Mankoli, off the Thane-Dombivli Link Road and the Mumbai-Nashik Expressway, is where Lodha has built one of its largest single-location footprints in the eastern Mumbai Metropolitan Region. The company has been utilizing land parcels in Palava and Upper Thane and plans to take this up to 3,500 acres over time. Upper Thane, the group's flagship township in this belt, sits directly beside Lodha Villa Royale Gold, which occupies its own 24-acre parcel off the Mumbai - Nashik Expressway, next to Lodha Upper Thane, Thane, Maharashtra 421302.
Lodha was founded in 1980 by Mangal Prabhat Lodha, who started off building middle-class homes in Mumbai's far-flung suburbs. The business scaled up after the founder's sons joined in 2003, and the listed entity — first known as Macrotech Developers, later renamed Lodha Developers — completed an initial public offering in 2021 and was renamed to Lodha Developers in June 2025. Some of its notable projects include Lodha Altamount, Lodha World Towers, Lodha Bellissimo, Trump Tower Mumbai and Lodha Park. The company is also credited for developing Palava, an integrated smart city near Mumbai. On the back of this portfolio, the group reported revenue of ₹13,779 crore in 2025.
Thane has been central to that growth story since the company's early years, and it remains so today. Among developers active in the Thane market, Lodha leads in transactions (217) and value (₹133.31 Cr), followed by Hiranandani and Dosti Group — a scale advantage that is visible on the ground in Mankoli, where Lodha operates several projects within a few kilometres of each other.
Where most of Lodha's Thane portfolio is built as high-rise apartments, Villa Royale Gold takes a different form. It is a 24-acre gated community with vast land plots and villas in Mankoli, Thane. The project includes 3, 4 and 5 BHK villas, with sizes starting from 2,268 sq ft and extending up to 4,353 sq ft, laid out across 287 units, ensuring a spacious and low-density living environment. Unlike the tower-led developments nearby, every home stands on its own plot instead of sharing walls with neighbouring residences, with private gardens and open yards forming part of the layout.
The estate is organised around a central water body, and the villas provide breathtaking lake views. On-site amenities include a grand clubhouse, gymnasium, steam room, swimming pool, jogging track, indoor games room and basketball court. The project is registered under RERA numbers P51700026503 and P51700054370, and the current project status is under construction.
Villa Royale Gold's location is built around road access rather than rail proximity. The Eastern Express Highway, Thane Dombivli Link Road, Mumbai Nashik Highway, and Mankoli Bridge form the connectivity routes around the estate, and per the developer, the project is 20 minutes from Lakeshore Mall, Majiwada in Thane, and 5 minutes from Dombivli (West) via a 45m wide road. Square Yards notes the estate's road links towards Thane, Dombivli, and the Mumbai-Nashik Highway, with connectivity extending to Powai, Western Mumbai, and Thane's business districts.
Villa Royale Gold sits within a cluster of Lodha developments that together cover most housing segments in the locality. Under the Upper Thane brand, Woodlands offers low-budget apartments in Studio, 1 and 2 BHK configurations priced around ₹7,200 per sq ft, while Casa Eden offers 1, 2 and 3 BHK apartments at roughly ₹11,000 per sq ft. A newer high-rise addition, Casa Verdura, is being built on 8 acres across 2 towers of G+30 floors with 2 BHK residences of 572-676 sq ft, with a target possession of December 2026. Set against this backdrop, Villa Royale Gold occupies a distinct low-density, villa-only niche within the same Lodha-dominated stretch of Mankoli.
Thane's broader residential market has held a wide pricing band through 2026, with the city averaging ₹15,335 per sq ft as of March 2026. Within this spread, the Bhiwandi micromarket that borders Mankoli was tracked at ₹17,175 per sq ft with a 3.62% increase, while neighbouring Dombivli sits lower at ₹12,777 per sq ft — positioning Mankoli as a transitional pocket between the two.
Infrastructure upgrades already announced for the immediate area reinforce this positioning: the upcoming Motagaon-Mankoli Bridge is expected to streamline traffic flow, the Orange Line of the Metro will connect the locale via Bhiwandi station, and the Samruddhi Mahamarg will offer better connectivity once completed. On social infrastructure, residents of the belt already have access to established facilities such as Shushrusha Hospital Thane, Mahalaxmi Hospital Thane, and City Hospital and Polyclinic, along with rail access from Bhivandi Road railway station and Kopar railway station. For a buyer evaluating Lodha's villa product here, these are the same infrastructure drivers that have supported the group's decade-long build-out of Upper Thane immediately next door.