Bansal Square Thane (BSC IT Park): Office Space Guide
Wagle Estate is one of Thane's long-established business areas, and Bansal Square, listed as BSC IT Park, is one of the commercial projects buyers search for by name. Here is what we know about the project, the location, and what to verify before you buy a unit.
You can see the full listing on the Bansal Square (BSC IT Park) project page.
Bansal Square (BSC IT Park) at a Glance
Project: Bansal Square, listed as BSC IT Park
Developer: Bansal Steel Corporation
Location: Road 16A, Wagle Industrial Estate, Thane West
Type: Commercial
RERA number: P51700045736
RERA registered completion date: 1 June 2024
Scale (RERA-based listings): about 126 units, with carpet areas from about 169 to 387 sq ft
These details come from RERA-based listings. Confirm them on the MahaRERA portal, because completion dates are often extended.
Is Bansal Square Ready or Under Construction?
This is the first question to settle. The registered completion date of 1 June 2024 has already passed, so the project may be complete, close to complete, or running on an extended RERA date. Ask the seller directly whether it is ready, and if it is, ask to see the occupancy certificate. If it is not, ask for the current RERA completion date and the construction stage.
The answer also changes your costs. GST applies to under-construction commercial property but not to a completed building that has an occupancy certificate, so the same unit can cost noticeably different amounts depending on its status.
Location: Wagle Estate
Wagle Estate is Thane's industrial and commercial belt, set up in the 1960s and now home to IT parks, offices and service businesses. Neighbouring commercial parks include Lotus IT Park and Ashar IT Park, and larger developments, including a planned World Trade Centre, are being built in the area. That mix of established and new commercial buildings is a reason many small and mid-size firms look here.
Wagle Estate is generally described as having good access to the Eastern Express Highway and LBS Marg. Check the actual travel time from the building at the hours your team will commute, and the distance to the nearest railway and metro stations.
Unit Sizes and Prices
The project page lists the current sizes and starting prices. RERA-based listings put the carpet area of the 126 units at roughly 169 to 387 sq ft, so this is a building of compact offices and shops rather than large floor plates. Check the current mix on the project page or with the seller.
When you compare prices with other Wagle Estate buildings, use the same area basis on both sides. Ask whether the area quoted is carpet or built-up, and ask for the all-in cost, including GST where it applies, stamp duty, registration, parking and maintenance deposit, in writing.
What to Check Before You Buy
Status and documents. The occupancy certificate, the current RERA page and any extension orders.
Area basis. Carpet or built-up area, and how the seller measures it.
Parking. How many spaces come with your unit and where they are.
Maintenance. The monthly charge, what it covers and any pending dues.
Occupancy and rent. How many units are occupied and what similar units in the building actually rent for.
Power backup and lifts. Whether the building has enough for your kind of business.
Fit-out rules. What interior changes the building allows.
Who Bansal Square Suits
It suits small firms, professionals and investors who want a Wagle Estate address in a compact unit. Buyers who need large floor plates or a branded corporate campus should compare bigger projects as well. Our Wagle Estate vs other Thane commercial hubs post covers how the area compares with the rest of Thane.
Compare Other Wagle Estate Commercial Projects
Frequently Asked Questions
Where is Bansal Square (BSC IT Park) located?
It is on Road 16A, Wagle Industrial Estate, Thane West.
Who is the developer of Bansal Square?
RERA-based listings name Bansal Steel Corporation as the developer.
What is the RERA number of Bansal Square?
The RERA number is P51700045736. Verify it on the MahaRERA portal, including the current completion date.
Is Bansal Square ready to move in?
The registered completion date was 1 June 2024. Ask the seller for the current status and the occupancy certificate before you decide.
Is GST applicable when buying a unit in Bansal Square?
GST applies to under-construction commercial property but not to a completed building with an occupancy certificate. Ask which applies to your unit.
How can I see current sizes and prices?
Check the project page or call +91 98199 42038 or WhatsApp us for the current cost sheet and to arrange a site visit.
Want the current cost sheet and a site visit? Call +91 98199 42038 or WhatsApp us, and we will arrange a visit that suits you.
Explore more: Bansal Square project page | Office space in Wagle Estate | Commercial property in Wagle Estate | Commercial properties