Property Rates in Bhiwandi, Thane 2026

Property prices in Bhiwandi have shown a fluctuating trajectory over the past year. According to data from June 2026, the micromarket rate was ₹4,600 per sq ft, following a rate of ₹4,750 per sq ft in March 2026, ₹4,400 per sq ft in December 2025, and ₹4,100 per sq ft in September 2025. This trend highlights a dynamic market where price adjustments occur quarterly, reflecting shifts in demand and inventory availability.

Property rates in Bhiwandi vary significantly based on the project status as of June 2026. Ready To Move projects are priced at an average of ₹10,400 per sq ft, which has appreciated by 14.51% over the observed period. In contrast, Under Construction projects are available at ₹9,550 per sq ft, showing an appreciation of 11.71%, while New Launch projects are priced at ₹9,350 per sq ft, reflecting a notable appreciation of 18.44%. These variations allow buyers to choose between the immediate occupancy of ready units or the potential value growth associated with newer developments.

As of June 2026, rental rates in Bhiwandi are structured according to unit size, catering to a diverse tenant base. Monthly rents average ₹27,900 for a Studio, ₹27,400 for a 1 BHK, ₹38,950 for a 2 BHK, ₹62,800 for a 3 BHK, and ₹1.15 Lakh for a 4 BHK apartment. This range provides clear insights for tenants looking for budget-appropriate housing and for investors evaluating the income potential of different property sizes.

The average rental yield in Bhiwandi is 4.54% as of June 2026, with an overall average rental rate of ₹64 per sq ft. This yield, which has seen a depreciation of 4.48% in the rental rate compared to the previous period, serves as a key performance indicator for investors. A rental yield of 4.54% helps investors assess the annual return on their capital investment, allowing them to compare the income-generating potential of residential apartments in this area against other financial assets.

As of June 2026, several projects in the Bhiwandi micromarket lead in rental pricing. High Street Mall commands the highest rate at ₹80 per sq ft, followed by Lodha Quality Home Tower 5 at ₹78 per sq ft (which appreciated by 13.04%) and Shree Shrushti Punch Hill Complex at ₹78 per sq ft. Other premium options include Sachinam Tower at ₹76 per sq ft and Rustomjee La Vie at ₹73 per sq ft. These rates reflect the premium placed on specific projects due to their amenities, location, and building quality.

Property prices show significant variation across neighbourhoods in the vicinity of Bhiwandi as of June 2026. Majiwada leads with an average asking price of ₹19,950 per sq ft, having appreciated by 7.64%. Other areas include Gauripada at ₹11,700 per sq ft (stable with 0% change), Themghar at ₹9,850 per sq ft (up by 2.53%), Narpoli at ₹9,300 per sq ft (up by 26.46%), and Bapgaon at ₹9,250 per sq ft (up by 24.46%). These differences highlight the premium nature of more developed areas like Majiwada compared to emerging pockets.

Mahindra Lifespaces is currently a prominent developer in the region, recording 1 transaction as of June 2026. With a total value of ₹8.5 Lakh for this transaction, the data highlights the developer's active presence in the market. Tracking such developer-specific activity helps prospective buyers identify reliable builders who are actively closing deals and maintaining a footprint in the local real estate landscape.

In Bhiwandi, the average asking price is ₹16,900 per sq ft, while the Government Registration Rate is ₹4,400 per sq ft as of June 2026. Buyers should interpret this gap as the difference between the current market valuation—driven by demand, amenities, and developer pricing—and the official benchmark used for stamp duty and registration purposes. Understanding this distinction is crucial for financial planning, as it helps in estimating the actual cost of acquisition versus the tax liabilities associated with property registration.