Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Devrung, Thane Real Estate Market Overview

The real estate landscape in Devrung exhibits a focused approach to residential development, catering to a broad spectrum of buyer needs. Market participants can choose from a diverse selection of ready-to-move-in apartments alongside ongoing construction and new project launches. Recent activity highlights a steady interest in residential assets, supported by a consistent supply of units across different stages of completion. Rental demand in the surrounding Thane region remains active, with various nearby localities showing stable rental benchmarks for residential properties.

  • Ready-to-move residential units are currently priced at an average of ₹8,150 per sq ft.
  • New launch projects are entering the market at an average rate of ₹8,000 per sq ft.
  • Under-construction developments are available at approximately ₹7,900 per sq ft.
  • Nearby areas like Titwala offer competitive entry-level rates at ₹6,500 per sq ft.
  • Rental rates across several neighboring hubs in Thane currently hold at ₹50 per sq ft.

Market Strengths
  • A well-rounded supply mix of ready-to-move, under-construction, and new launch properties.
  • Consistent rental rates of ₹50 per sq ft across multiple neighboring localities.
  • Diverse price points ranging from ₹6,500 to ₹12,000 per sq ft in the immediate region.
  • Solid transaction volume with 38 registrations recorded recently.
  • Premium projects like Samruddhi Flora demonstrating positive growth of 3.36%.
Market Challenges
  • Ready-to-move projects have seen a price adjustment of -10.76%.
  • Under-construction developments experienced a price shift of -12.94%.
  • New launch projects recorded a change of -11.2% in average rates.
Investment Opportunities
  • Under-construction projects at ₹7,900 per sq ft offer a lower entry price compared to ready-to-move inventory.
  • New launch projects at ₹8,000 per sq ft present potential for value appreciation as construction progresses.
  • Titwala provides a high-value opportunity with entry rates at ₹6,500 per sq ft.
  • The proximity of rental hubs like Kalyan West and Shahad, both at ₹50 per sq ft, supports steady rental demand potential.
Price Trend

Devrung, Thane Property Price Trends and Appreciation

About Asking Price Trends
Devrung Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Bapgaon 9,050 -2.2
Kalyan West 10,850 -1
Shahad 9,300 0.6
Khadakpada 10,500 -1
Beturkar Pada 12,000 -
Adharwadi 10,900 -4.4
Mharal 8,150 -0.6
Titwala 6,500 1
Kalyan East 9,050 -1.2
Kon 8,650 0
The surrounding Thane landscape displays varied pricing, with Beturkar Pada commanding the highest rates at ₹12,000 per sq ft. In contrast, locations like Titwala offer more accessible entry points at ₹6,500 per sq ft. Meanwhile, Kalyan West and Adharwadi hover in the mid-to-high range at ₹10,850 and ₹10,900 per sq ft, respectively, providing diverse options for those looking to balance budget with location preference.
Type Rate (₹/Sq.Ft) Change %
Apartment 6,400 -
Devrung's residential market is primarily driven by apartment-style living. These units maintain a consistent average rate of ₹6,400 per sq ft, catering to a wide range of household requirements. This focus on apartment inventory ensures that buyers have a clear and straightforward path to property ownership within the locality.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 11 8,150 -10.8
Under Construction 2 7,900 -12.9
New Launch 2 8,000 -11.2
The Devrung market provides a balanced supply of residential options across different construction phases. Ready-to-move inventory is priced at ₹8,150 per sq ft, while under-construction projects are available at ₹7,900 per sq ft. New launches are also active, entering the market at ₹8,000 per sq ft, allowing buyers to select properties based on their preferred possession timeline.
Project & Developer Insights

Top Residential Projects and Developers in Devrung

Top Projects in Devrung
Rustomjee Uptown Urbania is the top project in Devrung with prices from ₹ 1.14 Cr to 6.00 Cr.
Rustomjee Uptown Urbania ₹ 1.14 Cr - ₹ 6 Cr
  • Bhiwandi, Thane
Rustomjee Verdant Vistas ₹ 3 Cr - ₹ 4.56 Cr
  • Bhiwandi, Thane
Godrej Upavan ₹ 54.99 L - ₹ 88.99 L
  • Bhiwandi, Thane
Rustomjee La Vie ₹ 1.44 Cr - ₹ 2.24 Cr
  • Bhiwandi, Thane
Arihant Aaradhya ₹ 40 L - ₹ 54 L
  • Bhiwandi, Thane
Birla Taranya ₹ 1 Cr - ₹ 2.45 Cr
  • Thane City, Thane
LnT Vayam ₹ 1.6 Cr - ₹ 3.36 Cr
  • Thane City, Thane
Purva Panorama ₹ 1.8 Cr - ₹ 2.66 Cr
  • Thane City, Thane
Mayfair Mira Pride ₹ 1.35 Cr - ₹ 2.21 Cr
  • Mira Bhayandar, Thane
JP The Palace ₹ 83 L - ₹ 1.77 Cr
  • Mira Bhayandar, Thane
View More
New Launch
Under Construction
Ready to Move
Top Developers in Thane
Shree Vastunirman Developers leads in Thane with 2 projects and years of experience.
DLF
Shree Vastunirman Developers ₹ 22.98 L - ₹ 33.98 L
  • 2 Projects
DLF
Sankalp ₹ 31.08 L - ₹ 42 L
  • 2 Projects
DLF
BK Groups ₹ 26 L - ₹ 35 L
  • 1 Projects
DLF
Shree Developer Thane ₹ 20 L - ₹ 23.18 L
  • 1 Projects
DLF
Samruddhi Buildcons Thane ₹ 28 L - ₹ 46.09 L
  • 1 Projects
DLF
Sai Ram Builders And Developers
  • 1 Projects
DLF
Prasad Enterprises Thane ₹ 28 L - ₹ 36.87 L
  • 1 Projects
DLF
Shree Vasturachana Developers ₹ 14.4 L - ₹ 36.36 L
  • 1 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential developments in Devrung set clear value benchmarks for the local market. Samruddhi Flora leads the segment with an asking price of ₹9,500 per sq ft, reflecting a 3.36% increase. Other notable projects like Yash Apartment and Matoshree Complex are priced at ₹8,250 per sq ft, while options such as Sai Ram Heights and BK Varsha Heights offer competitive rates ranging between ₹7,950 and ₹8,000 per sq ft.
Government Registrations

