Property Rates in Lal Bahadur Shastri Road, Thane 2026

Property prices in Lal Bahadur Shastri Road have shown a consistent upward trajectory throughout the recent quarters. As of June 2026, the micromarket rate stands at ₹19,450 per sq ft, rising from ₹18,950 per sq ft in March 2026 and December 2025, and up from ₹18,250 per sq ft in September 2025. This steady increase reflects sustained demand and growing interest in the area.

Property prices in Lal Bahadur Shastri Road vary significantly compared to nearby areas in Thane. As of June 2026, premium pockets like Laxmi Nagar command ₹26,250 per sq ft (up 0.2% from the previous period) and Panch Pakhadi at ₹26,050 per sq ft (which depreciated by 3.13%). Conversely, more accessible areas include Uthalsar at ₹17,400 per sq ft and Thane East at ₹19,300 per sq ft (which depreciated by 3.67%).

As of June 2026, both Ready To Move and Partially Ready To Move properties in Lal Bahadur Shastri Road are priced at an average of ₹22,450 per sq ft. This rate has depreciated by 2.39% compared to the previous period, suggesting a slight market correction for completed inventory in this locality.

The average rental rate in Lal Bahadur Shastri Road is ₹78 per sq ft as of June 2026, with the rate remaining stable at a 0% change. The locality currently offers a rental yield of 4.72%, which serves as a key indicator for investors evaluating the income-generating potential of their property relative to the capital investment.

As of June 2026, a 1 BHK apartment in Lal Bahadur Shastri Road commands an average monthly rent of ₹29,750. This price point provides a clear benchmark for tenants and landlords, reflecting the current residential rental market demand for compact, single-bedroom units in this part of Thane.

Kashish Park Apartment and Kashish Park Tower B are among the prominent projects for rentals in Lal Bahadur Shastri Road as of June 2026. Kashish Park Apartment currently lists at ₹81 per sq ft, having appreciated by 24.62% compared to the previous period, while Kashish Park Tower B lists at ₹62 per sq ft, showing stable pricing with a 0% change.

Rental rates across neighbourhoods near Lal Bahadur Shastri Road are relatively uniform, with many areas like Khopat, Charai, Uthalsar, and Ganeshwadi averaging ₹50 per sq ft as of June 2026. While some areas like Khopat have seen a 4.92% appreciation in rental rates, others such as Shrirang Society have experienced a depreciation of 4.92% over the same period, highlighting the importance of micro-location analysis for rental income stability.

As of June 2026, both Kashish Park Tower B and Kashish Park Apartment in Lal Bahadur Shastri Road are listed at an average of ₹22,450 per sq ft. These projects have seen a depreciation of 2.39% compared to the previous period, which may signal a strategic adjustment in pricing to align with current buyer sentiment in the Thane residential market.