56 Acre Residential Plot for Sale in Murbad, Thane

Listing ID : 1501710

Property: Non-Agricultural Land at Gut No. 47/3 to 123/B,
Village Fangul Gavhan, Taluka Murbad, District Thane, Maharashtra
1. Property Overview
Type: Non-Agricultural Land
Extent: 223,030 sq. m. (as per NA permission)
Shape: Regular, rocky land with undulating texture
Boundaries:
North – Agricultural Land
South – Internal Road
East – Agricultural Land
West – Agricultural Land
Ownership: Self-occupied, freehold
2. Location & Connectivity
Village: Fangul Gavhan, Taluka Murbad, District Thane
Classification: Rural, middle-class area under Thane Municipality
Accessibility: Internal road within 1 km radius
Nearest Town: Kalyan (approx. 84 km)
Surroundings: Developing locality with nearby villages such as Moroshi, Walhivale, Diwanpada, Sawarne, Ganeshpur, etc.
3. Market Value Assessment
Market Research Rate: ₹5,500 per sq. m.
Total Market Value: 223,030" sq. m."×"₹" 5,500="₹" 1,22,66,65,000
Offer Price: ₹50 Cr
4. Development Potential
Zoning: Non-agricultural, suitable for residential or mixed-use development.
Marketability: Rated “Good” by valuer.
Positive Factors:
Large land parcel suitable for township or gated community projects.
Internal road connectivity.
Freehold tenure ensures clear ownership rights.
Challenges:
Rocky, undulating terrain may require levelling and infrastructure investment.
Rural classification may need additional approvals for large-scale development.
5. Proposal Strategy
Recommended Use: Integrated residential township or plotted development with supporting commercial amenities.
Next Steps:
The prospective investor is to draft an NDA with RS Properties after submitting their profile and LOI.
Conduct legal due diligence (ownership/title verification).
Obtain updated NA permissions and development approvals.
Prepare master plan considering infrastructure (roads, drainage, water, electricity).