Property Rates in Bhiwandi, Thane

Property prices in Bhiwandi, Thane have shown a volatile trend over the past year. From Jun 2025 to Mar 2026, the micromarket rate saw a substantial increase from ₹3,861 to ₹16,910 per sq ft, with a notable jump between Dec 2025 (₹4,009 per sq ft) and Mar 2026 (₹16,910 per sq ft). This significant appreciation, particularly in the most recent period, suggests a strong upward movement in property values, potentially driven by increased demand or limited supply.

Property rates in Bhiwandi, Thane vary considerably across its neighborhoods as of Mar 2026. Majiwada leads with the highest average rate at ₹19,945 per sq ft, appreciating by 6.31%. In contrast, Sonale and Muthaval offer more affordable options with average rates of ₹8,202 and ₹7,418 per sq ft, respectively, with no change reported in their rates. Narpoli and Bapgaon have seen significant appreciation, with Narpoli increasing by 48.69% to ₹9,290 per sq ft and Bapgaon by 33.09% to ₹9,271 per sq ft, indicating dynamic market activity in these areas.

As of Mar 2026, the average price for apartments in Bhiwandi, Thane stands at ₹16,910 per sq ft. This price point has depreciated by 1.54% compared to the previous period. This indicates a slight downward adjustment in apartment values within the micromarket, which could be a factor for potential buyers considering their purchase.

In Bhiwandi, Thane, Ready To Move properties are priced at an average of ₹9,075 per sq ft as of Mar 2026, showing a depreciation of 5.25%. Under Construction properties are slightly more affordable, averaging ₹8,529 per sq ft, with a depreciation of 3.54%. Properties in the 'Well Occupied' stage are priced higher at ₹13,491 per sq ft, having depreciated by 8.93%. New Launch properties are the most affordable at ₹7,903 per sq ft, with a minimal depreciation of 0.28%.

Lodha Upper Thane in Anjur has recorded the highest transaction activity with 29 transactions as of Mar 2026, though its rate has depreciated by 8.81% to ₹10,730 per sq ft. Following this, Tata Amantra in Saravali and Sai Dev Park in Purna have each seen 5 transactions. Tata Amantra's rate has depreciated slightly by 0.86% to ₹8,997 per sq ft, while Sai Dev Park has experienced a more significant depreciation of 14.55% to ₹8,247 per sq ft.

Lodha Upper Thane in Anjur leads in total transaction value, with its current rate at ₹10,730 per sq ft and a total sale value of ₹11.12 Cr, despite an 8.81% depreciation. Tata Amantra in Saravali follows with a sale value of ₹3.23 Cr at ₹8,997 per sq ft, having depreciated by 0.86%. Dosti Greater Thane in Kalher ranks third with a sale value of ₹1.11 Cr at ₹10,760 per sq ft, showing a depreciation of 3.76%.

Lodha is the leading developer in Bhiwandi, Thane, with 29 transactions as of Mar 2026. Following Lodha, Tata has recorded 5 transactions, and Dosti Group has seen 4 transactions. JMD Group, J K Group, Mahindra Lifespaces, and Arihant Enterprises each have 3 transactions, indicating a diverse range of developer activity in the micromarket.

Lodha leads in total transaction value in Bhiwandi, Thane, with ₹11.12 Cr from 29 transactions. Tata follows with ₹3.23 Cr from 5 transactions. Puranik has the third-highest value at ₹2.15 Cr from 2 transactions. Dosti Group and MKY Group also show significant transaction values of ₹1.11 Cr and ₹1.01 Cr, respectively.

The average rental rate in Bhiwandi, Thane is ₹67 per sq ft as of Mar 2026, with apartments showing an appreciation of 4.69%. The rental yield stands at 4.75%, suggesting that property owners can expect an annual rental income equivalent to 4.75% of their property's capital value. This yield offers a moderate return for investors looking for rental income in addition to potential capital appreciation.

In Bhiwandi, Thane, rental rates vary by BHK configuration. A 1 BHK apartment typically rents for ₹25,050 per month. For a 2 BHK apartment, the average rent increases to ₹37,029 per month. The highest demand is seen for 3 BHK apartments, which command an average rent of ₹60,118 per month, indicating a preference for larger spaces among renters.

Rental rates in Bhiwandi, Thane show variations across localities. Majiwada commands the highest average rental rate at ₹68 per sq ft, having appreciated by 6.25%. Narpoli and Ashok Nagar offer more competitive rates at ₹64 and ₹62 per sq ft, respectively, with no reported change. Kasheli presents the most affordable rental option at ₹18 per sq ft, indicating significant price differences across the micromarket.

As of Mar 2026, projects like High Street Mall in Majiwada offer the highest rental rate at ₹80 per sq ft, with no change reported. Lodha Quality Home Tower 5 and Shree Shrushti Punch Hill Complex, both in Majiwada and Narpoli respectively, also command high rental rates of ₹78 per sq ft. Lodha Quality Home Tower 5 has seen a notable appreciation of 13.04% in its rental rate.

The average asking price in Bhiwandi, Thane is ₹16,910 per sq ft as of Mar 2026, while the Government Registration Rate is ₹4,009 per sq ft. This significant difference of over ₹12,000 per sq ft suggests that the registered value of properties is considerably lower than what sellers are currently asking in the market. This gap could be attributed to various factors, including market dynamics, negotiation room, or differences in valuation methodologies.