The Icon Phase 1 by Siddhi - Thane West

Updated Oct 2026

The Icon Phase 1, Thane West — Highland Garden Road, Dhokali, Thane West

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Homes available in The Icon Phase 1

Which homes are available right now — resale and rental, with asking prices — sent to your WhatsApp by an MPE advisor.

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SOLD OUT

The Icon Phase 1 is sold out by the developer.We can check resale and rental flats in this building for you.

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The Icon Phase 1 price check and key numbers

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Area price trend

₹21,300/sq.ft

-48.9% since Q4 25 · asking rate for homes in Thane West

Who's looking

109 requests

People asked us for Thane West in the last 90 days — 55 to buy.

Getting around

Line 4 Green1.5 km
Borivali-Thane Tunnel1.7 km

A first look at The Icon Phase 1

The Icon Phase 1 is a residential project by Siddhi Group on Highland Garden Road, Dhokali, Thane West, Mumbai 400608. It is registered with MahaRERA under P51700018370 (registered 2022-06-22). The Icon Phase 1 is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 364 units across 2 buildings of up to 33 floors. It offers 2 & 3 BHK homes with carpet areas of 562–904 sq ft. MahaRERA proposed possession: Dec 2023.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Areas filed by the developer in MahaRERA (3)

ConfigurationCarpet

Shop246 ft²

2 BHK562–593 ft²

3 BHK756–904 ft²

These are the areas the developer filed with MahaRERA. Developers often combine or change units, so they may not match what is on sale — our team confirms what is available and the price.

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The Icon Phase 1 floor plans

The Icon Phase 1, Thane West — floor plan 1

The Icon Phase 1, Thane West — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About The Icon Phase 1

Location

The Icon Phase 1 stands on Highland Garden Road, Dhokali in Thane West, Mumbai 400608. Across 2726 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹21,300 per sq ft, and a 2 BHK typically rents for about ₹55,000 a month.

MahaRERA record

The MahaRERA registration number is P51700018370, issued on 22 June 2022. The registered promoter is Leading Frontier Private Limited. The filing lists 2 wings: A2 Madison 2 over 33 floors; B1 Madison 1 over 29 floors. Per the registration, the architect on record is Design Consortium and the project escrow account is with Yes Bank.

Homes and prices

Homes on offer are 2 BHK of 562–592 sq ft; 3 BHK of 756–904 sq ft (carpet area). Best efforts are made to keep prices updated, but they are indicative and may change by 5–10%, so please don't rely on them.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2023.

Developer track record

Siddhi Group has 7 projects tracked on Mumbai Property Exchange, 6 of them delivered (ready or sold out). Other projects by the same developer include Windson Heights.

Buyer demand in Thane West

In the last 90 days, buyers and tenants registered 109 requirements for Thane West with Mumbai Property Exchange, 55 of them to buy and 38 specifically for 2 & 3 BHK homes.

Developer's description ▾

Thane is getting busy by the day and it being in a close proximity to Mumbai city is an added advantage. Located in the Centre of Thane The Icon Phase 1 is designed as per Uptown Manhattan. That is Uptown Manhattan in Thane. The Icon Phase 1 is a Under Construction Project and the location is Highland Garden Road, Dhokali, Thane West and is developed by Siddhi Group. And the possession of the same is likely to be in Jun 2022. The Icon Phase 1 is RERA approved has the Registration Number bearing P51700018370. The Icon Phase 1 is equipped with the best facilities that will enhance your lifestyle. The Icon Phase 1 offers 2 and 3 Bed comfortable residences with amenities that will help you relax and rejuvenate after your busy work schedule. It has swimming pools, Badminton courts, Cricket play area, a jogging track, health club and gymnasium, Multi purpose hall and kid's play area. The Icon Phase one has well equipped Security system. The whole premisis is guarded and is Under CCTV surveillance. You can download the brochure of The Icon Phase 1 and you can see the latest digital pictures, Floor Plans, Location Plans & Rate History on our website. The Bookings for the Under Construction project The Icon Phase 1 are open and we can set up a Site Visit any time at your Convenience. The Icon Phase 1 is approved by most of the Banks and for more details on the approved bank list, please connect with us.

Thane West market

prices, rents & rates

Thane West — resale, rent & yield

Resale

₹21,300/sqft

median · 2726 listings

Rent

₹68.3/sqft/mo

2 BHK ~₹55,000/mo

Gross yield

3.8%/yr

rent vs resale value

From MPE live listings, last 18 months · Mumbai price index ›

Property rates in Thane West

Residential · Sale

₹15,000–45,000/sqft

Commercial · Sale

₹15,000–45,000/sqft

2 BHK · Rent

₹45,000–100,000/mo

Full rates

Property Rates ▸

Upcoming projects & infrastructure in Thane West

take an informed decision

432 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to The Icon Phase 1 is the Line 4 Green, 1.5 km away (under construction · due 2027).

