Property Rates in Thane 2026

Property prices in Thane have shown a mixed trajectory leading up to June 2026. The city rate was recorded at ₹16,050 per sq ft in June 2026, following ₹15,350 per sq ft in March 2026, ₹15,800 per sq ft in December 2025, and ₹14,800 per sq ft in September 2025. This fluctuation suggests that the market is navigating varying levels of demand and supply across different quarters.

The average asking price in Thane is ₹15,350 per sq ft, while the Government Registration Rate is ₹9,600 per sq ft as of the period between September 2025 and August 2026. Understanding this gap is essential for buyers, as the Government Registration Rate serves as a baseline for stamp duty and registration fee calculations, which may differ from the prevailing market-driven asking prices.

Among the key neighbourhoods in Thane, Thane City commands the highest average asking price at ₹18,950 per sq ft, having appreciated by 0.07% from the previous period. Conversely, Badlapur offers a more accessible entry point with an average asking price of ₹7,100 per sq ft, which has seen a notable appreciation of 7.59%.

Property rates in Thane vary significantly by asset class as of June 2026. Shops are priced at ₹66,050 per sq ft (depreciating by 6.82%), office spaces at ₹25,850 per sq ft (appreciating by 26.98%), apartments at ₹16,050 per sq ft (appreciating by 4.73%), and villas at ₹13,500 per sq ft (depreciating by 39.16%). These trends highlight the high demand for commercial office assets compared to the correction seen in the villa segment.

Project status plays a critical role in pricing within Thane as of June 2026. Ready to move properties are priced at ₹11,100 per sq ft, showing an appreciation of 1.77%, while under construction projects are priced at ₹10,750 per sq ft, reflecting a 4.66% appreciation. New launches are currently priced at ₹9,750 per sq ft, having appreciated by 3.7%.

The average rental rate in Thane is ₹45 per sq ft as of June 2026, which has seen a depreciation of 16.67% over the observed period. The city currently offers a rental yield of 3.52%, a key metric for investors to evaluate the potential annual income generated by a property relative to its purchase price.

Rental rates in Thane vary by unit size as of June 2026, catering to a wide range of tenant profiles. Studio apartments average ₹19,900 per month, 1 BHK units average ₹21,500 per month, 2 BHK units average ₹36,200 per month, 3 BHK units average ₹56,100 per month, 4 BHK units average ₹98,650 per month, 5 BHK units average ₹1.59 Lakh per month, and 6 BHK units average ₹1.45 Lakh per month.

Rental rates in Thane are segmented by property type as of June 2026. Shops and office spaces both command the highest rental rates at ₹150 per sq ft, with shops appreciating by 20.42% and office spaces by 4.62%. Meanwhile, apartments, villas, and plots all average ₹50 per sq ft, with apartments appreciating by 2.22% and villas by 2.78%, while plot rentals have remained stable with 0% change.

As of June 2026, Patel RPL and Atlanta Builders lead the market in transaction activity, each recording 4 transactions. Other prominent developers with high activity include the Rosa Group, Lodha, Vijay Group, Panvelkar Group, and the Raj Group, each with 3 transactions, reflecting their significant presence and buyer trust in the Thane real estate market.

The Ashwin Sheth Group leads in terms of total transaction value in Thane, with 2 transactions totaling ₹4.58 Cr. They are closely followed by the Rosa Group with 3 transactions valued at ₹4.44 Cr, and Neelkanth with 2 transactions valued at ₹3.85 Cr. These figures highlight the premium positioning of these developers within the city's property landscape.

Buyers in Thane should note that as of June 2026, ready to move properties are priced at ₹11,100 per sq ft, while under construction projects are priced at ₹10,750 per sq ft. This price gap often reflects the premium paid for immediate possession and the elimination of construction-related risks, whereas under construction properties may offer potential for capital appreciation as the project nears completion.