Lal Bahadur Shastri Road Property Rates — ₹19,850/sq ft

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Property Rates in Lal Bahadur Shastri Road

Property rates in Lal Bahadur Shastri Road average ₹19,850 per sq ft. This established corridor in Thane remains a significant residential hub, drawing interest from buyers looking for well-connected housing options. The market is supported by a steady rental yield of 4.72%, reflecting consistent demand for residential units. With various established projects, the locality continues to be a focal point for those seeking a blend of urban convenience and residential stability in Thane.

Asking Sale Price

₹ 19,850/Sq.Ft.

For Apartment

Average Rental

₹ 78/Sq.Ft.

Rental Yield

+ 4.72%

Insights

Insights for Lal Bahadur Shastri Road, Thane Real Estate Market Overview

The real estate landscape along Lal Bahadur Shastri Road in Thane presents a stable market environment characterized by consistent pricing and active interest in residential apartments. Current averages hover around ₹19,850 per sq ft, supported by a diverse supply of both ready-to-move and partially ready-to-move projects. Rental activity is particularly notable, with an average rental rate of ₹78 per sq ft and a healthy rental yield of 4.72% for property owners. The market dynamics are further influenced by surrounding localities, where pricing ranges from more accessible options to premium residential pockets.

Ready-to-move units currently average ₹22,450 per sq ft, maintaining strong appeal for immediate occupancy.
Rental demand for 1 BHK configurations is active, with average monthly rents reaching ₹29,750.
Kashish Park Apartment stands out in the rental segment with rates reaching ₹81 per sq ft.
The local market shows a rental yield of 4.72%, indicating stable returns for residential investors.
Surrounding areas like Laxmi Nagar and Panch Pakhadi provide a wide pricing spectrum for potential buyers.

Market Strengths

The area maintains a healthy rental yield of 4.72%, outperforming several other residential pockets.
Average rental rates of ₹78 per sq ft indicate strong demand for residential space in the locality.
The presence of established projects like Kashish Park provides high brand recognition and buyer trust.
Diverse price points across surrounding areas like Uthalsar and Laxmi Nagar cater to a wide range of investor budgets.
The 1 BHK segment remains a reliable performer with an average monthly rent of ₹29,750.
Proximity to major Thane transit hubs strengthens the long-term desirability of the road's residential offerings.

Market Challenges

Some surrounding localities like Panch Pakhadi have experienced a price correction of -3.13%, which may impact short-term resale value.
Naupada has seen a significant price adjustment of -10.38%, suggesting a volatile period for that specific sub-market.
Thane East has recorded a -3.67% change in rates, reflecting shifting buyer preferences in the broader region.
J K Gram shows a -1.27% price trend, indicating localized pressure on property values.

Investment Opportunities

Investors can leverage a strong 4.72% rental yield, which is attractive for long-term residential holdings.
The consistent demand for 1 BHK apartments offers a stable entry point for those targeting the rental market.
Properties in high-demand areas like Laxmi Nagar provide potential for long-term capital appreciation.
Ready-to-move projects eliminate construction risks, making them a secure choice for risk-averse investors.

Top Localities in Lal Bahadur Shastri Road, Thane

Khopat

Avg Price ₹ 23,250 /Sq.Ft.

Avg Rent ₹ 61 /Sq.Ft.

YIELD + 3.15

LISTINGS 26

Charai

Avg Price ₹ 19,950 /Sq.Ft.

Avg Rent ₹ 65 /Sq.Ft.

YIELD + 3.91

LISTINGS 27

Uthalsar

Avg Price ₹ 17,400 /Sq.Ft.

Avg Rent ₹ 62 /Sq.Ft.

YIELD + 4.28

LISTINGS 27

Kolbad

Avg Price ₹ 21,050 /Sq.Ft.

LISTINGS 12

Price Trend

Lal Bahadur Shastri Road, Thane Property Price Trends and Appreciation

About Asking Price Trends

Lal Bahadur Shastri Road Property Price Comparison

By Localities
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Khopat	23,250	-
Uthalsar	17,400	-
Ganeshwadi	18,150	-0.5
Laxmi Nagar	26,250	0.2
Panch Pakhadi	26,050	-3.1
J K Gram	23,900	-1.3
Naupada	23,000	-10.4
Vartak Nagar	20,750	0
Pokhran Road No One	23,900	1.4
Thane East	19,300	-3.7

The surrounding micromarkets provide a broad range of entry points for homebuyers in the region. Laxmi Nagar commands a premium at ₹26,250 per sq ft, while Panch Pakhadi follows closely at ₹26,050 per sq ft. For those seeking more accessible options, Uthalsar offers a competitive rate of ₹17,400 per sq ft, representing a significant price variance compared to the premium zones.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	2	22,450	-2.4

The market provides options for both immediate and future occupancy, with ready-to-move and partially ready-to-move inventory both priced at an average of ₹22,450 per sq ft. This uniform pricing across status categories allows buyers to prioritize their move-in timelines without significant price fluctuations.

