PARANJAPE CODENAME LIGHTHOUSE (LIGHTHOUSE IN THE CITY) — New Project Coming Up in Hiranandani Meadows, Thane
Paranjape Codename Lighthouse Announced in Hiranandani Meadows
Paranjape Schemes announced a strategic partnership with Empire Grand for their Thane project, Lighthouse in the City, a new residential development in Hiranandani Meadows. The project spans 4.84 acres and will comprise 1,041 units, priced from Rs. 1.2 crore onwards, with RERA registration number P51700022773.
Strategic Location and Land Position
The project occupies the last land parcel in the Meadows area and will become one of the tallest buildings in the area. The project is well-connected to major roads like Eastern Express Highway, Thane Ghodbunder Road, and Agra Road, making it an ideal location with promising future growth potential. Thane railway station is just 10 minutes away, and upcoming metro stations at Majiwada and Manpada are within minutes of the project.
Design and Unit Configuration
The project features two beautifully designed towers with spacious 2 and 3 BHK apartments, offering flexible layout options for varied household sizes and preferences. Each residence is thoughtfully designed to ensure optimal natural light and ventilation in every room.
Amenities and Infrastructure
The property is spread over 30,000 sq. ft. of open spaces and includes a sky lounge, yoga deck, multipurpose areas, reflexology paths, barbecue zones, and cabanas, along with fitness options like dedicated spaces for aerobics, Zumba, and dance. World-class amenities include a state-of-the-art fitness center, swimming pool, and landscaped gardens.
The development incorporates sustainability features including a sewage treatment plant, rain-water harvesting, and planned use of solar energy.
About Paranjape Schemes
Established in 1987 by Shrikant Paranjape and Shashank Paranjape, the company has completed over 190 projects and built over 30,000 homes across Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru. Paranjape has 200+ projects across 9+ cities and 7 countries, covering 20 million sq ft of development. The company's portfolio includes residential, commercial, hospitality, and SEZ projects.
Thane's Growing Real Estate Market
Thane City achieved its highest-ever transaction value of ₹15,400 crore in 2025, with average home prices reaching ₹1.22 crore, reflecting a 36% rise since 2021. Thane has emerged as one of the fastest-growing residential destinations in the Mumbai Metropolitan Region, with remarkable infrastructure development and improved connectivity.
The Thane real estate market has matured into a dependable residential zone where demand comes largely from end users, not short-term investors, keeping pricing stable and practical.