Property Rates in Thane

Property prices in Thane have shown some fluctuation. From ₹8,669 per sq ft in June 2025, prices rose to ₹14,804 per sq ft by September 2025. They then saw a significant increase to ₹15,815 per sq ft in December 2025, before experiencing a dip to ₹15,335 per sq ft as of March 2026. This trajectory suggests a period of growth followed by a recent moderation.

As of March 2026, the average asking price in Thane stands at ₹15,335 per sq ft, while the Government Registration Rate is ₹9,202 per sq ft. This substantial difference of over ₹6,000 per sq ft highlights a considerable gap between what sellers are asking and the rates registered by the government, which can be influenced by various factors including stamp duty and other charges.

Property rates in Thane vary significantly by micromarket. As of March 2026, Thane City commands the highest average rate at ₹18,948 per sq ft, showing a 3.96% appreciation. Bhiwandi is priced at ₹17,175 per sq ft with a 3.62% increase. Dombivli shows strong growth with rates at ₹12,777 per sq ft, appreciating by 16.67%. Kalyan is priced at ₹9,803 per sq ft with a modest 0.58% rise, while Badlapur offers more affordable options at ₹6,587 per sq ft, having appreciated by 9.11%.

As of March 2026, property prices in Thane differ by type. Shops have the highest average price at ₹70,868 per sq ft, showing a significant 41.24% increase. Office spaces are priced at ₹20,359 per sq ft, with a 2.02% appreciation. Villas are priced at ₹13,499 per sq ft, but have seen a substantial depreciation of 39.16%. Apartments, which form a significant part of the market, are priced at ₹15,335 per sq ft, reflecting a 3.04% decrease.

In Thane, property prices vary by construction status as of March 2026. 'Ready To Move' properties are priced at ₹10,890 per sq ft, showing a slight appreciation of 0.28%. 'Under Construction' properties are available at ₹10,271 per sq ft, with a 2.38% increase. 'New Launch' properties are priced at ₹9,416 per sq ft, having appreciated by 4.52%. Properties in 'Advanced Stage' are priced higher at ₹12,243 per sq ft, but have depreciated by 1.21%.

As of March 2026, Lodha Amara and Lodha Upper Thane have recorded the highest number of transactions, with 29 each. Lodha Amara is priced at ₹17,213 per sq ft and has seen a 3.29% decrease in rates, while Lodha Upper Thane is priced at ₹10,730 per sq ft and has experienced an 8.81% depreciation. Dosti Planet North follows with 22 transactions and a rate of ₹11,623 per sq ft, showing a 2.69% appreciation.

As of March 2026, Lodha Amara leads in total transaction value at ₹26.49 Cr, with a current rate of ₹17,213 per sq ft and a 3.29% decrease in rates. Ashar Merac ranks second with ₹21.47 Cr in value and a rate of ₹22,534 per sq ft, showing a slight 0.72% appreciation. Kalpataru Immensa is third with ₹14.05 Cr in value and a rate of ₹21,129 per sq ft, having seen a 3.23% depreciation.

Lodha is the leading developer in Thane by transaction volume, with 217 transactions. Dosti Group follows with 50 transactions, and Runwal is third with 48 transactions. Mohan is fourth with 44 transactions, and Hiranandani is fifth with 42 transactions, indicating significant market presence for these developers.

Lodha leads in total transaction value in Thane with ₹133.31 Cr from 217 transactions. Hiranandani follows with ₹71.54 Cr from 42 transactions. Dosti Group ranks third with ₹41.83 Cr from 50 transactions, followed by Kalpataru with ₹34.11 Cr from 24 transactions, and Runwal with ₹31.01 Cr from 48 transactions.

As of March 2026, the average rental rate in Thane is ₹45 per sq ft. The city offers a rental yield of 3.52%, which represents the annual return on investment from rental income relative to the property's capital value. This yield figure is crucial for investors looking to understand the income-generating potential of properties in Thane.

In Thane, rental rates vary significantly by BHK configuration as of March 2026. Studio apartments average ₹16,852 per month, while 1 BHK units are around ₹21,164 per month. Rents increase for larger units, with 2 BHK apartments averaging ₹36,025 per month, 3 BHK units at ₹56,432 per month, and 4 BHK apartments reaching ₹1.01 Lakh per month. Larger configurations like 5 and 6 BHK command higher rents, at ₹1.59 Lakh and ₹1.45 Lakh per month, respectively.

Rental rates across Thane's micromarkets show variation as of March 2026. Bhiwandi has the highest average rental rate at ₹67 per sq ft, with a 4.69% increase. Thane City follows with ₹59 per sq ft and a 5.36% appreciation. Dombivli offers rentals at ₹32 per sq ft, showing a 10.34% increase, while Kalyan is at ₹33 per sq ft with a 2.94% decrease. Badlapur has the lowest average rental rate at ₹28 per sq ft, experiencing a 9.68% decrease.

As of March 2026, rental rates in Thane differ across property types. Shops command the highest average rental rate at ₹142 per sq ft, though this has seen a 15.98% decrease. Office spaces are available for rent at ₹130 per sq ft, with a slight 0.76% depreciation. Apartments, a major segment, are rented at ₹45 per sq ft, reflecting a significant 16.67% decrease. Plots are available at ₹35 per sq ft with stable rates.

As of March 2026, several projects in Thane command premium rental rates per square foot. Hiranandani Lake Enclave Glendale in Thane City is listed at ₹99 per sq ft with stable rates. Borkar Windsor and Shree Mangesh CHS, both in Thane City's Naupada locality, are also at ₹94 and ₹93 per sq ft respectively, with stable rates. Rajshree Flora in Dombivli East is at ₹90 per sq ft, and Hiranandani Solitaire Studio Apartment on Ghodbunder Road is also at ₹90 per sq ft, showing a 2.27% appreciation.