Project & Developer Insights

Top Residential Projects and Developers in Lal Bahadur Shastri Road

Birla Taranya ₹ 1 Cr - ₹ 2.45 Cr

Thane City, Thane

Purva Panorama ₹ 1.8 Cr - ₹ 2.66 Cr

Thane City, Thane

LnT Evara Heights ₹ 2.09 Cr - ₹ 6.34 Cr

Thane City, Thane

Lodha Crown Kolshet ₹ 70 L - ₹ 1.73 Cr

Thane City, Thane

Dosti West County ₹ 72.33 L - ₹ 2.15 Cr

Thane City, Thane

Dosti Greater Thane ₹ 44.03 L - ₹ 71.63 L

Thane City, Thane

JP Codename Lottery ₹ 48 L - ₹ 79.90 L

Thane City, Thane

Kalpataru Parkcity Estella ₹ 1.89 Cr - ₹ 2.60 Cr

Thane City, Thane

Lodha High End ₹ 3.49 Cr - ₹ 5.52 Cr

Thane City, Thane

Runwal One ₹ 1.69 Cr - ₹ 4.70 Cr

Thane City, Thane

New Launch

Under Construction

Ready to Move

Top Projects by Listing Rates

Listing Rate
By Rental

Project Name	Rate (₹/Sq.Ft)	Change %
Kashish Park Apartment, Lal Bahadur Shastri Road	22,450	-2.4
Kashish Park Tower B, Lal Bahadur Shastri Road	22,450	-2.4

Premium developments like Kashish Park Apartment and Kashish Park Tower B define the high-end residential segment of Lal Bahadur Shastri Road. Both projects are currently priced at ₹22,450 per sq ft, highlighting their appeal as established residential choices in Thane.

Project Name	Rate (₹/Sq.Ft)	Change %
Kashish Park Apartment, Lal Bahadur Shastri Road	81	24.6
Kashish Park Tower B, Lal Bahadur Shastri Road	62	-

Kashish Park Apartment leads the rental market with a current rate of ₹81 per sq ft, having recorded a notable 24.62% increase. Meanwhile, Kashish Park Tower B maintains a steady rental rate of ₹62 per sq ft.

Rental Trends

Rental Trends and Average Rent in Lal Bahadur Shastri Road, Thane

The rental market for 1 BHK apartments in Lal Bahadur Shastri Road is robust, with units averaging ₹29,750 per month. This segment remains the primary driver for residential rental activity in the area. Rental rates across the region are diverse, with areas like Khopat and Charai averaging ₹50 per sq ft. While most locations maintain stable rental pricing, Khopat has shown a positive growth trend of 4.92%, contrasting with the -4.92% adjustment seen in Shrirang Society. Kashish Park Apartment leads the rental market with a current rate of ₹81 per sq ft, having recorded a notable 24.62% increase. Meanwhile, Kashish Park Tower B maintains a steady rental rate of ₹62 per sq ft.

Lal Bahadur Shastri Road Rent Comparison

By Unit Type
By Location

Unit Type	Rate (₹)
1 Bhk	29,750

Locality	Rate (₹/Sq.Ft)	Change %
Khopat	50	4.9
Charai	50	-4.6
Uthalsar	50	-1.6
Ganeshwadi	50	-
Runwal Nagar	50	-1.5
Laxmi Nagar	50	1.4
Shrirang Society	50	-4.9
Panchsheel Nagar	50	-
Panch Pakhadi	50	-1.5
Chirak Nagar	50	-4.4

Rental rates across the region are diverse, with areas like Khopat and Charai averaging ₹50 per sq ft. While most locations maintain stable rental pricing, Khopat has shown a positive growth trend of 4.92%, contrasting with the -4.92% adjustment seen in Shrirang Society.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,350 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,350 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,500 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,900 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 8,900 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 4,000 /Sq.Ft

