In the bustling heart of Thane, a new development promises to redefine urban luxury—Lodha Stella, the latest residential offering by Lodha Group, one of India’s most reputed real estate developers. Located in Majiwada, a key growth corridor of Thane West, the project is marketed as the perfect confluence of convenience, class, and connectivity. But amid sky-high real estate prices, the million-rupee question remains: Is Lodha Stella in Majiwada truly a dream home, or is it an overpriced reality masked in marketing sheen?
Let us help you find your perfect property! Click below to schedule a consultation.
Thank You
About Lodha Stella Majiwada
Lodha Stella Majiwada is a premium residential project consisting of two high-rise towers, with configurations ranging between 3 and 4 BHK apartments. It’s part of a larger Lodha Majiwada Thane project ecosystem, including residential and commercial developments. Lodha Groups, synonymous with luxurious, high-quality housing across Mumbai and beyond, are developing the project.
Designed with contemporary aesthetics, cutting-edge amenities, and curated lifestyle experiences, Lodha Stella aims to attract HNIs (High Net-Worth Individuals), corporate professionals, and upwardly mobile families looking to settle in Thane.
Location: Why Majiwada?
The location of Lodha Stella in Majiwada Thane is one of its biggest selling points. Majiwada has witnessed rapid urban development, with infrastructure projects, premium housing, malls, and schools mushrooming in the last decade. Some of the key location advantages include:
Excellent Road Connectivity
Positioned near the Eastern Express Highway, Lodha Stella allows easy commuting to Mumbai, Navi Mumbai, and Central Suburbs.
Access to Employment Hubs
Business districts like Lodha iThink, TCS Olympus Centre, and Hiranandani Business Park are within a 5 to 10 km radius.
Public Transport
The area is well-served by BEST, TMT, and NMMT buses, and will be further enhanced by the upcoming Metro Line 4 (Wadala-Ghatkopar-Kasarvadavli).
Proximity to Essentials
Hospitals like Jupiter and Bethany, schools such as C.P. Goenka, and malls like Viviana and Korum are all within a 2–3 km radius.
With these features, Majiwada Thane property has become a buzzword among developers and investors alike.
Lodha Stella Floor Plan & Configurations
A deep dive into the Lodha Stella floor plan shows that the project is aimed at offering spacious, well-ventilated, and thoughtfully designed homes. Some highlights:
3 BHK Units
- Carpet Area: 1186 to 1498 sq. ft.
- Ideal for: Families looking for a mix of luxury and utility
4 BHK Units
- Carpet Area: 2067 to 2088 sq. ft.
- Ideal for: Joint families or buyers seeking expansive living areas
Each unit features:
- Decks and balconies with panoramic views
- Vitrified flooring and premium fittings
- Modular kitchen setups
- Energy-efficient lighting and ventilation
These features align with Lodha’s reputation for offering luxury without compromising on functionality.
Explore this blog to discover why Majiwada is the new hotspot for real estate investment
Why Majiwada is the New Hotspot for Real Estate Investment
Amenities That Match a 5-Star Lifestyle
Lodha Stella doesn’t just offer apartments; it promises a lifestyle. The project comes packed with premium, resort-like amenities:
- Clubhouse (15,000+ sq. ft.): Includes gym, indoor games, spa, lounge, and library.
- Outdoor Recreation: Swimming pool, landscaped gardens, jogging track, and amphitheater.
- Kids Zone: Children’s play area and toddler-friendly zones.
- Security: Smart access control, CCTV surveillance, and 24/7 security staff.
- Retail and Dining: In-house retail outlets and cafes for day-to-day conveniences.
- Ganesh Temple: For those seeking spiritual sanctity at home.
For buyers scouting flats in Majiwada Thane, these offerings elevate Lodha Stella above the average residential project.
Is Lodha Stella Overpriced?
Here’s where the debate intensifies. While Lodha new project in Thane Majiwada offers undeniable luxury, does the price truly reflect its value?
