Property Rates in Devrung, Thane 2026

Property prices in Devrung have shown a dynamic trajectory throughout 2026. After recording ₹17,200 per sq ft in December 2025, the rate softened slightly to ₹16,900 per sq ft in March 2026, before rebounding to ₹16,950 per sq ft in June 2026 and reaching ₹18,600 per sq ft by September 2026. This recent growth suggests a robust recovery and increasing buyer interest in the Devrung real estate market.

Property rates in Devrung are distinct when compared to surrounding areas in Thane. For instance, Beturkar Pada currently commands an average asking price of ₹12,000 per sq ft, while Kalyan West and Adharwadi are priced at ₹10,850 per sq ft and ₹10,900 per sq ft, respectively. Other nearby locations like Bapgaon and Kalyan East are priced at ₹9,050 per sq ft, while Titwala remains a more affordable option at ₹6,500 per sq ft as of September 2026.

As of September 2026, Ready To Move properties in Devrung are priced at an average of ₹8,150 per sq ft, having depreciated by 10.76% compared to the previous period. In contrast, Under Construction projects are priced at ₹7,900 per sq ft, which reflects a depreciation of 12.94% over the same timeframe. This pricing gap suggests that buyers are currently finding more competitive entry points in the under-construction segment.

Samruddhi Flora leads the list of prominent projects in Devrung with an average listing rate of ₹9,500 per sq ft as of September 2026, having appreciated by 3.36% compared to the previous period. Other notable projects include Yash Apartment, Matoshree Complex, and Jay Ambe Park, all of which are currently listed at ₹8,250 per sq ft. It is important to note that many of these projects, such as Matoshree Complex and Jay Ambe Park, have seen a depreciation of 11.49% in their listing rates over the observed period, reflecting a broader correction in the local project-level market.

Rental rates in the vicinity of Devrung are relatively consistent, with many key localities such as Kalyan West, Shahad, Titwala, Kalyan East, and Ulhasnagar all averaging ₹50 per sq ft as of September 2026. However, the growth trends vary significantly; for example, Kalyan East has seen a notable appreciation of 19.23% in rental rates, while Shahad and Ulhasnagar have experienced a depreciation of 5.71% compared to the previous period. This stability in base rental rates across these micromarkets suggests a balanced supply-demand environment for tenants.

Investors looking at the Devrung region should note that while the average rental rate across surrounding hubs like Kalyan West and Titwala is ₹50 per sq ft as of September 2026, the performance varies by location. The 19.23% appreciation in rental rates in Kalyan East highlights a potential for higher rental growth in specific pockets compared to areas like Shahad or Ulhasnagar, which saw a 5.71% depreciation. Investors should weigh these rental trends against the current sale prices in these localities to determine the most viable rental yield opportunities.