Thane has emerged as one of the largest housing hub in the Mumbai Metropolitan Region. The presence of leading developers from the estate fraternity is reflective of Thane's clout in the sector. Top developers like Hiranandani, Rustomjii, Acme, Lodha, Sheth, kalpataru, Dosti-Runwal-names that built their currently active in Thane, while Puraniks, Cosmos, Vijay and others have built formidable reputations on the strength of their projects in Thane over the years.
Thane has withnessed a transition from being a manufacturing Industrial hub to an economy driven largely by services sector. Large tracts of Industrial land have been redeveloped into meaningful intergrated township, with a surge in service-based employment from from IT/TES sector supporting his turnaround. With the emergence of new business districts, Thane has become a destination of choice from home buyers.