Property rates in Gawand Baug average ₹18,500 per sq ft. This valuation reflects a stable market sentiment, supported by consistent buyer interest in residential apartments. The locality maintains a solid rental yield of 3.83%, making it a noteworthy area for those looking at investment returns. With a mix of established housing societies, the area continues to attract residents seeking value and connectivity within the heart of Thane city.
Insights for Gawand Baug, Thane Real Estate Market Overview
Gawand Baug presents a steady real estate landscape in Thane, characterized by a consistent average asking price of ₹18,500 per sq ft for apartments. The rental market remains active, with an average rental rate of ₹59 per sq ft and a healthy rental yield of 3.83%, driven by demand for 1 BHK configurations. Recent registration data shows 24 transactions totaling ₹24 Cr, underscoring active movement in property ownership. While some projects have seen minor price adjustments, the area remains a preferred choice for those prioritizing established residential infrastructure.
The average asking price for residential apartments in the locality is ₹18,500 per sq ft.
Rental yields in the area are notably attractive at 3.83%.
1 BHK apartments command an average monthly rent of ₹29,650.
Ready to move projects are available at an average price of ₹15,850 per sq ft.
Transaction activity remains consistent with 24 registrations recorded in the recent period.
Market Strengths
A solid average asking price of ₹18,500 per sq ft for apartments.
Rental yield of 3.83% is a strong indicator of income-generating potential.
High volume of established residential societies providing a stable living environment.
Consistent registration activity with 24 transactions recorded in the recent cycle.
Affordable entry-level options for ready to move housing at ₹15,850 per sq ft.
Market Challenges
Ready to move properties have experienced a price adjustment of -8.1%.
Several top projects have recorded price changes ranging from -2.77% to -23.36%.
Investment Opportunities
The rental yield of 3.83% provides a stable return profile for buy-to-let investors.
1 BHK units, priced at an average of ₹29,650 per month, remain in demand for rental income.
Ready to move inventory at ₹15,850 per sq ft offers an entry point into the established residential market.
Consistent transaction activity of 24 registrations indicates a liquid market for property owners.
Top Localities in Gawand Baug, Thane
Kokanipada
Avg Price₹ 17,200 /sqft
Avg Rent₹ 59 /sq
ft
YIELD
+ 4.12
LISTINGS
8
Price Trend
Gawand Baug, Thane Property Price Trends and Appreciation
The market in Gawand Baug has maintained a consistent price level of ₹18,500 per sq ft as of September 2025. This stability follows a similar trend observed in June 2025, where the locality rate held firm at ₹18,500 per sq ft. Micromarket rates have shown slight movement, rising from ₹10,150 in June to ₹18,250 in September 2025.
Gawand Baug sits amidst a competitive landscape of Thane localities. It remains more accessible than areas like Laxmi Nagar, which averages ₹26,250 per sq ft, and Pokhran Road No Two, which commands ₹24,050 per sq ft. Compared to Kolshet Road at ₹20,500 per sq ft and Vartak Nagar at ₹20,750 per sq ft, Gawand Baug offers a distinct value proposition for prospective buyers.
Gawand Baug's residential market is primarily driven by apartment-style living. Currently, these units are priced at ₹18,500 per sq ft, reflecting a modest growth of 0.18% over the previous period. This segment continues to be the cornerstone of the local real estate market, catering to diverse residential needs.
Premium residential developments in Gawand Baug offer diverse options for buyers. Prabhat Upvan CHS and Nilgiri Upvan CHS are both priced at ₹15,950 per sq ft, showing price shifts of -2.77% and -3.97% respectively. Other notable projects like Gulmohar Upvan CHS, Jupiter CHS Thane, and Jalsa CHS are consistently positioned around the ₹15,900 per sq ft mark, reflecting established community living.
Top projects in Gawand Baug exhibit a range of rental rates, with Keshar Upvan and Venus Upvan CHS both commanding ₹78 per sq ft. Other developments such as Kaveri CHS Gawand Baug and Prabhat Upvan CHS follow with rates of ₹62 per sq ft and ₹60 per sq ft, respectively.
Government Registrations
Government Registration in Gawand Baug, Thane
Official registration data for Gawand Baug indicates a total of 24 transactions recorded between June 2025 and May 2026. These deals represent a gross value of ₹24 Cr, highlighting steady engagement from property buyers in the region. This activity confirms a healthy level of market participation and investor confidence.
Sales Transactions24
Gross Sales Value₹ 24 Cr
Recent Registered Transactions
Recent Registered Transactions in Gawand Baug
The market recorded 24 registrations between June 2025 and May 2026, with a total transaction value reaching ₹24 Cr.
