women in 2025, buying a home in Thane is not just an emotional milestone but also a smart financial decision. With benefits like lower stamp duty, registration concessions, favorable home loans, tax deductions, and PMAY subsidies, women buyers in Thane are better positioned than ever to secure their dream homes.

Beyond financial perks, homeownership empowers women, enhances security, and creates long-term wealth. Given Thane’s infrastructure boom and rising property values, this is the right time for women to step into real estate ownership.

At Urvik Consulting, we help women homebuyers in Thane navigate every step of the process—from identifying the right property to understanding legal documentation and financing options. With the right guidance, women can make confident, informed, and profitable property decisions in 2025.

Thane has emerged as one of the fastest-growing real estate destinations in the Mumbai Metropolitan Region (MMR). Once known as a satellite city, it has now transformed into a modern urban hub with world-class infrastructure, business districts, and residential communities. With its excellent connectivity, growing employment opportunities, and abundance of green spaces, upcoming residential projects in Thane are attracting both end-users and investors.

If you are planning to buy a new home or invest in real estate, here’s a detailed look at the most promising projects and why Thane should be on your radar in 2025.

Why Thane is a Real Estate Hotspot

Before exploring the new launches, let’s understand what makes Thane one of the most preferred residential destinations:

• Connectivity: Thane is well connected to Mumbai, Navi Mumbai, and Kalyan via the Eastern Express Highway, Ghodbunder Road, and the upcoming Metro lines.
• Infrastructure: Upcoming projects like the Thane Metro, Mumbai Coastal Road, and Borivali–Thane Twin Tunnel will further improve accessibility.
• Lifestyle & Amenities: With top schools, healthcare facilities, malls, and IT parks, Thane offers a balanced lifestyle for families and professionals.
• Green Spaces: Known as the “City of Lakes,” Thane offers scenic surroundings with Yeoor Hills, Upvan Lake, and ample greenery.
• Real Estate Growth: Property values in Thane have steadily appreciated, making it a lucrative investment market.

Upcoming Residential Projects in Thane

Here are some of the noteworthy upcoming residential projects in Thane that homebuyers and investors should watch out for:

1. Hiranandani Estate – New Towers

One of the most reputed names in Thane real estate, Hiranandani is expanding its iconic township with new residential towers. Known for luxury living, premium amenities, and lush landscapes, this project is ideal for families looking for a high-quality lifestyle.

Highlights:

• Premium 2BHK & 3BHK apartments
• World-class clubhouse and sports facilities
• Located on Ghodbunder Road with excellent connectivity

2. Lodha Codename Crown Jewel, Majiwada

Lodha Group continues to redefine Thane’s skyline with another landmark project. Positioned at Majiwada, this project promises affordable luxury with modern design.

Highlights:

• Spacious residences with premium finishes
• Integrated township lifestyle with shopping and schools nearby
• Seamless connectivity to Mumbai via Eastern Express Highway

3. Rustomjee Uptown Urbania, Thane West

Rustomjee’s Urbania is already a landmark in Thane West, and its next phase will offer residents a mix of modernity and convenience.

Highlights:

• Smartly designed 2BHK homes
• Community-focused living with lifestyle amenities
• Proximity to schools, healthcare, and business hubs

4. Kalpataru Parkcity, Kolshet Road

Kalpataru’s Parkcity is one of the largest integrated townships in Thane. The upcoming phases are expected to bring more residential towers surrounded by parks and open spaces.

Highlights:

• 2BHK, 3BHK, and larger configurations
• Over 20 acres of green landscapes
• Sports arena, clubhouse, and lifestyle facilities

5. Raymond Realty – The Address by GS, Pokhran Road

Raymond Realty has gained significant traction in Thane’s premium housing market. Their new launches under “The Address by GS” continue to blend luxury with thoughtful planning.

Highlights:

• Elegant high-rise towers with modern interiors
• Close to malls, schools, and hospitals
• Excellent appreciation potential

6. Runwal Eirene, Balkum

Runwal Group is introducing new towers in its Eirene project, offering a mix of affordability and luxury.

Highlights:

• 1BHK to 3BHK configurations
• Family-friendly community living
• Strategic location near Balkum Naka

Key Locations to Watch in Thane

While choosing among these upcoming projects, the location is equally important. Some of the most promising micro-markets in Thane include:

• Ghodbunder Road: Known for connectivity and premium projects.
• Pokhran Road: Popular for luxury high-rises and proximity to business hubs.
• Majiwada: A central hub with excellent infrastructure.
• Kolshet Road: Emerging as a hotspot for integrated townships.
• Balkum & Manpada: Affordable and mid-segment housing options.

Why Invest in Upcoming Projects in Thane?

1. Price Advantage: Buying in the pre-launch or launch phase often ensures lower pricing.
2. Customization: Buyers may get flexible floor plans and interior options.
3. Appreciation Potential: With upcoming infrastructure, property values in Thane are expected to rise.
4. Modern Amenities: New projects focus on sustainable design, smart homes, and lifestyle amenities.
5. Developer Reputation: Reputed builders like Lodha, Hiranandani, Kalpataru, and Rustomjee ensure quality and timely delivery.

Conclusion

Thane’s real estate market is entering an exciting phase with multiple upcoming residential projects from reputed developers. Whether you’re a first-time buyer, a family seeking a spacious home, or an investor looking for long-term returns, Thane offers a variety of options to match your needs.

From luxury high-rises on Pokhran Road to large integrated townships on Kolshet and Ghodbunder Road, the city has something for everyone. With strong infrastructure development and rising demand, investing in Thane today can secure both lifestyle benefits and financial growth in the future.