Micromarket-Wise Property Price Trends Around Lal Bahadur Shastri Road, Thane

Thane City

Avg. Asking Price ₹ 18,950 /Sq.Ft

Bhiwandi

Avg. Asking Price ₹ 16,900 /Sq.Ft

Govt Registration Rate ₹ 4,300 /Sq.Ft

Dombivli

Avg. Asking Price ₹ 12,150 /Sq.Ft

Govt Registration Rate ₹ 7,600 /Sq.Ft

Kalyan

Avg. Asking Price ₹ 9,750 /Sq.Ft

Govt Registration Rate ₹ 7,750 /Sq.Ft

Badlapur

Avg. Asking Price ₹ 7,100 /Sq.Ft

Govt Registration Rate ₹ 5,450 /Sq.Ft

More insights about Lal Bahadur Shastri Road, Thane

Lal Bahadur Shastri Road, Thane Overview

Lal Bahadur Shastri Road, Thane Reviews

FAQ

Frequently Asked Questions About Property Rates in Lal Bahadur Shastri Road, Thane

What is the current average asking price in Lal Bahadur Shastri Road, Thane?

As of June 2026, the average asking price in Lal Bahadur Shastri Road is ₹19,850 per sq ft. This rate has remained stable, showing a 0% change compared to previous periods, indicating a balanced market environment for buyers and sellers in this locality.

How have property prices in Lal Bahadur Shastri Road trended recently?

Property prices in Lal Bahadur Shastri Road have shown a consistent upward trajectory over the last year. According to data from September 2025 to June 2026, the micromarket rate increased from ₹18,250 per sq ft to ₹19,450 per sq ft as of June 2026, reflecting steady demand and growing interest in this corridor.

How do property rates in Lal Bahadur Shastri Road compare to surrounding neighbourhoods?

Property rates vary significantly across neighbourhoods near Lal Bahadur Shastri Road. As of June 2026, areas like Laxmi Nagar command a premium at ₹26,250 per sq ft (which appreciated by 0.2% compared to the prior period), while Uthalsar offers a more accessible entry point at ₹17,400 per sq ft with stable pricing. Other nearby areas like Naupada have seen a depreciation of 10.38% to reach ₹23,000 per sq ft, suggesting a localized market correction.

What is the price difference between Ready To Move and other property statuses in Lal Bahadur Shastri Road?

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 reflects a depreciation of 2.39% compared to the previous period, which may present a strategic entry opportunity for buyers seeking immediate possession in this locality.

What is the average rental yield in Lal Bahadur Shastri Road, and what does it mean for investors?

The average rental yield in Lal Bahadur Shastri Road stands at 4.72% as of June 2026, with an average rental rate of ₹78 per sq ft. A rental yield of this level indicates a healthy balance between capital investment and recurring income, making it a noteworthy consideration for investors looking to generate rental returns alongside potential long-term capital appreciation.

What are the typical rental rates for a 1 BHK apartment in Lal Bahadur Shastri Road?

As of June 2026, a 1 BHK apartment in Lal Bahadur Shastri Road commands an average monthly rent of ₹29,750. This figure provides a clear benchmark for tenants and landlords, reflecting the current demand for compact, residential living spaces within this well-connected locality.

Which are the top projects for rental income in Lal Bahadur Shastri Road?

Kashish Park Apartment and Kashish Park Tower B are among the prominent projects for rental seekers in Lal Bahadur Shastri Road. As of June 2026, Kashish Park Apartment commands a rental rate of ₹81 per sq ft, which has seen a significant appreciation of 24.62% compared to the previous period, while Kashish Park Tower B maintains a stable rental rate of ₹62 per sq ft.

How do rental rates compare across different areas near Lal Bahadur Shastri Road?

Rental rates across the vicinity of Lal Bahadur Shastri Road are largely uniform at ₹50 per sq ft as of June 2026, though growth trends vary by area. For instance, Khopat has seen a rental appreciation of 4.92%, whereas areas like Shrirang Society and Charai have experienced rental depreciations of 4.92% and 4.62% respectively, reflecting diverse demand dynamics across these specific pockets.

What should buyers know about the project-level pricing in Lal Bahadur Shastri Road?

Projects like Kashish Park Apartment and Kashish Park Tower B are currently listed at ₹22,450 per sq ft as of June 2026. Both projects have experienced a price depreciation of 2.39% compared to the previous period, which may be useful for prospective buyers to factor into their budget and negotiation strategies when evaluating residential options in this area.