Cost Comparison with Nearby Projects
In comparison to similar developments in Majiwada and nearby localities:
- Rustomjee Urbania: Offers 2 & 3 BHK units
- Tata Serein: 3 BHK configurations.
- Kalpataru Immensa: Offers competitive pricing.
At ₹3.5 Cr onwards for a 3 BHK and upwards of ₹5.5 Cr for a 4 BHK, Lodha Stella Majiwada is undeniably more expensive. But this may be justified by the brand, floor plans, and comprehensive lifestyle services.
Legal Perspective: Due Diligence Before You Buy
From a legal standpoint, investing in Lodha Stella Thane seems to offer some transparency:
RERA Registration
- RERA ID: P51700053017
- Significance: Ensures that the project complies with Maharashtra Real Estate Regulatory Authority guidelines and promotes buyer confidence.
Title and Ownership
- Ensure that the Lodha Group has a clear, marketable title to the land.
- Buyers should demand title reports, land deed copies, and municipal approvals before booking.
Approvals and Compliance
Check if the project has:
- Fire NOC
- Environmental clearance
- TMC approvals
- OC/CC (on possession)
Construction Linked Payment Plans
Lodha typically offers flexible plans, but read the fine print around:
- Interest rates on late payments
- Refund clauses
- Force Majeure scenarios (especially post-pandemic)
Society Formation & Maintenance
Clarify terms related to:
- Society handover timelines
- Maintenance charges
- Builder’s liability post-handover
Engaging a property lawyer before signing the agreement is a wise step, even in a project from a reputed builder like Lodha.
Is Lodha Stella an Investment Opportunity?
If you’re considering Lodha Stella as an investment, here’s what you should weigh:
Capital Appreciation
- Majiwada has grown steadily in the past 5–7 years, with average property prices rising by 8–10% annually.
- With Metro projects, road expansions, and the rise of commercial hubs, the area is likely to witness future appreciation.
Rental Potential
- Thane’s proximity to Powai, BKC, and Airoli makes it attractive for tenants.
- Estimated rental for 3 BHK in this project: ₹65,000–₹80,000/month.
- For 4 BHK: ₹1.2 lakh/month and above.
Exit Strategy
- Being a branded project with limited units, Lodha Stella could enjoy liquidity advantages during resale, provided the market remains buoyant.
Explore this blog to discover the best Lodha Group projects in Mumbai
Elevate Your Lifestyle: The Best of Lodha Group Projects in Mumbai
Buyer Profile: Who Is Lodha Stella Designed For?
Lodha Stella targets a very specific buyer demographic—primarily upper-middle-class and affluent individuals who value branded residences, curated lifestyle amenities, and future asset appreciation. This includes:
- Corporate professionals and NRIs who are looking for luxurious second homes
- Business families seeking to upgrade their lifestyle
- Long-term investors banking on Thane’s infrastructure boom
- Senior executives desiring large homes close to Mumbai but away from the congestion
It is not necessarily a viable option for first-time homebuyers or middle-income families due to its pricing and premium positioning within the Majiwada Thane property segment.
Customer Reviews and Public Sentiment
While construction is underway and possession is expected in 2029, early buyers and channel partners have mostly expressed positive views:
Pros:
- Reputed builder with a timely delivery track record
- Prime location in Thane’s most developed neighbourhood
- Modern floor layouts and intelligent design
- Strong resale and rental demand expected
Cons:
- Premium pricing deters budget-conscious buyers
- The construction timeline (2029) may not suit urgent buyers
- High maintenance costs are anticipated due to luxury amenities
Financing and Home Loan Options
Given the high ticket size of the apartments, financing plays a crucial role for potential buyers. Most major banks and NBFCs offer home loans for Lodha Stella at competitive interest rates.
