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The Economic Times

Economy / The Economic Times

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RSVM Hospitality buys 18.6-acre land parcel in Thane for Rs 498 crore

RSVM Hospitality has secured a significant land deal in Thane. The company acquired over 18.6 acres for more than Rs 498 crore from Neterwala Group entities. This large transaction occurred in Majiwada, Thane district. Such acquisitions are fueling future residential and mixed-use developments in the Mumbai Metropolitan Region. Thane's real estate market is experiencing strong growth.

16 Mar 2026 6:05 pm