Property rates in Gawand Baug average ₹18,500 per sq ft. This micromarket shows consistent interest from buyers and investors alike. With a strong rental yield of 3.83%, the area provides a compelling balance for those looking at both capital appreciation and recurring income. The residential sector remains the primary driver of market activity, supported by a range of established housing societies that cater to families looking for immediate move-in options.
Insights for Gawand Baug, Thane Real Estate Market Overview
Gawand Baug currently maintains a stable residential real estate profile with an average asking price of ₹18,500 per sq ft. The rental market is particularly active, offering an average monthly rental rate of ₹59 per sq ft and a healthy rental yield of 3.83% for investors. Recent government registration data indicates 13 transactions totaling ₹12 Cr, confirming steady buyer interest in the locality. The available housing inventory is largely ready-to-move, providing clear options for those prioritizing immediate possession.
The average asking price for apartments stands at ₹18,500 per sq ft.
Ready-to-move projects offer entry points starting at ₹16,200 per sq ft.
Rental rates for 1 BHK units average ₹29,650 per month, while 2 BHK units command ₹37,500 per month.
The area reflects a strong rental yield of 3.83%, surpassing many surrounding residential pockets.
Top residential projects like Keshar Upvan and Venus Upvan CHS command rental rates as high as ₹78 per sq ft.
Market Strengths
The area maintains a solid average rental rate of ₹59 per sq ft, supported by consistent demand.
A rental yield of 3.83% demonstrates the area's effectiveness as an income-generating residential hub.
The property market for apartments has seen a positive growth trend of 0.18%.
Top projects like Keshar Upvan and Venus Upvan CHS command premium rental rates of ₹78 per sq ft.
The locality is well-supported by a diverse range of residential projects with clear, transparent pricing benchmarks.
Market Challenges
Ready-to-move inventory has experienced a price adjustment of -6.16%, reflecting current market corrections in the resale segment.
Several established societies, including Gulmohar Upvan CHS and Nilgiri Upvan CHS, have seen asking price fluctuations of -2.12%.
Vardhaman Lotus Tower has faced a significant price change of -22.13%, indicating a specific correction for that project.
Investment Opportunities
The rental yield of 3.83% provides a strong incentive for buy-to-let investors in the residential apartment segment.
Ready-to-move units at ₹16,200 per sq ft offer a lower entry price compared to the general market average of ₹18,500 per sq ft.
1 BHK apartments generate an average monthly rental income of ₹29,650, which is highly competitive for the region.
2 BHK apartments are in demand with average monthly rentals of ₹37,500, suitable for long-term rental income strategies.
Top Localities in Gawand Baug, Thane
Kokanipada
Avg Price₹ 17,200 /Sq.Ft.
Avg Rent₹ 59 /Sq.Ft.
YIELD
+ 4.12
LISTINGS
10
Price Trend
Gawand Baug, Thane Property Price Trends and Appreciation
As of September 2025, property rates in Gawand Baug are priced at ₹18,500 per sq ft. This rate sits slightly above the broader micromarket average of ₹18,250 per sq ft, indicating a premium for the specific location.
Gawand Baug is surrounded by several prominent Thane localities that offer varying price points. Laxmi Nagar stands at the higher end of the spectrum with rates around ₹26,250 per sq ft, while Pokhran Road No Two averages ₹24,050 per sq ft. In contrast, Vasant Vihar and Vartak Nagar offer more accessible entry points at ₹18,950 and ₹20,750 per sq ft, respectively. Kolshet Road has shown significant momentum with a 3.5% growth, currently averaging ₹20,500 per sq ft.
Residential apartments represent the core of Gawand Baug's property market, currently averaging ₹18,500 per sq ft. This segment has shown a slight upward trend of 0.18%, reflecting steady demand for organized housing in the area.
Premium residential developments in Gawand Baug set the benchmark for the local market. Projects such as Gulmohar Upvan CHS, Prabhat Upvan CHS, and Nilgiri Upvan CHS are all priced at ₹16,250 per sq ft. Other notable societies like Kaveri CHS Gawand Baug and Surya Upvan CHS offer entry points around ₹16,200 per sq ft, catering to a stable segment of the local buyer base.
Keshar Upvan and Venus Upvan CHS lead the rental market, each currently listed at ₹78 per sq ft. Other projects like Kaveri CHS Gawand Baug and Prabhat Upvan CHS follow with rental rates of ₹62 per sq ft and ₹60 per sq ft, respectively.
Government Registrations
Government Registration in Gawand Baug, Thane
Government registration data for the period of August 2025 to July 2026 highlights a total of 13 recorded transactions. These deals represent a gross value of ₹12 Cr, with an average registered rate of ₹15,600 per sq ft. This level of activity confirms a consistent flow of property ownership transfers within the locality.
Sales Transactions13
Gross Sales Value₹ 12 Cr
Registered Rate₹ 15,600/Sq.Ft
Recent Registered Transactions
Recent Registered Transactions in Gawand Baug
Recent government registration records show 13 transactions completed between August 2025 and July 2026, totaling a gross value of ₹12 Cr. The average registered rate during this period was ₹15,600 per sq ft.
