This Small-Cap Realty Stock Has Surged 14,000%+ in 5 Years. Now It Launches a ₹300 Crore Project

Meghna Infracon Infrastructure Limited has launched Meghna One, a premium Grade-A commercial tower in Wagle Estate, Thane, with an estimated Gross Development Value (GDV) of ₹300 crore. Spread across 2.8 lakh square feet, the 17-storey commercial development marks the company's strategic expansion into large-format commercial real estate in the Mumbai Metropolitan Region (MMR).

Positioned as Thane's first lake-facing, IGBC Gold-certified biophilic commercial tower, Meghna One is designed to offer sustainable office spaces, modern workplace amenities, and wellness-focused infrastructure. The project is expected to cater to startups, SMEs, corporates, and large enterprises seeking premium commercial office spaces in one of Mumbai's fastest-growing business districts.

Key Highlights

Particulars	Details
Company	Meghna Infracon Infrastructure Limited
Project	Meghna One
Location	Wagle Estate, Thane
Project Type	Grade-A Commercial Office Tower
Gross Development Value (GDV)	₹300 crore
Total Development Area	2.8 lakh sq. ft.
Building Height	17 Storeys
Certification	IGBC Gold Certified
Development Partner	Fomento Realty
Launch Date	July 15, 2026

Project Overview

Meghna One has been conceptualized as a next-generation commercial development combining biophilic architecture, sustainable design, and premium workplace infrastructure.

Located in the rapidly developing Wagle Estate commercial district, the tower aims to address the increasing demand for high-quality office spaces in the Thane market while benefiting from improved metro and road connectivity.

According to the company, the project integrates landscaped green spaces, natural lighting, water features, and wellness amenities to create an employee-centric working environment.

Project Specifications

Feature	Details
Total Built-up Area	2.8 lakh sq. ft.
GDV	₹300 crore
Floors	17
Office Configurations	569 sq. ft. to 1,948 sq. ft.
Full Floor Plate	10,500 sq. ft.
Car Parking	183+ planned parking spaces
Parking Structure	Five Podium Levels + Surface Parking
Green Building Certification	IGBC Gold

Office Configurations

The project offers multiple office formats to cater to businesses of different sizes.

Office Category	Approximate Size
Select Offices	Starting from 569 sq. ft.
Growth Offices	Mid-sized configurations
Premier Offices	Large office spaces
Signature Offices	Premium corporate offices
Full Floor Option	10,500 sq. ft.

The flexible configurations are designed to accommodate startups, professional firms, technology companies, financial institutions, and large enterprises.

Premium Amenities

Meghna One has been developed with a focus on workplace wellness and employee experience.

Key Amenities

Amenity	Details
Landscaped Entrance Lobby	Premium arrival experience
Green Terraces	Biophilic workspaces
Recreational Deck	Employee engagement zone
Rooftop Wellness Zone	Gymnasium, swimming pool, steam & sauna
Padel Court	Sports & recreation
Lake-facing Restaurant	Premium dining experience
Natural Daylight Design	Sustainable workplace environment
Water Features	Biophilic architecture

These amenities aim to create a healthier and more productive office environment while aligning with global workplace design trends.

Strategic Location Advantage

Meghna One is located in Wagle Estate, one of Thane's fastest-growing commercial hubs, which is home to more than 1,000 businesses across multiple industries.

The location offers strong connectivity to Mumbai's major business districts through existing and upcoming infrastructure projects.

Connectivity Highlights

Destination	Connectivity
Thane Railway Station	Approximately 1.3 km
Mumbai Metro Line 4	Upcoming
Mumbai Metro Line 5	Upcoming
Bandra-Kurla Complex (BKC)	Easy Road Connectivity
Lower Parel	Accessible via Eastern Express Highway

The improving transport infrastructure is expected to enhance the commercial attractiveness of Wagle Estate over the coming years.

Business Impact

The launch of Meghna One represents Meghna Infracon Infrastructure's strategic entry into the premium Grade-A commercial real estate segment in the Mumbai Metropolitan Region.

With an estimated ₹300 crore GDV, the project is expected to strengthen the company's development portfolio while capitalizing on increasing demand for sustainable office spaces, flexible workplace solutions, and premium commercial assets in Thane.

The project also reflects the broader trend of businesses shifting towards decentralized commercial hubs offering better infrastructure, lower operating costs, and improved accessibility compared to central Mumbai.

Management Commentary

According to Vikram Lodha, Promoter and Managing Director of Meghna Infracon Infrastructure Limited, Meghna One has been designed to combine sustainable biophilic architecture with modern wellness-focused amenities that address the evolving needs of businesses and employees.

He also highlighted Wagle Estate's transformation into a major commercial destination, supported by ongoing infrastructure development and expanding metro connectivity.

Why This Project Matters

The commercial real estate market in the Mumbai Metropolitan Region continues to witness growing demand for Grade-A office developments driven by technology companies, financial services firms, startups, and flexible workspace operators.

Projects incorporating green building certifications, wellness infrastructure, and ESG-focused design principles are increasingly attracting occupiers seeking sustainable workplaces.

Meghna One aligns with these emerging trends while reinforcing Thane's position as an important commercial destination outside Mumbai's traditional business districts.

Outlook

The launch of Meghna One marks a significant milestone in Meghna Infracon Infrastructure's commercial real estate expansion strategy. As infrastructure projects such as Mumbai Metro Lines 4 and 5 become operational, Wagle Estate is expected to witness increased commercial activity and office demand.

Successful execution and sales of the ₹300 crore development could strengthen the company's presence in the Mumbai Metropolitan Region while creating opportunities for future commercial and mixed-use developments.

1. What is Meghna One?

Meghna One is a 17-storey Grade-A commercial office tower being developed by Meghna Infracon Infrastructure Limited in Wagle Estate, Thane.

2. What is the value of the project?

The project has an estimated Gross Development Value (GDV) of approximately ₹300 crore.

3. What is the size of the development?

Meghna One is spread across 2.8 lakh square feet of commercial development.

4. What office sizes are available?

Office spaces range from 569 sq. ft. to 1,948 sq. ft., along with a 10,500 sq. ft. full-floor configuration.

5. What are the key features of Meghna One?

The project offers IGBC Gold certification, biophilic architecture, rooftop wellness facilities, landscaped green spaces, premium office configurations, and over 183 parking spaces.