Sugee Group announced the launch of Sugee Lake District, a 52‑acre waterfront commercial development situated in Thane West, opposite Korum Mall and near Cadbury Junction in Khopat, with direct frontage on the Eastern Express Highway. The project marks Sugee Group’s entry into the Thane market and is positioned as a world‑class business district that reflects the city’s sustained economic growth and its emergence as one of the fastest‑growing commercial real‑estate markets in the Mumbai Metropolitan Region. The development will deliver Grade A++ commercial office spaces offering panoramic lake and city views, complemented by high‑street retail, fine dining options and a six‑acre lake‑view promenade, all registered under the LEED green‑building rating system. Nishant Deshmukh, Founder and Managing Partner of Sugee Group, stated that the district is intended for businesses, brands, entrepreneurs and investors seeking a premium address that integrates work, lifestyle and well‑being. The first landmark within the district is a ground‑plus‑45‑storey commercial tower providing office units ranging from approximately 800 sq ft. to 6,000 sq ft., with the ability to combine adjoining units; typical floor plates are about 46,000 sq ft. The tower will be served by 46 high‑speed elevators and dedicated service elevators. Tenant amenities are extensive, featuring a rooftop lounge, café, fitness centre, steam room, pickleball court, turf, indoor games room, crèche, pet‑crèche, medical room and a red‑light therapy room. Architectural design is led by Padma Bhushan‑award‑winning Hafeez Contractor, with Sterling acting as the structural consultant and Skidmore, Owings & Merrill (SOM) providing peer review. The location offers strong connectivity through the Eastern Express Highway, the expanding metro network, the Borivali–Thane Twin Tunnel, Thane Coastal Road, a proposed bullet‑train station, a redeveloped Thane railway station and the Thane Integral Ring Metro. Regional access is further enhanced by the Samruddhi and Mumbai–Vadodara expressways, the Virar–Alibaug Multimodal Corridor, the Goregaon–Mulund Link Road, the Delhi–Mumbai Industrial Corridor and proximity to the international airport. Sugee Lake District is presented as a response to Thane’s growing demand for well‑planned commercial spaces that support business expansion and long‑term investment, aligning with the city’s branding as N.I.C.E.™ – New India’s City of Economic‑Growth™. (Disclaimer: The press release is provided under an arrangement with PNN; PTI assumes no editorial responsibility.)
Sugee Group Unveils 52‑Acre Lake District
Expansion / Capex
Price while announcement
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