Sugee Unveils 52-Acre Commercial District in Thane West
Sugee Group has unveiled Sugee Lake District, a 52-acre waterfront development in Thane West that will combine commercial offices, retail, hospitality and lifestyle spaces.
Located opposite Korum Mall near Cadbury Junction in Khopat, the project fronts the Eastern Express Highway and marks the developer’s entry into the Thane real-estate market.
The first commercial tower within the development is planned as a ground-plus-45-storey building.
Office spaces will range from approximately 800 sq. ft. to 6,000 sq. ft., with adjoining units capable of being combined for businesses requiring larger spaces.
Typical floor plates will measure approximately 46,000 sq. ft., providing flexibility for companies with different workspace requirements.
The development will also feature high-street retail, dining and a six-acre lakeview promenade overlooking Siddheshwar Lake.
The commercial component has been registered under the LEED green-building rating system. Architect Hafeez Contractor is leading the design, Sterling is the structural consultant and Skidmore, Owings & Merrill is undertaking peer review.
The project is significant for Thane because it adds large-scale organised commercial inventory to a market traditionally associated heavily with residential development.
Its location near Cadbury Junction also provides access to the Eastern Express Highway and established residential catchments across Thane. Future infrastructure projects could further improve regional connectivity.
Sandeep Sadh’s Take:
“Thane has already established itself as a major residential market. Large Grade-A commercial developments can now help create more employment closer to these residential catchments and strengthen Thane as a more complete business district.”
