Date: 27 January, 2026 Author: Team Piramal Realty
Flat Prices in Mulund vs Thane: Which Offers Better Value for First-Time Buyers?
For a first-time home buyer, selecting the correct location is crucial for long-term happiness and value. In the Mumbai metropolitan area, popular options include flats in Mulund and flats in Thane, both offering a blend of suburban comfort and city convenience. Mulund is known for upscale housing projects with quality construction, top-notch amenities, and excellent connectivity, which is reflected in its higher price points. Conversely, Thane offers a broader range of housing options, from affordable to luxury apartments, making it a preferred choice for those looking for value and growth potential.
In this blog, Piramal Realty examines and compares property prices, lifestyle amenities, and connectivity options in these important neighborhoods, helping you make an informed decision about where to buy your first home.
Why Consider Flats in Mulund for Your First Home?
Flats in Mulund often command higher prices because of their prime location and premium features, with proximity to the Eastern Express Highway and LBS Marg offering easy access to South Mumbai and other key business hubs. The neighborhood combines a peaceful, green environment with top schools like Podar International and DAV International, and reputable healthcare centers such as Jupiter Hospital, offering families the quality of life they seek.
Why Flats in Thane Attract First-Time Buyers
Flats in Thane offer greater affordability without sacrificing essential amenities. Thane's extensive area features many residential projects suitable for first-time buyers, often with larger floor plans at competitive prices. Neighborhoods like Balkum and Kolshet are emerging hubs with connectivity through the Eastern Express Highway and upcoming metro lines.
Thane's expanding infrastructure, including schools and hospitals, increases its appeal to families and professionals alike. The area's growth prospects offer excellent opportunities for capital appreciation, balancing cost and lifestyle for buyers seeking smart investments.
Comparison of Mulund vs Thane
| Aspect | Mulund | Thane |
|---|
Average Price per sq. ft
(Multiple Sources: ET, Business Standard, Ghar.tv) | ₹18,500 to ₹29,350 per sq ft | ₹19,800 per sq ft |
| Piramal Realty Project | Piramal Revanta
Luxury 1, 2 & 3 BHK | Piramal Vaikunth
1, 2, 3 BHK and Townhomes |
| Connectivity | Eastern Express Highway, LBS Marg, Metro Line 4 (Green Line) | Eastern Express Highway, Upcoming Metro Line 4 |
| Neighborhood | Mulund offers a calm, premium lifestyle with strong community spirit and excellent connectivity to key areas, making it ideal for buyers seeking exclusivity and proximity to greenery and reputed schools. | Thane presents a more affordable option with larger homes, newer infrastructure, and growing commercial hubs, catering well to families and professionals seeking value and space. |
| Lifestyle | Upscale, Green, Quiet | Affordable, Growing, Urban |
Overview of Piramal Realty Apartments in Mulund and Thane
Piramal Revanta in Mulund features luxury high-rises with modern designs and spacious 1 BHK, 2 BHK, and 3 BHK apartments that overlook the vast Sanjay Gandhi National Park.
This residential property in Mulund highlights wide green spaces and a range of amenities, including swimming pools, gyms, various sports facilities, clubhouses, and jogging tracks. At the same time, its prime location offers excellent connectivity, enhancing the premium living experience.
Meanwhile, Piramal Vaikunth in Thane offers multiple clusters with 1 BHK, 2 BHK, and 3 BHK flats, including ready-to-move-in and under-construction homes. The project features high-quality infrastructure, flexible layouts, and a vibrant community environment enhanced by amenities such as parks, play areas, fitness zones, and the ISKCON temple on-site—making it an ideal choice for first-time buyers seeking comfortable, growth-focused living.
Choosing between flats in Mulund and Thane requires careful consideration of your lifestyle needs, budget, and future plans. Mulund’s affordability, family-friendly projects, and emerging infrastructure make it a strong option for first-time home buyers seeking value and comfort.
Thane offers upscale living, established amenities, and strong growth prospects for buyers willing to invest in a mature market. With careful planning and knowledge, first-time buyers can find a home that provides both a luxurious living experience and promising investment potential.
Frequently Asked Questions
What is the average price range for flats in Mulund?➕Prices in Mulund generally range from about ₹18,500 to ₹29,350 per sq ft, depending on the location and development.
What is the average price range for flats in Thane?➕The average price range for flats in Thane is ₹19,800/sq. Ft, which is a steep jump of 46%, from ₹13,550/sq. ft. in Q2 2022
Which area provides better connectivity to Mumbai's commercial districts?➕Both Mulund and Thane have strong road and rail connections, including upcoming metro lines that enhance access to major business hubs.
What amenities are offered in Piramal Realty projects in these areas?➕Piramal Realty projects offer premium amenities such as fitness centers, swimming pools, landscaped gardens, and community spaces designed for urban family living.
Disclaimer - This article is based on the information publicly available for general use as well as reference links mentioned herein. The views expressed above are for informational purposes only based on industry reports and related news stories. Piramal Realty does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information. Piramal Realty expressly disclaims/disowns any liability, which may arise due to any decision taken by any person/s basis the article hereof. Readers should obtain separate advice with respect to any particular information provided here in.
