The Thane Municipal Corporation, home turf of Maharashtra Chief Minister Eknath Shinde, has announced the construction of its new administrative building at an estimated Rs 727 crore, reported news agency PTI.

The office block will have a 32-floor structure and a 5-storey 'Mahasabha' building besides two basement parking levels, said an official from Thane Municipal Corporation (TMC) on Saturday, reported PTI.