Government Registration in Devrung, Thane

Official registration data for Devrung indicates a total of 38 transactions recorded within the specified period. These registrations represent a gross value of ₹22 Cr, highlighting consistent buyer engagement in the area. This volume of activity underscores the market's role as an active residential hub in the Thane region.
Sales Transactions 38
Gross Sales Value ₹ 22 Cr

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Govt Registration Rate ₹ 13,950 /Sq.Ft
Avg. Asking Price ₹ 18,200 /Sq.Ft
Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft

Micromarket-Wise Property Price Trends Around Devrung, Thane

Avg. Asking Price ₹ 19,400 /Sq.Ft
Avg. Asking Price ₹ 16,950 /Sq.Ft
Govt Registration Rate ₹ 4,600 /Sq.Ft
Avg. Asking Price ₹ 15,050 /Sq.Ft
Govt Registration Rate ₹ 7,850 /Sq.Ft
Avg. Asking Price ₹ 9,750 /Sq.Ft
Govt Registration Rate ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Govt Registration Rate ₹ 5,600 /Sq.Ft

More insights about Devrung, Thane

FAQ

Frequently Asked Questions About Property Rates in Devrung, Thane

What is the current average asking price in Devrung as of June 2026?

As of June 2026, the average asking price in Devrung stands at ₹16,950 per sq ft. This figure reflects a slight upward trajectory, having appreciated by 0.30% from March 2026 to June 2026, signaling a stable and resilient demand within this micromarket.

How have property prices in Devrung trended over the last year?

Property prices in Devrung have shown a fluctuating trend over the past year, 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 indicates a period of market adjustment following the peak seen in late 2025, which investors should monitor closely for future stability.

How do property rates in Devrung compare to nearby localities?

Property rates in Devrung, currently at ₹16,950 per sq ft, are generally higher than several surrounding areas in Thane. For context, as of June 2026, Bapgaon is priced at ₹9,050 per sq ft (depreciating by 2.17%), Kalyan West at ₹10,850 per sq ft (depreciating by 1.05%), and Titwala at ₹6,500 per sq ft (appreciating by 1.01%). This premium positioning suggests that Devrung may offer distinct infrastructure or connectivity advantages compared to its neighbours.

What is the price difference between Ready To Move and Under Construction properties in Devrung?

As of June 2026, Ready To Move properties in Devrung are priced at an average of ₹8,150 per sq ft, while Under Construction projects are available at ₹7,900 per sq ft. Both segments have seen a depreciation in rates compared to previous periods, with Ready To Move units down by 10.76% and Under Construction units down by 12.94%, reflecting a broader correction in the local market.

Which projects in Devrung currently command the highest listing rates?

Samruddhi Flora is currently the premium project in Devrung, with a listing rate of ₹9,500 per sq ft as of June 2026, having appreciated by 3.36% over the observed period. Other notable projects include Yash Apartment, Matoshree Complex, and Jay Ambe Park, all of which are listed at ₹8,250 per sq ft, though these have seen a depreciation ranging between 10.99% and 11.49% compared to their previous benchmarks.

What do the rental rates look like in the areas surrounding Devrung?

Rental rates across the broader region surrounding Devrung are consistently observed at ₹50 per sq ft as of June 2026. This rate is uniform across several key localities including Kalyan West, Shahad, Khadakpada, Titwala, Kalyan East, Ulhasnagar, and Thakurli. Notably, Thakurli has seen the most significant rental appreciation at 39.29%, while Shahad and Ulhasnagar also showed strong growth at 16.67% each, indicating a robust demand for rental housing in these specific pockets.

How should investors interpret the rental yield and market trends in the Devrung region?

Investors looking at the Devrung region should note that while the sale market has experienced price corrections, the rental market across surrounding localities remains stable at ₹50 per sq ft. The consistent rental rates across diverse areas like Kalyan West and Titwala suggest a steady demand for residential leasing. When evaluating investment potential, comparing these rental values against the local sale price of ₹16,950 per sq ft in Devrung helps in calculating the gross rental yield, which is a critical metric for long-term income-focused investors.

Country/City