Property Rates in Bhiwandi, Thane 2026

Property prices in Bhiwandi have shown a fluctuating but resilient trend, moving from ₹16,600 per sq ft in September 2025 to ₹17,200 per sq ft in December 2025, before settling at ₹16,950 per sq ft as of June 2026. This trajectory suggests that while the market experienced a peak in late 2025, it has maintained a higher baseline compared to the previous year, reflecting sustained interest from property seekers.

The average asking price in Bhiwandi is currently ₹16,950 per sq ft, while the Government Registration Rate stands at ₹4,600 per sq ft as of June 2026. This variance highlights the difference between market-driven valuations for residential apartments and the official benchmark used for property registration purposes.

Property prices vary significantly across the region, with Majiwada commanding the highest average asking price at ₹20,250 per sq ft, which has appreciated by 1.51% as of June 2026. In contrast, Narpoli and Bapgaon offer more accessible entry points at ₹11,050 per sq ft and ₹9,050 per sq ft, respectively. While Narpoli has seen a significant appreciation of 19.16%, Bapgaon has experienced a slight depreciation of 2.17% over the same period, reflecting diverse investment dynamics in these sub-areas.

As of June 2026, Ready To Move properties in Bhiwandi are priced at an average of ₹10,700 per sq ft, having appreciated by 3.16%. Under Construction projects are currently priced at ₹10,300 per sq ft, showing a strong appreciation of 8.35%, which signals robust buyer confidence in upcoming inventory. Conversely, New Launch projects are priced at ₹9,250 per sq ft with a 1.43% depreciation, while Partially Ready To Move units are at ₹8,150 per sq ft following a 12.2% depreciation.

The rental yield in Bhiwandi stands at 4.74% as of June 2026, which serves as a key metric for investors evaluating income potential relative to the capital outlay. With an average rental rate of ₹67 per sq ft, the market has seen a depreciation of 5.63% in rental values, suggesting that while yields remain competitive, landlords should monitor local supply and demand shifts closely.

As of June 2026, rental rates in Bhiwandi scale according to unit size: Studio apartments average ₹27,900 per month, while 1 BHK units are priced similarly at ₹27,950 per month. For larger requirements, 2 BHK units average ₹40,150 per month, 3 BHK units command ₹62,850 per month, and 4 BHK apartments reach ₹1.15 Lakh per month. This tiered structure allows tenants to choose based on their space requirements and budget, while providing landlords with clear benchmarks for their property portfolios.

High Street Mall leads the rental market in the Bhiwandi area with a current rental rate of ₹80 per sq ft as of June 2026. Other premium rental projects include Lodha Quality Home Tower 5 at ₹78 per sq ft (which appreciated by 13.04%) and Shree Shrushti Punch Hill Complex, also at ₹78 per sq ft. These projects are primarily located in the Majiwada and Narpoli localities and represent the top-tier rental options for tenants seeking quality residential infrastructure.

Rental rates in Majiwada and Kasheli are currently aligned at an average of ₹50 per sq ft as of June 2026. While Majiwada has seen a rental appreciation of 4.41%, rental rates in Kasheli have remained stable with 0% change, indicating a steady rental environment in these specific areas for those looking to lease residential property.

Buyers can use listing rates to gauge the premium positioning of specific developments, such as Marwin Prince Park in Ashok Nagar, which is currently listed at ₹27,000 per sq ft with a 4.27% appreciation as of June 2026. Projects like Rustomjee Hazel and Lodha Codename The Only Mumbai in Majiwada are also prominent, both listed at ₹27,300 per sq ft. These figures help buyers understand the price ceiling in the market and identify which projects are currently attracting higher valuations compared to the broader micromarket average.