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Insights for Devrung, Thane Real Estate Market Overview

The real estate market in Devrung reflects a blend of established residential supply and ongoing development, providing varied opportunities for potential homeowners. Current valuations show a competitive spread, with ready-to-move properties holding steady despite broader price adjustments. Rental activity in the surrounding Kalyan-Thane belt remains consistent, with most locations maintaining an average rental rate of ₹50 per sq ft. Registration data highlights active interest, with 28 transactions recorded over the recent period, totaling a gross value of ₹20 Cr.

  • Ready-to-move inventory leads supply with 11 units available at an average of ₹8,150 per sq ft.
  • Samruddhi Flora maintains a strong market position with a price of ₹9,500 per sq ft, marking a 3.36% increase.
  • Rental rates across key nearby locations like Kalyan West and Shahad are stable at ₹50 per sq ft.
  • Under-construction projects offer entry points into the market at an average rate of ₹7,900 per sq ft.
  • The area recorded 28 property registrations, underscoring consistent buyer engagement.

Market Strengths
  • A diverse supply of 11 ready-to-move projects provides immediate choices for homebuyers.
  • Samruddhi Flora shows positive growth of 3.36%, outperforming the local average.
  • Titwala offers a highly affordable entry point into the Thane property market at ₹6,500 per sq ft.
  • The area maintains strong connectivity to surrounding hubs like Kalyan West and Khadakpada, which command higher premiums.
  • Consistent rental rates of ₹50 per sq ft across multiple nearby locations support the area's residential demand.
Market Challenges
  • Under-construction projects have seen a price adjustment of -12.94%, reflecting a cautious market trend in that segment.
  • New launch projects also experienced a price shift of -11.2%, which investors should consider when evaluating long-term capital appreciation.
  • Ready-to-move projects observed a price change of -10.76%, highlighting the necessity for careful project-specific valuation.
Investment Opportunities
  • Ready-to-move units provide immediate occupancy options at a stable average of ₹8,150 per sq ft.
  • New launch projects are currently priced at ₹8,000 per sq ft, offering entry-level investment potential.
  • Rental rates in nearby Kalyan West and Shahad are consistent at ₹50 per sq ft, suggesting a predictable rental yield environment.
  • The 28 registered transactions indicate a liquid market for buyers interested in established residential projects.
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
Devrung is surrounded by several prominent localities in Thane that influence its overall real estate profile. Kalyan West commands a premium rate of ₹10,850 per sq ft, while the more accessible Titwala area averages ₹6,500 per sq ft. Meanwhile, locations like Shahad and Kalyan East hover around the ₹9,050 to ₹9,300 per sq ft range, providing buyers with varied budget options across the region.
Type Rate (₹/Sq.Ft) Change %
Apartment 6,400 -
Devrung's residential market is primarily driven by apartment-style living, which serves as the core offering for local homebuyers. These apartments are currently priced at an average of ₹6,400 per sq ft, catering to a wide range of investors and families. This focus on apartment supply ensures that the market remains accessible while maintaining a consistent structure for those seeking residential investments.
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 spectrum of choices based on construction timelines. Ready-to-move projects, which account for 11 units, average ₹8,150 per sq ft and cater to buyers seeking immediate occupancy. Meanwhile, under-construction and new launch projects offer entry points at ₹7,900 per sq ft and ₹8,000 per sq ft respectively, allowing buyers to align their investments with their preferred possession schedules.
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 ₹ 79.36 L - ₹ 1.61 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 ₹ 25.26 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 the tone for the local market's value proposition. Samruddhi Flora leads the segment, priced at ₹9,500 per sq ft with a positive growth of 3.36%. Other notable projects like Jay Ambe Park and Sai Ram Residency are positioned at ₹8,250 per sq ft, offering established options for those prioritizing location and project reputation.
Government Registrations

Government Registration in Devrung, Thane

Official records for Devrung show a healthy level of activity, with 28 property registrations completed between November 2025 and October 2026. These transactions represent a gross market value of ₹20 Cr, indicating sustained buyer confidence. This volume of registrations highlights the area's ongoing appeal as a residential destination in the Thane district.
Sales Transactions 28
Gross Sales Value ₹ 20 Cr

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /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
Avg. Asking Price ₹ 6,800 /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 Sep 2026, the average asking price for apartments in Devrung stands at ₹6,400 per sq ft. This rate has remained stable, showing 0% change compared to the previous period. This stability indicates a balanced market environment where supply and demand are currently aligned, providing a consistent baseline for buyers and investors evaluating property options in this area.

How do property prices in Devrung compare to nearby localities?

Property prices in Devrung are influenced by the broader real estate market in Thane, where neighbouring areas show varying price points as of Sep 2026. For instance, Beturkar Pada commands a higher average of ₹12,000 per sq ft, while Kalyan West is priced at ₹10,850 per sq ft, having depreciated by 1.05% from the previous period. More affordable options are available in localities like Titwala at ₹6,500 per sq ft, which appreciated by 1.01%, and Mharal at ₹8,150 per sq ft, which saw a depreciation of 0.59%.

What is the price difference between ready-to-move and under-construction properties in Devrung?

As of Sep 2026, ready-to-move properties in Devrung are priced at an average of ₹8,150 per sq ft, reflecting a depreciation of 10.76% compared to the previous period. In contrast, under-construction projects are available at ₹7,900 per sq ft, which has depreciated by 12.94% over the same timeframe. New launch projects are currently positioned at ₹8,000 per sq ft, showing a depreciation of 11.2%. These trends suggest a market-wide correction across all project stages in the locality.

Which projects in Devrung currently have the highest listing rates?

Samruddhi Flora is currently the premium project in Devrung with an average listing rate of ₹9,500 per sq ft as of Sep 2026, marking an appreciation of 3.36% compared to the previous period. Other notable projects include Jay Ambe Park, Sai Ram Residency, and Matoshree Complex, all listed at ₹8,250 per sq ft. These projects have seen varying degrees of depreciation, such as Jay Ambe Park and Matoshree Complex, which both depreciated by 11.49% over the same period, reflecting a broader adjustment in project-level pricing.

What are the current rental rates in areas surrounding Devrung?

Rental rates across the micromarkets surrounding Devrung are consistently observed at ₹50 per sq ft as of Sep 2026, though they show different growth trajectories. Areas like Shahad and Ulhasnagar have seen significant rental appreciation, both rising by 16.67% compared to the previous period. Similarly, Titwala recorded an appreciation of 14.29%, while Khadakpada saw an increase of 7.69%. Kalyan West and Kalyan East also experienced growth, with rental rates appreciating by 2.86% and 4% respectively, indicating a steady demand for rental housing in the region.

How should investors interpret the rental trends in the Devrung region?

Investors looking at the Devrung region should note that while sale prices have seen depreciation across various project statuses as of Sep 2026, rental rates in surrounding localities like Shahad, Ulhasnagar, and Titwala have shown strong appreciation, ranging between 14% and 16.67%. This divergence suggests that while capital values are currently undergoing a correction, the rental market remains resilient and potentially attractive for those seeking consistent rental income. Monitoring these trends helps in identifying areas where rental demand is outpacing the current supply of residential units.

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