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2025-11-12
Floor 4, Unit 407
14
789 Sq.Ft.
2025-10-30
Floor 6, Unit 608
2
900 Sq.Ft.
2025-10-15
Floor 9, Unit 901
7, A
480 Sq.Ft.
2025-10-08
Floor 9, Unit 903
A2
680 Sq.Ft.
2025-10-01
Floor 6, Unit 604
3
852 Sq.Ft.
2025-09-26
Floor 2, Unit 206
14
789 Sq.Ft.
2025-09-10
Floor 6, Unit 602
2
930 Sq.Ft.
2025-09-04
Floor 9, Unit 901
7, A
480 Sq.Ft.
2025-09-04
Floor 7, Unit 707
B2
308 Sq.Ft.
2025-09-04
Floor 7, Unit 707A
B2
346 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Gawand Baug, Thane
The rental market is anchored by 1 BHK apartments, which command an average monthly rent of ₹29,650. This segment remains the primary focus for residential rentals in the area. Rental rates across surrounding areas show a consistent baseline. Locations such as Vasant Vihar, Shivai Nagar, and Kokanipada all average ₹50 per sq ft. Meanwhile, areas like J K Gram have experienced a rental growth of 7.25%, while Vartak Nagar has seen an increase of 6.67%. Top projects in Gawand Baug exhibit a range of rental rates, with Keshar Upvan and Venus Upvan CHS both commanding ₹78 per sq ft. Other developments such as Kaveri CHS Gawand Baug and Prabhat Upvan CHS follow with rates of ₹62 per sq ft and ₹60 per sq ft, respectively.
The rental market is anchored by 1 BHK apartments, which command an average monthly rent of ₹29,650. This segment remains the primary focus for residential rentals in the area.
Rental rates across surrounding areas show a consistent baseline. Locations such as Vasant Vihar, Shivai Nagar, and Kokanipada all average ₹50 per sq ft. Meanwhile, areas like J K Gram have experienced a rental growth of 7.25%, while Vartak Nagar has seen an increase of 6.67%.
Frequently Asked Questions About Property Rates in Gawand Baug, Thane
What is the current average asking price in Gawand Baug?
As of March 2026, the average asking price in Gawand Baug stands at ₹18,500 per sq ft. This rate has remained stable, showing a 0% change, which indicates a period of price consolidation in the local real estate market.
How have property price trends evolved in Gawand Baug recently?
Property price trends in Gawand Baug have shown a trajectory of stability in the most recent periods. According to the data, the micromarket rate was ₹18,950 per sq ft in both December 2025 and March 2026, following a rise from ₹18,250 per sq ft in September 2025. This indicates that while there was growth earlier in the year, the market has reached a plateau as of March 2026.
What is the rental yield in Gawand Baug and why does it matter for investors?
The rental yield in Gawand Baug is currently 3.83% as of March 2026, with an average rental rate of ₹59 per sq ft. For investors, this yield represents the annual rental income relative to the property's purchase price, serving as a key metric to evaluate the income-generating potential of an asset in this locality compared to other investment avenues.
What are the typical rental rates for 1 BHK apartments in Gawand Baug?
As of March 2026, the average rent for a 1 BHK apartment in Gawand Baug is ₹29,650 per month. This figure provides a baseline for tenants looking for compact residential units in the area and helps landlords benchmark their rental expectations against the current market demand.
Which projects in Gawand Baug command the highest rental rates?
As of March 2026, Keshar Upvan and Venus Upvan CHS are among the top projects for rentals in Gawand Baug, both commanding a current rental rate of ₹78 per sq ft. These projects are followed by Kaveri CHS Gawand Baug at ₹62 per sq ft and Prabhat Upvan CHS at ₹60 per sq ft, reflecting the premium that specific, well-located residential societies can attract in the local rental market.
How do property rates in Gawand Baug compare to nearby neighbourhoods in Thane?
Property rates in Gawand Baug, at ₹18,500 per sq ft, are generally more accessible than several surrounding areas in Thane. For instance, neighbourhoods like Laxmi Nagar command higher rates at ₹26,250 per sq ft, Pokhran Road No Two at ₹24,050 per sq ft, and J K Gram at ₹23,900 per sq ft. This price variance allows buyers to choose between different localities based on their budget and preference for proximity to specific infrastructure hubs.
What is the price difference between Ready To Move and other properties in Gawand Baug?
Ready To Move properties in Gawand Baug are currently priced at an average of ₹15,850 per sq ft as of March 2026. This segment has seen a depreciation of 8.1% compared to the previous period, which may present a value-entry point for end-users looking to move into a home immediately without the risks associated with under-construction projects.
How should a buyer interpret the transaction data for Gawand Baug?
The government registration data for Gawand Baug shows 24 transactions with a gross value of ₹24 Cr recorded between June 2025 and May 2026. This volume of activity provides a reliable indicator of market liquidity, helping buyers and investors understand the frequency of sales and the overall financial scale of the local property market.
Are there specific projects in Gawand Baug that have seen significant price changes?
Several projects in Gawand Baug have experienced price adjustments as of March 2026. For example, Vardhaman Lotus Tower has seen a depreciation of 23.36% and Jupiter CHS Thane a depreciation of 15.15% over the observed period. Conversely, other projects like Prabhat Upvan CHS and Nilgiri Upvan CHS have seen more moderate price changes of -2.77% and -3.97% respectively, reflecting the varied performance of individual residential societies.
How can users effectively use the property rates page to make a decision?
Users can leverage this page by comparing the average asking price of ₹18,500 per sq ft against the rental yield of 3.83% to assess if a property aligns with their financial goals. By reviewing the project-level listing rates and the recent price trends, buyers can identify whether a specific locality or project is currently experiencing price appreciation or correction, allowing for a more informed and data-backed purchasing or renting decision.