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
Rental demand is split between compact and family-sized units, with 1 BHK apartments averaging ₹29,650 per month. Those requiring more space can opt for 2 BHK apartments, which command an average monthly rent of ₹37,500. Rental rates in the immediate vicinity show a steady baseline, with many surrounding areas like Vasant Vihar, Shivai Nagar, and Vartak Nagar averaging ₹50 per sq ft. Notably, J K Gram commands a higher rental rate of ₹100 per sq ft, while areas like Pokhran Road No Two have seen a positive rental growth of 5.71%. The apartment segment in Gawand Baug currently averages a rental rate of ₹50 per sq ft. This sector has shown a positive growth trend of 3.39% over the past year, indicating rising demand for rental housing. Keshar Upvan and Venus Upvan CHS lead the rental market, each currently listed at ₹78 per sq ft. Other projects like Kaveri CHS Gawand Baug and Prabhat Upvan CHS follow with rental rates of ₹62 per sq ft and ₹60 per sq ft, respectively.
Rental demand is split between compact and family-sized units, with 1 BHK apartments averaging ₹29,650 per month. Those requiring more space can opt for 2 BHK apartments, which command an average monthly rent of ₹37,500.
Rental rates in the immediate vicinity show a steady baseline, with many surrounding areas like Vasant Vihar, Shivai Nagar, and Vartak Nagar averaging ₹50 per sq ft. Notably, J K Gram commands a higher rental rate of ₹100 per sq ft, while areas like Pokhran Road No Two have seen a positive rental growth of 5.71%.
The apartment segment in Gawand Baug currently averages a rental rate of ₹50 per sq ft. This sector has shown a positive growth trend of 3.39% over the past year, indicating rising demand for rental housing.
Frequently Asked Questions About Property Rates in Gawand Baug, Thane
What is the current average asking price in Gawand Baug, Thane?
As of June 2026, the average asking price in Gawand Baug is ₹18,500 per sq ft. This rate has remained stable with a 0% change percentage, indicating a period of price consistency in the local residential market.
How have property prices in Gawand Baug trended recently?
Property prices in Gawand Baug have shown a positive trajectory over the last few quarters. The micromarket rate rose from ₹18,950 per sq ft in December 2025 to ₹19,450 per sq ft as of June 2026, reflecting resilient demand in the area.
What is the rental yield for properties in Gawand Baug?
As of June 2026, properties in Gawand Baug offer a rental yield of 3.83%. This yield, calculated against the average asking price of ₹18,500 per sq ft, serves as a key indicator for investors evaluating the income-generating potential of residential apartments in the locality.
What are the typical monthly rental rates for 1 BHK and 2 BHK apartments in Gawand Baug?
As of June 2026, 1 BHK apartments in Gawand Baug command an average rent of ₹29,650 per month, while 2 BHK apartments are available at an average of ₹37,500 per month. These figures provide prospective tenants and landlords with a clear understanding of the current rental landscape for different unit configurations.
Which projects in Gawand Baug command the highest rental rates?
As of June 2026, Keshar Upvan and Venus Upvan CHS lead the rental market in Gawand Baug, each commanding a rental rate of ₹78 per sq ft. Other notable projects include Kaveri CHS Gawand Baug at ₹62 per sq ft and Prabhat Upvan CHS at ₹60 per sq ft, all of which have maintained stable rental pricing with a 0% change percentage.
How do rental rates for apartments in Gawand Baug compare to other nearby areas?
The average rental rate for apartments in Gawand Baug is ₹50 per sq ft as of June 2026, which has appreciated by 3.39% compared to the previous period. This rate is consistent with several surrounding localities like Vasant Vihar, Shivai Nagar, and Vartak Nagar, which also report an average rental rate of ₹50 per sq ft, though some areas like J K Gram command a higher premium at ₹100 per sq ft.
What is the price difference between Ready To Move properties and the overall market average in Gawand Baug?
As of June 2026, Ready To Move properties in Gawand Baug are priced at an average of ₹16,200 per sq ft. This reflects a depreciation of 6.16% compared to the previous period, positioning these units at a lower price point than the general locality average of ₹18,500 per sq ft.
Which residential projects in Gawand Baug are currently listed at the highest rates?
Several projects in Gawand Baug, including Gulmohar Upvan CHS, Prabhat Upvan CHS, and Nilgiri Upvan CHS, are listed at ₹16,250 per sq ft as of June 2026. While these projects represent prominent residential options, their listing rates have seen varying degrees of depreciation, such as a 2.12% decrease for Gulmohar Upvan CHS and a 0.89% decrease for Prabhat Upvan CHS when compared to the previous period.
How should investors interpret the rental yield data for Gawand Baug?
The rental yield of 3.83% in Gawand Baug, as of June 2026, allows investors to measure the annual rental income relative to the capital investment required for an apartment. When combined with the stable 0% change in the overall average rental rate of ₹59 per sq ft, it suggests a balanced market where rental income remains predictable for property owners.