432

MahaRERA projects handing over in the next 5 years

in Thane West

₹22,300/sqft▼

typical asking price

easing this quarter

₹15,000/sqft

ready reckoner rate (government) · carpet

2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value

New projects in Thane West by possession year

2026

121

2027

124

2028

2029

2030

Metro & infrastructure near The Icon Phase 1

🚇Line 4 GreenUnder construction · due 20271.5 km
🚇Borivali-Thane TunnelUnder construction · due 20281.7 km

📜 5,365 registered transactions (IGR) on record in Thane West. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!

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Questions about Thane West prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Thane West, then an advisor calls about your budget and configuration.

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Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

The Icon Phase 1 MahaRERA number and possession date

Possession (proposed)

Dec 2023

Project status

New

MahaRERA No.

P51700018370

Data last updated

Oct 2026

Registered

2022-06-22

Escrow Bank

YES BANK

Architect

Design Consortium

Total FSI

24,277

The Icon Phase 1 towers and phases

2 wings

A2 Madison 2 · 33 fl · — u

B1 Madison 1 · 29 fl · — u

The Icon Phase 1 address and location

📍 The Icon Phase 1, Thane West

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around The Icon Phase 1

The Icon Phase 1 in Thane West is 0.4 km from Balkum metro station, 0.2 km from Narayana e-Techno School and 0.6 km from Highland Speciality Hospital.

Ⓜ Metro stationBalkum0.4 km
Ⓜ Metro stationKapurbawdi Station0.9 km
🏫 SchoolNarayana e-Techno School0.2 km
🏫 SchoolAmber International School0.4 km
🏥 HospitalHighland Speciality Hospital0.6 km
🏥 HospitalNavjeewan Hospital0.6 km
🎓 CollegeUniversity of Mumbai Thane Sub-Campus0.2 km
🛍 MallHigh Street Mall0.9 km
🌳 ParkNandibaba Park0.7 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA

100%average

Foundation100%

Structure100%

Finishing100%

Services100%

See all 11 stages ▾

Basement (if any)100%

Excavation100%

External plumbing and external plaster, elevation, completion of terr…100%

Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%

Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%

Plinth100%

Podiums (if any)100%

Sanitary Fittings within the flats / premises100%

Slabs of Super Structure100%

Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%

Stilt Floor100%

Amenities declared to MahaRERA

Aggregate area of recreational Open SpaceChildren Play AreaCommunity BuildingsDG back upElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & Footpaths

+11 more ▾

Landscaping & Tree PlantingOpen ParkingSecurity SystemSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsStreet LightingSwimming PoolTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Members' lens

The developer's full amenity list, views and home features

From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.

27 brochure amenities

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More by Siddhi Group (Leading Frontier Private Limited)

Windson HeightsThane West · Under Construction

More by Siddhi Group (Leading Frontier Private Limited) →

MahaRERA projects nearby in Thane West

Jagdale Edge611 units Rustomjee La Vie Wing D518 units Lodha Amara Tower 24 And 25460 units Veer Hills441 units Kashish Park Tower C-1345 units Rustomjee La Vie Wing C318 units

Frequently Asked Questions

Where is The Icon Phase 1 located?

The Icon Phase 1 is on Highland Garden Road, Dhokali, Thane West, Mumbai 400608.

What is the price of The Icon Phase 1?

The Icon Phase 1 is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does The Icon Phase 1 offer?

2 BHK – 562 sq ft carpet; 2 BHK – 592 sq ft carpet; 3 BHK – 756 sq ft carpet; 3 BHK – 904 sq ft carpet.

When is possession of The Icon Phase 1?

As per MahaRERA, proposed possession is Dec 2023.

Is The Icon Phase 1 RERA-registered?

Yes — MahaRERA registration P51700018370, registered 2022-06-22.

How many units does The Icon Phase 1 have?

MahaRERA records 364 units across 2 buildings, up to 33 floors.

Who is the developer of The Icon Phase 1?

Siddhi Group (Leading Frontier Private Limited) — 7 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Thane West?

432 MahaRERA-registered projects in Thane West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near The Icon Phase 1?

Line 4 Green — under construction · due 2027, 1.5 km away; Borivali-Thane Tunnel — under construction · due 2028, 1.7 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

How far is The Icon Phase 1 from the nearest metro and railway station?

The Icon Phase 1 is about 0.4 km from Balkum metro station (straight-line distance; road distance is longer).