1 week ago
Welspun One Targets Year-End Completion for WTC Thane Project
Welspun One is building a large business and shopping project in Thane called WTC Thane.
The company says it wants to finish the project by the end of 2026.
More than ₹1,000 crore will be invested, including money spent by tenants on their own spaces.
The project will cover 1.2 million square feet.
It will have offices, shops, food and beverage outlets, and urban delivery centres.
More than 50 brands are expected to be part of the development.
Aditya Birla Group has already leased space for its vault operations, and Welspun Group has also signed up.
The project is expected to support about 5,000 employees when its tenant ecosystem is operating.
Welspun One plans to complete the WTC Thane project by the end of 2026.
The development involves more than ₹1,000 crore in investment, including tenant-funded space investments.
WTC Thane will offer 1.2 million square feet of commercial development.
The integrated destination will combine Grade A offices, retail experience centres, F&B outlets and Urban Distribution Centres.
The project is currently 30% leased, with offers to lease covering an additional 20% or more of the area.
- Who
- Welspun One is developing WTC Thane, with Aditya Birla Group and Welspun Group among the announced occupiers.
- What
- A 1.2-million-square-foot integrated commercial development is targeted for completion by year-end.
- Where
- Thane, India.
- When
- Completion is targeted by the end of 2026; the article was published on August 25, 2026.
- Why
- The project is intended to combine offices, retail experiences, F&B and urban logistics in one commercial destination.
Key facts
- Developer
- Welspun One
- Project
- World Trade Center Thane
- Target completion
- End of 2026
- Investment
- More than ₹1,000 crore, including tenant investments
- Commercial area
- 1.2 million square feet
- Expected employment
- About 5,000 employees across the tenant ecosystem
- Leasing status
- 30% leased, with offers to lease for more than 20% of the area
Quotes
Neeraj Balani
Chief Customer Officer at Welspun One
“As we move towards completion, WTC Thane is set to establish a new benchmark for commercial spaces designed to serve businesses, brands and consumers in a growing urban market like Thane”
thehindubusinessline.com
Sources
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