The joint development project to be undertaken by L&T is located in Panchpakhadi area in Thane. Oberoi Realty, Rustomjee and Hiranandani have projects in Thane
As per notification dated October 26, 2017, the land has been declared as slum rehabilitation area under the provisions of Section 3C(1) of the Maharashtra Slum Area (Improvement, Clearance and Development) Act, 1971.