Property Rates in Ghodbunder Road, Thane

Property rates in Ghodbunder Road, Thane, have shown some fluctuation over the past year. From June 2025 to March 2026, the average location rate decreased from ₹15,570 per sq ft to ₹14,522 per sq ft, marking a decline. The micromarket rate saw a significant increase from ₹10,128 per sq ft in June 2025 to ₹18,962 per sq ft in March 2026, suggesting varied performance across different segments within the locality.

Property prices vary significantly across neighborhoods in Ghodbunder Road, Thane. As of March 2026, Kashigaon shows the highest average rate at ₹16,753 per sq ft, appreciating by 2.13%. In contrast, Bhayandarpada has the lowest average rate at ₹11,798 per sq ft, experiencing a depreciation of 4.09%. Other notable micromarkets include Anand Nagar at ₹13,319 per sq ft (up 2.34%) and Kasarvadavali at ₹13,842 per sq ft (down 0.94%).

In Ghodbunder Road, Thane, apartments are the most common property type, with an average price of ₹14,522 per sq ft as of March 2026, which has depreciated by 0.79%. Villas are priced higher, averaging ₹18,853 per sq ft, and have seen a substantial appreciation of 13.42%. Shops are priced at ₹39,850 per sq ft, though they have depreciated by 4.08%.

In Ghodbunder Road, Thane, Ready To Move properties are priced at an average of ₹18,559 per sq ft as of March 2026, showing an appreciation of 2.08%. Under Construction properties are priced slightly lower at ₹16,969 per sq ft, with a depreciation of 0.98%. New Launch properties are priced at ₹17,028 per sq ft, appreciating by 0.51%, and Partially Ready To Move units are at ₹15,031 per sq ft, up 7.37%.

As of March 2026, several projects in Ghodbunder Road, Thane, command high listing rates. One Hiranandani Park leads with ₹30,421 per sq ft, though it has depreciated by 3.23%. Godrej Vihang is listed at ₹28,650 per sq ft with no change. Projects like Hiranandani Estate Brentford and Hiranandani Estate Canosa are priced around ₹28,570 per sq ft and ₹28,461 per sq ft respectively, both appreciating by approximately 2.3%.

The average rental rate in Ghodbunder Road, Thane, is ₹55 per sq ft as of March 2026, with apartments seeing a 10% appreciation. The area offers a rental yield of 4.54%, which indicates the potential return on investment for property owners based on current rental income relative to property values.

In Ghodbunder Road, Thane, rental rates increase significantly with the number of bedrooms. Studios are available for an average of ₹17,750 per month, while 1 BHK apartments average ₹21,259 per month. Larger configurations like 2 BHK apartments are around ₹35,343 per month, 3 BHK apartments are ₹53,743 per month, and 4 BHK apartments command an average of ₹1.16 Lakh per month, with 5 BHK units reaching ₹1.37 Lakh per month.

Among the neighborhoods in Ghodbunder Road, Thane, Miragaon shows the highest average rental rate at ₹69 per sq ft, appreciating by 13.11%. Vijay Nagari follows with ₹60 per sq ft, up 11.11%. On the lower end, Hatkesh Udhog Nagar has an average rental rate of ₹43 per sq ft, though it has depreciated by 23.21%. Haware City rents are at ₹44 per sq ft, depreciating by 8.33%.

In Ghodbunder Road, Thane, apartments are the most common rental property type, with an average rental rate of ₹55 per sq ft as of March 2026, showing a 10% appreciation. Office spaces are priced higher at ₹144 per sq ft, but have seen a significant depreciation of 18.64%. Shops are available for rent at ₹136 per sq ft, with a depreciation of 5.56%.

As of March 2026, projects in Ghodbunder Road, Thane, with the highest rental rates per square foot include Hiranandani Estate Villa Carino at ₹87 per sq ft, which has appreciated by a significant 27.94%. Hiranandani Solitaire Studio Apartment is listed at ₹90 per sq ft, appreciating by 2.27%. Other high-demand projects like Hiranandani Mayflower and Hiranandani Estate Fiona are renting at ₹77 per sq ft.

The mixed price trends in Ghodbunder Road, Thane, suggest a dynamic market. While the overall location rate depreciated by 0.79% to ₹14,522 per sq ft by March 2026, certain micromarkets and property types, like villas which appreciated by 13.42%, show resilience. This could indicate opportunities for investors in specific segments, while end-users might find more favorable pricing in areas with depreciating rates, depending on their priorities.

The average asking price for Ghodbunder Road as a whole was ₹14,522 per sq ft as of March 2026, showing a slight depreciation. However, the micromarket rate for the broader area was ₹18,962 per sq ft in the same period, indicating that while the overall locality average is one figure, specific sub-markets within Ghodbunder Road can command significantly higher prices.

As of March 2026, there are 2,038 properties listed for sale in Ghodbunder Road, Thane. This indicates a substantial supply of available real estate in the locality, which could influence pricing dynamics and negotiation power for buyers.