Loan Eligibility:
- Salaried buyers: Income proof, employment stability
- Self-employed: ITRs, business financials, bank statements
- NRIs: Passport, visa, overseas income documentation
Benefits:
- Construction-linked plans: Minimise interest outgo during the under-construction phase
- Subvention schemes (if available): Pay only a token amount until possession
- Tax benefits: Under sections 80C and 24B
Buyers interested in Majiwada Thane property should carefully review loan terms and consider pre-approvals for faster booking.
The Lodha Brand Factor
One of the main reasons Lodha Stella Majiwada commands a premium is because of the brand’s reputation. Lodha Groups is known for:
- Delivering large-scale townships (e.g., Palava City, Upper Thane)
- Partnering with global architects and interior designers
- High resale value due to brand trust
- Strong after-sales and facility management services
While the project is more expensive than average, this brand equity could translate into better returns and ease of resale in the future.
An underrated yet vital aspect of modern housing is community life. Being part of the Lodha Majiwada Thane project, Stella offers a chance to be in a curated community with like-minded, urban families.
Benefits include:
- On-site social events and clubs
- Resident committees for transparent governance
- Safe spaces for children and seniors
- Opportunities for networking and collaboration
In contrast, many older flats in Majiwada Thane may lack the infrastructure or organised community management that Lodha Stella offers.
Final Verdict: Dream Home or Overpriced Reality?
So, what’s the final take on Lodha Stella Majiwada?
If you’re looking for:
- A branded, future-ready residence in the Majiwada Thane property zone
- Access to top-tier amenities, infrastructure, and a high-quality lifestyle
- Reliable construction from Lodha Group
…then Lodha Stella is undeniably a dream home.
However, if:
- You are budget-conscious
- Seeking quicker possession
- Prefer lower ongoing maintenance costs
…then you might find Lodha Stella leaning toward the overpriced end of the spectrum.
Tips for Buyers
Before committing to Lodha Stella Majiwada, consider these pro tips:
- Visit the site to assess construction quality and project progress.
- Consult a legal advisor to vet agreements and builder documents.
- Compare floor plans with competing projects for better clarity.
- Check your loan eligibility and pre-approval terms.
- Negotiate offers – developers often provide early bird or festival discounts.
Conclusion
In conclusion, Lodha Stella is an ambitious, premium residential venture that adds value to the Lodha Majiwada Thane project landscape. It brings aspirational urban living to Thane’s doorstep, but not without its price tag. Whether it’s your dream home or an overpriced choice depends on your financial capability, lifestyle preferences, and long-term vision.
For many, the brand trust and future potential make it a sound investment. For others, alternatives in the same area may offer better value.
Frequently Asked Questions
- What makes Lodha Stella different from other flats in Majiwada Thane?
Unlike most flats in Majiwada Thane, Lodha Stella offers a luxury lifestyle experience with features like a 15,000+ sq. ft. clubhouse, landscaped gardens, high-street retail, and a Ganesh temple, along with premium finishes in every apartment.
- Is Lodha Stella worth the price, or is it overpriced?
While Lodha Stella is priced higher than other nearby developments, the premium may be justified by its strategic location, amenities, builder reputation, and future appreciation potential. However, budget-conscious buyers may find it on the expensive side compared to other flats in Majiwada Thane.
- How does Lodha Stella compare with other Lodha new projects in Thane Majiwada?
Compared to other Lodha new projects in Thane Majiwada, Lodha Stella focuses on ultra-premium living with fewer but more spacious units, making it ideal for HNIs and families seeking exclusivity rather than compact urban housing.
Disclaimer: The information presented in this blog is based on insights from real estate professionals and data sourced from reliable and publicly available platforms. While we strive to ensure the content is accurate and current, we do not guarantee its completeness or accuracy. This content is intended for informational purposes only and should not be construed as legal, financial, or professional advice. We disclaim any liability for errors, omissions, or outcomes from using this information. Readers are strongly advised to conduct their due diligence and consult with qualified experts before making any real estate investment or purchase decisions.
